Seller's Agent in 2023
Sal Massoud
ERA CENTRAL LEVINSON
(609) 655-7717
31 in this area
33 Total Sales
7 Mayfair Ct Monroe Township, NJ 08831
Estimated Value: $1,598,000 - $1,677,358
5
Beds
3.5
Baths
5,131
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Sitting Area In Primary Bedroom
- 0.72 Acre Lot
- Oak Tree Elementary School Rated A
- Custom Home
- Dual Staircase
About This Home
As of February 2023This stunning brick-front Monarch Estate, facing east, is filled with natural light and boasts over $500k in upgrades. The elegant and sophisticated home is enhanced by stunning details, including a 2-story foyer with a chandelier that can be lowered with a lift, a curved oak floating staircase, and a formal dining room and living room with decorative molding. The gourmet kitchen features Silestone countertops, a custom tile backsplash, a center island with 3 crystal hanging pendant lights, stainless steel appliances, and a butler's area with a wine refrigerator. The kitchen also has a breakfast area with sliding door access to the backyard and an in-ground heated saltwater pool with a waterfall on a beautifully landscaped, fenced yard. The sunken family room has new Berber carpeting and a new stacking stone fireplace that reaches the ceiling, built-in TV, and is wired for surround sound. The downstairs also includes an office with double French doors, a laundry room, and a powder room. The upstairs includes a princess suite with a full bathroom, 3 additional bedrooms, and a Jack and Jill bathroom. Additional features of this home include a basement that is fully framed with a rough-in for a bathroom and ready to be finished, a brick paver patio and walkway, recessed LED lighting, an irrigation system, a 3-car garage, a 3-zone system, a 3-year-old HVAC, a completely redone and updated pool, a Control 4 alarm system, a Speco system, a bonus room of over 750 SQFT, a newer water heater, and a convenient location for commuters plus +++ Dear colleagues! The seller is asking that "highest & best" offers be presented by Monday 1/9/23 7:00 PM no escalation clause
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,950
Year Built
- Built in 2006
Lot Details
- 0.72 Acre Lot
- Fenced
- Interior Lot
- Level Lot
- Sprinkler System
- Property is zoned R30
Parking
- 3 Car Attached Garage
- 3 Attached Carport Spaces
- Tandem Parking
- Open Parking
Home Design
- Custom Home
- Colonial Architecture
- Contemporary Architecture
- Asphalt Roof
Interior Spaces
- 5,131 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Sound System
- Bar
- Cathedral Ceiling
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Library
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom on Main
- Walk-In Closet
- Dressing Area
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Natural lighting in basement
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- In Ground Pool
- Spa
Outdoor Features
- Deck
Utilities
- Forced Air Zoned Cooling and Heating System
- Underground Utilities
- Gas Water Heater
Community Details
- Reserve At Stonebridge Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2023
Closed on
Feb 21, 2023
Sold by
Iacovitti Michele and Iacovitti Isabella
Bought by
Salman Haroon and Zunaira Khan Zunaira
Seller's Agent
Sal Massoud
ERA CENTRAL LEVINSON
List Price
$1,395,000
Sold Price
$1,450,000
Premium/Discount to List
$55,000
3.94%
Views
123
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
$193,786
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,207,000
Outstanding Balance
$1,167,882
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$475,904
Purchase Details
Listed on
Nov 17, 2015
Closed on
Feb 9, 2016
Sold by
Marashlian Mark and Marashlian Immanuela
Bought by
Iacovitti Michele
Seller's Agent
Donna Dickey
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Alzira Farinhas
Best Realty
List Price
$875,000
Sold Price
$865,000
Premium/Discount to List
-$10,000
-1.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$625,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salman Haroon | $1,450,000 | First American Title | |
| Iacovitti Michele | $865,000 | Foundation Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salman Haroon | $1,207,000 | |
| Previous Owner | Iacovitti Michele | $625,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2023 02/28/23 | Sold | $1,450,000 | +3.9% | $283 / Sq Ft | |
| 01/03/2023 01/03/23 | For Sale | $1,395,000 | +61.3% | $272 / Sq Ft | |
| 02/11/2016 02/11/16 | Sold | $865,000 | -1.1% | $169 / Sq Ft | View Prior Sale |
| 12/10/2015 12/10/15 | Pending | -- | -- | -- | |
| 11/17/2015 11/17/15 | For Sale | $875,000 | -- | $171 / Sq Ft |
Source: All Jersey 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 | $23,275 | $828,000 | $226,400 | $601,600 |
| 2024 | $22,464 | $828,000 | $226,400 | $601,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sal Massoud
-
Donna Dickey
Seller's Agent in 2016
Donna Dickey
Coldwell Banker Residential Brokerage - Princeton
(239) 307-3657
3 Total Sales
-
Ellen Calman
Seller Co-Listing Agent in 2016
Ellen Calman
Coldwell Banker Residential Brokerage - Princeton
(609) 577-5777
3 in this area
43 Total Sales
-
A
Buyer's Agent in 2016
Alzira Farinhas
RE/MAX
Map
Source: All Jersey MLS
MLS Number: 2306898R
APN: 12-00015-1-00018-30
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