NOT LISTED FOR SALE

5 Cherry Ln Parsippany, NJ 07054

Estimated Value: $705,799 - $832,000

-- Bed
-- Bath
2,113 Sq Ft
$361/Sq Ft Est. Value

About This Home

This home is located at 5 Cherry Ln, Parsippany, NJ 07054 and is currently estimated at $762,950, approximately $361 per square foot. 5 Cherry Ln is a home located in Morris County with nearby schools including Lake Hiawatha Elementary School, Central Middle School, and Parsippany High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2007
Sold by
Torzewski Thomas N
Bought by
Franz Michael and Franz Angela
Current Estimated Value
$762,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$243,689
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$519,261
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Franz Michael $435,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franz Michael $385,000
Source: Public Records

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 $12,581 $356,800 $188,800 $168,000
2024 $12,345 $356,800 $188,800 $168,000
2023 $12,345 $356,800 $188,800 $168,000
2022 $11,518 $356,800 $188,800 $168,000
2021 $11,518 $356,800 $188,800 $168,000
2020 $11,271 $356,800 $188,800 $168,000
2019 $10,957 $356,800 $188,800 $168,000
2018 $10,544 $351,100 $188,800 $162,300
2017 $10,294 $351,100 $188,800 $162,300
2016 $10,108 $351,100 $188,800 $162,300
2015 $9,852 $351,100 $188,800 $162,300
2014 $9,715 $351,100 $188,800 $162,300
Source: Public Records

Map

New Jersey Morris County Parsippany 07054

5 Cherry Ln, Parsippany, NJ

Not Listed for Sale

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