NOT LISTED FOR SALE

54 Stephen Terrace Parsippany, NJ 07054

Estimated Value: $985,000 - $1,018,000

5 Beds
3.5 Baths
3,533 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $700,000 $198 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,741/month

14 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • Northvail Elementary School Rated A
  • Deck
  • Formal Dining Room

About This Home

As of May 2017

Magnificent center hall colonial with in-law suite living on the first floor. Custom design chef kitchen with high end SS appliances, granite and white cabinets. Luxurious baths! Move in condition. Money Magazine ranked Parsippany as the "5th Best Place to Live". This 5 bedroom 3.5 bath designer home has it all. Wood, marble and ceramic floors. Updated, luxurious bathrooms, built ins.Whole house generator, a true gem!

Last Agent to Sell the Property

AMY ZACONIE

ELITE REALTORS OF NEW JERSEY Listed on: 02/23/2017

Last Buyer's Agent

SUE LIN

GARDEN HOME REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,274

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.37

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Sound System
  • Gas Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Schools

  • Northvail Elementary School
  • Parsippany High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Water Filtration System
  • Water Softener is Owned

Additional Features

  • Handicap Modified
  • Deck
  • 0.37 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2329-00459-0000-00059-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,274

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1978
  • Year Built Description: Renovated
  • County Name: Morris
  • Easements Description: utility
  • Exclusions: chandelier above kitchen table in dinette
  • Handicap Modified: Yes
  • Renovated Year: 2008
  • Street Number Display: 54
  • Directions: Vail to Knoll Rd to Twin Oaks right turn Woodhaven to Stephen Terrace
  • I D: 4690446
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: AMY
  • First Name3: SUE
  • Last Name: ZACONIE
  • Last Name3: LIN
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Stone
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, OvnWElec, Refrigerator, CookGas, Washer, Instant Hot Water, Water Filter, Dishwasher, Self Cleaning Oven, Water Softener-Own, Disposal, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Drapes, TubShowr, StallShw, Walk-In Closet, Blinds, Shades, Carbon Monoxide Detector, Stereo System, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Partial
  • Dining Area: Formal Dining Room
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Kitchen, Full Bath, SepEnter
  • Kitchen Area: Breakfast Bar, Center Island, Pantry, Eat-In Kitchen, Second Kitchen
  • Phone: 973-334-1232

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Barbeque, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: From Furnace

Schools

  • Elementary School: Northvail
  • High School: Parsippany
  • High School: Parsippany

Lot Info

  • Lot Size: .370 AC
  • Assessed Improvement Value: 296300
  • Assessed Land Value: 219200
  • Assessment: 515500
  • Easement: Yes
  • Lot Identifier: 59
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14274
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00459-0000-00059-0000-
  • Tax Rate Amount: 2.769
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Northvail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 26, 2017
Sold by
Varsano Samuel and Varsano Ann
Bought by
Chao Jerold and Yung Monica
Seller's Agent
AMY ZACONIE
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
SUE LIN
GARDEN HOME REALTY
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$995,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,232
Avg. Annual Appreciation
4.30%
Original Mortgage
$450,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Chao Jerold $700,000 Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chao Jerold $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $700,000 +0.1% $198 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $699,000 -- $198 / 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 $17,579 $515,500 $219,200 $296,300
2024 $17,254 $515,500 $219,200 $296,300
2023 $17,254 $515,500 $219,200 $296,300
2022 $16,130 $515,500 $219,200 $296,300
2021 $16,130 $515,500 $219,200 $296,300
2020 $15,785 $515,500 $219,200 $296,300
2019 $15,357 $515,500 $219,200 $296,300
2018 $15,017 $515,500 $219,200 $296,300
2017 $14,671 $515,500 $219,200 $296,300
2016 $14,408 $515,500 $219,200 $296,300
2015 $14,042 $515,500 $219,200 $296,300
2014 $13,851 $515,500 $219,200 $296,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    AMY ZACONIE

    ELITE REALTORS OF NEW JERSEY

  • S

    Buyer's Agent in 2017

    SUE LIN

    GARDEN HOME REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3366402

Garden State MLS

APN: 29-00459-0000-00059

New Jersey Morris County Parsippany 07054

54 Stephen Terrace, Parsippany, NJ

This home is located at 54 Stephen Terrace, Parsippany, NJ 07054 since 23 February 2017 and is currently estimated at $995,232, approximately $281 per square foot. This property was built in 1978. 54 Stephen Terrace is a home located in Morris County with nearby schools including Northvail Elementary School, Central Middle School, and Parsippany High School.

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