NOT LISTED FOR SALE

116 Colt Rd Summit, NJ 07901

Estimated Value: $1,836,967 - $2,307,000

-- Bed
-- Bath
3,017 Sq Ft
$716/Sq Ft Est. Value

About This Home

This home is located at 116 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,160,242, approximately $716 per square foot. 116 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
Jan 5, 2007
Sold by
Sunshine Brian A
Bought by
Pardo Peter and Pardo Lauren
Current Estimated Value
$2,160,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2002
Sold by
Modin John and Modin Megan
Bought by
Sunshine Brian A and Sunshine Tami M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 29, 1998
Sold by
Hudson John K and Hudson Carolyn B
Bought by
Modin John and Modin Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.92%

Purchase Details

Closed on
May 16, 1996
Sold by
Andaas Gary W and Andaas Jeanne M
Bought by
Hudson John K and Hudson Carolyn B

Purchase Details

Closed on
Feb 1, 1994
Sold by
Trzyna James E
Bought by
Andaas Gary W and Andaas Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Pardo Peter $1,260,000 --
Sunshine Brian A $905,000 Chicago Title Insurance Co
Modin John $645,000 --
Hudson John K $654,500 --
Andaas Gary W $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pardo Peter $1,050,000
Closed Pardo Peter $960,000
Previous Owner Pardo Peter $1,000,000
Previous Owner Sunshine Brian A $200,000
Previous Owner Sunshine Brian A $724,000
Previous Owner Modin John $50,000
Previous Owner Modin John $516,000
Previous Owner Andaas Gary W $440,000
Source: Public Records

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 $26,711 $617,300 $277,100 $340,200
2023 $26,711 $617,300 $277,100 $340,200
2022 $26,439 $617,300 $277,100 $340,200
2021 $26,649 $617,300 $277,100 $340,200
2020 $26,914 $617,300 $277,100 $340,200
2019 $26,945 $617,300 $277,100 $340,200
2018 $26,772 $617,300 $277,100 $340,200
2017 $26,945 $617,300 $277,100 $340,200
2016 $26,550 $617,300 $277,100 $340,200
2015 $26,032 $617,300 $277,100 $340,200
2014 $25,359 $596,300 $277,100 $319,200
Source: Public Records

Map

New Jersey Union County Summit 07901

116 Colt Rd, Summit, NJ

This home is located at 116 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,160,242, approximately $716 per square foot. 116 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.

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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