NOT LISTED FOR SALE

518 Wyoming Ave Millburn, NJ 07041

Estimated Value: $1,560,000 - $2,506,000

5 Beds
4.5 Baths
1,741 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $1,289,000 $740 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,957/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Jetted Tub in Primary Bathroom
  • South Mountain School Rated A+
  • Recreation Room
  • Great Room

About This Home

As of July 2017

This beautiful 5BR, 4.1BA custom colonial home is in the perfect location to top rated Millburn schools and easy commute to NYC, airport and major highways. Renovated in 2014 by the owner for perfection from top to bottom. Four levels of living space, finished with top quality materials. Open floor plan for easy and comfortable entertaining. For anyone who loves cook and entertain, the designer kitchen with substantial storage spaces which connects directly to the bright and spacious family room. The third level bedroom is huge and could easily serve as an alternate master suite.This sunny light-filled home will meet all your needs!

Last Agent to Sell the Property

XIAOXING ZHAO

COMPASS NEW JERSEY, LLC Listed on: 05/13/2017

Last Buyer's Agent

Stacie Levy

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,612

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Great Room
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Finished Basement
  • Sump Pump
  • Attic Fan
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • S Mountain Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1612-00603-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,612

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Essex
  • Renovated Year: 2014
  • Street Number Display: 518
  • Directions: Millburn Ave then Wyoming Ave
  • I D: 4713840
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: XIAOXING
  • First Name3: STACIE
  • Last Name: ZHAO
  • Last Name3: LEVY
  • Office Phone: 347-688-8880
  • Office Phone3: 973-310-6816
  • Pager Number: 347-688-8880
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Tub Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Rec Room, Utility Room, Great Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 11x18
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 16x35
  • Other Room1 Level: Third
  • Other Room 2: Game Room
  • Other Room2 Dim: 18x16
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Dim: 15x19
  • Other Room3 Level: Basement
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Office, OutEntrn, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 888-362-6543

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck, Wood Fence, Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Pull Down Stairs, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Attic Fan
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: S MOUNTAIN
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 50X150
  • Assessed Improvement Value: 421200
  • Assessed Land Value: 303600
  • Assessment: 724800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15612
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00603-0000-00007-0000-
  • Tax Rate Amount: 2.154
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: S MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Jul 12, 2017
Sold by
Shum Rosita Lee and Shum David K
Bought by
Thomas Todd and Thomas Alison J
Seller's Agent
XIAOXING ZHAO
COMPASS NEW JERSEY, LLC
Buyer's Agent
Stacie Levy
COMPASS NEW JERSEY, LLC
List Price
$1,250,000
Sold Price
$1,289,000
Premium/Discount to List
$39,000
3.12%
Current Estimated Value
$1,930,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,027
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,031,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2012
Sold by
Glazer Joy
Bought by
Shum Rosita Lee

Purchase Details

Closed on
Oct 13, 2009
Sold by
Glazer Joy
Bought by
Glazer Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.86%
Mortgage Type
Credit Line Revolving
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
Thomas Todd $1,289,000 Acres Land Title Agency
Shum Rosita Lee $400,000 Fidelity Natl Title Ins Co
Glazer Joy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Todd $965,800
Closed Thomas Todd $1,031,200
Previous Owner Glazer Joy $180,000
Previous Owner Glazer Joy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $1,289,000 +3.1% $740 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $1,250,000 -- $718 / 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 $17,275 $883,200 $466,700 $416,500
2024 $17,275 $883,200 $466,700 $416,500
2022 $17,161 $883,200 $466,700 $416,500
2021 $17,116 $883,200 $466,700 $416,500
2020 $17,010 $883,200 $466,700 $416,500
2019 $17,046 $883,200 $466,700 $416,500
2018 $16,798 $883,200 $466,700 $416,500
2017 $16,392 $883,200 $466,700 $416,500
2016 $15,612 $724,800 $303,600 $421,200
2015 $15,257 $724,800 $303,600 $421,200
2014 $14,612 $546,500 $303,600 $242,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3387764

Garden State MLS

APN: 12-00603-0000-00007