NOT LISTED FOR SALE

11 Iris Rd Summit, NJ 07901

Estimated Value: $898,670 - $982,000

3 Beds
2 Baths
1,707 Sq Ft
$547/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $826,000 $484 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,020/month

10 Days on Market

About This Home

As of October 2023

This home is located at 11 Iris Rd, Summit, NJ 07901 since 13 September 2023 and is currently estimated at $932,918, approximately $546 per square foot. This property was built in 1928. 11 Iris Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St. Patrick School.

Last Listed By

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,164

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,164

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Union
  • Street Number Display: 11
  • I D: 5243586
  • Modified: 2024-10-31
  • Number Images: 22
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 66X130
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 25, 2023
Sold by
Babineau John R and Babineau Shannon E
Bought by
Butigian Christopher and Reid Erin
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
Saritte Harel
KELLER WILLIAMS REALTY
List Price
$799,000
Sold Price
$826,000
Premium/Discount to List
$27,000
3.38%
Total Days on Market
10
Views
88
Current Estimated Value
$932,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,918
Avg. Annual Appreciation
8.39%
Original Mortgage
$784,700
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2011
Sold by
Lisk Matthew J and Lisk Lauren J
Bought by
Babineau John R and Babineau Shannon E

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
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Samson Lee
Bought by
Lisk Lauren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2001
Sold by
Mooney Michael and Spence Rebecca
Bought by
Samson Lee and Samson Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.89%

Purchase Details

Closed on
Sep 10, 1993
Sold by
Carroll Barbara A
Bought by
Mooney Mike and Spence Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.1%

Range of Values:

Collateral Analytics

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ICE

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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
Butigian Christopher $826,000 Acres Land Title
Babineau John R $590,000 First American Title Ins Co
Lisk Lauren J $635,000 --
Samson Lee $413,000 --
Mooney Mike $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butigian Christopher $80,000
Open Butigian Christopher $730,000
Closed Butigian Christopher $784,700
Previous Owner Babineau John R $250,000
Previous Owner Lisk Lauren J $564,000
Previous Owner Lisk Lauren J $25,000
Previous Owner Lisk Lauren J $508,000
Previous Owner Samson Lee $228,000
Previous Owner Samson Lee $170,000
Previous Owner Samson Lee $275,000
Previous Owner Samson Lee $275,000
Previous Owner Mooney Mike $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $826,000 +3.4% $484 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $799,000 -- $468 / 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 $10,164 $234,900 $139,900 $95,000
2023 $10,164 $234,900 $139,900 $95,000
2022 $10,061 $234,900 $139,900 $95,000
2021 $10,141 $234,900 $139,900 $95,000
2020 $10,242 $234,900 $139,900 $95,000
2019 $10,253 $234,900 $139,900 $95,000
2018 $10,188 $234,900 $139,900 $95,000
2017 $10,253 $234,900 $139,900 $95,000
2016 $10,103 $234,900 $139,900 $95,000
2015 $9,906 $234,900 $139,900 $95,000
2014 $9,650 $234,900 $139,900 $95,000
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3864547

Garden State MLS

APN: 18-00103-0000-00023