NOT LISTED FOR SALE

5 Farmstead Dr Parsippany, NJ 07054

Estimated Value: $773,000 - $817,000

4 Beds
2.5 Baths
2,140 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $500,000 $234 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,384/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Lake Hiawatha Elementary School Rated A-
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of June 2019

Colonial with 4 bedrooms, master bath with stall shower and 2 double closets,updated kitchen with custom tiled floor,separate dining area,loads of cabinets! sunken family room with sliders to paver Patio,hardwood floors under the carpets excluding family room,newer windows and roof, brand new electrical panel. This is a corner property with privacy.

Last Agent to Sell the Property

Maria Ferrito

C-21 GEMINI, LLC. Listed on: 05/03/2019

Last Buyer's Agent

BEVERLEE NICHOLS

WEICHERT REALTORS CORP HQ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,623

Year Built

  • Built in 1967

Lot Details

  • 0.32 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Storage Shed

Schools

  • Northvail Elementary School
  • Central Middle School
  • Parsippany High School

Utilities

  • Central Air
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2329-00479-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,623

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1967
  • County Name: Morris
  • Street Number Display: 5
  • Directions: N.BEVERWYCK TO L. VAIL TO R. S.ROOSEVELT TO L. FARMSTEAD
  • I D: 4885967
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: Farmstead
  • First Name: MARIA
  • First Name3: BEVERLEE
  • First Name4: LINDA
  • Last Name: FERRITO
  • Last Name3: NICHOLS
  • Last Name4: BRONFMAN
  • Office Phone: 973-696-1111
  • Office Phone3: 973-984-1400
  • Office Phone4: 211706
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • 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: Finished-Partially, Full
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area
  • Kitchen Dim: 11x18
  • Kitchen Level: First
  • Living Room Dim: 20x12
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-696-1111

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Storage Shed, Curbs
  • 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: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: .320 AC
  • Assessed Improvement Value: 154500
  • Assessed Land Value: 214000
  • Assessment: 368500
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.32
  • Zoning: res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10623
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00479-0000-00001-0000-
  • Tax Rate Amount: 2.883
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Northvail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 21, 2019
Sold by
Venturini Louise
Bought by
Tiwari Mayank Manjul and Tiwari Payal Vandana
Seller's Agent
Maria Ferrito
C-21 GEMINI, LLC.
Buyer's Agent
BEVERLEE NICHOLS
WEICHERT REALTORS CORP HQ
List Price
$499,999
Sold Price
$500,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$795,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,365
Avg. Annual Appreciation
7.79%
Original Mortgage
$400,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 1996
Sold by
Becker Charles and Becker Adelaide M
Bought by
Venturini Mario and Venturini Louise
Source: Public Records

Range of Values:

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Average Value
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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
Tiwari Mayank Manjul $500,000 First American Title Ins Co
Venturini Mario $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiwari Mayank Manjul $363,000
Closed Tiwari Mayank Manjul $380,000
Closed Tiwari Mayank Manjul $400,000
Previous Owner Venturini Amario W $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $500,000 0.0% $234 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $499,999 -- $234 / 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 $12,702 $368,500 $214,000 $154,500
2024 $12,463 $368,500 $214,000 $154,500
2023 $12,463 $368,500 $214,000 $154,500
2022 $11,581 $368,500 $214,000 $154,500
2021 $11,581 $368,500 $214,000 $154,500
2020 $11,412 $368,500 $214,000 $154,500
2019 $11,107 $368,500 $214,000 $154,500
2018 $10,863 $368,500 $214,000 $154,500
2017 $10,690 $368,500 $214,000 $154,500
2016 $10,432 $368,500 $214,000 $154,500
2015 $9,924 $368,500 $214,000 $154,500
2014 $9,788 $368,500 $214,000 $154,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3553896

Garden State MLS

APN: 29-00479-0000-00001