J
Seller's Agent in 2021
JACK QIZHAN YAO
REALMART REALTY
140 Rotary Dr Summit, NJ 07901
Estimated Value: $3,762,059 - $4,796,000
7
Beds
5.5
Baths
7,700
Sq Ft
$560/Sq Ft
Est. Value
Highlights
- Custom Home
- Family Room with Fireplace
- Cathedral Ceiling
- L C Johnson Summit Middle School Rated A+
- Recreation Room
- Wood Flooring
About This Home
As of March 2021STUNNING High-End Custom New Built +7K SF Private Lot Overlooking The Forest-A MUST SEE. Franklin School. Cedar Shingles Siding w/Copper Accents. Wood Floors. 3 Gas Fireplaces. Enormous Gourmet Chef's Kitchen w/Custom Inset Cabinets, Oversized Quartz Island, Large Pantry. Wolf/Sub-Zero/Miele. Breakfast Area w/Natural Light. Sophisticated Butler's Pantry. Huge Bluestone Patio, Cathedral High Ceiling Family RM w/Shiplaps. Office w/Custom Desk/Cabinets. Majestic Master Overlooking Greenery, 2 Handcrafted Walk-in Closets, Soaking Tub, Oversized Vanity & Heated Floor. J&J BR w/Shared BA, Large Rec RM, Optional Wine Cellar, en-Suite BR. Mudroom w/XL Cubbies. XL 3-Car Garage. Designer Fixtures. Designed Landscape. Backup Generator. Smart Home w/Data,Nest,Cameras, WiFi,Speakers, Underground Utilities. Room For a Pool.
Last Agent to Sell the Property
JACK QIZHAN YAO
REALMART REALTY Listed on: 11/10/2020
Last Buyer's Agent
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,460
Year Built
- Built in 2020
Lot Details
- 0.41
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Custom Home
- Colonial Architecture
- Wood Shingle Roof
- Stone Siding
Interior Spaces
- 7,700 Sq Ft Home
- Beamed Ceilings
- Cathedral Ceiling
- Gas Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Laundry Room
- Utility Room
- Fire and Smoke Detector
- Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Butlers Pantry
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
- Instant Hot Water
Flooring
- Wood
- Wall to Wall Carpet
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- In-Law or Guest Suite
- Soaking Tub
- Separate Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Schools
- Franklin Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Underground Utilities
- Gas Water Heater
Additional Features
- Patio
- Sprinkler System
Listing and Financial Details
- Assessor Parcel Number 2918-05606-0000-00016-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2020
Closed on
Mar 23, 2021
Sold by
140 Rotary Llc
Bought by
Loftus Ryan P and Loftus Nicole V
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
List Price
$3,275,000
Sold Price
$3,040,000
Premium/Discount to List
-$235,000
-7.18%
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
$1,190,387
Avg. Annual Appreciation
7.27%
Original Mortgage
$2,128,000
Outstanding Balance
$1,945,040
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,194,781
Purchase Details
Closed on
Apr 19, 2019
Sold by
Behiri Yoram and Behiri Ronit
Bought by
140 Rotary Llc and Vertex Builders Llc
Purchase Details
Listed on
May 25, 2017
Closed on
Feb 28, 2018
Sold by
Morris Carole A
Bought by
Behiri Yoram and Behiri Ronit
Seller's Agent
Rosaleen Light-newby
BHHS FOX & ROACH
Buyer's Agent
JOAN SCHWARTZ
BHHS FOX & ROACH
List Price
$1,295,000
Sold Price
$920,000
Premium/Discount to List
-$375,000
-28.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.44%
Original Mortgage
$679,650
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 1986
Bought by
Morris Francis E and Morris Carole A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loftus Ryan P | $3,040,000 | Cortes & Hay Title Agcy Inc | |
| 140 Rotary Llc | -- | None Available | |
| Behiri Yoram | $920,000 | None Available | |
| Morris Francis E | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loftus Ryan P | $2,128,000 | |
| Previous Owner | Behiri Yoram | $679,650 | |
| Previous Owner | Morris Francis E | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2021 03/25/21 | Sold | $3,040,000 | -7.2% | $395 / Sq Ft |
| 01/17/2021 01/17/21 | Pending | -- | -- | -- |
| 11/10/2020 11/10/20 | For Sale | $3,275,000 | +256.0% | $425 / Sq Ft |
| 03/14/2018 03/14/18 | Sold | $920,000 | -29.0% | -- |
| 02/01/2018 02/01/18 | Pending | -- | -- | -- |
| 05/25/2017 05/25/17 | For Sale | $1,295,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $55,663 | $1,286,400 | $379,700 | $906,700 |
| 2023 | $55,663 | $1,286,400 | $379,700 | $906,700 |
| 2022 | $55,097 | $1,286,400 | $379,700 | $906,700 |
| 2021 | $17,268 | $400,000 | $379,700 | $20,300 |
| 2020 | $17,440 | $400,000 | $379,700 | $20,300 |
| 2019 | $17,460 | $400,000 | $379,700 | $20,300 |
| 2018 | $24,092 | $555,500 | $379,700 | $175,800 |
| 2017 | $32,057 | $734,400 | $379,700 | $354,700 |
| 2016 | $31,587 | $734,400 | $379,700 | $354,700 |
| 2015 | $30,970 | $734,400 | $379,700 | $354,700 |
| 2014 | $30,169 | $734,400 | $379,700 | $354,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2021
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
-
S
Buyer Co-Listing Agent in 2021
Suzanne Lear
PROMINENT PROPERTIES SIR
(908) 376-2720
69 in this area
122 Total Sales
-
Seller's Agent in 2018
Rosaleen Light-newby
BHHS FOX & ROACH
(908) 510-0861
8 in this area
27 Total Sales
-
J
Buyer's Agent in 2018
JOAN SCHWARTZ
BHHS FOX & ROACH
Map
Source: Garden State MLS
MLS Number: 3677619
APN: 18-05606-0000-00016
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