NOT LISTED FOR SALE

12 Colony Ct Summit, NJ 07901

Estimated Value: $1,740,517 - $2,043,000

4 Beds
5 Baths
1,214 Sq Ft
$1,562/Sq Ft Est. Value

Last Sold April 22, 2022

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

Est. 20% increase in value since last sale

Current estimated payment $12,446/month

7 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • High Ceiling

About This Home

As of April 2022

Nearly new Colonial with modern floorpan nestled on a quiet cul-de-sac a stone's throw from Memorial Field. The main floor is bright and airy with a chef's kitchen with center island, stainless steel appliances including a XO beverage refrigerator and dry bar, which opens to a spacious fireside family room. The living room leads to a large dining room with bay window ideal for large gatherings. The handy mudroom is next to a side door accessing the driveway and near the powder room. The second floor is home to the master suite with vaulted ceilings, large walk in closet and master bath with dual sinks, tub and shower. Three large additional bedrooms reside on this level along with a hall bath with dual sinks and a powder room. The attic provides significant finished storage space. The lower level has office space, a laundry room, a full bath and a large recreation room/gym with wet bar and high ceilings. The flat fenced rear yard is private with a large patio with built-in gas barbecue. A built-in generator is an added comfort. Other special features include smart home lighting, audio visual wiring for Sonos with speakers throughout house, central vac, custom closets and covered front porch.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR 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

  • $22,051

Year Built

  • Built in 2006

Lot Details

  • Privacy Fence
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04601-0000-00010-0000-
  • Tax Block *

Community Details

Amenities

  • Community Storage Space

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,051

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: TVs excluded (brackets in MBR, Rec Room & Family room to remain).
  • Street Number Display: 12
  • Directions: Ashland Road to Colony Court
  • I D: 5128355
  • Modified: 2023-04-23
  • Number Images: 31
  • Section Subdiv Development: Memorial Field
  • First Name: JILL
  • First Name3: ALEKSANDAR
  • Last Name: BRAY
  • Last Name3: RISTOVIC
  • Office Phone3: 908-516-4790
  • Attribution Contact: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Dryer, Generator-Built-In, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, WineRefr
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 4
  • 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: Soaking Tub, Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath Main, Laundry Room, Office, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 16x15
  • Kitchen Level: First
  • Living Room Dim: 13x10
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 28x19
  • Other Room1 Level: Basement
  • Other Room 2: Office
  • Other Room2 Dim: 14x9
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 11x5
  • Other Room3 Level: Basement
  • Other Room 4: MudRoom
  • Other Room4 Dim: 12x8
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, MudRoom, Porch
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Powder Room
  • Level 3 Rooms: Storage Room
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Patio, Privacy Fence, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Exercise Room, Storage

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: .174
  • Assessed Improvement Value: 312300
  • Assessed Land Value: 198500
  • Assessment: 510800
  • Easement: Unknown
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 22051
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04601-0000-00010-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Brayton

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
Total Days on Market
7
Current Estimated Value
$1,896,129

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
Interest Rate
5.95%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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 $322,700
Open Ippolito John M $960,000
Closed Ippolito John M $450,000
Closed Ippolito John M $100,000
Closed Ippolito John M $750,000
Closed Ippolito John M $170,000
Closed Ippolito John $561,000
Previous Owner Goodman Janet S $250,000
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
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

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Map

Source: Garden State MLS

MLS Number: 3764858

Garden State MLS

APN: 18-04601-0000-00010