NOT LISTED FOR SALE

523 Allentown Rd Parsippany, NJ 07054

Estimated Value: $925,000 - $965,000

4 Beds
2.5 Baths
2,940 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $627,000 $213 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,693/month

46 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Lake Parsippany Elementary School Rated A
  • Recreation Room
  • Jetted Tub in Primary Bathroom

About This Home

As of July 2020

GORGEOUS, NEWER HOME IN DESIRABLE LK PARSIPPANY. 4 BR, 2.5 BATHS AND FULL FINISHED BASEMENT. BRIGHT & AIRY, 2 STORY FOYER WELCOMES YOU TO OPEN FLOOR PLAN WITH WOOD FLOORING AND CROWN MOLDING. KITCHEN BOASTS GRANITE CNTRTOPS, BACKSPLASH, NEWER APPLIANCES, 2 PANTRIES & SLIDERS THAT OPEN TO LARGE DECK. OVERSIZED ONE CAR GARAGE HAS ATTACHED 21 X 13 WORKROOM OR ADDITIONAL OFFICE SPACE. ABUNDANT CLOSET SPACE IN THIS HOME! HUGE MASTER BR SUITE, LAUNDRY ROOM AND 3 ADDITIONAL BR AND BATH COMPLETE THE 2ND FLOOR. HI EFFICIENCY FURNACE, UPGRADED INSULATION THROUGHOUT & MULTI ROOMS IN FINISHED BASEMENT COMPLETE WITH POOL TABLE & HOME GENERATOR COMPLETE THIS GEM. ALL WITH PUBLIC UTILITIES AND A 1 YEAR HOME WARRANTY! MINUTES TO PARK/RIDE BUS TRANSPORTATION, SCHOOLS AND PARKS.

Last Agent to Sell the Property

ANTOINETTE DEPIANO

KELLER WILLIAMS METROPOLITAN Listed on: 05/07/2020

Last Buyer's Agent

DHARMENDRA PATEL

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,460

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Home Gym
  • Finished Basement

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Eastlake Elementary School
  • Brooklawn Middle School
  • Par-Hills High School

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Generator Hookup
  • Gas Water Heater

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 2329-00254-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,460

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: WINDOW TREATMENTS
  • Street Number Display: 523
  • Directions: ROUTE 202 ONTO FIELDCREST RD RIGHT ONTO BEACHWOOD RD SLIGHT LEFT ONTO LEONARDO RD RIGHT ONTO ALLENTOWN RD #523
  • I D: 4976635
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: LAKE PARSIPPANY
  • First Name: ANTOINETTE
  • First Name3: DHARMENDRA
  • Last Name: DEPIANO
  • Last Name3: PATEL
  • Office Phone: 973-539-1120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Generator-Hookup, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Exercise Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Pantry, Separate Dining Area
  • Kitchen Dim: 14x8
  • Kitchen Level: First
  • Living Room Dim: 11x7
  • Living Room Level: First
  • Other Room 1: Workshop
  • Other Room1 Dim: 21x13
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: Second
  • Level 1 Rooms: Family Room, Foyer, GarEnter, Kitchen, Living Room, MudRoom, Pantry, Powder Room, Workshop
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Phone: 973-539-1120

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: 2 Units, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural, SolarLse
  • Heating: 3 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room
  • Home Warranty: Yes

Schools

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

Lot Info

  • Lot Size: .154 AC
  • Assessed Improvement Value: 365300
  • Assessed Land Value: 132300
  • Assessment: 497600
  • Easement: Unknown
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15460
  • Assessor Parcel Number: 2329-00254-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.948
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020

MLS Schools

  • Grade School: EastLake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 20, 2020
Sold by
Morales John C and Morales Ivonne
Bought by
Shah Akash A and Shah Krishna
Seller's Agent
ANTOINETTE DEPIANO
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
DHARMENDRA PATEL
KELLER WILLIAMS REALTY
List Price
$664,900
Sold Price
$627,000
Premium/Discount to List
-$37,900
-5.7%
Current Estimated Value
$948,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,113
Avg. Annual Appreciation
8.71%
Original Mortgage
$477,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Morales John C
Bought by
Morales John C and Morales Ivonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shah Akash A $627,000 None Available
Morales John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Akash A $466,000
Closed Shah Akash A $477,000
Previous Owner Morales John C $361,700
Previous Owner Morales John C $417,000
Previous Owner Morales John C $50,000
Previous Owner Morales John C $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $627,000 -3.5% $213 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/02/2020 06/02/20 Price Changed $649,900 -2.3% $221 / Sq Ft
05/07/2020 05/07/20 For Sale $664,900 -- $226 / 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 $17,488 $514,800 $132,300 $382,500
2023 $17,488 $514,800 $132,300 $382,500
2022 $16,314 $514,800 $132,300 $382,500
2021 $16,314 $514,800 $132,300 $382,500
2020 $15,396 $497,600 $132,300 $365,300
2019 $14,983 $497,600 $132,300 $365,300
2018 $14,654 $497,600 $132,300 $365,300
2017 $14,326 $497,600 $132,300 $365,300
2016 $14,077 $497,600 $132,300 $365,300
2015 $13,704 $497,600 $132,300 $365,300
2014 $13,525 $497,600 $132,300 $365,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3631160

Garden State MLS

APN: 29-00254-0000-00006