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261 Parsells Lane

261 Parsells Lane, Closter, NJ 07624
Property in Bergen
Sold Dec 03, 2021
$800,000
$300,000 by Fairway Asset Corp
Mortgage Due Dec 01, 2051
261 Parsells Lane in Closter, NJ was first built in 1959 and is 65 years old. This has been categorized as a residential property type. It is a single story home. 261 Parsells Lane has 1,899 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 15,246 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 261 Parsells Lane was last sold in Oct 14, 2021 for $800,000. According to our calculations, that's $421.27 per sqft. Current property owners are expected to pay $15,794 in taxes per year. The property on 261 Parsells Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $749,700. To break that down further, the land itself was valued at $514,700. While improvements to the property were assessed at a total of $235,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,899
  • Building Area: 1,899
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,899
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KIM CHUNSOP
  • Current Owner 2: KIM RICHARD G
  • Previous Owner : KAFER MICHAEL
  • Previous Owner 2: KAFER JOAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Closter Borough School District
  • Census Tract: 007002

Zoning

  • Zoning: DISTRICTN

Geography

  • Account Number: 095200
  • District: 07
  • Parcel: 07 02304-0000-00014
  • Block: 2304
  • Lot: 14
  • Municipality: CLOSTER BORO
  • Latitude: 40.964
  • Longitude: -73.941

    Address

  • Full Address: 261 Parsells Ln
  • Address - House Number: 261
  • Address - Street Name: Parsells
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Closter
  • Carrier Code: C003
  • 4-Digit Zip Code: 2932
  • Zip Code: 07624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,794

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 953,299
  • High Value: 1,141,200
  • Low Value: 765,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: FAIRWAY ASSET CORP
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $749,700
  • Market Land Value: $514,700
  • Market Improvement Value: $235,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $749,700
  • Assessed Land Value: $514,700
  • Assessed Improvements Value: $235,000

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11876036524
  • Current Sale Price: $800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021176253

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY ASSET CORP
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Closter



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Frequently Asked Questions

What neighborhood is 261 Parsells Lane located in?
The 261 Parsells Lane is a located in the neighborhood of Bergen in Closter, Closter.
What is the average sales price for listings in 261 Parsells Lane?
The average sales price for units in 261 Parsells Lane is $0 currently.

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