NOT LISTED FOR SALE

12 Lorraine Rd Summit, NJ 07901

Estimated Value: $2,073,000 - $2,418,000

4 Beds
2.5 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold April 15, 2019

Last sale price $1,575,000

Est. 44% increase in value since last sale

Current estimated payment $13,821/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Jetted Tub in Primary Bathroom
  • L C Johnson Summit Middle School Rated A+
  • Marble Flooring
  • Attic

About This Home

As of April 2019

Enchanting Northside Colonial totally renovated by current homeowners. Conveniently located just 0.4 mile to Summit's downtown. High-end finishes throughout w/ custom mill work. Kolbe & Marvin replacement windows. Gourmet eat-in Kitchen (2010) w/ marble topped center island w/ copper prep sink, desk, soap stone farm sink, 5-burner La Cornue range & oven, SubZero frig & Miele dishwasher. Private MBR Suite w/ walk-in closet & luxurious Bath w/ jetted tub, frame less shower & Carrera marble counter tops overlooking rear yard & beautiful vistas. 1st Fl. Office & Family Rm. LR w/ wood burning FP, & stone hearth.1,200 (+) climate controlled Wine Cellar. Perfect outdoor entertaining spaces w/ pergola & side & rear covered brick Patios.

Last Agent to Sell the Property

LINDA PECK

PROMINENT PROPERTIES SIR Listed on: 01/18/2019

Co-Listed By

PAMELA GUMPORT

PROMINENT PROPERTIES SIR

Last Buyer's Agent

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,380

Year Built

  • Built in 1932

Lot Details

  • 9,583 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Slate Roof
  • Stone Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Drapes & Rods
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Finished Basement
  • Garage Access
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Pergola
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling System
  • Radiator
  • Radiant Heating System
  • Standard Electricity
  • Water Filtration System
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-01203-0000-00042-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,380

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1932
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Flat screen TV in LR
  • Possible Other Uses: Home-Office
  • Directions: Springfield Ave. to Norwood Ave. to Lorraine Road
  • I D: 4861192
  • Section Subdiv Development: Northside
  • First Name: LINDA
  • First Name2: PAMELA
  • First Name3: ROSEMARY M
  • First Name4: WINIFRED
  • Last Name: PECK
  • Last Name2: GUMPORT
  • Last Name3: DANGLER
  • Last Name4: CAVAZINI
  • Office Phone: 908-377-8036
  • Office Phone4: 908-256-3044
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Stone, Tile, Marble, Wood
  • Fireplace Description: Rec Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Water Filter, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, WineRefr
  • Interior Amenities: Drapes, JacuzTyp, StallShw, Walk-In Closet, Blinds, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • 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: Stall Shower, Jetted Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, MudRoom, Utility Room, Workshop, GarEnter, Storage Room, Inside Entrance, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 25x14
  • Kitchen Level: First
  • Living Room Dim: 22x17
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 11x10
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 22x16
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 14x3
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 7x7
  • Other Room4 Level: Basement
  • Level 1 Rooms: Office, Walkout, OutEntrn, Living Room, Dining Room, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Stone, Wood Shingle
  • Exterior Features: Underground Lawn Sprinkler, Patio, Pergola, Wood Fence, Open Porch(es), Privacy Fence, Sidewalk, Thermal Windows/Doors
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage, Garage Under, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 2 Car Width, Hard Surface, Lighting, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Attic Fan, 2 Units, Central Air, Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Radiant - Hot Water, Radiators - Steam, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 100X95
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 23380
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01203-0000-00042-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Kimball Vinci Andrew and Kimball Ann Elizabeth
Bought by
Palmert Michael and Robinson Katherine
Current Estimated Value
$2,268,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,485,948
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$783,022

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 3, 2019
Sold by
Beshar Luke M and Beshar Annette H
Bought by
Vinci Andrew Kimball and Vinci Elizabeth Ann
Seller's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Buyer's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
List Price
$1,495,000
Sold Price
$1,575,000
Premium/Discount to List
$80,000
5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$1,260,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 1992
Bought by
Beshar Luke M and Beshar Annette H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmert Michael $1,950,000 Old Republic Title
Vinci Andrew Kimball $1,575,000 Simplicity Title Llc
Beshar Luke M $439,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmert Michael $1,560,000
Previous Owner Vinci Andrew Kimball $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $1,575,000 +5.4% --
01/25/2019 01/25/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $1,495,000 -- --
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 $23,483 $539,100 $214,200 $324,900
2024 $23,327 $539,100 $214,200 $324,900
2023 $23,327 $539,100 $214,200 $324,900
2022 $23,090 $539,100 $214,200 $324,900
2021 $23,273 $539,100 $214,200 $324,900
2020 $23,505 $539,100 $214,200 $324,900
2019 $23,532 $539,100 $214,200 $324,900
2018 $23,381 $539,100 $214,200 $324,900
2017 $23,532 $539,100 $214,200 $324,900
2016 $23,187 $539,100 $214,200 $324,900
2015 $22,734 $539,100 $214,200 $324,900
2014 $22,146 $539,100 $214,200 $324,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3526250

Garden State MLS

APN: 18-01203-0000-00042