NOT LISTED FOR SALE

15 Lee Terrace Short Hills, NJ 07078

Estimated Value: $4,609,733 - $5,021,000

7 Beds
6.5 Baths
8,140 Sq Ft
$593/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $3,188,000 $392 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $30,872/month

35 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Dining Room with Fireplace
  • Hartshorn Elementary School Rated A+
  • Colonial Architecture
  • Recreation Room

About This Home

As of August 2020

Stately center hall residence on nearly 2/3 of an acre with a private and spacious level backyard and expansive stone patio ideally located in the desirable Hartshorn section. Don't miss this rare opportunity! Custom built by its current owners in 2010, the quality shows throughout. Large, bright and open floor plan with impressive two-story family room perfectly positioned next to the gourmet kitchen with white custom cabinetry, quartz counters and top-of-the-line appliances. A first floor in-law suite, paneled first floor library, five second floor en-suite bedrooms including an impressive master suite with sitting room, generous custom walk-in closet and luxurious master bath offer space for all while the flexible lower level includes a recreation room, game room, media room and bedroom with full bath.

Last Agent to Sell the Property

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC Listed on: 06/09/2020

SERHANT NEW JERSEY LLC

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,462

Year Built

  • Built in 2010

Lot Details

  • 0.64 Acre Lot
  • Privacy Fence
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • 8,140 Sq Ft Home
  • Wet Bar
  • Sound System
  • Dry Bar
  • High Ceiling
  • Thermal Windows
  • Shades
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Library with Fireplace
  • Recreation Room
  • Game Room
  • Storage Room
  • Utility Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Hartshorn Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-03802-0000-00024-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,462

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2010
  • Year Built Description: Approximate
  • County Name: Essex
  • Easements Description: Sewer
  • Exclusions: See Listing Agent
  • Renovated Year: 2020
  • Street Number Display: 15
  • Directions: Hartshorn Drive to Robert Drive to Lee Terrace.
  • I D: 4987782
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: HARTSHORN
  • First Name: ANTHONY J
  • First Name3: ARLENE GORMAN
  • Last Name: VERDUCCI JR
  • Last Name3: GONNELLA
  • Office Phone3: 973-376-4545
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Dining Room, Family Room, Library
  • Number of Fireplaces: 3
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer, WineRefr
  • Interior Amenities: Bar-Dry, Bar-Wet, Blinds, Carbon Monoxide Detector, Fire Alarm Sys, High Ceilings, Security System, Shades, Stereo System, Walk-In Closet
  • Number Rooms: 18
  • Bedrooms: 7
  • Master Bedroom Desc: Dressing Room, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower, Steam
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, GameRoom, Media Room, MudRoom, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 36x16
  • Kitchen Level: First
  • Living Room Dim: 18x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 18x12
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 15x14
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 40x25
  • Other Room3 Level: Basement
  • Other Room 4: Media Room
  • Other Room4 Dim: 18x16
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Library, Living Room, MudRoom, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room, SittngRm
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 8140
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Clapboard, Stone
  • Exterior Features: Patio, Privacy Fence, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: IRREG .6427AC
  • Assessed Improvement Value: 2094800
  • Assessed Land Value: 830700
  • Assessment: 2925500
  • Easement: Yes
  • Lot Description: Open Lot, Wooded Lot
  • Lot Identifier: 24
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.64
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 56462
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-03802-0000-00024-0000-
  • 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: HARTSHORN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 6, 2020
Sold by
Wang James and Zhang Cheng
Bought by
O'Reilly Steven James and O'Reilly Kaisy Mae
Seller's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$3,288,000
Sold Price
$3,188,000
Premium/Discount to List
-$100,000
-3.04%
Current Estimated Value
$4,827,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639,933
Avg. Annual Appreciation
8.57%
Original Mortgage
$2,550,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2008
Sold by
Qualter John J and Qualter Sally
Bought by
Wang James and Zhang Cheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,210,300
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
O'Reilly Steven James $3,188,000 Fidelity National Title
Wang James $1,729,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner O'Reilly Steven James $2,550,400
Previous Owner Wang James J $800,000
Previous Owner Wang James $1,100,000
Previous Owner Wang James $1,210,300
Previous Owner Qualter John J $302,400
Previous Owner Qualter John J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $3,188,000 -3.0% $392 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $3,288,000 -- $404 / 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 $57,223 $2,925,500 $830,700 $2,094,800
2024 $57,223 $2,925,500 $830,700 $2,094,800
2022 $56,842 $2,925,500 $830,700 $2,094,800
2021 $56,696 $2,925,500 $830,700 $2,094,800
2020 $56,345 $2,925,500 $830,700 $2,094,800
2019 $56,462 $2,925,500 $830,700 $2,094,800
2018 $55,643 $2,925,500 $830,700 $2,094,800
2017 $54,297 $2,925,500 $830,700 $2,094,800
2016 $50,520 $2,345,400 $514,300 $1,831,100
2015 $49,371 $2,345,400 $514,300 $1,831,100
2014 $47,283 $2,345,400 $514,300 $1,831,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3638861

Garden State MLS

APN: 12-03802-0000-00024