107 Colt Rd Summit, NJ 07901
Estimated Value: $1,625,882 - $2,542,000
--
Bed
--
Bath
2,790
Sq Ft
$744/Sq Ft
Est. Value
About This Home
This home is located at 107 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,076,471, approximately $744 per square foot. 107 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2001
Sold by
Lee Eun Sung and Lee Moon Seung
Bought by
Berkowitz David B and Klein Susan B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,250
Outstanding Balance
$3,700
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,072,771
Purchase Details
Closed on
Apr 22, 1996
Sold by
Portnoy Lawrence F and Coleman Jeanne F
Bought by
Lee Eun Sung
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
7.87%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berkowitz David B | $935,000 | Lawyers Title Insurance Corp | |
| Lee Eun Sung | $647,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berkowitz David B | $76,250 | |
| Open | Berkowitz David B | $700,000 | |
| Previous Owner | Lee Eun Sung | $250,000 |
Source: Public Records
Tax History Compared to Growth
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 | $29,220 | $670,800 | $303,200 | $367,600 |
| 2024 | $29,026 | $670,800 | $303,200 | $367,600 |
| 2023 | $29,026 | $670,800 | $303,200 | $367,600 |
| 2022 | $28,730 | $670,800 | $303,200 | $367,600 |
| 2021 | $28,958 | $670,800 | $303,200 | $367,600 |
| 2020 | $29,247 | $670,800 | $303,200 | $367,600 |
| 2019 | $29,280 | $670,800 | $303,200 | $367,600 |
| 2018 | $29,093 | $670,800 | $303,200 | $367,600 |
| 2017 | $29,280 | $670,800 | $303,200 | $367,600 |
| 2016 | $28,851 | $670,800 | $303,200 | $367,600 |
| 2015 | $28,288 | $670,800 | $303,200 | $367,600 |
| 2014 | $27,556 | $670,800 | $303,200 | $367,600 |
Source: Public Records
Map
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