$506,000
SOLD AUG 19, 2019

45 Summit Rd Parsippany, NJ 07054

4 Beds
2 Baths
1,876 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

6% Below List Price

71 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Corner Lot
  • Lake Parsippany Elementary School Rated A
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of August 2019

Gorgeous home completely renovated /2019 /open floor plan, large beautiful flat corner lot. Excellent schools &commuters delight .New bath,new Lg Kit - Corian counter tops, pantry,long cabinets, SS appliances, dishwasher, Refrigerator large pantry. Updated baths, hardwood floor throughout,designer light fixtures, Dinning room has door leads to Deck & family room has sliders to patio.& to backyard great for outdoor entertainment .professionally landscaped.Close to Park & Ride for NY commute. Easy Access to major highways Rte. 80,287,202, 10...close to shopping, Restaurants, entertainments. Hook ups for second kitchen downstairs- Mother/ daughter .Parsippany is rated #1 best place to live in NJ. Downstairs 1 bed, 1 bath and family room.

Last Agent to Sell the Property

SHASHI GUPTA

PROMINENT PROPERTIES SIR Listed on: 05/01/2019

Last Buyer's Agent

SHASHI GUPTA

PROMINENT PROPERTIES SIR Listed on: 05/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,654

Year Renovated

  • 2019

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Direct Access Garage

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Brooklawn Middle School
  • Par-Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2329-00322-0000-00010-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,654

Year Renovated

2019

Lot Details

0

Parking

1

Listing Details

  • Style: Bi-Level
  • Primary Style: Bi-Level
  • Subproperty Type: Single Family
  • County Name: Morris
  • Renovated Year: 2019
  • Street Number Display: 45
  • Directions: 202/ littleton Rd to Halsey to rt on summit #45 last home -corner lot
  • I D: 4893032
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: SHASHI
  • First Name3: SHASHI
  • Last Name: GUPTA
  • Last Name3: GUPTA
  • Office Phone: 973-335-5700
  • Office Phone3: 973-335-5700
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Self Cleaning Oven, Microwave Oven
  • Number Rooms: 9
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Family Room Level: Ground
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: Ground
  • Level 1 Rooms: Foyer, 3 Bedrooms, Living Room, Pantry, Dining Room, Porch, Bath Main, Kitchen
  • Ground Level Rooms: 1 Bedroom, Laundry Room, Utility Room, Walkout, GarEnter, Bath(s) Other, Family Room, Rec Room
  • Phone: 973-334-9400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Middle School: BrookLawn
  • High School: Par-Hills
  • High School: Par-Hills
  • Middle Jr High School: BrookLawn

Lot Info

  • Lot Size: .184 AC
  • Assessed Improvement Value: 126100
  • Assessed Land Value: 139400
  • Assessment: 265500
  • Easement: Unknown
  • Lot Description: Corner, Level Lot, Open Lot
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18
  • Zoning: Residential

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7654
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00322-0000-00010-0000-
  • Tax Rate Amount: 2.883
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 30, 2019
Sold by
Summit Road Llc
Bought by
Thakkar Zankrut
Seller's Agent
SHASHI GUPTA
PROMINENT PROPERTIES SIR
Buyer's Agent
SHASHI GUPTA
PROMINENT PROPERTIES SIR
List Price
$538,900
Sold Price
$506,000
Premium/Discount to List
-$32,900
-6.11%
Current Estimated Value
$670,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,796
Avg. Annual Appreciation
4.53%
Original Mortgage
$380,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2018
Sold by
Rizk Wahid A and Rizk Zainab L
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 12, 2014
Sold by
Bank Of America Na
Bought by
Summit Road Llc

Purchase Details

Closed on
Dec 12, 2003
Sold by
Naik Minesh
Bought by
Rizik Wahid and Rizik Zainab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.88%

Purchase Details

Closed on
Sep 1, 1993
Sold by
Erickson Alison
Bought by
Naik Minehs and Naik Dipti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.9%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $493,000 Acres Land Title Agency Inc
Deed $306,000 None Available
Special Warranty Deed $339,675 Servicelink Llc
Deed $376,000 --
Deed $166,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,219 New Conventional
Closed $371,219 New Conventional
Closed $380,000 New Conventional
Previous Owner $159,400 Credit Line Revolving
Previous Owner $190,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $506,000 -6.1% $270 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $538,900 +58.7% $287 / Sq Ft
01/24/2019 01/24/19 Sold $339,675 +18.8% $181 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $285,900 -- $152 / 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
2024 $9,019 $265,500 $139,400 $126,100
2023 $9,019 $265,500 $139,400 $126,100
2022 $8,414 $265,500 $139,400 $126,100
2021 $8,414 $265,500 $139,400 $126,100
2020 $8,215 $265,500 $139,400 $126,100
2019 $7,994 $265,500 $139,400 $126,100
2018 $7,819 $265,500 $139,400 $126,100
2017 $7,644 $265,500 $139,400 $126,100
2016 $7,511 $265,500 $139,400 $126,100
2015 $7,062 $265,500 $139,400 $126,100
2014 $6,966 $265,500 $139,400 $126,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3552493

Garden State MLS

APN: 29-00322-0000-00010