NOT LISTED FOR SALE

12 Colony Ct Summit, NJ 07901

Summit Area

Estimated Value: $2,069,017

4 Beds
4 Baths
1,214 Sq Ft
$1,704/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2022

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

Est. 30% increase in value since last sale

Current estimated payment $13,584 / mo

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 $2,069,017, approximately $1,704 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

REAL

REAL

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 7,405

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Year Built: 2006
  • County Name: Union
  • I D: 5128355
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Apr 20, 2022
Sold by
Ippolito and Deanna
Bought by
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
Aleksandar Ristovic
REAL
List Price
$1,349,000
Sold Price
$1,586,000
Premium/Discount to List
$237,000
17.57%
Current Estimated Value
$2,069,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,017
Avg. Annual Appreciation
6.20%
Original Mortgage
$1,121,000
Outstanding Balance
$1,031,730
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,037,287

Purchase Details

Closed on
Apr 18, 2005
Sold by
Goodman Janet S
Bought by
Ippolito John and Ippolito Deanna

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    171 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
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  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    338 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    73 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    43 Total Sales

    1 in Summit

    $815,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    78 Total Sales

    2 in Summit

    $420K - $1.6M Price Range

    Steph Mahon
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,586,000 Chicago Title
Ippolito John $711,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Open Simoneau William M $1,121,000
Previous Owner Ippolito John $561,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $22,838 $510,800 $198,500 $312,300
2025 $22,838 $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

  • JB

    Seller's Agent in 2022

    JILL BRAY

    PROMINENT PROPERTIES SIR

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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

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