NOT LISTED FOR SALE

16 Beverly Rd Summit, NJ 07901

Estimated Value: $1,251,000 - $1,645,000

4 Beds
2.5 Baths
2,796 Sq Ft
$531/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $780,000 $279 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,919/month

62 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of January 2018

New price on this custom bi-level with 4 bedrooms and 2 1/2 baths the best value in Summit! Premier location!! Expansive light-filled floor plan conveniently arranged on two levels, perfect for Mother/Daughter or au-pair suite on lower level with it's own private entrance. Main level 3BR's/2FB's,LR w/WB FP,Formal DR & eat-in kitchen with double doors leading to balcony the perfect spot for your morning coffee. Lower level has family room, 4th BR, rec room & 2nd kitchen. The backyard is an entertainers paradise with in-ground pool, patios and green space.Pool system installed & pool renovated with deck & coping -2005, Robotic pool cleaning system & new pool cover-2015. Numerous updates- New Roof 2016, New Furnace 2016, New HW heater 2016, interior painted 2017. Walk to elementary & high school.

Last Agent to Sell the Property

MARCIA HICKS

WEICHERT REALTORS Listed on: 09/20/2017

Last Buyer's Agent

MARCIA HICKS

WEICHERT REALTORS Listed on: 09/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,543

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Privacy Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Paver Block

Home Design

  • Bi-Level Home
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,796 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Exterior Basement Entry
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

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

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2918-00508-0000-00013-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,543

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Style: Bi-Level
  • Primary Style: Bi-Level
  • Subproperty Type: Single Family
  • Year Built: 1961
  • County Name: Union
  • Exclusions: Washer, Dryer, Curtains,Downstairs Refrigerator,ice machine,wine fridge
  • Directions: Morris Ave to Beverly Road #16
  • I D: 4744052
  • First Name: MARCIA
  • First Name3: MARCIA
  • Last Name: HICKS
  • Last Name3: HICKS
  • Office Phone: 908-273-8808
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Ground
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Half Bath, Kitchen, Dining Room, FamilyRm, SepEnter
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x12
  • Kitchen Level: First
  • Living Room Dim: 14x19
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 20x15
  • Other Room1 Level: Ground
  • Other Room 2: Kitchen
  • Other Room2 Dim: 20x10
  • Other Room2 Level: Ground
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 7x4
  • Other Room3 Level: Ground
  • Other Room 4: Storage Room
  • Other Room4 Level: Ground
  • Level 1 Rooms: 3 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Level 2 Rooms: Attic
  • Estimated Sq Ft: 2796
  • Ground Level Rooms: 1 Bedroom, Laundry Room, Walkout, Outside Entrance, Powder Room, Family Room, Kitchen, Rec Room
  • Phone: 908-273-0400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Storm Door(s), Curbs, Privacy Fence, Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Gunite, In-Ground Pool, Outdoor Pool, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Paver Block, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

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

Lot Info

  • Lot Size: 99X128
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.29

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13543
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00508-0000-00013-0000-
  • Tax Rate Amount: 4.301
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Jan 23, 2018
Sold by
Montero Eduardo M and Montero Suzanne
Bought by
Chan Amy Kwan
Seller's Agent
MARCIA HICKS
WEICHERT REALTORS
Buyer's Agent
MARCIA HICKS
WEICHERT REALTORS
List Price
$875,000
Sold Price
$780,000
Premium/Discount to List
-$95,000
-10.86%
Current Estimated Value
$1,484,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,213
Avg. Annual Appreciation
8.45%
Original Mortgage
$546,000
Outstanding Balance
$460,759
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,023,454

Purchase Details

Closed on
Sep 5, 2003
Sold by
Burke Rita
Bought by
Montero Eduardo and Montero Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.31%
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
Chan Amy Kwan $760,000 Fidelity National Title
Chan Amy Kwan $760,000 Fidelity National Title
Montero Eduardo $433,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Amy Kwan $546,000
Closed Chan Amy Kwan $546,000
Previous Owner Montero Eduardo $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $780,000 -10.9% $279 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $875,000 -- $313 / 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
2025 $13,717 $314,900 $140,300 $174,600
2024 $13,626 $314,900 $140,300 $174,600
2023 $13,626 $314,900 $140,300 $174,600
2022 $13,487 $314,900 $140,300 $174,600
2021 $13,594 $314,900 $140,300 $174,600
2020 $13,730 $314,900 $140,300 $174,600
2019 $13,745 $314,900 $140,300 $174,600
2018 $13,657 $314,900 $140,300 $174,600
2017 $13,745 $314,900 $140,300 $174,600
2016 $13,544 $314,900 $140,300 $174,600
2015 $13,279 $314,900 $140,300 $174,600
2014 $12,936 $314,900 $140,300 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3419276

Garden State MLS

APN: 18-00508-0000-00013