NOT LISTED FOR SALE

223 Sagamore Rd Millburn, NJ 07041

Estimated Value: $1,937,000 - $2,881,000

8 Beds
6 Baths
6,408 Sq Ft
$374/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $1,333,000 $208 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $15,210/month

598 Days on Market

Highlights

  • Greenhouse
  • In Ground Pool
  • Dining Room with Fireplace
  • Wyoming Elementary School Rated A+
  • Colonial Architecture
  • Wood Flooring

About This Home

As of January 2017

Magnificent historical estate. A stunning example of the Neo-Federal style architecture of the late 1800s. Known in its day as "The Knoll," this elegant home boasts 8 bdrms, 4 full & 2 half bths. First floor features grand entrance foyer, banquet sized dinging room, gorgeous front-to-back living room, mahogany wood paneled library with built-in bookcases, 3 fireplaces & sun-filled porch. Second floor includes 6 bdrms, 3 full & 1 half bth, 2 fireplaces & graceful sitting room with French doors leading to Juliet balcony. Third floor features a large family room, 2 additional bdrms, full bth & large storage room. Spacious wrap-around terrace overlooks pool & lower patio.10-foot ceilings, deep crown molding, original patterned wood & parquet floors with decorative inlays throughout.

Last Agent to Sell the Property

SUSAN PENNEY PARSELLS

PROMINENT PROPERTIES SIR Listed on: 04/28/2015

Last Buyer's Agent

SUSAN PENNEY PARSELLS

PROMINENT PROPERTIES SIR Listed on: 04/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,913

Year Built

  • Built in 1898

Lot Details

  • 0.72 Acre Lot
  • Corner Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Inside Entrance

Home Design

  • Colonial Architecture
  • Slate Roof
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • High Ceiling
  • Shades
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library with Fireplace
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Patio
  • Greenhouse

Schools

  • Wyoming Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 1612-00301-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,913

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1898
  • Year Built Description: Historical
  • County Name: Essex
  • Exclusions: Library, LR & DR chandeliers; sconces
  • Street Number Display: 223
  • Directions: Millburn Avenue to Wyoming Avenue to Sagamore Road. Corner of Sagamore and Farview. Driveway is on Farview.
  • I D: 4530060
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Wyoming
  • First Name: SUSAN
  • First Name3: SUSAN
  • Last Name: PENNEY PARSELLS
  • Last Name3: PENNEY PARSELLS
  • Office Phone: 973-376-8818
  • Office Phone3: 973-376-8818
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Dining Room, Library, Living Room
  • Number of Fireplaces: 5
  • Appliances: OvnWElec, CookElec, Refrigerator, Washer, Dishwasher, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Cedar Closets, Walk-In Closet, Fire Alarm Sys, Security System, Shades, Window Treatments, High Ceilings, Smoke Detector
  • Number Rooms: 18
  • Bedrooms: 8
  • 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 And Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Basement Level Rooms: Inside Entrance, Storage Room, Toilet, Outside Entrance, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 19x22
  • Kitchen Level: First
  • Living Room Dim: 34x21
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 18x17
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 14x13
  • Other Room2 Level: Second
  • Other Room 3: Bedroom
  • Other Room3 Dim: 15x10
  • Other Room3 Level: Third
  • Other Room 4: Bedroom
  • Other Room4 Dim: 17x10
  • Other Room4 Level: Third
  • Level 1 Rooms: Breakfast Room, Kitchen, Powder Room, Florida/3Season, Laundry Room, Foyer, Den, Library, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, Powder Room, 4 Or More Bedrooms, Foyer, Bath Main
  • Level 3 Rooms: Bath(s) Other, 2 Bedrooms, Family Room, Storage Room
  • Ground Level Rooms: Greenhouse
  • Phone: 973-376-5200

Exterior Features

  • Exterior Description: Stone, Clapboard
  • Exterior Features: Barbeque, Greenhouse Type Room, Patio, Curbs
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

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

Lot Info

  • Lot Size: IRREG .7219 AC
  • Assessed Improvement Value: 898600
  • Assessed Land Value: 454200
  • Assessment: 1352800
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.72

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25913
  • Assessor Parcel Number: 1612-00301-0000-00006-0000-
  • Tax Rate Amount: 2.016
  • Tax Rate Tax: *
  • Tax Rate Year: 2014
  • Tax Year Tax: *
  • Tax Year: 2014

MLS Schools

  • Grade School: WYOMING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jan 5, 2017
Sold by
Lanzoni Phoebe Krey and Lanzoni Margaret
Bought by
Shan Huiyuan and Yang Lihua
Seller's Agent
SUSAN PENNEY PARSELLS
PROMINENT PROPERTIES SIR
Buyer's Agent
SUSAN PENNEY PARSELLS
PROMINENT PROPERTIES SIR
List Price
$2,000,000
Sold Price
$1,333,000
Premium/Discount to List
-$667,000
-33.35%
Current Estimated Value
$2,397,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,305
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,060,000
Interest Rate
4.08%
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
Shan Huiyuan $33,000 Nrt Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shan Huiyuan $376,500
Closed Shan Huiyuan $376,500
Open Shan Huiyuan $999,750
Closed Shan Huiyuan $1,060,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $1,333,000 -33.4% $208 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
04/28/2015 04/28/15 For Sale $2,000,000 -- $312 / 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 $26,073 $1,333,000 $550,200 $782,800
2024 $26,073 $1,333,000 $550,200 $782,800
2022 $25,900 $1,333,000 $550,200 $782,800
2021 $25,834 $1,333,000 $550,200 $782,800
2020 $25,674 $1,333,000 $550,200 $782,800
2019 $25,727 $1,333,000 $550,200 $782,800
2018 $25,981 $1,366,000 $550,200 $815,800
2017 $25,353 $1,366,000 $550,200 $815,800
2016 $29,139 $1,352,800 $454,200 $898,600
2015 $28,226 $1,352,800 $454,200 $898,600
2014 $27,022 $1,352,800 $454,200 $898,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    SUSAN PENNEY PARSELLS

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3217539

Garden State MLS

APN: 12-00301-0000-00006

New Jersey Essex County Millburn 07041

223 Sagamore Rd, Millburn, NJ

This home is located at 223 Sagamore Rd, Millburn, NJ 07041 since 28 April 2015 and is currently estimated at $2,397,305, approximately $374 per square foot. This property was built in 1898. 223 Sagamore Rd is a home located in Essex County with nearby schools including Wyoming Elementary School, Millburn Middle School, and Millburn High School.

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