NOT LISTED FOR SALE

5 Ashwood Place Parsippany, NJ 07054

Estimated Value: $760,000 - $883,000

5 Beds
2.5 Baths
2,296 Sq Ft
$362/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $750,000 $327 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,654/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • High Ceiling
  • Lake Hiawatha Elementary School Rated A-
  • Attic
  • Formal Dining Room

About This Home

As of May 2022

Welcome to this lovely split-level colonial nestled in a desirable neighborhood. Terrific natural light can be found throughout this home. The high-ceiling Living Room and Dining Room are connected to the Kitchen on an open-floor - great for gatherings and entertaining guests. Newly updated kitchen with granite counters and stainless steel appliances. The bedroom on the main floor is adjacent to the half-bath, super convenient for stay-over and it is a great setup for multi-generational housing. A bright sliding door from the Family Room leads to the fenced-in Backyard with a stone patio and is surrounded by evergreens that provide good privacy. Step through the glass French doors from the Family Room into the large Rec Room/Exercise Room that can be doubled as a Home Office. The second floor features three Bedrooms, the Main Bath, and a Master Suite with a Full Bath and walk-in closet. Newer roof and HAVC. Whole-house humidifier and whole-house water softener. Walking distance to Lakeland bus that takes you directly to NYC Port Authority. Great location for commuting and shopping!

Last Agent to Sell the Property

JACK QIZHAN YAO

REALMART REALTY Listed on: 03/16/2022

Last Buyer's Agent

SHANTILAL N. PATEL

LIVX

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,544

Year Built

  • Built in 1965

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned R-3

Parking

  • 2 Car Attached Garage
  • Inside Entrance

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic Fan

Kitchen

  • Butlers Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Separate Shower

Unfinished Basement

  • Garage Access
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Lkhiawatha Elementary School
  • Central Middle School
  • Parsippany High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2329-00701-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,544

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Split Level
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1965
  • Year Built Description: Standing
  • County Name: Morris
  • Street Number Display: 5
  • Directions: From US-46 Turn onto N Beverwyck Rd Turn right onto Ashwood Pl
  • I D: 5136325
  • Modified: 2023-05-21
  • Number Images: 15
  • First Name: JACK QIZHAN
  • First Name3: SHANTILAL N.
  • Last Name: YAO
  • Last Name3: PATEL
  • Office Phone: 732-727-2285
  • Office Phone3: 301545
  • Attribution Contact: 888-362-6543
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Electric, Refrigerator, Sump Pump, Water Softener-Own
  • Interior Amenities: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 13
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Inside Entrance, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, RecRoom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic, Storage Room
  • Phone: 888-362-6543

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Metal Fence, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Attic Fan, 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

  • Elementary School: LKHiawatha
  • Middle School: Central
  • High School: Parsippany
  • High School: Parsippany
  • Middle Jr High School: Central

Lot Info

  • Lot Size: .362 AC
  • Assessed Improvement Value: 141400
  • Assessed Land Value: 192400
  • Assessment: 333800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.36
  • Zoning: R-3

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10544
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00701-0000-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.228
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: LKHiawatha

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Apr 28, 2022
Sold by
Li and Kingyu
Bought by
Patel Aatmiya K and Patel Richa
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
SHANTILAL N. PATEL
LIVX
List Price
$679,000
Sold Price
$750,000
Premium/Discount to List
$71,000
10.46%
Total Days on Market
7
Current Estimated Value
$830,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,568
Avg. Annual Appreciation
3.38%
Original Mortgage
$684,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Tamburello Patricia and Tamburello Diane
Bought by
Li Kingyu and Li Can

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Aatmiya K $750,000 Foundation Title
Li Kingyu $452,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Aatmiya K $684,000
Previous Owner Li Can $355,000
Previous Owner Li Kingyu $200,000
Previous Owner Li Kingyu $293,000
Previous Owner Li Kingyu $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $750,000 +10.5% $327 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $679,000 -- $296 / 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 $12,165 $351,600 $192,400 $159,200
2023 $12,165 $351,600 $192,400 $159,200
2022 $10,775 $333,800 $192,400 $141,400
2021 $10,775 $333,800 $192,400 $141,400
2020 $10,545 $333,800 $192,400 $141,400
2019 $10,251 $333,800 $192,400 $141,400
2018 $10,024 $333,800 $192,400 $141,400
2017 $9,787 $333,800 $192,400 $141,400
2016 $9,610 $333,800 $192,400 $141,400
2015 $9,366 $333,800 $192,400 $141,400
2014 $9,236 $333,800 $192,400 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3769516

Garden State MLS

APN: 29-00701-0000-00011