NOT LISTED FOR SALE

1 Silver Lake Dr Summit, NJ 07901

Estimated Value: $2,141,058 - $2,634,000

-- Bed
-- Bath
4,273 Sq Ft
$545/Sq Ft Est. Value

About This Home

This home is located at 1 Silver Lake Dr, Summit, NJ 07901 and is currently estimated at $2,327,765, approximately $544 per square foot. 1 Silver Lake 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2007
Sold by
Clive Clifford E and Clive April C
Bought by
Donaldson Bruce G and Donaldson Meghan
Current Estimated Value
$2,327,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 1999
Sold by
Sheridan James J and Sheridan Marianne
Bought by
Clive Clifford E and Clive April C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Donaldson Bruce G $1,500,000 Fidelity Natl Title Ins Co
Clive Clifford E $947,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Donaldson Bruce G $990,000
Closed Donaldson Bruce G $990,000
Closed Donaldson Bruce G $250,000
Closed Donaldson Bruce G $1,100,000
Previous Owner Clive Clifford E $758,000
Previous Owner Sheridan James J $325,000
Source: Public Records

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
2024 $30,471 $704,200 $368,200 $336,000
2023 $30,471 $704,200 $368,200 $336,000
2022 $30,161 $704,200 $368,200 $336,000
2021 $30,400 $704,200 $368,200 $336,000
2020 $30,703 $704,200 $368,200 $336,000
2019 $30,738 $704,200 $368,200 $336,000
2018 $30,541 $704,200 $368,200 $336,000
2017 $30,738 $704,200 $368,200 $336,000
2016 $30,288 $704,200 $368,200 $336,000
2015 $29,696 $704,200 $368,200 $336,000
2014 $28,929 $704,200 $368,200 $336,000
Source: Public Records

Map

New Jersey Union County Summit 07901

1 Silver Lake Dr, Summit, NJ

This home is located at 1 Silver Lake Dr, Summit, NJ 07901 and is currently estimated at $2,327,765, approximately $544 per square foot. 1 Silver Lake 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.

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