NOT LISTED FOR SALE

11 Elm Place Summit, NJ 07901

Estimated Value: $1,233,000 - $1,899,000

5 Beds
5 Baths
3,112 Sq Ft
$537/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,090,000 $350 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,565/month

39 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Sun or Florida Room
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of March 2021

Well maintained, updated Center Hall Colonial with beautiful details is close to downtown Summit, Memorial Field, Midtown Direct Trains and Top-rated schools. Features include newly refinished hardwood floors, Andersen 400 windows, Leafguard Pro Gutters, renovated eat in kitchen with center island & high end stainless appliances. Entertaining is a breeze in the formal dining room with butlers pantry featuring ice machine & beverage cooler. Crown moldings & custom built ins. The 3 season Florida room has great landscape views with sliders to patio and large, level yard. Finished walk out basement. Third floor is finished with a 5th bedroom & full bath--a perfect au-paire suite. This house features over 3000 sq feet, with lots of natural light and is a must see!

Last Agent to Sell the Property

Michele DiBenedetto

BHHS FOX & ROACH Listed on: 01/15/2021

BHHS FOX & ROACH

Last Buyer's Agent

SUSAN PENNEY PARSELLS

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,009

Year Built

  • Built in 1933

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage
  • Tandem Garage
  • Private Driveway
  • Paver Block
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Multiple Heating Units
  • Radiator
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04604-0000-00019-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,009

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1933
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 11
  • Directions: Ashland Road to Elm Place
  • I D: 5042593
  • Modified: 2022-04-01
  • Number Images: 24
  • Section Subdiv Development: Memorial Field
  • First Name: MICHELE
  • First Name3: SUSAN
  • Last Name: DIBENEDETTO
  • Last Name3: PENNEY PARSELLS
  • Office Phone: 908-464-5200
  • Office Phone3: 973-376-8818
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Parquet, Stone, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Jennaire Type, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer, WineRefr
  • Interior Amenities: Blinds, Skylight, Walk-In Closet
  • 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
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Florida/3Season, GarEnter, Outside Entrance, Powder Room, Rec Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 14x24
  • Kitchen Level: First
  • Living Room Dim: 15x19
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 5x7
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 11x11
  • Other Room2 Level: Third
  • Other Room 3: Florida/3Season
  • Other Room3 Dim: 16x19
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Dim: 14x15
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, OutEntrn, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 908-464-5200

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Patio, Storage Shed, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Tandem
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive, Off-Street Parking, Paver Block

Utilities

  • Cooling: Ceiling Fan, Wall A/C Unit(s), Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Radiant - Electric, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Brayton
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 0.263
  • Assessed Improvement Value: 244200
  • Assessed Land Value: 191300
  • Assessment: 435500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 19
  • Lot I D Tax: *

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19009
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04604-0000-00019-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 30, 2021
Sold by
Kramer Ira and Kramer Cheryl
Bought by
Thiele Edward J and Thiele Amity J
Seller's Agent
Michele DiBenedetto
BHHS FOX & ROACH
Buyer's Agent
SUSAN PENNEY PARSELLS
PROMINENT PROPERTIES SIR
List Price
$1,195,000
Sold Price
$1,090,000
Premium/Discount to List
-$105,000
-8.79%
Current Estimated Value
$1,671,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,315
Avg. Annual Appreciation
9.99%
Original Mortgage
$872,000
Outstanding Balance
$787,310
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$884,005

Purchase Details

Closed on
Jul 18, 2005
Sold by
Balchunas Robert J
Bought by
Kramer Ira and Kramer Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Thiele Edward J $1,090,000 Foundation Title Llc
Kramer Ira $1,180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiele Edward J $872,000
Previous Owner Kramer Ira $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,090,000 -0.8% $350 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $1,099,000 -4.4% $353 / Sq Ft
01/21/2021 01/21/21 Price Changed $1,149,000 +0.3% $369 / Sq Ft
01/21/2021 01/21/21 Price Changed $1,145,000 -4.2% $368 / Sq Ft
01/15/2021 01/15/21 For Sale $1,195,000 -- $384 / 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 $20,451 $469,500 $191,300 $278,200
2024 $18,844 $469,500 $191,300 $278,200
2023 $18,844 $435,500 $191,300 $244,200
2022 $18,652 $435,500 $191,300 $244,200
2021 $18,801 $435,500 $191,300 $244,200
2020 $18,988 $435,500 $191,300 $244,200
2019 $19,010 $435,500 $191,300 $244,200
2018 $18,888 $435,500 $191,300 $244,200
2017 $19,010 $435,500 $191,300 $244,200
2016 $18,731 $435,500 $191,300 $244,200
2015 $18,365 $435,500 $191,300 $244,200
2014 $17,890 $435,500 $191,300 $244,200
Source: Public Records

Agents Affiliated with this Home

  • Michele DiBenedetto

    Seller's Agent in 2021

    Michele DiBenedetto

    BHHS FOX & ROACH

    (908) 432-5603

    3 in this area

    87 Total Sales

    Michele DiBenedetto
    Section Image

  • S

    Buyer's Agent in 2021

    SUSAN PENNEY PARSELLS

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3687385

Garden State MLS

APN: 18-04604-0000-00019

New Jersey Union County Summit 07901

11 Elm Place, Summit, NJ

This home is located at 11 Elm Place, Summit, NJ 07901 since 15 January 2021 and is currently estimated at $1,671,315, approximately $537 per square foot. This property was built in 1933. 11 Elm Place 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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