NOT LISTED FOR SALE

1 Colt Rd Summit, NJ 07901

Summit Area

Estimated Value: $2,091,000 - $2,416,000

4 Beds
3 Baths
-- Sq Ft
0.52 Acre Lot

Sale Details

Date Sold: May 7, 2024

Last sale price $1,870,000

Est. 20% increase in value since last sale

Current estimated payment $14,786 / mo

About This Home

As of May 2024

This home is located at 1 Colt Rd, Summit, NJ 07901 since 10 December 2023 and is currently estimated at $2,243,718. This property was built in 1957. 1 Colt Rd 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

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 12/10/2023

Last Buyer's Agent

SUSAN PENNEY PARSELLS

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

Year Built

  • Built in 1957

Lot Details

  • 22,651 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0.52 Acres

Listing Details

  • Year Built: 1957
  • County Name: Union
  • I D: 5259666
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .516
  • Total Acres: 0.52

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
Dec 10, 2023
Closed on
May 1, 2024
Sold by
Bought by
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
SUSAN PENNEY PARSELLS
PROMINENT PROPERTIES SIR
List Price
$1,695,000
Sold Price
$1,870,000
Premium/Discount to List
$175,000
10.32%
Current Estimated Value
$2,243,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,718
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jul 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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

  • Zohar Zamir Real Estate Agent - KELLER WILLIAMS VILLAGE SQUARE REALTY

    Zohar Zamir

    KELLER WILLIAMS VILLAGE SQUARE REALTY

    (551) 296-1848

    734 Total Sales

    1 in Summit

    $999,999 Price

    Zohar Zamir
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  • Robin Roth Real Estate Agent - RE/MAX Competitive Edge

    Robin Roth

    RE/MAX Competitive Edge

    (908) 365-0772

    28 Total Sales

    1 in Summit

    $855,000 Price

    Robin Roth
     Section Image
  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Summit

    $840,000 Price

    Massimo Chirichiello
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    309 Total Sales

    2 in Summit

    $875,000 Price Range

    Nancy Chu
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    173 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    333 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     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
$1,870,000 Acres Land Title
$849,500 Chicago Title Insurance Co
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
Previous Owner $75,000
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
05/07/2024 05/07/24 Sold $1,870,000 0.0% --
12/11/2023 12/11/23 Off Market $1,870,000 -- --
12/10/2023 12/10/23 Pending -- -- --
12/10/2023 12/10/23 For Sale $1,695,000 -- --
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 $29,446 $658,600 $319,300 $339,300
2025 $29,446 $658,600 $319,300 $339,300
2024 $28,498 $658,600 $319,300 $339,300
2023 $28,498 $658,600 $319,300 $339,300
2022 $28,208 $658,600 $319,300 $339,300
2021 $28,432 $658,600 $319,300 $339,300
2020 $28,715 $658,600 $319,300 $339,300
2019 $28,748 $658,600 $319,300 $339,300
2018 $28,563 $658,600 $319,300 $339,300
2017 $28,748 $658,600 $319,300 $339,300
2016 $27,918 $649,100 $319,300 $329,800
2015 $27,373 $649,100 $319,300 $329,800
2014 $26,665 $649,100 $319,300 $329,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

  • S

    Buyer's Agent in 2024

    SUSAN PENNEY PARSELLS

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3877794

Garden State MLS

APN: 18-03101-0000-00001

New Jersey Union County Summit 07901

1 Colt Rd, Summit, NJ

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