NOT LISTED FOR SALE

563 Lake Shore Dr Parsippany, NJ 07054

Estimated Value: $796,000 - $1,008,000

3 Beds
2 Baths
1,478 Sq Ft
$617/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $275,000 $186 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $6,068/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Wood Fence
  • Lake Parsippany Elementary School Rated A

About This Home

As of January 2020

This home was damaged in the hurricane. Home is being sold as is and smoke cert is responsibility of buyer. Total rehab or build your dream home. Great view of the lake. now is the time to pick your dream. 203 K, construction loan, or cash. home taken to the studs. Open concept with 2 bedrooms down stairs. Walls were opened and this is a perfect 203 k loan or new construction home.

Last Agent to Sell the Property

KATHRYN MASTERS

KELLER WILLIAMS METROPOLITAN Listed on: 11/30/2019

Last Buyer's Agent

Ellen Falk

KELLER WILLIAMS METROPOLITAN

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,482

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence

Home Design

  • Colonial Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Eat-In Kitchen
  • Standard Electricity
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2329-00327-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,482

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 563
  • Directions: Rt 202 to Halsey, Rt on Ludlow, Left on Lake Shore
  • I D: 4943865
  • Modified: 2021-09-23
  • Number Images: 4
  • Section Subdiv Development: Lake Parsippany
  • First Name: KATHRYN
  • First Name3: ELLEN
  • Last Name: MASTERS
  • Last Name3: FALK
  • Office Phone: 100593
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 16x12
  • Living Room Dim: 21x11
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: .162 AC
  • Assessed Improvement Value: 5800
  • Assessed Land Value: 146400
  • Assessment: 152200
  • Easement: Unknown
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4482
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00327-0000-00008-0000-
  • Tax Rate Amount: 2.883
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LKParspny

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Fitzsimmons Robert
Bought by
Patel Naimesh N and Patel Bijal N
Current Estimated Value
$912,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2019
Closed on
Jan 21, 2020
Sold by
Cecala Paul and Nazzaro Daniel
Bought by
Fitzsimmons Robert
Seller's Agent
KATHRYN MASTERS
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Ellen Falk
KELLER WILLIAMS METROPOLITAN
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.59%

Purchase Details

Closed on
Nov 22, 1995
Sold by
Marxen David M and Marxen Terri Lynn
Bought by
Cecala Paul
Source: Public Records

Range of Values:

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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
Patel Naimesh N $675,000 Prestige Title Agency Inc
Patel Naimesh N $675,000 Land Title
Fitzsimmons Robert $275,000 Stewart Title
Cecala Paul $173,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Naimesh N $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $275,000 -3.5% $186 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
11/30/2019 11/30/19 For Sale $285,000 -- $193 / 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 $14,777 $426,700 $146,400 $280,300
2024 $14,495 $426,700 $146,400 $280,300
2023 $14,495 $426,700 $146,400 $280,300
2022 $4,633 $426,700 $146,400 $280,300
2021 $4,633 $146,400 $146,400 $0
2020 $4,709 $152,200 $146,400 $5,800
2019 $4,583 $152,200 $146,400 $5,800
2018 $4,482 $152,200 $146,400 $5,800
2017 $4,382 $152,200 $146,400 $5,800
2016 $4,306 $152,200 $146,400 $5,800
2015 $4,192 $152,200 $146,400 $5,800
2014 $4,137 $152,200 $146,400 $5,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    KATHRYN MASTERS

    KELLER WILLIAMS METROPOLITAN

  • Ellen Falk

    Buyer's Agent in 2020

    Ellen Falk

    KELLER WILLIAMS METROPOLITAN

    (201) 572-8306

    3 in this area

    40 Total Sales

    Ellen Falk
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3603393

Garden State MLS

APN: 29-00327-0000-00008

New Jersey Morris County Parsippany 07054

563 Lake Shore Dr, Parsippany, NJ

This home is located at 563 Lake Shore Dr, Parsippany, NJ 07054 since 30 November 2019 and is currently estimated at $912,441, approximately $617 per square foot. This property was built in 1960. 563 Lake Shore Dr is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

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