NOT LISTED FOR SALE

41 Lorraine Rd Madison, NJ 07940

Estimated Value: $867,000 - $966,861

3 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold October 01, 2019

Last sale price $540,000

Est. 72% increase in value since last sale

Current estimated payment $5,950/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Corner Lot
  • Central Avenue School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2019

PRICED TO SELL!! 3BR 2B Colonial on a quarter acre. Formal LR w/fireplace opens to dining room. Large family room with plenty of natural sunlight. Full baths on 1st and 2nd floors. Eat in kitchen leads out to large deck and patio. Second floor offers 3 large bedrooms and a beautiful updated full bath. Unfinished basement waiting to be finished by new buyer. Close to train, schools, and parks.

Last Agent to Sell the Property

JANET CALVERT

KL SOTHEBY'S INT'L. REALTY Listed on: 08/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,939

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Central Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 2317-00708-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,939

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 41
  • Directions: Main St to Central Ave. Make a right onto Lorraine Road
  • I D: 4921354
  • Modified: 2021-09-23
  • Number Images: 16
  • First Name: JANET
  • First Name3: UNKNOWN
  • Last Name: CALVERT
  • Last Name3: AGENT
  • Office Phone: 973-377-7785
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Refrigerator, Dishwasher, Water Softener-Rnt, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 19x11
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Pantry, Dining Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-377-7785

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Privacy Fence, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s), Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Central
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 0.259 AC
  • Assessed Improvement Value: 199900
  • Assessed Land Value: 317000
  • Assessment: 516900
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.26

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: 9939
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-00708-0000-00002-0000-
  • Tax Rate Amount: 1.923
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 30, 2019
Sold by
Mccarter Harriet S
Bought by
Vilas Courtney
Seller's Agent
JANET CALVERT
KL SOTHEBY'S INT'L. REALTY
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$930,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,715
Avg. Annual Appreciation
9.65%
Original Mortgage
$405,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2015
Sold by
Mccarter Robert D and Mccarter Harriet S
Bought by
Mccarter Harriet S

Purchase Details

Closed on
Apr 22, 2015
Sold by
Mccarter Harriet S and Mccarter Robert D
Bought by
Mccarter Harriet S
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
Vilas Courtney $540,000 All Jersey Title Llc
Mccarter Harriet S -- --
Mccarter Harriet S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vilas Courtney $467,650
Previous Owner Vilas Courtney $405,000
Previous Owner Mccarter Robert D $100,000
Previous Owner Mccarter Harriet S $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $540,000 -1.8% --
09/02/2019 09/02/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $550,000 -- --
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 $11,010 $516,900 $317,000 $199,900
2024 $10,643 $516,900 $317,000 $199,900
2023 $10,643 $516,900 $317,000 $199,900
2022 $10,472 $516,900 $317,000 $199,900
2021 $10,472 $516,900 $317,000 $199,900
2020 $10,364 $516,900 $317,000 $199,900
2019 $10,198 $516,900 $317,000 $199,900
2018 $9,940 $516,900 $317,000 $199,900
2017 $9,862 $516,900 $317,000 $199,900
2016 $9,692 $516,900 $317,000 $199,900
2015 $9,511 $516,900 $317,000 $199,900
2014 $9,190 $516,900 $317,000 $199,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JANET CALVERT

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3579225

Garden State MLS

APN: 17-00708-0000-00002

New Jersey Morris County Madison 07940

41 Lorraine Rd, Madison, NJ

This home is located at 41 Lorraine Rd, Madison, NJ 07940 since 08 August 2019 and is currently estimated at $930,715. This property was built in 1947. 41 Lorraine Rd is a home located in Morris County with nearby schools including Central Avenue School, Madison Junior School, and Madison High School.

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