NOT LISTED FOR SALE

7 Addison Dr Short Hills, NJ 07078

Millburn Neighborhood

Estimated Value: $3,791,356 - $4,199,000

7 Beds
7 Baths
3,400 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $2,550,000 $750 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $25,886/month

About This Home

As of April 2015

This home is located at 7 Addison Dr, Short Hills, NJ 07078 since 22 April 2015 and is currently estimated at $3,934,452, approximately $1,157 per square foot. This property was built in 2015. 7 Addison Dr is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

Last Listed By

AMY BURAKOVSKY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 04/22/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,871

Year Built

  • Built in 2015

Lot Details

  • 0.6 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,871

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Year Built: 2015
  • County Name: Essex
  • Street Number Display: 7
  • I D: 4498298
  • Modified: 2016-04-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.10

Lot Info

  • Lot Size: 115X226
  • Total Acres: 0.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Apr 16, 2015
Sold by
7 Addison Drive Llc
Bought by
Lakhani Malini and Lakhani Samir
Seller's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Sold Price
$2,550,000
Total Days on Market
0
Current Estimated Value
$3,934,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,384,452
Avg. Annual Appreciation
4.40%
Original Mortgage
$1,912,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2013
Closed on
Dec 11, 2013
Sold by
Wong Robert
Bought by
7 Addison Drive Llc
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Sold Price
$1,260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.93%

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
Lakhani Malini -- None Available
Lakhani Samir $2,550,000 Fidelity National Title
7 Addison Drive Llc $1,260,000 --
7 Addison Drive Llc $1,260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakhani Malini $2,000,000
Previous Owner Lakhani Samir $1,912,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2015 04/22/15 Sold $2,550,000 +102.4% $750 / Sq Ft
12/12/2013 12/12/13 Sold $1,260,000 -- $371 / 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 $48,871 $2,498,500 $716,200 $1,782,300
2022 $48,546 $2,498,500 $716,200 $1,782,300
2021 $48,421 $2,498,500 $716,200 $1,782,300
2020 $48,121 $2,498,500 $716,200 $1,782,300
2019 $48,221 $2,498,500 $716,200 $1,782,300
2018 $47,521 $2,498,500 $716,200 $1,782,300
2017 $46,372 $2,498,500 $716,200 $1,782,300
2016 $45,083 $2,093,000 $460,800 $1,632,200
2015 $44,058 $760,800 $460,800 $300,000
2014 $9,290 $460,800 $460,800 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

  • A

    Buyer's Agent in 2015

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

  • E

    Seller Co-Listing Agent in 2013

    ELIZABETH KEYLOUN

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3188672

Garden State MLS

APN: 12-03503-0000-00052

New Jersey Essex County Short Hills 07078 Millburn

7 Addison Dr, Short Hills, NJ

Homes for Sale in Short Hills, NJ

This home is located at 7 Addison Dr, Short Hills, NJ 07078 since 22 April 2015 and is currently estimated at $3,934,452, approximately $1,157 per square foot. This property was built in 2015. 7 Addison Dr is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

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