See Home Value
Morris
603 Lake Shore Drive
$512,486*
House - Off Market

603 Lake Shore Drive

Parsippany-Troy Hills Twp., NJ 07054
bedrooms
2 Beds
bathrooms
1 Bath
$315,000 - $383,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Jul 07, 2022
$401,600
Sold Oct 18, 2019
$332,000
$322,934 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2049

About This Property

Location, location, location. This charming ranch is located in heart of the lake community, just a short walk to the water. It features an eat-in kitchen, two generous-sized bedrooms, a dining room that can be easily converted back to third bedroom, and one bathroom. The basement is completely finished with the Owens Cornings system, a high-end product that is mold and mildew resistant. You can stay cool in the summer with central A/C or enjoy a evening on the deck, which is located off the kitchen and overlooks the large, fenced-in backyard. The home also has newer siding, widows and roof. You also can enjoy all the amenities Lake Parsippany has to offer, including boating, fishing and swimming, with an optional membership to the lake.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold to Jose Marcatoma $401,600
Sold to Jose Marcatoma
Oct 18, 2019 No longer available -
No longer available
Oct 18, 2019 Sold to Gloria M Brown, Robert R Brown $332,000
Sold to Gloria M Brown, Robert R Brown
Aug 19, 2019 Listed $349,900
Listed
Sep 16, 1999 Sold to Barbara A Mcclain, James J ... $167,500
Sold to Barbara A Mcclain, James J ...

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 700
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 666 39

Ownership

  • Current Owner : MARCATOMA JOSE
  • Previous Owner : BROWN ROBERT R
  • Previous Owner 2: BROWN GLORIA M
  • Owner Before Previous Owner: MCCLAIN JAMES J
  • Owner Before Previous Owner 2: MCCLAIN BARBARA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041802

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 123
  • Account Number: 10500060
  • District: 29
  • Parcel: 29 00331-0000-00012
  • Block: 331
  • Lot: 12
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8509
  • Longitude: -74.4412

    Address

  • Full Address: 603 Lake Shore Dr
  • Address - House Number: 603
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Parsippany
  • Carrier Code: C031
  • 4-Digit Zip Code: 3667
  • Zip Code: 07054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,188

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 433,981
  • High Value: 508,564
  • Low Value: 359,398

    Market Valuation

  • Market Total Value: $275,808
  • Market Land Value: $174,531
  • Market Improvement Value: $101,277

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,600
  • Assessed Land Value: $133,900
  • Assessed Improvements Value: $77,700

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Transaction ID: 11891839225
  • Current Sale Price: $401,600
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 46458
  • Previous Sale Recording Date: Oct 18, 2019
  • Previous Sale Contract Date: Oct 01, 2019
  • Previous Sale Amount: $332,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PANORAMA MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Jul 07, 2022
  • First Mortgage Loan Amount: $394,326
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Oct 18, 2019
  • Previous Mortgage Loan Amount: $322,934
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$299,900 Nov 30, -0001
$300,000 Jun 10, 2022
-
In Contract
House
2 Beds
2 Baths
-
$325,000 Feb 28, 2024
-
-

About Morris


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Frequently Asked Questions

When was property at 603 Lake Shore Drive built and last sold?
The property at 603 Lake Shore Drive was built in 1960 and last sold on May 23, 2022 for $401,600.
How much is this home worth?
The estimated value of the home located at 603 Lake Shore Drive is $353,399.
What are some comparable homes to 603 Lake Shore Drive?
There are currently no comparable homes to 603 Lake Shore Drive.

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