NOT LISTED FOR SALE

Estimated Value: $1,105,000 - $1,346,000

5 Beds
3.5 Baths
4,070 Sq Ft
$300/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $780,000 $192 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,955/month

204 Days on Market

Highlights

  • Health Club
  • Medical Services
  • Property is near golf course, public transit, and shops
  • Golf Course Community
  • Colonial Architecture
  • Attic

About This Home

As of November 2018

As you approach the circular drive you know this custom built home is not the ordinary. The stonework is stunning. The lush lawn and many specimen plantings surround the property. The front entrance awaits with extra wide field stone steps and pillars. The two story entry boasts a gleaming granite floor. Your family and friends will love the huge eat in kitchen with French doors leading out to a beautiful circular stone patio perfect for entertaining. Great family room with vaulted ceiling and huge field stone fireplace. Formal dining and living room with French doors - office or 4th bedroom complete the first floor. 9 ft ceilings, custom mill work, stunning marble master bath. In-law-au pair apartment with separate entrance. This home is set way back off the road and has a very private setting.

Last Agent to Sell the Property

Lyn Marchellos

William Raveis Real Estate License #RES.0762402 Listed on: 03/29/2018

William Raveis Real Estate

Last Buyer's Agent

Kimberly Tapscott

Keller Williams Prestige Prop. License #REB.0795341

Keller Williams Prestige Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,034

Year Built

  • Built in 1996

Lot Details

  • 0.99 Acre Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Central Vacuum
  • 1 Fireplace
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Cranbury Elementary School
  • West Rocks Middle School
  • Norwalk High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Separate Entry Quarters
  • Property is near golf course, public transit, and shops

Listing and Financial Details

  • Exclusions: Generator

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Public Transportation

Recreation

  • Golf Course Community
  • Health Club
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,034

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Neighborhood: Cranbury
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3020
  • Public Record Living Room Sq Ft: 3020
  • Sq Ft Est Heated Below Grade: 1050
  • Total Sq Ft: 4070
  • Year Built: 1996
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • In Law Access: Separate Entry
  • Association Amenities: Golf Course, Health Club, Medical Facilities, Park, Playground/Tot Lot
  • In Law Apartment: Yes
  • Exclusions: Generator
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5264
  • Directions: Rt 7 To West Rocks- Left Bayne- Right East Rocks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Partially Finished, Interior Access, Garage Access, Walk-out, Liveable Space
  • Interior Amenities: Central Vacuum, Security System
  • Appliances: Cook Top, Wall Oven, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Lighting, Patio, Porch, Shed, Underground Sprinkler
  • Exterior Siding: Stone, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2
  • Driveway Type: Paved, Gravel

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.9900
  • Lot Description: Dry, Level Lot, Fence - Stone, Professionally Landscaped
  • Flood Zone: No
  • Zoning: RES

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 15034
  • Assessor Parcel Number: 242788

MLS Schools

  • Elementary School: CRANBURY
  • Middle Jr High School: WEST ROCKS
  • High School: NORWALK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Nov 9, 2018
Sold by
Bennett Louise
Bought by
Gaddy Kimberly
Seller's Agent
Lyn Marchellos
William Raveis Real Estate
Buyer's Agent
Kimberly Tapscott
Keller Williams Prestige Prop.
List Price
$875,000
Sold Price
$780,000
Premium/Discount to List
-$95,000
-10.86%
Current Estimated Value
$1,220,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,039
Avg. Annual Appreciation
6.45%
Original Mortgage
$550,000
Outstanding Balance
$482,626
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$737,413

Purchase Details

Closed on
Sep 5, 2012
Sold by
Iacono Ludovico
Bought by
Iacono Louise

Purchase Details

Closed on
Feb 28, 1994
Sold by
Flynn Edward and Flynn Frances
Bought by
Iacone Ludovico and Iacone Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaddy Kimberly $780,000 --
Gaddy Kimberly $780,000 --
Iacono Louise -- --
Iacono Louise -- --
Iacone Ludovico $90,000 --
Iacone Ludovico $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iacone Ludovico $550,000
Closed Iacone Ludovico $550,000
Previous Owner Iacone Ludovico $172,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $780,000 -4.9% $192 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
08/23/2018 08/23/18 Price Changed $820,000 -3.5% $201 / Sq Ft
05/08/2018 05/08/18 Price Changed $849,999 +0.1% $209 / Sq Ft
05/07/2018 05/07/18 Price Changed $849,000 -3.0% $209 / Sq Ft
03/29/2018 03/29/18 For Sale $875,000 -- $215 / Sq Ft
Source: SmartMLS

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 $19,653 $827,830 $241,500 $586,330
2024 $19,351 $827,830 $241,500 $586,330
2023 $14,041 $562,390 $182,880 $379,510
2022 $13,820 $562,390 $182,880 $379,510
2021 $11,760 $562,390 $182,880 $379,510
2020 $13,276 $562,390 $182,880 $379,510
2019 $12,821 $562,390 $182,880 $379,510
2018 $15,723 $606,350 $197,110 $409,240
2017 $14,135 $606,350 $197,110 $409,240
2016 $15,426 $606,350 $197,110 $409,240
2015 $13,855 $606,350 $197,110 $409,240
2014 $15,183 $606,350 $197,110 $409,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170066223

SmartMLS

APN: NORW-000005-000026-000164