NOT LISTED FOR SALE

12 Drum Hill Dr Summit, NJ 07901

Estimated Value: $2,008,000 - $2,381,000

5 Beds
3 Baths
-- Sq Ft
0.74 Acres

Last Sold May 23, 2022

Last sale price $2,015,000

Est. 8% increase in value since last sale

Current estimated payment $13,413/month

8 Days on Market

Highlights

  • Custom Home
  • Deck
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Wooded Lot
  • Attic

About This Home

As of May 2022

Stylish custom luxury home built in 2017 and resting on .74 acres in Summit -- this home is a WOW! It's truly the best of style meets function. Open floor plan with 4 bedrooms, 3 full baths. Inviting foyer, gourmet kitchen with marble island and concrete countertops, and top-of-line appliances flows into stunning living room with lacquered ceiling, gas fireplace and dining room with fabulous bar area. Bar has a separate dishwasher and specialized wine and beverage refrigerators. Custom and high end designer light fixtures throughout. Main space flows effortlessly to an oversized deck with gas grill and firepit area overlooking beautiful partially wooded back yard. Deck was designed for stairs to the yard to be added later, if desired. Primary Suite with its own doors to deck, large custom closet and gorgeous primary bathroom with radiant heated floors. Ground level has family room with wood burning fireplace, mudroom, office, laundry room and bedroom #4 and another fabulous full bathroom. Franklin School District, multi-zone HVAC and radiant heated floors on ground level and in all bathrooms, Sonos ready with speakers throughout, Nest thermostats, 2000kw generator, underground sprinklers, 2-car, heated, oversized garage, amazing deck and large, private yard.

Last Agent to Sell the Property

ELIZABETH WINTERBOTTOM

KELLER WILLIAMS REALTY Listed on: 03/23/2022

Last Buyer's Agent

Carolyn Perren

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,484

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 0.74 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

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

Home Design

  • Custom Home
  • Clapboard
  • Tile

Interior Spaces

  • Wet Bar
  • High Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2918-05602-0000-00045-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,484

Year Built

Built in 2017 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2017
  • Year Built Description: Renovated
  • County Name: Union
  • Easements Description: Utility
  • Exclusions: INCLUDED:Flower art on Acoustic Panels; Greenhouse; EXCLUDED: Artwork
  • Directions: Close to the Mountain Ave/ Division / Ashland Rd Intersection
  • I D: 5137528
  • First Name: ELIZABETH
  • First Name3: CAROLYN
  • Last Name: WINTERBOTTOM
  • Last Name3: PERREN
  • Office Phone3: 247246
  • Attribution Contact: 908-273-2991
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, OvnWElec, Washer, Water Softener-Own, WineRefr
  • Interior Amenities: Bar-Wet, Blinds, Drapes, High Ceilings, Security System, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Area: Breakfast Bar, Center Island, Pantry
  • Level 1 Rooms: Foyer
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room, Porch
  • Level 3 Rooms: Attic, Storage Room
  • Ground Level Rooms: 1 Bedroom, Bath Main, Family Room, GarEnter, Laundry Room, MudRoom, Office, Utility Room
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Barbeque, Deck, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: .746AC
  • Easement: Yes
  • Lot Description: Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.74
  • Zoning: Residential

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 25484
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05602-0000-00045-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 11, 2022
Sold by
Naylor and Robin
Bought by
Marshall Thomas and Marshall Kelly
Seller's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
Buyer's Agent
Carolyn Perren
WEICHERT REALTORS
List Price
$1,495,000
Sold Price
$2,015,000
Premium/Discount to List
$520,000
34.78%
Current Estimated Value
$2,174,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,306
Avg. Annual Appreciation
2.08%
Original Mortgage
$1,520,000
Outstanding Balance
$1,444,225
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$730,081

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 6, 2017
Sold by
Shea Devin C O
Bought by
Naylor Peter and Naylor Robin
Seller's Agent
DEBRA CLARK
COLDWELL BANKER REALTY
Buyer's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
List Price
$850,000
Sold Price
$705,000
Premium/Discount to List
-$145,000
-17.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.63%
Original Mortgage
$564,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 15, 1997
Sold by
Oshea Eileen M and Oshea John C
Bought by
Oshea Eileen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marshall Thomas $2,015,000 Tolstoi Mark 3
Naylor Peter $705,000 Property Title Group Llc
Oshea Eileen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Thomas $1,520,000
Previous Owner Naylor Peter $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2022 05/23/22 Sold $2,015,000 +34.8% --
03/31/2022 03/31/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,495,000 +112.1% --
06/12/2017 06/12/17 Sold $705,000 -17.1% -- View Prior Sale
05/19/2017 05/19/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $850,000 -- --
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 $25,461 $584,500 $265,000 $319,500
2024 $25,291 $584,500 $265,000 $319,500
2023 $25,291 $584,500 $265,000 $319,500
2022 $25,034 $584,500 $265,000 $319,500
2021 $25,233 $584,500 $265,000 $319,500
2020 $25,484 $584,500 $265,000 $319,500
2019 $25,513 $584,500 $265,000 $319,500
2018 $17,335 $399,700 $265,000 $134,700
2017 $17,447 $399,700 $265,000 $134,700
2016 $17,191 $399,700 $265,000 $134,700
2015 $16,605 $399,700 $265,000 $134,700
2014 $16,170 $399,700 $265,000 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3770894

Garden State MLS

APN: 18-05602-0000-00045