Seller's Agent in 2021
Kim Cannon
PROMINENT PROPERTIES SIR
(609) 947-4493
87 in this area
144 Total Sales
126 Mountain Ave Summit, NJ 07901
Estimated Value: $1,312,000 - $2,464,679
5
Beds
3.5
Baths
--
Sq Ft
0.7
Acres Lot
Highlights
- Colonial Architecture
- Deck
- Recreation Room
- L C Johnson Summit Middle School Rated A+
- Dining Room with Fireplace
- Cathedral Ceiling
About This Home
As of December 2021A HIDDEN GEM-Circa 1905 Colonial w/5BRs, 3.1BAs, multi-story rear addition done in 1987, 2 car att gar added 1989. House nestled on .7 acres of completely level, tranquil property, fantastic location! Not on the market for over 40 years, don't miss a wonderful opportunity to own this special home! Inviting front porch, airy foyer, LR/DR, 1st Den/Ofc, EIK w/atrium breakfast room, open concept to two-story family rm w/access to deck & patio. 4BRs, 2BAs plus open loft/bonus area on 2nd, 5th BR w/FB on 3rd. Rec Rm in basement. High ceilings, original chestnut trim, pocket doors, wood floors, 2 fp's (1 decorative). Located just blocks to elem school, Mem. Field Park, downtown Summit. Updates are needed to the home & its mechanical systems as noted in Seller's Disclosure. Home to be sold in 'as is' condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,448
Year Built
- Built in 1905 | Remodeled
Lot Details
- Fenced
- Level Lot
- Sprinkler System
- Property is zoned R-15
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Private Driveway
Home Design
- Colonial Architecture
- Asphalt Shingled Roof
- Wood Siding
- Stucco
- Tile
Interior Spaces
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Track Lighting
- Wood Burning Fireplace
- Non-Functioning Fireplace
- Shades
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Formal Dining Room
- Den
- Recreation Room
- Workshop
- Storage Room
- Utility Room
- Attic Fan
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven or Range
- Self-Cleaning Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
- Instant Hot Water
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
- Powder Room
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Front Basement Entry
- Sump Pump
- French Drain
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
- Separate Outdoor Workshop
- Porch
Schools
- Brayton Elementary School
- Summit Middle School
- Summit High School
Utilities
- Window Unit Cooling System
- Zoned Heating
- Radiator
- Hot Water Baseboard Heater
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-04606-0000-00002-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2021
Closed on
Nov 30, 2021
Sold by
Drew Stephen W and Drew Shirley A
Bought by
Rieppi Ricardo and Rieppi Nica
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Gary Martin
BHHS FOX & ROACH
List Price
$1,295,000
Sold Price
$1,460,000
Premium/Discount to List
$165,000
12.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,920
Avg. Annual Appreciation
9.00%
Original Mortgage
$1,168,060
Outstanding Balance
$1,063,202
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$1,069,718
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Rieppi Ricardo | $1,460,000 | Old Republic Title |
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 | Rieppi Ricardo | $1,168,060 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2021 12/15/21 | Sold | $1,460,000 | +12.7% | -- |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- |
| 09/29/2021 09/29/21 | For Sale | $1,295,000 | -- | -- |
Source: Garden State MLS
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 | $26,245 | $602,500 | $242,600 | $359,900 |
| 2024 | $23,271 | $602,500 | $242,600 | $359,900 |
| 2023 | $23,271 | $537,800 | $242,600 | $295,200 |
| 2022 | $23,034 | $537,800 | $242,600 | $295,200 |
| 2021 | $23,217 | $537,800 | $242,600 | $295,200 |
| 2020 | $23,448 | $537,800 | $242,600 | $295,200 |
| 2019 | $23,475 | $537,800 | $242,600 | $295,200 |
| 2018 | $23,324 | $537,800 | $242,600 | $295,200 |
| 2017 | $23,475 | $537,800 | $242,600 | $295,200 |
| 2016 | $23,131 | $537,800 | $242,600 | $295,200 |
| 2015 | $22,679 | $537,800 | $242,600 | $295,200 |
| 2014 | $22,093 | $537,800 | $242,600 | $295,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Cannon
-
Gary Martin
Buyer's Agent in 2021
Gary Martin
BHHS FOX & ROACH
(917) 449-7740
1 in this area
66 Total Sales
Map
Source: Garden State MLS
MLS Number: 3743353
APN: 18-04606-0000-00002
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