NOT LISTED FOR SALE

1 Crest Acre Ct Summit, NJ 07901

Estimated Value: $2,960,191 - $4,747,000

6 Beds
7 Baths
9,836 Sq Ft
$376/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $3,955,000 $402 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $23,171/month

44 Days on Market

Highlights

  • Custom Home
  • 0.99 Acre Lot
  • Dining Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Conservatory Room
  • Recreation Room

About This Home

As of June 2018

This stunning 6 bedroom Town and Country Estate is a private enclave on Summit's North side. Masterfully gut renovated by AD100 Thomas Kligerman of Ike Kligerman Barkley, this unique property blends formal & casual living spaces inside & out. The large family rm features an expansive fireplace & adjacent wall of built-in desks overlooking the great lawn & gardens - a perfect hub. The light drenched gourmet kitchen & breakfast area open to an enclosed patio w/fireplace for an intimate outdoor dining option. The living room, lined w/french doors to the garden, & adjacent conservatory, private study & vaulted dining room offer versatile living & entertainment spaces. The elegant master suite is an oasis w/its gas fireplace, deck w/south facing views of the garden, spacious walk-in closet. 1st flr suite.

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 02/14/2018

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 02/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,008

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 0.99 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Custom Home
  • Tile Roof
  • Tile

Interior Spaces

  • 9,836 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 7 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Conservatory Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-01101-0000-00014-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,008

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1929
  • Year Built Description: Renovated
  • County Name: Union
  • Exclusions: 2 Sconces in 2nd floor Landing & Chandelier in Daughter's room.
  • Renovated Year: 2010
  • Street Number Display: 1/2
  • Directions: Summit Ave to Believue Ave to 1/2 Crest Acre Ct
  • I D: 4774675
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Northside
  • First Name: ARLENE GORMAN
  • First Name3: ARLENE GORMAN
  • Last Name: GONNELLA
  • Last Name3: GONNELLA
  • Office Phone: 973-376-4545
  • Office Phone3: 973-376-4545
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Tile, Marble, Wood
  • Fireplace Description: Bedroom 1, Dining Room, Family Room, Living Room
  • Number of Fireplaces: 7
  • Appliances: Carbon Monoxide Detector, Trash Compactor, Range/Oven-Gas, Refrigerator, Washer, Instant Hot Water, Water Filter, Dishwasher, Disposal, Dryer, Microwave Oven
  • Interior Amenities: Cedar Closets, SoakTub, Bar-Wet, TubShowr, Beam Ceilings, StallShw, Walk-In Closet, Security System, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 20
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, Storage Room, Exercise Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Pantry, Separate Dining Area
  • Kitchen Dim: 25x17
  • Kitchen Level: First
  • Living Room Dim: 20x35
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 18x19
  • Other Room1 Level: First
  • Other Room 2: Conservatory
  • Other Room2 Dim: 17x10
  • Other Room2 Level: First
  • Other Room 3: Office
  • Other Room3 Dim: 14x19
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 26x26
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Conservatory, Foyer, Office, Living Room, Pantry, Dining Room, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic, Storage Room
  • Estimated Sq Ft: 9836
  • Ground Level Rooms: 1 Bedroom, SittngRm, Bath(s) Other
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Underground Lawn Sprinkler, Patio, Workshop, Outbuilding(s)
  • Roof Description: Tile

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Hot Water, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 49X355
  • Assessed Improvement Value: 908000
  • Assessed Land Value: 558400
  • Assessment: 1466400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.99
  • Zoning: Res

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 64008
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01101-0000-00014-0000-
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
Feb 12, 2015
Sold by
Stathis John G
Bought by
Wehler Kevin and Wehler Jill H
Seller's Agent
ELIZABETH N MOLDENHAUER
PROMINENT PROPERTIES SIR
Buyer's Agent
Vanessa Pollock
KELLER WILLIAMS REALTY
Sold Price
$2,100,000
Current Estimated Value
$3,700,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,600,397
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,680,000
Interest Rate
3.46%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2007
Sold by
Wilson Peter J and Wilson Brooks K
Bought by
Stathis John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1997
Sold by
Stone Jerry F and Stone Barbara H
Bought by
Wilson Peter J and Wilson Brooks K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.78%

Purchase Details

Closed on
Feb 22, 1995
Sold by
Stone Jerry F and Stone Barbara H
Bought by
Stone Jerry F and Stone Barbara H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wehler Kevin $2,100,000 Acres Land Title Agency Llc
Stathis John G $2,500,000 First American Title Ins Co
Wilson Peter J $1,500,000 --
Stone Jerry F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehler Kevin $1,680,000
Previous Owner Stathis John G $1,500,000
Previous Owner Wilson Peter J $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $3,955,000 -1.0% $402 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $3,995,000 +90.2% $406 / Sq Ft
02/20/2015 02/20/15 Sold $2,100,000 -- $519 / 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 $42,623 $978,500 $387,000 $591,500
2024 $37,429 $978,500 $387,000 $591,500
2023 $37,429 $865,000 $387,000 $478,000
2022 $37,048 $865,000 $387,000 $478,000
2021 $37,342 $865,000 $387,000 $478,000
2020 $37,714 $865,000 $387,000 $478,000
2019 $47,465 $1,087,400 $387,000 $700,400
2018 $47,161 $1,087,400 $387,000 $700,400
2017 $47,465 $1,087,400 $387,000 $700,400
2016 $46,769 $1,087,400 $387,000 $700,400
2015 $45,856 $1,087,400 $387,000 $700,400
2014 $44,670 $1,087,400 $387,000 $700,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3446735

Garden State MLS

APN: 18-01101-0000-00005