NOT LISTED FOR SALE

10 Templar Way Summit, NJ 07901

Estimated Value: $2,640,000 - $2,849,000

5 Beds
5 Baths
3,060 Sq Ft
$894/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $2,500,000 $817 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $17,910/month

About This Home

As of September 2023

This home is located at 10 Templar Way, Summit, NJ 07901 since 01 September 2023 and is currently estimated at $2,734,656, approximately $893 per square foot. This property was built in 1932. 10 Templar Way is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Listed By

Deborah Lupton

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/01/2023

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,115

Year Built

  • 1932

Lot Details

  • 0.39 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,115

Year Built

1932

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 10
  • I D: 5242462
  • Modified: 2024-09-02
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 111X152
  • Total Acres: 0.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Aug 10, 2023
Sold by
Riley Brian A and Riley Philippa M
Bought by
Mcgowan Chris and Mcgowan Susan
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$2,500,000
Sold Price
$2,500,000
Total Days on Market
0
Current Estimated Value
$2,734,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,656
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,250,000
Outstanding Balance
$1,232,238
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,505,249

Purchase Details

Listed on
Sep 21, 2016
Closed on
Apr 6, 2017
Sold by
Carpenter Kenneth and Carpenter Sabra
Bought by
Riley Brian A and Riley Phillippa M
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
List Price
$1,749,000
Sold Price
$1,675,000
Premium/Discount to List
-$74,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,088,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Parker Nilsen Building Investment Llc
Bought by
Carpenter Kenneth and Carpenter Sabra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Thole Charles P
Bought by
Parker Nilsen Building Investm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
6.15%
Mortgage Type
Construction

Range of Values:

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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
Mcgowan Chris $2,500,000 Old Republic Title
Riley Brian A $1,675,000 None Available
Carpenter Kenneth $1,678,500 None Available
Parker Nilsen Building Investm $1,229,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Chris $1,250,000
Previous Owner Riley Brian A $1,088,750
Previous Owner Carpenter Kenneth $1,295,000
Previous Owner Carpenter Kenneth $260,000
Previous Owner Carpenter Kenneth $1,250,000
Previous Owner Parker Nilsen Building Investm $1,550,000
Previous Owner Thole Charles P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $2,500,000 0.0% $817 / Sq Ft
09/01/2023 09/01/23 For Sale $2,500,000 +49.3% $817 / Sq Ft
04/07/2017 04/07/17 Sold $1,675,000 -4.2% $547 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $1,749,000 -- $572 / 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
2024 $32,115 $742,200 $221,800 $520,400
2023 $32,115 $742,200 $221,800 $520,400
2022 $31,788 $742,200 $221,800 $520,400
2021 $32,041 $742,200 $221,800 $520,400
2020 $32,360 $742,200 $221,800 $520,400
2019 $32,397 $742,200 $221,800 $520,400
2018 $32,189 $742,200 $221,800 $520,400
2017 $32,397 $742,200 $221,800 $520,400
2016 $31,922 $742,200 $221,800 $520,400
2015 $31,299 $742,200 $221,800 $520,400
2014 $30,490 $742,200 $221,800 $520,400
Source: Public Records

Agents Affiliated with this Home

  • Deborah Lupton

    Seller's Agent in 2023

    Deborah Lupton

    PROMINENT PROPERTIES SIR

    (201) 840-8898

    22 in this area

    34 Total Sales

    Deborah Lupton
    Section Image

  • J

    Buyer's Agent in 2023

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • Kim Cannon

    Seller's Agent in 2017

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    102 in this area

    156 Total Sales

    Kim Cannon
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3863216

Garden State MLS

APN: 18-02403-0000-00017

New Jersey Union County Summit 07901

10 Templar Way, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 10 Templar Way, Summit, NJ 07901 since 01 September 2023 and is currently estimated at $2,734,656, approximately $893 per square foot. This property was built in 1932. 10 Templar Way is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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