NOT LISTED FOR SALE

1 Colony Dr Summit, NJ 07901

Summit Area

Estimated Value: $1,841,000 - $2,088,645

4 Beds
4 Baths
2,116 Sq Ft
$943/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2023

Last sale price $1,600,000 $756 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $12,831 / mo

About This Home

As of June 2023

This home is located at 1 Colony Dr, Summit, NJ 07901 since 30 June 2023 and is currently estimated at $1,995,911, approximately $943 per square foot. 1 Colony Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

Marianne Garibaldi

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 06/30/2023

PROMINENT PROPERTIES SIR

Co-Listed By

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

Marianne Garibaldi

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 06/30/2023

PROMINENT PROPERTIES SIR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 9,583

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Lot Details

9,583 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 5205834
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .222

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jun 19, 2023
Sold by
Okeefe Patrick and Okeefe Gia Rys
Bought by
Seller's Agent
Marianne Garibaldi
PROMINENT PROPERTIES SIR
Buyer's Agent
Marianne Garibaldi
PROMINENT PROPERTIES SIR
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,995,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,911
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,280,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2003
Sold by
Sharpe David
Bought by
Okeefe Patrick and Okeefe Gia Rys

Purchase Details

Closed on
Aug 25, 1999
Sold by
Kingsbery James C and Kingsbery Mary Louise
Bought by
Sharpe David H and Sharpe Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
7.65%

Purchase Details

Closed on
Aug 15, 1997
Sold by
Braaten Kenneth R and Braaten Kathy Andaas
Bought by
Kingsbery James C and Kingsbery Mary Louise

Purchase Details

Closed on
Jul 28, 1995
Sold by
Associates Relocation Management Co Inc
Bought by
Braaten Kenneth R and Braaten Kathy Andaas

Purchase Details

Closed on
May 27, 1995
Sold by
Tara John A and Tara Mary Mcguire
Bought by
Associates Relocation Management Co Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Antje Virostek Real Estate Agent - RE/MAX SELECT - Rockaway

    Antje Virostek

    RE/MAX SELECT - Rockaway

    (551) 244-7405

    47 Total Sales

    1 in Summit

    $385,000 Price

    Antje Virostek
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  • Pamela 'Jill' Sockwell Real Estate Agent - COMPASS NEW JERSEY, LLC

    Pamela 'Jill' Sockwell

    COMPASS NEW JERSEY, LLC

    (917) 634-3370

    140 Total Sales

    2 in Summit

    $805K - $999K Price Range

    Pamela 'Jill' Sockwell
     Section Image
  • Tricia Himawan Real Estate Agent - Weichert Realtors, Short Hills

    Tricia Himawan

    Weichert Realtors, Short Hills

    (862) 292-9012

    33 Total Sales

    1 in Summit

    $1,815,000 Price

    Tricia Himawan
     Section Image
  • Victoria Cannizzo Real Estate Agent - REAL

    Victoria Cannizzo

    REAL

    (862) 829-3427

    85 Total Sales

    4 in Summit

    $465K - $1.7M Price Range

    Victoria Cannizzo
     Section Image
  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    46 Total Sales

    1 in Summit

    $520,000 Price

    Sean Quinn
     Section Image
  • Jazmine Clausen-Soir Real Estate Agent - BHGRE ELITE

    Jazmine Clausen-Soir

    BHGRE ELITE

    (848) 283-6635

    60 Total Sales

    2 in Summit

    $722,000 Price Range

    Jazmine Clausen-Soir
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,600,000 Simplicity Title
Okeefe Patrick $920,000 --
Sharpe David H $705,000 --
Kingsbery James C $535,000 Chicago Title Insurance Co
Braaten Kenneth R $475,000 --
Associates Relocation Management Co Inc $475,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,245,000
Closed Murphy Peter $1,280,000
Previous Owner Sharpe David H $564,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $1,600,000 0.0% $756 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,600,000 -- $756 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,810 $487,800 $204,400 $283,400
2025 $21,810 $487,800 $204,400 $283,400
2024 $21,107 $487,800 $204,400 $283,400
2023 $21,107 $487,800 $204,400 $283,400
2022 $20,892 $487,800 $204,400 $283,400
2021 $19,811 $458,900 $204,400 $254,500
2020 $20,008 $458,900 $204,400 $254,500
2019 $20,031 $458,900 $204,400 $254,500
2018 $19,902 $458,900 $204,400 $254,500
2017 $20,031 $458,900 $204,400 $254,500
2016 $18,279 $425,000 $204,400 $220,600
2015 $17,922 $425,000 $204,400 $220,600
2014 $17,459 $425,000 $204,400 $220,600
Source: Public Records

Agents Affiliated with this Home

  • MG

    Seller's Agent in 2023

    Marianne Garibaldi

    PROMINENT PROPERTIES SIR

    (201) 401-0138

    10 Total Sales

    Marianne Garibaldi
    Section Image
  • Kim Cannon Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller Co-Listing Agent in 2023

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    135 Total Sales

    Kim Cannon
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Map

Source: Garden State MLS

MLS Number: 3852066

Garden State MLS

APN: 18-03106-0000-00007

New Jersey Union County Summit 07901

1 Colony Dr, Summit, NJ

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