NOT LISTED FOR SALE

12 Colt Rd Summit, NJ 07901

Estimated Value: $2,402,000 - $3,276,000

5 Beds
4.5 Baths
3,360 Sq Ft
$856/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $2,712,500 $807 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $19,551/month

9 Days on Market

Highlights

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

About This Home

As of July 2022

Stunning Woodland Park Colonial with significant renovations in 2021/2022 including Custom Designer Eat in Kitchen, Marble Powder Room, Refinished HW floors, Extensive Landscaping, Hardscape, Fence and Lighting, smart home system, Audio/Media system, exterior paint and interior decor. Mint condition and Fantastic Floorplan! 5 Bedrooms all on the second floor, home office, second floor laundry and great recreation room. High Ceilings throughout and rich architectural detail and finishes. Two blocks to Franklin school and convenient to town and train. Location, Location!

Last Listed By

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Listed on: 02/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,773

Year Built

  • Built in 2006

Lot Details

  • Wood Fence
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Gazebo

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03102-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,773

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2022
  • Street Number Display: 12
  • Directions: Blackburn Road to Colt Road
  • I D: 5129520
  • Modified: 2023-07-02
  • Number Images: 30
  • Section Subdiv Development: Woodland Park
  • First Name: CYNTHIA
  • First Name3: ELAINE
  • First Name4: SUZANNE L.
  • Last Name: BAKER
  • Last Name3: PRUZON
  • Last Name4: POLOW
  • Office Phone: 908-376-2702
  • Office Phone3: 973-376-8188
  • Office Phone4: 973-376-8188
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Electric, Refrigerator, Self Cleaning Oven, Washer, WineRefr
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, StallShw, Stereo System, TubShowr, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • 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: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, MudRoom, Rec 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: 20x16
  • Kitchen Level: First
  • Living Room Dim: 17x13
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x12
  • Other Room1 Level: Second
  • Other Room 2: Office
  • Other Room2 Dim: 12x10
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 21x17
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 10x7
  • Other Room4 Level: Second
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Living Room, Office, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Curbs, Gazebo, Patio, Underground Lawn Sprinkler, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Franklin
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: .323
  • Assessed Improvement Value: 578100
  • Assessed Land Value: 296900
  • Assessment: 875000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 8
  • 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: 37773
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03102-0000-00008-0000-
  • 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: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Jun 24, 2022
Sold by
Watson Robert L and Watson Elizabeth A
Bought by
Cohen Lauren
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
List Price
$2,150,000
Sold Price
$2,712,500
Premium/Discount to List
$562,500
26.16%
Total Days on Market
9
Current Estimated Value
$2,877,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,542
Avg. Annual Appreciation
1.98%
Original Mortgage
$750,000
Outstanding Balance
$721,910
Interest Rate
4.25%
Mortgage Type
Balloon
Estimated Equity
$2,146,210

Purchase Details

Closed on
Dec 18, 2019
Sold by
Sullivan Michael and Sullivan Gina Elayne
Bought by
Watson Robert L and Watson Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Diaz Felipe C
Bought by
Sullivan Michael and Sullivan Gina Elayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2005
Sold by
Diaz Felipe C
Bought by
Colt 12 Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Wood Peter
Bought by
Diaz Felipe and Diaz Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5.68%

Range of Values:

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Average Value
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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
Cohen Lauren $2,712,500 New Title Company Name
Watson Robert L $1,750,000 All Ahead Title Agency Llc
Sullivan Michael $2,295,000 --
Colt 12 Llc -- --
Diaz Felipe $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Lauren $750,000
Previous Owner Watson Robert L $1,200,000
Previous Owner Sullivan Michael $1,365,000
Previous Owner Sullivan Michael $1,500,000
Previous Owner Diaz Felipe $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $2,712,500 +26.2% $807 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $2,150,000 +22.9% $640 / Sq Ft
02/21/2020 02/21/20 Sold $1,750,000 -4.1% $521 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $1,825,000 -8.7% $543 / Sq Ft
04/15/2019 04/15/19 For Sale $1,999,000 -- $595 / 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 $42,288 $977,300 $296,900 $680,400
2023 $42,288 $977,300 $296,900 $680,400
2022 $37,476 $875,000 $296,900 $578,100
2021 $37,774 $875,000 $296,900 $578,100
2020 $38,150 $875,000 $296,900 $578,100
2019 $38,194 $875,000 $296,900 $578,100
2018 $37,949 $875,000 $296,900 $578,100
2017 $38,194 $875,000 $296,900 $578,100
2016 $37,634 $875,000 $296,900 $578,100
2015 $36,899 $875,000 $296,900 $578,100
2014 $35,945 $875,000 $296,900 $578,100
Source: Public Records

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Source: Garden State MLS

MLS Number: 3764300

Garden State MLS

APN: 18-03102-0000-00008