NOT LISTED FOR SALE

12 Loantaka Way Madison, NJ 07940

Estimated Value: $1,230,000 - $1,398,000

4 Beds
3.5 Baths
2,716 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $812,500 $299 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,041/month

133 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Den
  • Torey J. Sabatini School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2020

Madison was named Best Town to live in 2019 by NJ Monthly. Location Location, Location. This stunning home is ideally located, across from walking trail and serene setting, walking distance to train & downtown. Every inch is new & beautifully renovated with high end finishes throughout. Fully renovated home has open floor plan with 4 bedrooms, 3.1 baths, gourmet kitchen with stainless steel appliances, & center island with Quartz countertops. Master Suite boasts a walk-in closet and ensuite marble master bath with a separate stall shower. Fully finished lower level & all new 2-car garage wit vaulted ceiling. Home luxury features include hardwood floors, new Pella windows, smart home technology, gas fireplace, & new wood deck. New electric, new plumbing, 2 zones of heating & cooling, totally level backyard.

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 12/06/2019

Co-Listed By

AMY KOTEL

WEICHERT REALTORS

Last Buyer's Agent

Elizabeth Rutland

KL SOTHEBY'S INT'L. REALTY

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,986

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • 2,716 Sq Ft Home
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Schools

  • Torey J. Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-03101-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,986

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 2019
  • Street Number Display: 12
  • Directions: Madison to Loantaka Way
  • I D: 4949491
  • Modified: 2021-09-23
  • Number Images: 20
  • First Name: ARLENE GORMAN
  • First Name2: AMY
  • First Name3: ELIZABETH
  • First Name4: ELIZABETH
  • Last Name: GONNELLA
  • Last Name2: KOTEL
  • Last Name3: RUTLAND
  • Last Name4: HURLEY
  • Office Phone: 973-376-4545
  • Office Phone2: 917-902-5242
  • Office Phone3: 201-424-7360
  • Office Phone4: 908-516-4790
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Blinds
  • Number Rooms: 12
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Family Room, Laundry Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: Basement
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Pantry
  • Kitchen Dim: 10x16
  • Kitchen Level: First
  • Living Room Dim: 14x25
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Level: Third
  • Other Room 2: Vestibul
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Level: Second
  • Level 1 Rooms: Den, Dining Room, Entrance Vestibule, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Estimated Sq Ft: 2716
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Open Porch(es), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Torey J.
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 80X150
  • Assessed Improvement Value: 212800
  • Assessed Land Value: 344000
  • Assessment: 556800
  • Lot Description: Level Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10986
  • Assessor Parcel Number: 2317-03101-0000-00005-0000-
  • Tax Rate Amount: 1.973
  • Tax Rate Year: 2019
  • Tax Year: 2019

MLS Schools

  • Grade School: Torey J.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
May 20, 2020
Sold by
Archytas Partners Llc
Bought by
Joh Blake and Maruschak Deanna
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
Elizabeth Rutland
KL SOTHEBY'S INT'L. REALTY
List Price
$879,000
Sold Price
$812,500
Premium/Discount to List
-$66,500
-7.57%
Current Estimated Value
$1,323,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,280
Avg. Annual Appreciation
4.31%
Original Mortgage
$712,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 2, 2018
Sold by
Drew University
Bought by
Archytas Partners Llc
Seller's Agent
JENNIFER NIELSEN
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
JASON KROCHALIS
KL SOTHEBY'S INT'L. REALTY
List Price
$585,000
Sold Price
$626,000
Premium/Discount to List
$41,000
7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%
Source: Public Records

Range of Values:

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Average Value
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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
Joh Blake $812,500 Realsafe Title Llc
Archytas Partners Llc $626,000 Acres Land Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joh Blake $712,500
Previous Owner Archytas Partners Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $812,500 -7.6% $299 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $879,000 +40.4% $324 / Sq Ft
07/02/2018 07/02/18 Sold $626,000 +7.0% --
05/11/2018 05/11/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $585,000 -- --
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 $11,860 $556,800 $344,000 $212,800
2024 $11,465 $556,800 $344,000 $212,800
2023 $11,465 $556,800 $344,000 $212,800
2022 $11,281 $556,800 $344,000 $212,800
2021 $11,281 $556,800 $344,000 $212,800
2020 $11,164 $556,800 $344,000 $212,800
2019 $10,986 $556,800 $344,000 $212,800
2018 $10,707 $556,800 $344,000 $212,800
2017 $10,624 $556,800 $344,000 $212,800
2016 $10,440 $556,800 $344,000 $212,800
2015 $10,245 $556,800 $344,000 $212,800
2014 $9,900 $556,800 $344,000 $212,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3604876

Garden State MLS

APN: 17-03101-0000-00005