NOT LISTED FOR SALE

12 Colony Ct Summit, NJ 07901

Estimated Value: $1,509,000 - $2,223,000

4 Beds
4 Baths
1,214 Sq Ft
$1,585/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $1,586,000 $1,306 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,054/month

7 Days on Market

About This Home

As of April 2022

This home is located at 12 Colony Ct, Summit, NJ 07901 since 20 February 2022 and is currently estimated at $1,923,928, approximately $1,584 per square foot. This property was built in 2006. 12 Colony Ct 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.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 02/20/2022

Last Buyer's Agent

Aleksandar Ristovic

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,250

Year Built

  • Built in 2006

Lot Details

  • 7,405

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,250

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Union
  • Street Number Display: 12
  • I D: 5128355
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.20

Lot Info

  • Lot Size: .174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2005
Sold by
Goodman Janet S
Bought by
Ippolito John and Ippolito Deanna
Current Estimated Value
$1,923,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Outstanding Balance
$292,688
Interest Rate
5.95%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,631,240
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ippolito John $711,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ippolito John $561,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $1,586,000 +17.6% $1,306 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,349,000 -- $1,111 / 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 $22,250 $510,800 $198,500 $312,300
2024 $22,102 $510,800 $198,500 $312,300
2023 $22,102 $510,800 $198,500 $312,300
2022 $21,878 $510,800 $198,500 $312,300
2021 $22,051 $510,800 $198,500 $312,300
2020 $22,271 $510,800 $198,500 $312,300
2019 $22,296 $510,800 $198,500 $312,300
2018 $22,153 $510,800 $198,500 $312,300
2017 $22,296 $510,800 $198,500 $312,300
2016 $21,970 $510,800 $198,500 $312,300
2015 $21,540 $510,800 $198,500 $312,300
2014 $20,984 $510,800 $198,500 $312,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • Aleksandar Ristovic

    Buyer's Agent in 2022

    Aleksandar Ristovic

    CHRISTIE'S INT. REAL ESTATE GROUP

    (201) 218-5576

    1 in this area

    20 Total Sales

    Aleksandar Ristovic
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3764858

Garden State MLS

APN: 18-04601-0000-00010

New Jersey Union County Summit 07901

12 Colony Ct, Summit, NJ

This home is located at 12 Colony Ct, Summit, NJ 07901 since 20 February 2022 and is currently estimated at $1,923,928, approximately $1,584 per square foot. This property was built in 2006. 12 Colony Ct 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.

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