NOT LISTED FOR SALE

7 Addison Dr Short Hills, NJ 07078

Estimated Value: $3,911,000 - $3,980,000

7 Beds
7 Baths
3,400 Sq Ft
$1,159/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 $24,876/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 $3,939,107, approximately $1,158 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 Agent to Sell the Property

AMY BURAKOVSKY

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

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS

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
Current Estimated Value
$3,939,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,389,107
Avg. Annual Appreciation
4.39%
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%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
2025 $48,871 $2,498,500 $716,200 $1,782,300
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

See All Agents

Map

Source: Garden State MLS

MLS Number: 3188672

Garden State MLS

APN: 12-03503-0000-00052

New Jersey Essex County Short Hills 07078

7 Addison Dr, Short Hills, NJ

This home is located at 7 Addison Dr, Short Hills, NJ 07078 since 22 April 2015 and is currently estimated at $3,939,107, approximately $1,158 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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