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305 Raymound Boulevard

305 Raymound Boulevard, Parsippany, NJ 07054
Property in Morris
Sold Jun 04, 2020
$555,000
$499,500 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2050
Sold Jun 19, 2006
$150,000
305 Raymound Boulevard in Parsippany, NJ was first built in 2006 and is 18 years old. This has been categorized as a residential property type. 305 Raymound Boulevard has 1,892 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 250 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 3,920 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 305 Raymound Boulevard sold most recently in May 15, 2020 for a total of $555,000. If you work out the math, that's approximately a cost of $293.34 per sqft. Before that, the property was also sold for $150,000 in Jun 1, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,701 in taxes each year. 305 Raymound Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $349,600. If we break it down further, the land itself was valued at $130,900. Improvements to the property, however, were assessed at a total of $218,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAJENDRAN RANJAN
  • Current Owner 2: RAMACHANDRAN JAYALAKSHMI
  • Previous Owner : MAZDA AT PARSIPPANY LLC
  • Owner Before Previous Owner: MAZDABROOK DEVELOPERS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041803

Zoning

  • Zoning: PRD2

Geography

  • Assessors Map Reference: TAX MAP 258
  • Account Number: 05805045
  • District: 29
  • Parcel: 29 00734-0000-00115
  • Block: 734
  • Lot: 115
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8577
  • Longitude: -74.3993

    Address

  • Full Address: 305 Raymound Blvd
  • Address - House Number: 305
  • Address - Street Name: Raymound
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Parsippany
  • Carrier Code: C008
  • 4-Digit Zip Code: 3452
  • Zip Code: 07054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,701

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 676,396
  • High Value: 790,440
  • Low Value: 562,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $499,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Loan Amount: $499,500
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $455,683
  • Market Land Value: $170,620
  • Market Improvement Value: $285,063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,600
  • Assessed Land Value: $130,900
  • Assessed Improvements Value: $218,700

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11768690066
  • Current Sale Price: $555,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020034395
  • Previous Sale Recording Date: Jun 19, 2006
  • Previous Sale Contract Date: Jun 01, 2006
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 04, 2020
  • First Mortgage Loan Amount: $499,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Morris



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Frequently Asked Questions

What neighborhood is 305 Raymound Boulevard located in?
The 305 Raymound Boulevard is a located in the neighborhood of Morris in Morris, Parsippany.
What is the average sales price for listings in 305 Raymound Boulevard?
The average sales price for units in 305 Raymound Boulevard is $0 currently.

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