NOT LISTED FOR SALE

25 Sherwood Ave Madison, NJ 07940

Estimated Value: $981,945 - $1,174,000

3 Beds
1.5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold June 10, 2022

Last sale price $825,000

Est. 29% increase in value since last sale

Current estimated payment $6,517/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Central Avenue School Rated A-
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of June 2022

Welcome home to this beautiful three bedroom colonial located in the highly desirable Knollwood neighborhood! This move-in-ready house boasts charming curb appeal and a newly renovated kitchen complete with gorgeous quartz countertops, subway tiling, and new stainless steel appliances. The living and dining rooms flow seamlessly, featuring hardwood floors throughout, crown molding, and tons of natural lighting. Enjoy the working wood burning fireplace, perfect for relaxing or entertaining! Upstairs you will be greeted with a custom reading nook and a built-in bookcase, as well as three bedrooms with lots of closet space. The finished basement is the perfect spot for a WFH office, flex space, or gym. Relax on the new patio and enjoy the private yard. The prime location is close to the NYC train, downtown Madison, restaurants, top-rated schools, parks, community pool, and so much more!

Last Agent to Sell the Property

Jill Biggs

COLDWELL BANKER REALTY Listed on: 04/07/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

JENNIFER RABE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,067

Year Built

  • Built in 1948

Lot Details

  • 6,098

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Additional Features

  • Patio
  • 6,098 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2317-00905-0000-00002-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,067

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: All personal possessions.
  • Directions: Right on Knollwood Ave, left on Sherwood Ave.
  • I D: 5141242
  • First Name: JILL K.
  • First Name3: JENNIFER
  • Last Name: BIGGS
  • Last Name3: RABE
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main

Exterior Features

  • Exterior Description: Brick, CedarSid
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Available
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 0.1435 AC
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10067
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00905-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.026
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 6, 2022
Sold by
James Fuchs Douglas and James Elise Lauren
Bought by
Schaffer Corey John and Spada Samantha Leigh
Seller's Agent
Jill Biggs
COLDWELL BANKER REALTY
Buyer's Agent
JENNIFER RABE
WEICHERT REALTORS
List Price
$800,000
Sold Price
$825,000
Premium/Discount to List
$25,000
3.12%
Current Estimated Value
$1,064,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,236
Avg. Annual Appreciation
7.66%
Original Mortgage
$660,000
Outstanding Balance
$626,136
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$438,100

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 3, 2020
Sold by
Pratt Robert and Crawley Mary Lea
Bought by
Fuchs Douglas James and Fuchs Lauren Elise
Seller's Agent
Amy Spelker
COLDWELL BANKER REALTY
Buyer's Agent
Amy Spelker
COLDWELL BANKER REALTY
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$603,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2000
Sold by
Harlin Christopher J and Harlin Karen E
Bought by
Pratt Robert and Crawley Mary Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1996
Sold by
Skowronski Judith and Skern Pete J
Bought by
Harlin Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schaffer Corey John $825,000 Clear Skies Title
Fuchs Douglas James $635,000 Westcor Land Title
Pratt Robert $330,000 --
Harlin Christopher J $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Corey John $660,000
Previous Owner Fuchs Douglas James $603,250
Previous Owner Pratt Robert $250,000
Previous Owner Harlin Christopher J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $825,000 +3.1% --
04/15/2022 04/15/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $800,000 +26.0% --
09/09/2020 09/09/20 Sold $635,000 -2.2% -- View Prior Sale
08/01/2020 08/01/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $649,000 -- --
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 $10,893 $511,400 $321,600 $189,800
2024 $10,530 $511,400 $321,600 $189,800
2023 $10,530 $511,400 $321,600 $189,800
2022 $10,173 $502,100 $321,600 $180,500
2021 $10,173 $502,100 $321,600 $180,500
2020 $10,067 $502,100 $321,600 $180,500
2019 $9,906 $502,100 $321,600 $180,500
2018 $9,655 $502,100 $321,600 $180,500
2017 $9,580 $502,100 $321,600 $180,500
2016 $9,414 $502,100 $321,600 $180,500
2015 $9,239 $502,100 $321,600 $180,500
2014 $8,927 $502,100 $321,600 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3774052

Garden State MLS

APN: 17-00905-0000-00002