NOT LISTED FOR SALE

12 The Crescent Short Hills, NJ 07078

Estimated Value: $2,788,818 - $3,139,000

6 Beds
4.5 Baths
4,412 Sq Ft
$679/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $1,641,398 $372 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $18,546/month

8 Days on Market

Highlights

  • Custom Home
  • 4-minute walk to Short Hills
  • Deck
  • Glenwood Elementary School Rated A+
  • Atrium Room
  • 3-minute walk to Crescent Park

About This Home

As of April 2020

Timeless Luxury just 0.1 miles from the Midtown Direct Train and directly across The Racquets Club! Known as "Sunset Cottage", this home is located in the prestigious Old Short Hills Park District. Sitting on almost 1 acre of park like property and designed by the well-known firm Lamb & Rich New York Architects no stone was left unturned. Featured in numerous publications, it is known as one of the finest representations of Shingle Style homes of its era. Combining remarkable architecture with contemporary amenities this stately home includes a first floor laundry room, lower level guest suite and recreation room, plenty of storage, multi-zone heating/cooling, and so much more. With the elegant formal spaces as well as several bedrooms and office spaces, this home exudes class and comfort.

Last Agent to Sell the Property

RYAN MCGURL

PROMINENT PROPERTIES SIR Listed on: 02/19/2020

Co-Listed By

NANCI ECHEVERRI

PROMINENT PROPERTIES SIR

Last Buyer's Agent

JO ELLEN RACIOPPO

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,410

Year Built

  • Built in 1882 | Remodeled

Lot Details

  • 0.84 Acre Lot
  • Fenced
  • Level Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Additional Parking

Home Design

  • Custom Home
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Dry Bar
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Atrium Room
  • Storage Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

  • Glenwood Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 1612-01603-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,410

Year Built

Built in 1882 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1882
  • Year Built Description: Historical, Renovated
  • County Name: Essex
  • Renovated Year: 2000
  • Street Number Display: 12
  • Directions: Station Plaza or Highland Ave to The Crescent
  • I D: 4964184
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Old Short Hills Park
  • First Name: RYAN
  • First Name2: NANCI
  • First Name3: JO ELLEN
  • Last Name: MCGURL
  • Last Name2: ECHEVERRI
  • Last Name3: RACIOPPO
  • Office Phone3: 973-467-6610
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Microwave Oven, Sump Pump, OvnWElec, Washer, Water Softener-Own
  • Interior Amenities: Bar-Dry, Beam Ceilings, Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Walk-In Closet
  • Number Rooms: 13
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 23x13
  • Kitchen Level: First
  • Living Room Dim: 25x19
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 11x10
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 22x10
  • Other Room2 Level: Basement
  • Other Room 3: Exercise Room
  • Other Room3 Dim: 19x11
  • Other Room3 Level: Basement
  • Other Room 4: Bedroom
  • Other Room4 Dim: 12x10
  • Other Room4 Level: Basement
  • Level 1 Rooms: Den, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, MudRoom, Pantry, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Office
  • Level 3 Rooms: Atrium
  • Phone: 908-654-6666

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck, Metal Fence, Open Porch(es), Storage Shed, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Multi-Zone, Radiators - Hot Water, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Storage

Schools

  • Elementary School: GLENWOOD
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 222XIRR .845 AC
  • Assessed Improvement Value: 1135200
  • Assessed Land Value: 855000
  • Assessment: 1990200
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.84

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 38410
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-01603-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.930
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: GLENWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Apr 28, 2020
Sold by
Drake Simon D
Bought by
Olesnycky Andrew and Olesnycky Christina
Seller's Agent
RYAN MCGURL
PROMINENT PROPERTIES SIR
Buyer's Agent
JO ELLEN RACIOPPO
WEICHERT REALTORS
List Price
$1,599,000
Sold Price
$1,641,398
Premium/Discount to List
$42,398
2.65%
Current Estimated Value
$2,993,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,352,541
Avg. Annual Appreciation
11.70%
Original Mortgage
$1,000,000
Outstanding Balance
$889,441
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,104,498

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jun 20, 2013
Sold by
Cohen Jeffrey
Bought by
Drake Simon D
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Sold Price
$1,790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%

Purchase Details

Closed on
Jun 16, 2007
Sold by
Cohen Jeffrey H and Cohen Michelle A
Bought by
Cohen Jeffrey H

Purchase Details

Closed on
Dec 15, 1997
Sold by
Guyett Gregory
Bought by
Cohen Jeffrey and Cohen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$874,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1994
Sold by
Goodridge Malcolm
Bought by
Guyett Gregory and Guyett Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
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
Olesnycky Andrew $1,641,398 Acres Land Title Agency Inc
Drake Simon D $1,790,000 --
Drake Simon D $1,790,000 --
Cohen Jeffrey H -- None Available
Cohen Jeffrey $1,165,000 --
Guyett Gregory $887,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olesnycky Andrew $1,000,000
Previous Owner Cohen Jeffrey $874,000
Previous Owner Guyett Gregory $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $1,641,398 +2.7% $372 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $1,599,000 -10.7% $362 / Sq Ft
06/28/2013 06/28/13 Sold $1,790,000 -- $406 / 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
2025 $32,078 $1,640,000 $855,000 $785,000
2024 $32,078 $1,640,000 $855,000 $785,000
2022 $31,865 $1,640,000 $855,000 $785,000
2021 $38,570 $1,990,200 $855,000 $1,135,200
2020 $38,331 $1,990,200 $855,000 $1,135,200
2019 $38,411 $1,990,200 $855,000 $1,135,200
2018 $37,854 $1,990,200 $855,000 $1,135,200
2017 $36,938 $1,990,200 $855,000 $1,135,200
2016 $36,187 $1,680,000 $609,500 $1,070,500
2015 $40,928 $1,944,300 $609,500 $1,334,800
2014 $39,197 $1,944,300 $609,500 $1,334,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3617511

Garden State MLS

APN: 12-01603-0000-00006