NOT LISTED FOR SALE

23 Dorset Ln Short Hills, NJ 07078

Estimated Value: $3,564,000 - $4,209,000

6 Beds
7 Baths
7,042 Sq Ft
$562/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $2,550,000 $362 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $25,004/month

About This Home

As of August 2020

NEW CONSTRUCTION! Exquisite NEW bright & airy CH Colonial w/soaring 2-story open foyer fabulously located on a beautiful, level lot. Ideal floor plan,spacious rooms,lovely trim & finishes throughout; Formal LR&DR w/coffered ceilings&light-filled bay windows;FR w/fireplace;Stunning gourmet Kitchen w/crisp,white cabinetry,quartz counters,SS appliances(Subzero/Wolf),large island,walk-in pantry,French sliders to patio&large, inviting yard;Master Suite w/fireplace,tray ceiling,His&Hers closets, & spa-like Master Bath featuring double vanity,sleek freestanding soaking tub, & luxurious shower;All 2nd fl BR have EN-SUITE baths;Impressive finished lower level boasts high ceilings,huge Rec Rm,Exercise Rm,BR,bath;Close to school,park,&town pool;Home built w/attention to detail by local, established builder; Truly a gem!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 6, 2020
Sold by
Hillcrest Construction Llc
Bought by
Mujalovic Ilir
Seller's Agent
Donna Tallia
RE/MAX ACHIEVERS
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$2,599,000
Sold Price
$2,550,000
Premium/Discount to List
-$49,000
-1.89%
Current Estimated Value
$3,955,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,405,110
Avg. Annual Appreciation
7.59%
Original Mortgage
$1,000,000
Outstanding Balance
$904,833
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,723,365

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 28, 2020
Sold by
Stonington Properties Llc
Bought by
Hillcrest Construction Llc
Seller's Agent
Donna Tallia
RE/MAX ACHIEVERS
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$2,599,000
Sold Price
$2,550,000
Premium/Discount to List
-$49,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$904,833
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,723,365

Purchase Details

Closed on
Dec 26, 2012
Sold by
Thomas Charles T
Bought by
Charles Thomas Thomas Irrevocable Family
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mujalovic Ilir $2,550,000 Wfg National Title Ins Co
Hillcrest Construction Llc -- Wfg National Title Ins Co
Charles Thomas Thomas Irrevocable Family -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillcrest Construction Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $2,550,000 -1.9% $362 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $2,599,000 +181.0% $369 / Sq Ft
10/15/2018 10/15/18 Sold $925,000 -30.9% $264 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $1,339,000 -- $382 / Sq Ft

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 $48,180 $2,463,200 $824,700 $1,638,500
2022 $47,056 $2,421,800 $824,700 $1,597,100
2021 $46,934 $2,421,800 $824,700 $1,597,100
2020 $17,810 $924,700 $824,700 $100,000
2019 $15,917 $824,700 $824,700 $0
2018 $27,203 $1,443,400 $824,700 $618,700
2017 $26,540 $1,443,400 $824,700 $618,700
2016 $25,152 $1,179,300 $506,200 $673,100
2015 $24,574 $1,179,300 $506,200 $673,100
2014 $23,525 $1,179,300 $506,200 $673,100
Source: Public Records

Agents Affiliated with this Home

  • Donna Tallia

    Seller's Agent in 2020

    Donna Tallia

    RE/MAX

    (973) 699-7418

    5 in this area

    6 Total Sales

    Donna Tallia
    Section Image

  • M

    Buyer's Agent in 2020

    MICHELLE PAIS

    SIGNATURE REALTY NJ

  • P

    Seller's Agent in 2018

    PATRICIA O LISTER

    KELLER WILLIAMS REALTY

See All Agents

Map

New Jersey Essex County Short Hills 07078

23 Dorset Ln, Short Hills, NJ

This home is located at 23 Dorset Ln, Short Hills, NJ 07078 and is currently estimated at $3,955,110, approximately $561 per square foot. 23 Dorset Ln is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes