NOT LISTED FOR SALE

38 Sherwood Rd Short Hills, NJ 07078

Estimated Value: $2,272,925 - $2,500,000

5 Beds
5 Baths
3,562 Sq Ft
$672/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $1,350,000 $379 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $15,092/month

72 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Attic
  • Hartshorn Elementary School Rated A+
  • Tudor Architecture
  • Sun or Florida Room

About This Home

As of September 2016

Handsome Tudor w/stunning architectural details, leaded stained glass windows, bay window seat, beautiful landscaping. Grand staircase w/2 story window, large great room w/FP and sun room or office was all rebuilt. Elegant DR w/built-ins, kit has door to private yard, separate breakfast area + small BR & bath on 1st level. 4 BR's & 2 baths on 2nd floor, Master BR is very spacious with walk-in closet +2 more closets, huge attic storage runs the width of the house. Walk out lower level rec room with fireplace and big windows, lots of storage, utilities. Newer furnace, air conditioning, electric & lots of restoration work done to foundation w/complete drainage water proofing and hardscape work in front and back. Very private in back with new driveway, patio and room for swings in the grass.

Last Agent to Sell the Property

KAREN E. BIGOS

COMPASS NEW JERSEY, LLC Listed on: 04/06/2016

Co-Listed By

DANIEL CANNIZZO

CHRISTIE'S INT. REAL ESTATE GROUP

Last Buyer's Agent

MARGARET M. MORREALE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,288

Year Built

  • Built in 1926

Lot Details

  • 0.38 Acre Lot
  • Sprinkler System
  • Property is zoned R-5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Stone Siding

Interior Spaces

  • Sound System
  • Wood Burning Fireplace
  • Drapes & Rods
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Kitchen

  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Hartshorn Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Water Tap or Transfer Fee
  • Gas Water Heater

Community Details

  • Billiard Room
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 1612-01504-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,288

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1926
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: all planters, workbench, washer/dryer is negotiable
  • Street Number Display: 38
  • Directions: Hobart to Hillside to Sherwood or OSR RD to Nottingham. Entry to Sherwood at the intersection of Nottingham and Sherwood with flagpole in front
  • I D: 4612125
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Old SH Nottingham
  • First Name: KAREN E.
  • First Name2: DANIEL
  • First Name3: MARGARET M.
  • Last Name: BIGOS
  • Last Name2: CANNIZZO
  • Last Name3: MORREALE
  • Office Phone: 973-376-8300
  • Office Phone2: 248483
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Rec Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, OvnWElec, CookElec, Dishwasher, Disposal
  • Interior Amenities: Drapes, Walk-In Closet, Security System, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Stereo System, Smoke Detector
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, 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
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Walkout, Finished
  • Basement Level Rooms: Storage Room, Rec Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Galley Type, Separate Dining Area
  • Kitchen Dim: 30x9
  • Kitchen Level: First
  • Living Room Dim: 29x21
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 11x7
  • Other Room1 Level: Second
  • Other Room 2: Sunroom
  • Other Room2 Dim: 11x17
  • Other Room2 Level: First
  • Other Room 3: Bedroom
  • Other Room3 Dim: 9x9
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 25x20
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Kitchen, Powder Room, Laundry Room, Sunroom, Foyer, Dining Room, Living Room, Entrance Vestibule
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main, SittngRm
  • Level 3 Rooms: Attic
  • Phone: 973-376-8300

Exterior Features

  • Exterior Description: Stone, Brick, Stucco
  • Exterior Features: Open Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Slate, Imitation Slate

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, Storage

Schools

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

Lot Info

  • Lot Size: 139X 100X 70 X 160
  • Assessed Improvement Value: 955600
  • Assessed Land Value: 578300
  • Assessment: 1533900
  • Easement: Unknown
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Total Acres: 0.38
  • Zoning: R-5

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 32288
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-01504-0000-00008-0000-
  • Tax Rate Amount: 2.105
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: HARTSHORN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Sep 12, 2016
Sold by
Melendes Monica and Christopher Melendes R
Bought by
Katz Jordan and Zimmerman Aphrodite M
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Buyer's Agent
MARGARET M. MORREALE
WEICHERT REALTORS
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%
Total Days on Market
72
Current Estimated Value
$2,393,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,043,481
Avg. Annual Appreciation
5.38%
Original Mortgage
$1,000,000
Outstanding Balance
$821,294
Interest Rate
3.48%
Estimated Equity
$1,310,440

Purchase Details

Closed on
May 28, 2016
Sold by
Melendes Monica and Christopher Melendes R
Bought by
Melendes Monica

Purchase Details

Closed on
Nov 14, 2001
Sold by
Bailey J Hugh
Bought by
Melendes Melendes R and Melendes Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
6.61%
Source: Public Records

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Range of Values:

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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
Katz Jordan $1,350,000 Acres Land Title
Melendes Monica -- None Available
Melendes Melendes R $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Jordan $1,000,000
Previous Owner Melendes Melendes R $892,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $1,350,000 -10.0% $379 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $1,500,000 -- $421 / 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
2024 $28,675 $1,466,000 $823,500 $642,500
2022 $28,484 $1,466,000 $823,500 $642,500
2021 $28,411 $1,466,000 $823,500 $642,500
2020 $28,235 $1,466,000 $823,500 $642,500
2019 $26,518 $1,374,000 $823,500 $550,500
2018 $26,133 $1,374,000 $823,500 $550,500
2017 $25,501 $1,374,000 $823,500 $550,500
2016 $33,040 $1,533,900 $578,300 $955,600
2015 $32,289 $1,533,900 $578,300 $955,600
2014 $30,923 $1,533,900 $578,300 $955,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3295688

Garden State MLS

APN: 12-01504-0000-00008