NOT LISTED FOR SALE

38 Cherry Tree Terrace Kinnelon, NJ 07405

Estimated Value: $1,385,879 - $1,547,000

5 Beds
4.5 Baths
-- Sq Ft
1.44 Acres

Last Sold December 17, 2021

Last sale price $1,225,000

Est. 21% increase in value since last sale

Current estimated payment $11,081/month

76 Days on Market

Highlights

  • Home Theater
  • Custom Home
  • Clubhouse
  • Stonybrook School Rated A-
  • Lake Privileges
  • Maid or Guest Quarters

About This Home

As of December 2021

Open floor plan throughout, cathedral ceilings, cherry cabinets, wood floors, bluestone patio, professionally manicured lawn and grounds, 2000+ bottle wine cellar with climate control system, movie theater, coffered ceilings in living room, wet bar, side to side refrigerator and freezer, 2 ovens, induction cooktop, toto toilets, gaming room in loft area, tiled exercised area in lower level.

Last Agent to Sell the Property

Catalina Maione

COLDWELL BANKER REALTY Listed on: 08/12/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Jacqueline Byram

REALTY EXECUTIVES EXCEPTIONAL

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,121

Year Built

  • Built in 2012

Lot Details

  • 1.44 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Loft
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Patio

Schools

  • Kiel Elementary School
  • Pearlmillr Middle School
  • Kinnelon High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2315-11206-0000-00101-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,121

Year Built

Built in 2012

Lot Details

0

HOA Fees

$309 per month

Parking

3

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 2012
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 38
  • Directions: Smoke Rise Development. 38 Cherry Tree TERRACE
  • I D: 5095855
  • Modified: 2022-12-18
  • Number Images: 24
  • Section Subdiv Development: Smoke Rise
  • First Name: CATALINA
  • First Name3: JACQUELINE F
  • Last Name: MAIONE
  • Last Name3: BYRAM
  • Office Phone: 908-879-4900
  • Office Phone3: 973-768-4898
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Bedroom 1, Family Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookIndu, Dishwasher, Dryer, Microwave Oven, Refrigerator, Self Cleaning Oven, Washer, WineRefr
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Cathedral Ceiling, High Ceilings, Smoke Detector, Walk-In Closet
  • Number Rooms: 21
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Jetted Tub, Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 35x14
  • Kitchen Level: First
  • Living Room Dim: 12x7
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 13x12
  • Other Room1 Level: First
  • Other Room 2: Leisure Room
  • Other Room2 Dim: 25x19
  • Other Room2 Level: Second
  • Other Room 3: Game Room
  • Other Room3 Dim: 31x22
  • Other Room3 Level: Second
  • Other Room 4: Leisure Room
  • Other Room4 Dim: 22x23
  • Other Room4 Level: Second
  • Level 1 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Pantry, Powder Room
  • Level 2 Rooms: GameRoom, Great Room, Leisure, Loft, Maid Quarters, RecRoom, Workshop
  • Ground Level Rooms: Exercise Room, Leisure, Media Room, SeeRem, Storage Room, Utility Room, Workshop
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Barbeque, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Finished Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 3
  • Number Parking Spaces: 10
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 4 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: All Underground
  • Water: Well

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Lake Privileges, Playground, Tennis Courts
  • Association Maintenance Fee: 3705
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Kiel
  • Middle School: Pearlmillr
  • High School: Kinnelon
  • High School: Kinnelon
  • Middle Jr High School: Pearlmillr

Lot Info

  • Lot Size: 1.44 AC
  • Assessed Improvement Value: 820800
  • Assessed Land Value: 241600
  • Assessment: 1062400
  • Lot Description: Backs to Park Land, Cul-De-Sac
  • Lot Identifier: 101
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.44
  • Zoning: Residential

Rental Info

  • Application Fee: 6250
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 28121
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2315-11206-0000-00101-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.647
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Kiel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 30, 2021
Sold by
Capozzi and Mariana
Bought by
Galkin Vadim and Galkin Anna
Seller's Agent
Catalina Maione
COLDWELL BANKER REALTY
Buyer's Agent
Jacqueline Byram
REALTY EXECUTIVES EXCEPTIONAL
List Price
$1,399,000
Sold Price
$1,225,000
Premium/Discount to List
-$174,000
-12.44%
Current Estimated Value
$1,482,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,720
Avg. Annual Appreciation
5.65%
Original Mortgage
$550,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2014
Closed on
Sep 24, 2014
Sold by
Chrzanowski Jerzy and Chrzanowski George
Bought by
Capozzi Edward and Capozzi Mariana
Seller's Agent
JODI MONRO
TERRIE O'CONNOR REALTORS
Buyer's Agent
Catalina Maione
COLDWELL BANKER REALTY
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$599,400
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2003
Sold by
Weinman Linda
Bought by
Chrzanowski Jerzy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,125
Interest Rate
6.31%
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
Galkin Vadim $1,225,000 Reliant Title Agency
Capozzi Edward $999,000 Alta
Chrzanowski Jerzy $342,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galkin Vadim $550,000
Previous Owner Capozzi Edward $599,400
Previous Owner Chrzanowski Jerzy $46,125
Previous Owner Moeser Patricia $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $1,225,000 -2.0% --
10/27/2021 10/27/21 Pending -- -- --
10/05/2021 10/05/21 Price Changed $1,250,000 -10.7% --
08/12/2021 08/12/21 For Sale $1,399,000 +40.0% --
09/24/2014 09/24/14 Sold $999,000 -- --
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
2024 $30,140 $1,062,400 $241,600 $820,800
2023 $30,140 $1,062,400 $241,600 $820,800
2022 $28,653 $1,062,400 $241,600 $820,800
2021 $28,653 $1,062,400 $241,600 $820,800
2020 $28,122 $1,062,400 $241,600 $820,800
2019 $27,474 $1,062,400 $241,600 $820,800
2018 $26,911 $1,062,400 $241,600 $820,800
2017 $26,454 $1,062,400 $241,600 $820,800
2016 $25,039 $770,200 $201,600 $568,600
2015 $24,046 $770,200 $201,600 $568,600
2014 $23,637 $770,200 $201,600 $568,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3734081

Garden State MLS

APN: 15-11206-0000-00101