NOT LISTED FOR SALE

16 Iris Rd Summit, NJ 07901

Estimated Value: $1,254,000 - $1,402,000

4 Beds
4 Baths
2,100 Sq Ft
$631/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $999,000 $476 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,839/month

85 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • High Ceiling
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • Mud Room

About This Home

As of August 2020

Elegant 4 bedroom 2.2 bath Colonial w/open floor plan concept & gorgeous high ceilings, moldings & central air! quality and style craftsmanship. eat-in kitchen features top of the line SS appliances ,center Island & Quartz counters with soft close cabinets, opens to family room w/ gas FP, creating the perfect open layout, Second floor Master Suite with WIC and stall shower ,soaking tub. 3 more BRs,hallway bath& Laundry room.Lower level offers Rec Room,Game Room ,powder room with tile floor .Sprinkler System ,lifetime warranty for the roof.Convenient to Washington Elementary, Summit HS, Equinox gym, Short Hills Mall, Midtown Direct train and bus.

Last Agent to Sell the Property

AYTEN MAYER

WEICHERT REALTORS Listed on: 04/06/2020

Last Buyer's Agent

AMY BURAKOVSKY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,256

Year Built

  • Built in 2019

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • 2,100 Sq Ft Home
  • High Ceiling
  • Gas Fireplace
  • Mud Room
  • Family Room with Fireplace
  • Family or Dining Combination
  • Recreation Room
  • Game Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2918-00106-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,256

Year Built

Built in 2019

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2019
  • Year Built Description: Unknown
  • County Name: Union
  • Street Number Display: 16
  • Directions: Canoe Brook Pkwy to Iris
  • I D: 4976627
  • Modified: 2021-09-23
  • Number Images: 22
  • Section Subdiv Development: Residential
  • First Name: AYTEN
  • First Name3: AMY
  • Last Name: MAYER
  • Last Name3: BURAKOVSKY
  • Office Phone: 908-277-1200
  • Office Phone3: 973-886-5432
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, StallShw, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: GameRoom, Powder Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Level: Second
  • Other Room 2: Game Room
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: Family Room, Kitchen, LivDinRm, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 2100
  • Phone: 908-277-1200

Exterior Features

  • Exterior Description: Composition Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

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

Lot Info

  • Lot Size: 50X125
  • Assessed Improvement Value: 66300
  • Assessed Land Value: 137200
  • Assessment: 203500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2918-00106-0000-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Aug 5, 2020
Sold by
Pombat Builders Llc
Bought by
Katz Michael E and Katz Stephanie
Seller's Agent
AYTEN MAYER
WEICHERT REALTORS
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%
Current Estimated Value
$1,325,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,085
Avg. Annual Appreciation
4.52%
Original Mortgage
$740,000
Outstanding Balance
$669,576
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$576,872

Purchase Details

Listed on
Dec 10, 2018
Closed on
Jan 8, 2019
Sold by
Speers Robert J and The Estate Of Robert D Wargo
Bought by
Pombal Builders Llc
Seller's Agent
AYTEN MAYER
WEICHERT REALTORS
Buyer's Agent
AYTEN MAYER
WEICHERT REALTORS
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.48%

Purchase Details

Closed on
Jan 17, 2000
Sold by
Cherry David
Bought by
Wargo Robert A
Source: Public Records

Range of Values:

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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
Katz Michael E $999,000 Foundation Title Llc
Pombal Builders Llc $400,000 Ats Title Agency Inc
Wargo Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Michael E $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $999,000 -4.9% $476 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $1,050,000 +162.5% $500 / Sq Ft
01/08/2019 01/08/19 Sold $400,000 +0.3% --
12/11/2018 12/11/18 Pending -- -- --
12/10/2018 12/10/18 For Sale $399,000 -- --
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
2024 $18,256 $421,900 $137,200 $284,700
2023 $18,256 $421,900 $137,200 $284,700
2022 $18,070 $421,900 $137,200 $284,700
2021 $18,213 $421,900 $137,200 $284,700
2020 $8,873 $203,500 $137,200 $66,300
2019 $8,883 $203,500 $137,200 $66,300
2018 $8,826 $203,500 $137,200 $66,300
2017 $8,883 $203,500 $137,200 $66,300
2016 $8,753 $203,500 $137,200 $66,300
2015 $8,582 $203,500 $137,200 $66,300
2014 $8,360 $203,500 $137,200 $66,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3628571

Garden State MLS

APN: 18-00106-0000-00005