NOT LISTED FOR SALE

40 Farrand Dr Parsippany, NJ 07054

Estimated Value: $782,000 - $922,000

4 Beds
2.5 Baths
2,613 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $497,000 $190 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,686/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Eat-In Kitchen
  • Lake Hiawatha Elementary School Rated A-
  • 2 Car Attached Garage
  • Living Room

About This Home

As of September 2018

Spacious Colonial features 4 BR, 2.5 Baths, LR, DR, FR with fireplace, 1st floor laundry and 2 car attached garage. Large rooms and great closet space. Employees and family members residing with employees of JPMorgan Chase Bank, N.A. its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.

Last Agent to Sell the Property

Emilio Baldino

C-21 GEMINI, LLC. Listed on: 07/30/2018

Last Buyer's Agent

Emilio Baldino

C-21 GEMINI, LLC. Listed on: 07/30/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,502

Year Built

  • Built in 1979

Lot Details

  • 0.36 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,613 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2329-00713-0000-00005-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,502

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1979
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: No Beverwyck to Farrand
  • I D: 4825506
  • First Name: EMILIO
  • First Name3: EMILIO
  • Last Name: BALDINO
  • Last Name3: BALDINO
  • Office Phone: 973 628-0050 X111
  • Office Phone3: 973 628-0050 X111
  • Pager Number: 201 787-8443
  • Pager Number3: 201 787-8443
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 2613
  • Phone: 973-696-1111

Exterior Features

  • Exterior Description: Brick, Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Electric
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: .356 AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.36

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12502
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00713-0000-00005-0000-
  • Tax Rate Amount: 2.818
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Patel Hemen K and Patel Isha H
Bought by
Patel Hemen K and Patel Isha H
Current Estimated Value
$845,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Outstanding Balance
$265,028
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$580,191

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 27, 2018
Sold by
Deutsche Bank National Trust Company
Bought by
Patel Hemen K and Patel Isha H
Seller's Agent
Emilio Baldino
C-21 GEMINI, LLC.
Buyer's Agent
Emilio Baldino
C-21 GEMINI, LLC.
List Price
$494,000
Sold Price
$497,000
Premium/Discount to List
$3,000
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$397,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2018
Sold by
Avila David and Avila Esther
Bought by
Deutsche Bank Natinal Tyrust Co

Purchase Details

Closed on
May 14, 1997
Sold by
Emc Mtg Corp
Bought by
Avila David and Avila Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,400
Interest Rate
8%

Purchase Details

Closed on
Mar 26, 1996
Sold by
Rochford Edward V
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Hemen K -- Title365
Patel Hemen K $497,000 Servicelink Llc
Deutsche Bank Natinal Tyrust Co -- None Available
Avila David $266,000 --
Emc Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hemen K $377,000
Previous Owner Patel Hemen K $397,600
Previous Owner Avila David $239,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $497,000 +0.6% $190 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $494,000 -- $189 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,035 $426,400 $191,200 $235,200
2024 $14,753 $426,400 $191,200 $235,200
2023 $14,753 $426,400 $191,200 $235,200
2022 $13,764 $426,400 $191,200 $235,200
2021 $13,764 $426,400 $191,200 $235,200
2020 $13,470 $426,400 $191,200 $235,200
2019 $13,095 $426,400 $191,200 $235,200
2018 $12,805 $426,400 $191,200 $235,200
2017 $12,502 $426,400 $191,200 $235,200
2016 $12,276 $426,400 $191,200 $235,200
2015 $11,965 $426,400 $191,200 $235,200
2014 $12,075 $436,400 $191,200 $245,200
Source: Public Records

Agents Affiliated with this Home

  • Emilio Baldino

    Seller's Agent in 2018

    Emilio Baldino

    C-21 GEMINI, LLC.

    (973) 890-0500

    1 in this area

    69 Total Sales

    Emilio Baldino
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Map

Source: Garden State MLS

MLS Number: 3491043

Garden State MLS

APN: 29-00713-0000-00005

New Jersey Morris County Parsippany 07054

40 Farrand Dr, Parsippany, NJ

Not Listed for Sale

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