NOT LISTED FOR SALE

74 Ludlow Rd Parsippany, NJ 07054

Estimated Value: $407,000 - $514,000

3 Beds
2 Baths
1,092 Sq Ft
$442/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $402,000 $368 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,283/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Lake Parsippany Elementary School Rated A
  • Formal Dining Room
  • Living Room

About This Home

As of July 2022

Would you love to live by the lake? This 3 bedroom with 2 full baths Colonial located in Lake Parsippany is for you! First floor offers a cozy living room, dining area, an updated eat-in kitchen and full updated bathroom. The kitchen has a good amount of cabinets and counter space. Stainless steel refrigerator and range. The second floor features the primary bedroom with two additional bedrooms and full updated bath. Stay cool with central air. Basement with TONS of storage and Laundry. Great backyard with patio for entertaining. Plenty of off street parking and within walking distance to Lake Parsippany. Short ride into downtown Morristown with restaurants, shops & theatre. Low Parsippany Taxes and Sought after Parsippany School System. Annual Lake Fee is required $195. You'll love the convenient location of this property - close to shopping and major highways and public transportation. NYC Midtown Direct train from Morris Plains & Morristown station. Park & Ride located on Rt. 46 Parsippany. Come see this one for yourself!

Last Agent to Sell the Property

Elizabeth Harper

KELLER WILLIAMS PROSPERITY REALTY Listed on: 06/06/2022

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

CANDY BLANGA

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2329-00301-0000-00012-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,194

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 74
  • Directions: Parsippany Road to Allentown Road to Left on Ludlow
  • I D: 5156150
  • Modified: 2023-07-21
  • Number Images: 26
  • Section Subdiv Development: Lake Parsippany
  • First Name: ELIZABETH
  • First Name3: CANDY
  • Last Name: HARPER
  • Last Name3: BLANGA
  • Office Phone: 973-539-1120
  • Office Phone3: 973-610-0048
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x8
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, Dining Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size: .092 AC
  • Assessed Improvement Value: 77200
  • Assessed Land Value: 123000
  • Assessment: 200200
  • Easement: Unknown
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6194
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00301-0000-00012-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.169
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: LKParspny

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 14, 2022
Sold by
King and Teru
Bought by
Saxena Charu
Seller's Agent
Elizabeth Harper
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
CANDY BLANGA
COLDWELL BANKER REALTY
List Price
$409,000
Sold Price
$402,000
Premium/Discount to List
-$7,000
-1.71%
Total Days on Market
11
Current Estimated Value
$482,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,161
Avg. Annual Appreciation
6.47%
Original Mortgage
$388,583
Outstanding Balance
$374,268
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$107,893

Purchase Details

Closed on
May 17, 2017
Sold by
King Teru
Bought by
King Dawn

Purchase Details

Closed on
Jun 23, 2005
Sold by
Arias Juan
Bought by
King Teru and King Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2004
Sold by
Butler Rosemarie
Bought by
Arias Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
5.89%

Purchase Details

Closed on
May 24, 1996
Sold by
Cassidy Rosemary and Butler Rosemarie
Bought by
Butler Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
11.5%
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 Buyer Sale Price Title Company
Saxena Charu $402,000 None Listed On Document
King Dawn -- None Available
King Teru $335,000 --
Arias Juan $278,000 --
Butler Rosemarie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxena Charu $388,583
Previous Owner King Teru $248,440
Previous Owner King Teru $33,000
Previous Owner King Teru $268,000
Previous Owner Arias Juan $222,400
Previous Owner Butler Rosemarie $135,000
Previous Owner Butler Rosemarie $7,500
Previous Owner Butler Rosemarie $100,000
Previous Owner Butler Rosemarie $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $402,000 -1.7% $368 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $409,000 -- $375 / 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 $7,069 $208,100 $123,000 $85,100
2023 $7,069 $208,100 $123,000 $85,100
2022 $6,344 $200,200 $123,000 $77,200
2021 $6,344 $200,200 $123,000 $77,200
2020 $6,194 $200,200 $123,000 $77,200
2019 $6,028 $200,200 $123,000 $77,200
2018 $5,896 $200,200 $123,000 $77,200
2017 $5,764 $200,200 $123,000 $77,200
2016 $5,664 $200,200 $123,000 $77,200
2015 $5,514 $200,200 $123,000 $77,200
2014 $5,441 $200,200 $123,000 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3787017

Garden State MLS

APN: 29-00301-0000-00012