NOT LISTED FOR SALE

11 Sheffield Rd Summit, NJ 07901

Estimated Value: $1,152,000 - $1,724,000

4 Beds
3.5 Baths
2,886 Sq Ft
$500/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $970,000 $336 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,399/month

15 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • Corner Lot
  • L C Johnson Summit Middle School Rated A+
  • Ranch Style House
  • Formal Dining Room

About This Home

As of January 2021

Sought-after Northside, Summit location. 4 bedroom 3.5 bath Spacious Ranch. Foyer of main level separates the 4 large bedrooms from the rest of the home. Dual sided brick fireplace is the centerpiece of the very large entertaining space. Vast living room is adjacent to formal dining. Admire every detail of a custom kitchen which opens up to a bonus room. This home s clever layout is perfect for entertaining or everyday enjoyment! Full walkout basement includes a full bath and wet bar! Perfect for an office or in-law suite!

Last Agent to Sell the Property

Michael Read

BRIDGEWAY REAL ESTATE SERVICES Listed on: 11/09/2020

Last Buyer's Agent

REBECCA HORST

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,809

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 2,886 Sq Ft Home
  • Wet Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02402-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,809

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1974
  • Year Built Description: Approximate
  • County Name: Union
  • Possible Other Uses: Home-Office
  • Street Number Display: 11
  • Directions: Essex Rd N., right onto Sheffield Rd or Rt 124 to Essex to left on Sheffield
  • I D: 5029538
  • Modified: 2022-01-21
  • Number Images: 21
  • First Name: MICHAEL G
  • First Name3: REBECCA
  • Last Name: READ
  • Last Name3: HORST
  • Office Phone: 908-635-2745
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Bar-Wet, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Full Bath, Sitting Room, Walk-In Closet
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Dining Area: Formal Dining Room
  • In Law Suite: Yes
  • In Law Suite Description: SepEnter
  • Kitchen Area: Eat-In Kitchen
  • Estimated Sq Ft: 2886
  • Phone: 973-240-0330

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • 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: 93X122
  • Assessed Improvement Value: 208500
  • Assessed Land Value: 176600
  • Assessment: 385100
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.26
  • Zoning: R

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16809
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02402-0000-00008-0000-
  • 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: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 16, 2021
Sold by
Morais Maria Fernanda Alves
Bought by
Staas Mark and Saouma Charbel
Seller's Agent
Michael Read
BRIDGEWAY REAL ESTATE SERVICES
Buyer's Agent
REBECCA HORST
COLDWELL BANKER REALTY
List Price
$970,000
Sold Price
$970,000
Current Estimated Value
$1,444,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,067
Avg. Annual Appreciation
10.12%
Original Mortgage
$740,000
Outstanding Balance
$674,820
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$817,801

Purchase Details

Closed on
Jan 15, 2020
Sold by
Morais Maria Famanda Alves
Bought by
Morais Maria Fernanda Alves

Purchase Details

Closed on
Feb 13, 1987
Bought by
Morais Valentin G and Alves Maria F
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
Staas Mark $960,000 Heritage Abstract
Morais Maria Fernanda Alves -- None Available
Morais Valentin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staas Mark $740,000
Previous Owner Morais Maria Fernanda Alves $250,000
Previous Owner Morais Maria Fernanda $545,000
Previous Owner Morais Maria Fernanda Alves $647,500
Previous Owner Morais Alves $35,000
Previous Owner Morais Valentine Goncalves $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $970,000 0.0% $336 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $970,000 -- $336 / 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 $17,092 $395,000 $176,600 $218,400
2023 $17,092 $395,000 $176,600 $218,400
2022 $16,918 $395,000 $176,600 $218,400
2021 $16,625 $385,100 $176,600 $208,500
2020 $16,790 $385,100 $176,600 $208,500
2019 $16,810 $385,100 $176,600 $208,500
2018 $16,702 $385,100 $176,600 $208,500
2017 $16,810 $385,100 $176,600 $208,500
2016 $16,563 $385,100 $176,600 $208,500
2015 $16,240 $385,100 $176,600 $208,500
2014 $15,820 $385,100 $176,600 $208,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Read

    BRIDGEWAY REAL ESTATE SERVICES

    (908) 635-2745

    1 in this area

    17 Total Sales

    Michael Read
    Section Image

  • R

    Buyer's Agent in 2021

    REBECCA HORST

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3677299

Garden State MLS

APN: 18-02402-0000-00008

New Jersey Union County Summit 07901

11 Sheffield Rd, Summit, NJ

This home is located at 11 Sheffield Rd, Summit, NJ 07901 since 09 November 2020 and is currently estimated at $1,444,067, approximately $500 per square foot. This property was built in 1974. 11 Sheffield Rd 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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