NOT LISTED FOR SALE

7 Stephen Terrace Parsippany, NJ 07054

Estimated Value: $826,813 - $875,000

4 Beds
3 Baths
2,704 Sq Ft
$313/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $755,000 $279 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,606/month

31 Days on Market

About This Home

As of September 2023

This home is located at 7 Stephen Terrace, Parsippany, NJ 07054 since 11 July 2023 and is currently estimated at $845,453, approximately $312 per square foot. This property was built in 1964. 7 Stephen Terrace is a home located in Morris County with nearby schools including Northvail Elementary School, Central Middle School, and Parsippany High School.

Last Agent to Sell the Property

GLORIA LA FORGIA

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-984-1400 Listed on: 07/11/2023

Last Buyer's Agent

JEFFREY LEVINE

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,804

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,804

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • County Name: Morris
  • I D: 5232230
  • Attribution Contact: 973-984-1400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .344 AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Sep 11, 2023
Sold by
Cassidy Michael O
Bought by
Rana Mayur and Rana Vaibhavi
Seller's Agent
GLORIA LA FORGIA
WEICHERT REALTORS CORP HQ
Buyer's Agent
JEFFREY LEVINE
COLDWELL BANKER REALTY
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%
Views
99
Current Estimated Value
$845,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,453
Avg. Annual Appreciation
5.38%
Original Mortgage
$604,000
Outstanding Balance
$591,499
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$253,954

Purchase Details

Closed on
Jun 25, 1987
Bought by
Cassidy Michael O and Cassidy Nancy J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rana Mayur $755,000 None Listed On Document
Rana Mayur $755,000 None Listed On Document
Cassidy Michael O $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rana Mayur $604,000
Closed Rana Mayur $604,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $755,000 +0.7% $279 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/31/2023 07/31/23 Price Changed $749,900 -3.2% $277 / Sq Ft
07/11/2023 07/11/23 For Sale $775,000 -- $287 / 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 $13,804 $404,800 $218,200 $186,600
2024 $13,549 $404,800 $218,200 $186,600
2023 $13,549 $404,800 $218,200 $186,600
2022 $12,666 $404,800 $218,200 $186,600
2021 $12,666 $404,800 $218,200 $186,600
2020 $12,395 $404,800 $218,200 $186,600
2019 $12,059 $404,800 $218,200 $186,600
2018 $11,792 $404,800 $218,200 $186,600
2017 $11,521 $404,800 $218,200 $186,600
2016 $11,314 $404,800 $218,200 $186,600
2015 $11,027 $404,800 $218,200 $186,600
2014 $10,877 $404,800 $218,200 $186,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    GLORIA LA FORGIA

    WEICHERT REALTORS CORP HQ

  • J

    Buyer's Agent in 2023

    JEFFREY LEVINE

    COLDWELL BANKER REALTY

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Map

Source: Garden State MLS

MLS Number: 3853639

Garden State MLS

APN: 29-00461-0000-00014

New Jersey Morris County Parsippany 07054

7 Stephen Terrace, Parsippany, NJ

Not Listed for Sale

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