$1,675,000
SOLD APR 7, 2017

10 Templar Way Summit, NJ 07901

5 Beds
6 Baths
3,060 Sq Ft
0.39 Acres

Recently Sold

$547 Per Sq Ft

4% Below List Price

90 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Attic
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of September 2023

Renovated throughout in 2008 in prime Northside location approx 1m to town/train. Completely move-in cond, light-filled rooms, floor plan for today's living! Impressive details & finishes, airy foyer/hallways/ landings on each level, huge sunken LR, 1st flr OFC, lg DR, gourmet EIK w/high-end appls, desk area, separate breakfast rm, convenient mud rm w/cubbies steps out to 2car gar access, family rm off kitchen overlooks patio/yard. 4BRs on 2nd including eleg mast suite, custom fitted WIC, renovtd MBth, 5th BR suite on 3rd flr w/BA plus walk-in attic storage rm. Great fin LL rec rm, storage, bright ldry rm. Entire house gutted/renovated in 2008-HVAC, windows, roof, & more. FP's never used by current owner, 'as is'.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 09/21/2016

Last Buyer's Agent

Deborah Lupton

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,298

Year Built

  • Built in 1929

Lot Details

  • 0.39 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02403-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,298

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Tudor
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1929
  • Year Built Description: Approximate
  • County Name: Union
  • Easements Description: DrivewayROW
  • Exclusions: See Listing Agent
  • Renovated Year: 2008
  • Street Number Display: 10
  • Directions: Essex to Robin Hood to Templar-Please park on street, not in driveway
  • I D: 4652950
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Northside
  • First Name: KIM
  • First Name3: DEBORAH
  • Last Name: CANNON
  • Last Name3: LUPTON
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Rec Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, OvnWElec, Generator-Hookup, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: JacuzTyp, Walk-In Closet, StallTub, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: 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 And Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Powder Room, Storage Room, Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 23x16
  • Kitchen Level: First
  • Living Room Dim: 25x16
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 28x13
  • Other Room1 Level: Third
  • Other Room 2: Breakfast
  • Other Room2 Dim: 17x11
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 24x15
  • Other Room3 Level: Basement
  • Other Room 4: Foyer
  • Other Room4 Dim: 24x8
  • Other Room4 Level: First
  • Level 1 Rooms: Breakfast Room, Family Room, Kitchen, Powder Room, Foyer, Office, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Attic
  • Phone: 908-522-1800

Exterior Features

  • Exterior Description: Stucco, Wood
  • Exterior Features: Thermal Windows/Doors, Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Shared

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • 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: 111X152
  • Assessed Improvement Value: 520400
  • Assessed Land Value: 221800
  • Assessment: 742200
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.39
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31298
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02403-0000-00017-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Lincoln-Hubbard

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
Current Estimated Value
$2,728,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,762
Avg. Annual Appreciation
5.00%
Original Mortgage
$1,250,000
Outstanding Balance
$1,227,540
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,507,116

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $2,500,000 Old Republic Title
Deed $1,675,000 None Available
Bargain Sale Deed $1,678,500 None Available
Deed $1,229,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Previous Owner $1,088,750 New Conventional
Previous Owner $1,295,000 No Value Available
Previous Owner $260,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,250,000 New Conventional
Previous Owner $1,550,000 Construction
Previous Owner $100,000 Unknown
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

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Map

Source: Garden State MLS

MLS Number: 3337531

Garden State MLS

APN: 18-02403-0000-00017