NOT LISTED FOR SALE

51 Sagamore Rd Millburn, NJ 07041

Estimated Value: $1,794,000 - $2,098,000

5 Beds
4.5 Baths
3,900 Sq Ft
$498/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $1,325,000 $340 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $12,183/month

14 Days on Market

Highlights

  • Custom Home
  • Skyline View
  • Recreation Room
  • Wyoming Elementary School Rated A+
  • 0.53 Acre Lot
  • Wooded Lot

About This Home

As of October 2020

Nestled into South Mountain, this 5 BD, 4.5 bath Contemporary home sits on over an acre & is a combination of open concept living & natural splendor! A 28 ft high steel & glass addition offers a seamless flowing space. Mature gardens, terrace, rock walls and wooded landscape make the South Mountain Reservation Forest part of your d cor. Other highlights include: Master Suite w/ floor to ceiling windows, central air, radiant heat, modern kitchen, finished lower level w/ rec room & built-in bar, 1-car garage. Central location is ideal w/ the South Mountain 2000+ acre nature reserve in your backyard and Millburn's quaint downtown village w/ shops, restaurants & train station to NYC minutes away. Solar panels are owned and provide significant savings.

Last Agent to Sell the Property

CAROLINE GOSSELIN

EXP REALTY, LLC Listed on: 08/25/2020

Last Buyer's Agent

VIJAYALAKHMI VENKATESH

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,259

Year Built

  • Built in 1951

Lot Details

  • 0.53 Acre Lot
  • Open Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • Paver Block

Home Design

  • Custom Home
  • Contemporary Architecture
  • Metal Roof
  • Wood Siding
  • Steel Siding
  • Tile

Interior Spaces

  • 3,900 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Mud Room
  • Great Room
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Skyline Views
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Wyoming Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-00101-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,259

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Style: Contemporary, Custom Home
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1951
  • Year Built Description: Approximate
  • County Name: Essex
  • Renovated Year: 2000
  • Street Number Display: 51
  • Directions: Glen Ave to Sagamore Rd --OR-- Wyoming Ave to Sagamore Rd.
  • I D: 5010669
  • Modified: 2021-10-31
  • Number Images: 25
  • Section Subdiv Development: Wyoming
  • First Name: CAROLINE
  • First Name3: VIJAYALAKHMI
  • Last Name: GOSSELIN
  • Last Name3: VENKATESH
  • Office Phone: 973-376-8188
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 12x9
  • Kitchen Level: First
  • Living Room Dim: 12x15
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 21x24
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 9x9
  • Other Room2 Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Great Room, InsdEntr, Kitchen, Living Room, OutEntrn
  • Level 2 Rooms: 2 Bedrooms, Attic, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3900
  • Ground Level Rooms: Laundry Room, MudRoom, Outside Entrance, Powder Room, Rec Room, Storage Room, Utility Room, Walkout
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Steel, Wood
  • Exterior Features: Patio, Thermal Windows/Doors
  • Roof Description: Metal

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, 2 Car Width, Driveway-Exclusive, Paver Block

Utilities

  • Cooling: 1 Unit, Attic Fan, Central Air, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural, SolarOwn
  • Heating: Forced Hot Air, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 87X263
  • Assessed Improvement Value: 358200
  • Assessed Land Value: 536100
  • Assessment: 894300
  • Lot Description: Backs to Park Land, Open Lot, Skyline View, Wooded Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.53

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17259
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00101-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.930
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: WYOMING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
15Berkeley Llc
Bought by
Raju Rakesh and Raju Mona Mehta
Current Estimated Value
$1,941,778

Purchase Details

Closed on
Oct 14, 2021
Sold by
Raju Rakesh and Raju Mona Mehta
Bought by
15Berkeley Llc

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 29, 2020
Sold by
Buzsaki Gyorgy and Solt Veronika
Bought by
Raju Rakesh and Raju Mona Mehta
Seller's Agent
CAROLINE GOSSELIN
EXP REALTY, LLC
Buyer's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
List Price
$1,250,000
Sold Price
$1,325,000
Premium/Discount to List
$75,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$1,060,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1998
Sold by
Victor James
Bought by
Solt Gyorgy and Solt Veronika
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
Raju Rakesh -- Stewart Title
15Berkeley Llc -- Stewart Title
Raju Rakesh $1,325,000 Green Hill Title
Solt Gyorgy $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raju Rakesh $673,000
Previous Owner Raju Rakesh $1,060,000
Previous Owner Solt Veronika $300,000
Previous Owner Buzsaki Gyorgy $625,500
Previous Owner Buzsaki Gyorgy $720,000
Previous Owner Solt Veronika M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $1,325,000 +6.0% $340 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $1,250,000 -- $321 / 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 $17,493 $894,300 $536,100 $358,200
2022 $17,376 $894,300 $536,100 $358,200
2021 $17,332 $894,300 $536,100 $358,200
2020 $17,224 $894,300 $536,100 $358,200
2019 $17,260 $894,300 $536,100 $358,200
2018 $17,010 $894,300 $536,100 $358,200
2017 $16,598 $894,300 $536,100 $358,200
2016 $17,695 $821,500 $440,100 $381,400
2015 $17,293 $821,500 $440,100 $381,400
2014 $16,561 $821,500 $440,100 $381,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3658865

Garden State MLS

APN: 12-00101-0000-00002