NOT LISTED FOR SALE

16 Hickory Rd Summit, NJ 07901

Estimated Value: $1,692,000 - $2,194,437

4 Beds
3 Baths
2,211 Sq Ft
$927/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $1,725,000 $780 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,561/month

7 Days on Market

About This Home

As of April 2023

This home is located at 16 Hickory Rd, Summit, NJ 07901 since 08 February 2023 and is currently estimated at $2,049,109, approximately $926 per square foot. This property was built in 1937. 16 Hickory 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

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 9,191

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • County Name: Union
  • I D: 5198475
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 27, 2023
Sold by
Price Charles W and Price Cheryl A
Bought by
Seeley Caleb and Schupmann Claire
List Price
$1,549,000
Sold Price
$1,725,000
Premium/Discount to List
$176,000
11.36%
Views
115
Current Estimated Value
$2,049,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,109
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,325,000
Outstanding Balance
$1,287,496
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$761,613

Purchase Details

Closed on
Nov 8, 2005
Sold by
Hauer Richard W
Bought by
Price Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 1997
Sold by
Lemcke H R
Bought by
Hauer Richard W and Hauer Norma M

Purchase Details

Closed on
Oct 18, 1994
Sold by
Lemcke H R and Lemcke Ileen J
Bought by
Lemcke H R
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seeley Caleb $1,725,000 Old Republic Title
Seeley Caleb $1,725,000 Old Republic Title
Price Charles W $900,000 --
Hauer Richard W $385,000 --
Lemcke H R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seeley Caleb $1,325,000
Closed Seeley Caleb $1,325,000
Previous Owner Price Charles W $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $1,725,000 +11.4% $780 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $1,549,000 -- $701 / 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 $22,285 $541,600 $150,600 $391,000
2024 $22,137 $511,600 $150,600 $361,000
2023 $22,137 $511,600 $150,600 $361,000
2022 $21,912 $511,600 $150,600 $361,000
2021 $22,086 $511,600 $150,600 $361,000
2020 $22,306 $511,600 $150,600 $361,000
2019 $22,331 $511,600 $150,600 $361,000
2018 $15,006 $346,000 $150,600 $195,400
2017 $15,103 $346,000 $150,600 $195,400
2016 $14,881 $346,000 $150,600 $195,400
2015 $14,591 $346,000 $150,600 $195,400
2014 $14,214 $346,000 $150,600 $195,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller Co-Listing Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • J

    Buyer Co-Listing Agent in 2023

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3827848

Garden State MLS

APN: 18-00510-0000-00005

New Jersey Union County Summit 07901

16 Hickory Rd, Summit, NJ

Not Listed for Sale

Detached

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