NOT LISTED FOR SALE

17 Knollwood Ave Madison, NJ 07940

Estimated Value: $1,765,107 - $2,282,000

5 Beds
5 Baths
2,391 Sq Ft
$833/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $1,336,000 $559 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $12,527/month

9 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Cathedral Ceiling
  • Central Avenue School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of April 2016

Stately and Impressive 1920's Colonial is nestled on .39 acres of professionally landscaped property in a lovely residential neighborhood of Madison. TThis stunning home has been renovated in 2002, creating a truly 21st century environment with classic charm and style. With a new gourmet kitchen, radiant-heated master bath, luxurious master bedrooms suite, 3-car garage, covered porch and lower patio with covered hot tub in the private level yard, this elegant 5-bedroom, 3.2 bath home is conveniently located near everything one could need in downtown Madison ready to enjoy a sophisticated contemporary lifestyle.

Last Agent to Sell the Property

BERNADETTE MCDONOUGH

WEICHERT REALTORS Listed on: 02/03/2016

Last Buyer's Agent

DIANE MCEVOY FOX

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,245

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Composition Shingle
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Spa
  • Patio
  • Porch

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2317-00907-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,245

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1929
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Exclusions: See Agent
  • Renovated Year: 2002
  • Street Number Display: 17
  • Directions: Main street to Greenwood to Knollwood
  • I D: 4596633
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Knollwood
  • First Name: BERNADETTE
  • First Name3: DIANE MCEVOY
  • Last Name: MCDONOUGH
  • Last Name3: FOX
  • Office Phone3: 973-377-4460
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Gas Fireplace, Dining Room
  • Number of Fireplaces: 1
  • Appliances: OvnWElec, Refrigerator, CookGas, Hot Tub, Dishwasher, Disposal, Dryer
  • Interior Amenities: Cathedral Ceiling, Skylight, Walk-In Closet
  • Number Rooms: 13
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Powder Room, Utility Room, Rec Room, Family Room, Office
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 15x25
  • Kitchen Level: First
  • Living Room Dim: 14x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 18x14
  • Other Room1 Level: Second
  • Other Room 2: Foyer
  • Other Room2 Dim: 10x6
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 14x30
  • Other Room3 Level: Basement
  • Other Room 4: Game Room
  • Other Room4 Dim: 18x14
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Living Room, Family Room, Kitchen, Porch, Dining Room, Powder Room
  • Level 2 Rooms: Living Room, Bath Main, 4 Or More Bedrooms, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Wood Shingle, Composition Shingle
  • Exterior Features: Open Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, 4 Units, Radiant - Electric
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.385 AC
  • Assessed Improvement Value: 647200
  • Assessed Land Value: 344400
  • Assessment: 991600
  • Lot Description: Level Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.39
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18245
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00907-0000-00005-0000-
  • Tax Rate Amount: 1.840
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
May 10, 2016
Sold by
Frederick G Hammitt
Bought by
Sullivan Brian and Sullivan Kelly
Seller's Agent
BERNADETTE MCDONOUGH
WEICHERT REALTORS
Buyer's Agent
DIANE MCEVOY FOX
WEICHERT REALTORS
List Price
$1,299,000
Sold Price
$1,336,000
Premium/Discount to List
$37,000
2.85%
Current Estimated Value
$1,991,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,527
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,040,000
Outstanding Balance
$828,802
Interest Rate
3.61%
Estimated Equity
$1,162,725

Purchase Details

Closed on
Aug 12, 1999
Sold by
Hammitt Christine K
Bought by
Hammitt Christine K

Purchase Details

Closed on
Jun 22, 1995
Sold by
Hammitt Christine K
Bought by
Hammitt Christine K
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
Sullivan Brian -- --
Hammitt Christine K -- --
Hammitt Christine K $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Brian $1,040,000
Closed Sullivan Brian --
Previous Owner Hammitt Frederick G $377,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $1,336,000 +2.8% $559 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $1,299,000 -- $543 / 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 $21,121 $991,600 $344,400 $647,200
2024 $20,417 $991,600 $344,400 $647,200
2023 $20,417 $991,600 $344,400 $647,200
2022 $20,090 $991,600 $344,400 $647,200
2021 $20,090 $991,600 $344,400 $647,200
2020 $19,882 $991,600 $344,400 $647,200
2019 $19,564 $991,600 $344,400 $647,200
2018 $19,068 $991,600 $344,400 $647,200
2017 $18,920 $991,600 $344,400 $647,200
2016 $18,593 $991,600 $344,400 $647,200
2015 $18,245 $991,600 $344,400 $647,200
2014 $17,631 $991,600 $344,400 $647,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3279465

Garden State MLS

APN: 17-00907-0000-00005