S
Seller's Agent in 2022
SUSAN ADLER
KELLER WILLIAMS REALTY
7 Lee Terrace Short Hills, NJ 07078
Estimated Value: $3,340,000 - $3,731,000
5
Beds
6
Baths
5,206
Sq Ft
$667/Sq Ft
Est. Value
Highlights
- Custom Home
- Family Room with Fireplace
- Marble Flooring
- Hartshorn Elementary School Rated A+
- Recreation Room
- High Ceiling
About This Home
As of July 2022Elegance, grand spaces and remarkable millwork abound in this over 5000 sq. ft. Like New 5 Bedroom, 4 Full, 2 Half Bath home in the heart of Short Hill's Hartshorn section close to top-notch schools, downtown Millburn restaurants and shopping, luxury Short Hills Mall and NYC transportation. GUT RENOVATED from top to bottom in 2016! Open and airy floor plan and seamless living between indoors and outdoors. 1st level features 2-story Entry Foyer, custom moldings, gleaming hardwood floors and stunning staircase. Formal Dining Room with wainscoting. Elegant Living Room with coffered ceiling and fireplace. Gourmet Chef's Dream Kitchen with top of the line Wolf/Miele/Sub Zero appliances. Breakfast Room with abundant sunlight and beautiful access and view of lush outdoor entertaining space. Outstanding Family Room with stately fireplace and coffered ceiling. 1st Level Guest Room Suite. Super Home Office. 2nd level features dazzling Primary Bedroom Retreat with to die for vaulted ceiling, Walk In Closet and spa-Like bath. 3 additional spacious and sun-drenched bedrooms (1 ensuite and others sharing gorgeous Jack and Jill Bath). 2nd Level Laundry Room. Sitting Room overlooking Foyer. Unfinished Third Level with TONS of potential for expansion! Huge Lower Level with fantastic Mudroom, Recreation Room, Exercise/Media Room, Half Bath and 3 Car Garage. 7 Lee Terrace aims to please!
Last Agent to Sell the Property
SUSAN ADLER
KELLER WILLIAMS REALTY Listed on: 03/30/2022
Last Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY Listed on: 03/30/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,045
Year Built
- Built in 1956 | Remodeled
Lot Details
- 0.52
Parking
- 3 Car Attached Garage
- Additional Parking
Home Design
- Custom Home
- Colonial Architecture
- Brick Exterior Construction
- Tile
Interior Spaces
- 5,206 Sq Ft Home
- High Ceiling
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Utility Room
- Finished Basement
- Garage Access
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Butlers Pantry
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Intercom
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Hartshorn Elementary School
- Millburn Middle School
- Millburn High School
Utilities
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
- Water Softener is Owned
Additional Features
- Patio
- 0.52 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 1612-03802-0000-00025-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2022
Closed on
Jun 24, 2022
Sold by
Ming Qian Qiu and Tong Xiao
Bought by
Khandelwal Pankaj and Malik Nancy
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$2,595,000
Sold Price
$2,850,000
Premium/Discount to List
$255,000
9.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,959
Avg. Annual Appreciation
1.19%
Purchase Details
Closed on
Oct 28, 2004
Sold by
Lowengrub Harriet
Bought by
Qian Qiuming and Zhu Xiaotng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.71%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Khandelwal Pankaj | $2,850,000 | None Listed On Document | |
| Qian Qiuming | $1,125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Qian Qiuming | $283,000 | |
| Previous Owner | Qian Qiuming | $415,000 | |
| Previous Owner | Qian Qiuming | $250,000 | |
| Previous Owner | Qian Qiuming | $72,500 | |
| Previous Owner | Qian Qiuming | $330,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2022 07/06/22 | Sold | $2,850,000 | +9.8% | $547 / Sq Ft |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 03/30/2022 03/30/22 | For Sale | $2,595,000 | -- | $498 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $39,347 | $2,011,600 | $821,300 | $1,190,300 |
| 2024 | $39,347 | $2,011,600 | $821,300 | $1,190,300 |
| 2022 | $36,363 | $1,871,500 | $821,300 | $1,050,200 |
| 2021 | $36,270 | $1,871,500 | $821,300 | $1,050,200 |
| 2020 | $36,045 | $1,871,500 | $821,300 | $1,050,200 |
| 2019 | $36,120 | $1,871,500 | $821,300 | $1,050,200 |
| 2018 | $35,596 | $1,871,500 | $821,300 | $1,050,200 |
| 2017 | $34,735 | $1,871,500 | $821,300 | $1,050,200 |
| 2016 | $33,176 | $1,540,200 | $501,700 | $1,038,500 |
| 2015 | $32,421 | $1,168,000 | $501,700 | $666,300 |
| 2014 | $23,547 | $1,168,000 | $501,700 | $666,300 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Garden State MLS
MLS Number: 3772239
APN: 12-03802-0000-00025
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