$1,620,000
SOLD NOV 28, 2022

17 Cross Gates Rd Madison, NJ 07940

5 Beds
4.5 Baths
4,186 Sq Ft
0.42 Acres

Recently Sold

$387 Per Sq Ft

1% Above List Price

18 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • 0.42 Acre Lot
  • Kings Road School Rated A
  • Custom Home
  • Deck

About This Home

As of November 2022

Welcome to this beautiful, spacious colonial located in the prestigious Hill Section. The huge newly renovated great room, which opens to a large deck is an entertainer's dream featuring a wood-burning fireplace, wood floors, a wet bar, a game area for a pool table, pinball, card tables, a media area, and a wine closet. Enjoy the sauna after a night of hosting! A large formal dining room, with wood detailing, offers great space for those special sit-down meals. The formal living room with a wood-burning fireplace is a great space for cozier gatherings. Guests can enjoy the private en suite/first-floor primary bedroom complete with a full bath and walk-in closet. The den with a fireplace and built-ins is one of a few great office spaces this home offers. The kitchen, which needs updating, offers a breakfast room and is open to a contemporary family room that leads to the deck and backyard. The second level offers a primary suite with a spectacular walk-in custom closet, two additional closets, and a full bath. Two other bedrooms with a jack-n- jill bathroom round out the second floor. The large fully finished basement offers a rec room, an exercise room, another full bath, and a fifth bedroom. The grounds are beautiful and stately. A picturesque white fence encloses the property.

Last Agent to Sell the Property

Deirdre Coleman

TURPIN REAL ESTATE, INC. Brokerage Phone: 973-464-8159 Listed on: 09/16/2022

Co-Listed By

Nancy R Cook

TURPIN REAL ESTATE, INC. Brokerage Phone: 973-464-8159

Last Buyer's Agent

Lana Taradash

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,312

Year Built

  • Built in 1941

Lot Details

  • 0.42 Acre Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Wood Shingle Roof
  • Stone Siding
  • Tile

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Utility Room
  • Sauna
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Kingsroad Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-04003-0000-00002-0000-
  • Tax Block *

Community Details

Amenities

  • Billiard Room

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,312

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1941
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: Draperies with curtain rods, TV's
  • Renovated Year: 2022
  • Street Number Display: 17
  • Directions: Woodland to Cross Gates
  • I D: 5178429
  • Modified: 2023-11-29
  • Number Images: 29
  • Section Subdiv Development: Hill Section
  • First Name: DEIRDRE
  • First Name2: NANCY R
  • First Name3: LANA
  • Last Name: COLEMAN
  • Last Name2: COOK
  • Last Name3: TARADASH
  • Office Phone: 973-635-5555
  • Attribution Contact: 973-464-8159
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Great Room, Library, Living Room
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Sauna, Skylight, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 16
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Soaking Tub, Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Laundry Room, Rec Room, Utility Room, Walkout
  • 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, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 16x20
  • Kitchen Level: First
  • Living Room Dim: 14x23
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 23x38
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 12x14
  • Other Room2 Level: First
  • Other Room 3: Exercise Room
  • Other Room3 Dim: 19x22
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Dim: 22x26
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Den, Dining Room, Family Room, Foyer, Great Room, Kitchen, Living Room, Office, Powder Room, Sauna
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-635-5555

Exterior Features

  • Exterior Description: Stone, Wood Shingle
  • Exterior Features: Deck, Patio, Underground Lawn Sprinkler, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 4 Units, Ceiling Fan, Central Air, Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, Exercise Room, Sauna

Schools

  • Elementary School: KingsRoad
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 117X170
  • Assessed Improvement Value: 636000
  • Assessed Land Value: 564000
  • Assessment: 1200000
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.42
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 24312
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-04003-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.026
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: KingsRoad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 22, 2022
Sold by
Igilante Daniel P and Igilante Kenia
Bought by
Maru Shynish and Sahayam Soumya
Seller's Agent
Deirdre Coleman
TURPIN REAL ESTATE, INC.
Buyer's Agent
Lana Taradash
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$1,599,000
Sold Price
$1,620,000
Premium/Discount to List
$21,000
1.31%
Views
12
Current Estimated Value
$2,148,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,226
Avg. Annual Appreciation
10.20%
Original Mortgage
$1,296,000
Outstanding Balance
$1,248,105
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$849,527

Purchase Details

Listed on
Sep 28, 2015
Closed on
Jun 2, 2016
Sold by
Matsuda Masao and Matsuda Elaine G
Bought by
Vigilante Daniel P and Clase Vigilante Kenia
Seller's Agent
ANN SHEARMAN
WEICHERT REALTORS
Buyer's Agent
CHRISTOPHER CLINTON
COLDWELL BANKER REALTY
List Price
$1,425,000
Sold Price
$1,400,000
Premium/Discount to List
-$25,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$999,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2004
Sold by
Perriman Steven
Bought by
Matsuda Masao and Matsuda Eliane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
6.33%

Purchase Details

Closed on
Jun 15, 1996
Sold by
Rutan Edwin Palmer and Rutan Carolyn Peck
Bought by
Perriman Steven R and Perriman Wendy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
4.37%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,620,000 Chicago Title
Deed $1,390,000 Fortune Title Agency
Deed $1,750,000 --
Deed $615,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,296,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $250,000 Stand Alone Second
Previous Owner $948,000 New Conventional
Previous Owner $999,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,312,500 No Value Available
Previous Owner $200,000 Credit Line Revolving
Previous Owner $492,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $1,620,000 +1.3% $387 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $1,599,000 +14.2% $382 / Sq Ft
06/07/2016 06/07/16 Sold $1,400,000 -1.8% $334 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $1,425,000 -- $340 / 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
2024 $24,708 $1,200,000 $564,000 $636,000
2023 $24,708 $1,200,000 $564,000 $636,000
2022 $24,312 $1,200,000 $564,000 $636,000
2021 $24,312 $1,200,000 $564,000 $636,000
2020 $24,060 $1,200,000 $564,000 $636,000
2019 $26,462 $1,341,200 $564,000 $777,200
2018 $26,235 $1,364,300 $564,000 $800,300
2017 $26,031 $1,364,300 $564,000 $800,300
2016 $25,581 $1,364,300 $564,000 $800,300
2015 $25,103 $1,364,300 $564,000 $800,300
2014 $24,257 $1,364,300 $564,000 $800,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3807863

Garden State MLS

APN: 17-04003-0000-00002