$541,000
SOLD DEC 6, 2024

581 Allentown Rd Parsippany, NJ 07054

3 Beds
2 Baths
1,404 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$385 Per Sq Ft

4% Above List Price

13 Days on Market

About This Home

As of December 2024

Welcome to 581 Allentown, a radiant updated split-level home nestled in the highly sought after lake community of Parsippany. Upon entry, you are greeted by a luminous living and dining room combo, drenched in natural lighting. Further back, a brand-new kitchen awaits, showcasing sleek countertops, modern appliances, and abundant cabinetry and dedicated space that invites you to craft homemade meals. Above a 6-step flight of stairs, bedrooms are well kept with beautiful original hardwood floors. Venture downstairs to discover a transformed garage, now home gym, providing the perfect environment for your fitness journey. If you WFH, you'll appreciate the dedicated workspace tailored for professional content creators ideal for video production or remote work! Step outside onto the expansive deck, an exciting setting for barbecues and cozy fall-time s'mores around the grill. Say farewell to clutter with the oversized shed keeping your home organized and tidy.Convenient 40m NY commute

Last Agent to Sell the Property

Kimberly Barreto

Addison Real Estate Listed on: 10/22/2024

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,867

Year Built

  • 1957

Lot Details

  • 6,011 Sq Ft Lot
  • Corner Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Crawl Space
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00015 / 00252

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,867

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: None
  • Co List Office Phone: 862-251-4915
  • MLS Status: Sold - Sold
  • Directions: Follow I-80 W to Cherry Hill Rd in Parsippany-Troy Hills. Take exit 42A-42B from I-80 W. Take US-202 S/Littleton Rd and Beachwood Rd to Allentown Rd
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Aluminum Siding

Utilities

  • Cooling: None
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 6011.0

Tax Info

  • Tax Annual Amount: 7867.0
  • Tax Block: 00252
  • Tax Lot: 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Dec 3, 2024
Sold by
Lucena William and Canon Vilma
Bought by
Keshav1 Realty Llc
Seller's Agent
Kimberly Barreto
Addison Real Estate
Buyer's Agent
Outside Agent
Outside Office
List Price
$520,000
Sold Price
$541,000
Premium/Discount to List
$21,000
4.04%
Total Days on Market
13
Views
57
Current Estimated Value
$544,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,576
Avg. Annual Appreciation
1.28%
Original Mortgage
$811,500
Outstanding Balance
$808,714
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$264,138

Purchase Details

Closed on
Jul 3, 2000
Sold by
Delgrosso Karen Lawrence
Bought by
Lucena William and Canon Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
8.55%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $541,000 Trident Abstract Title
Bargain Sale Deed $154,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $811,500 New Conventional
Previous Owner $123,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $541,000 +4.0% $385 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $520,000 -- $370 / Sq Ft
Source: New Jersey 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 $7,867 $231,600 $130,500 $101,100
2023 $7,867 $231,600 $130,500 $101,100
2022 $7,339 $231,600 $130,500 $101,100
2021 $7,339 $231,600 $130,500 $101,100
2020 $7,166 $231,600 $130,500 $101,100
2019 $6,973 $231,600 $130,500 $101,100
2018 $6,821 $231,600 $130,500 $101,100
2017 $6,668 $231,600 $130,500 $101,100
2016 $6,552 $231,600 $130,500 $101,100
2015 $6,378 $231,600 $130,500 $101,100
2014 $6,295 $231,600 $130,500 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24034227

New Jersey MLS

APN: 29-00252-0000-00015