NOT LISTED FOR SALE

16 Edgewood Rd Summit, NJ 07901

Summit Area

Estimated Value: $3,666,712 - $4,424,000

6 Beds
5 Baths
-- Sq Ft
0.65 Acre Lot

Sale Details

Date Sold: June 18, 2021

Last sale price $2,330,000

Est. 72% increase in value since last sale

Current estimated payment $25,775 / mo

154 Days on Market

About This Home

As of June 2021

This home is located at 16 Edgewood Rd, Summit, NJ 07901 since 09 November 2020 and is currently estimated at $4,005,904. This property was built in 1903. 16 Edgewood Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Co-Listed By

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

IRENE LOSCHERT

PROMINENT PROPERTIES SIR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1903

Lot Details

  • 28,314 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1903

Lot Details

0.65 Acres

Listing Details

  • Year Built: 1903
  • County Name: Union
  • I D: 5022060
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 128X221
  • Total Acres: 0.65

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jun 13, 2021
Sold by
Leonhard Mark R and Leonhard Belle
Bought by
Buyer's Agent
IRENE LOSCHERT
PROMINENT PROPERTIES SIR
List Price
$2,800,000
Sold Price
$2,330,000
Premium/Discount to List
-$470,000
-16.79%
Current Estimated Value
$4,005,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,675,904
Avg. Annual Appreciation
10.90%
Original Mortgage
$1,747,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1992
Bought by
Leonhard Mark R and Leonhard Kelle
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    338 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
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  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    73 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    42 Total Sales

    1 in Summit

    $815,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    78 Total Sales

    2 in Summit

    $420K - $1.6M Price Range

    Steph Mahon
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    62 Total Sales

    1 in Summit

    $465,000 Price

    Mackenson Bonnet
     Section Image
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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
$2,330,000 Old Republic Title
Leonhard Mark R $1,180,000 --
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
Previous Owner $1,747,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $2,330,000 -6.6% --
04/12/2021 04/12/21 Pending -- -- --
03/10/2021 03/10/21 Price Changed $2,495,000 -10.9% --
11/09/2020 11/09/20 For Sale $2,800,000 -- --
Source: Garden State MLS

Tax 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.

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
2026 $42,796 $957,200 $474,700 $482,500
2025 $42,796 $957,200 $474,700 $482,500
2024 $41,418 $957,200 $474,700 $482,500
2023 $41,418 $957,200 $474,700 $482,500
2022 $40,997 $957,200 $474,700 $482,500
2021 $39,164 $907,200 $474,700 $432,500
2020 $39,554 $907,200 $474,700 $432,500
2019 $39,599 $907,200 $474,700 $432,500
2018 $39,345 $907,200 $474,700 $432,500
2017 $39,599 $907,200 $474,700 $432,500
2016 $39,019 $907,200 $474,700 $432,500
2015 $38,257 $907,200 $474,700 $432,500
2014 $37,268 $907,200 $474,700 $432,500
Source: Public Records

Agents Affiliated with this Home

  • AL

    Seller Co-Listing Agent in 2021

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • IL

    Buyer's Agent in 2021

    IRENE LOSCHERT

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3677321

Garden State MLS

APN: 18-03402-0000-00014

New Jersey Union County Summit 07901

16 Edgewood Rd, Summit, NJ

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