$400,000
SOLD JAN 8, 2019

16 Iris Rd Summit, NJ 07901

2 Beds
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

1 Day on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Ceiling Fan
  • L C Johnson Summit Middle School Rated A+
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2020

This home is located at 16 Iris Rd, Summit, NJ 07901 and is currently priced at $400,000. 16 Iris 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.

Last Agent to Sell the Property

AYTEN MAYER

WEICHERT REALTORS Listed on: 12/10/2018

Last Buyer's Agent

AYTEN MAYER

WEICHERT REALTORS Listed on: 12/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,825

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Standard Electricity

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,825

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 16
  • Directions: River road to Iris
  • I D: 4861781
  • Modified: 2020-01-09
  • Number Images: 1
  • First Name: AYTEN
  • First Name3: AYTEN
  • Last Name: MAYER
  • Last Name3: MAYER
  • Office Phone: 908-277-1200
  • Office Phone3: 908-277-1200
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Number Rooms: 4
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Not Eat-In Kitchen
  • Phone: 908-277-1200

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Window A/C(s), Ceiling Fan, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X125
  • Assessed Improvement Value: 66300
  • Assessed Land Value: 137200
  • Assessment: 203500
  • Easement: Unknown
  • 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: *
  • Tax Amount: 8825
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00106-0000-00005-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

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
$1,339,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,911
Avg. Annual Appreciation
5.85%
Original Mortgage
$740,000
Outstanding Balance
$656,432
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$683,479

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 Type Sale Price Title Company
Deed $999,000 Foundation Title Llc
Bargain Sale Deed $400,000 Ats Title Agency Inc
Executors Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $740,000 New Conventional
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
2025 $18,378 $421,900 $137,200 $284,700
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

  • A

    Seller's Agent in 2020

    AYTEN MAYER

    WEICHERT REALTORS

  • A

    Buyer's Agent in 2020

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3524030

Garden State MLS

APN: 18-00106-0000-00005

New Jersey Union County Summit 07901

16 Iris Rd, Summit, NJ

This home is located at 16 Iris Rd, Summit, NJ 07901 and is currently priced at $400,000. 16 Iris 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.

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