NOT LISTED FOR SALE

41 West Ln Madison, NJ 07940

Estimated Value: $3,143,000 - $3,561,000

6 Beds
7 Baths
5,899 Sq Ft
$567/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $3,150,000 $534 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $21,783/month

142 Days on Market

About This Home

As of May 2024

This home is located at 41 West Ln, Madison, NJ 07940 since 25 October 2023 and is currently estimated at $3,345,413, approximately $567 per square foot. This property was built in 2005. 41 West Ln is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 10/25/2023

Last Buyer's Agent

Carrie Conte

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,075

Year Built

  • Built in 2005

Lot Details

  • 0.75 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,075

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Morris
  • Street Number Display: 41
  • I D: 5251981
  • Modified: 2025-05-07
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 6.20

Lot Info

  • Lot Size: .746 AC
  • Total Acres: 0.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Apr 22, 2024
Sold by
Siedem Peter M and Siedem Elliston H
Bought by
Donohoe Bryan and Pistone Allison
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
Carrie Conte
COLDWELL BANKER REALTY
List Price
$3,150,000
Sold Price
$3,150,000
Views
18
Current Estimated Value
$3,345,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,413
Avg. Annual Appreciation
4.70%
Original Mortgage
$2,362,500
Outstanding Balance
$2,328,802
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,016,611

Purchase Details

Closed on
Jun 14, 2012
Sold by
Siedem Peter M and Siedem Ellison H
Bought by
Siedem Peter M and Siedem Ellison H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Loantaka Way Associates
Bought by
Siedem Peter and Siedem Elliston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 15, 2004
Sold by
Gassmann Walter
Bought by
Mccann Stephen and Mccann Caroline
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Donohoe Bryan $3,150,000 Old Republic National Title
Siedem Peter M -- Sutton Land Title Agency
Siedem Peter $2,710,000 --
Loantaka Way Associates -- --
Mccann Stephen $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donohoe Bryan $2,362,500
Previous Owner Siedem Peter M $1,000,000
Previous Owner Siedem Peter M $700,000
Previous Owner Siedem Peter M $700,000
Previous Owner Loantaka Way Associates $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $3,150,000 0.0% $534 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
11/09/2023 11/09/23 Off Market $3,150,000 -- --
10/25/2023 10/25/23 For Sale $3,150,000 -- $534 / 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
2025 $43,075 $2,022,300 $646,500 $1,375,800
2024 $41,639 $2,022,300 $646,500 $1,375,800
2023 $41,639 $2,022,300 $646,500 $1,375,800
2022 $40,972 $2,022,300 $646,500 $1,375,800
2021 $40,972 $2,247,000 $646,500 $1,600,500
2020 $44,667 $2,227,800 $627,300 $1,600,500
2019 $43,954 $2,227,800 $627,300 $1,600,500
2018 $42,841 $2,227,800 $627,300 $1,600,500
2017 $42,506 $2,227,800 $627,300 $1,600,500
2016 $41,771 $2,227,800 $627,300 $1,600,500
2015 $49,141 $2,670,700 $627,300 $2,043,400
2014 $47,485 $2,670,700 $627,300 $2,043,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • Carrie Conte

    Buyer's Agent in 2024

    Carrie Conte

    COLDWELL BANKER REALTY

    (973) 462-2901

    5 in this area

    57 Total Sales

    Carrie Conte
    Section Image
  • JANE SCHELLING

    Buyer Co-Listing Agent in 2024

    JANE SCHELLING

    COLDWELL BANKER REALTY

    (862) 345-1147

    7 in this area

    91 Total Sales

    JANE SCHELLING
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3871508

Garden State MLS

APN: 17-04001-0000-00028

New Jersey Morris County Madison 07940

41 West Ln, Madison, NJ

This home is located at 41 West Ln, Madison, NJ 07940 since 25 October 2023 and is currently estimated at $3,345,413, approximately $567 per square foot. This property was built in 2005. 41 West Ln is a home located in Morris County with nearby schools including Kings Road School, Madison Junior School, and Madison High School.

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