NOT LISTED FOR SALE

16 Lee Ln Summit, NJ 07901

Estimated Value: $1,514,000 - $1,944,626

4 Beds
5 Baths
3,926 Sq Ft
$431/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $1,500,000 $382 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,871/month

15 Days on Market

About This Home

As of August 2024

This home is located at 16 Lee Ln, Summit, NJ 07901 since 26 June 2024 and is currently estimated at $1,693,907, approximately $431 per square foot. 16 Lee Ln is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Natalie Schickel

WEICHERT REALTORS Brokerage Phone: 908-654-7777 Listed on: 06/26/2024

WEICHERT REALTORS

Last Buyer's Agent

Scott Shuman

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,548

Lot Details

  • 0.45 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,548

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 16
  • I D: 5295353
  • Modified: 2024-08-09
  • Number Images: 48
  • Attribution Contact: 908-654-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .448 AC
  • Total Acres: 0.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 5, 2024
Sold by
Schickel Joseph P and Schickel Natalie V
Bought by
Barrett Conor Dominic and Wong Man Piu
Seller's Agent
Natalie Schickel
WEICHERT REALTORS
Buyer's Agent
Scott Shuman
KELLER WILLIAMS REALTY
List Price
$1,300,000
Sold Price
$1,500,000
Premium/Discount to List
$200,000
15.38%
Views
88
Current Estimated Value
$1,657,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,461
Avg. Annual Appreciation
8.51%
Original Mortgage
$600,000
Outstanding Balance
$583,546
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,042,768

Purchase Details

Closed on
Sep 30, 2008
Sold by
Offerman Mark and Jeffrey Hartlaub R
Bought by
Schickel Joseph and Schickel Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1994
Sold by
Hartlaub R Jeffrey
Bought by
Offerman Mark and Berenger Donald
Source: Public Records

Range of Values:

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
Barrett Conor Dominic $1,500,000 Surety Title
Schickel Joseph $1,100,000 None Available
Offerman Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Conor Dominic $600,000
Previous Owner Schickel Joseph P $100,000
Previous Owner Schickel Joseph P $765,600
Previous Owner Schickel Joseph $249,999
Previous Owner Schickel Joseph $729,750
Previous Owner Schickel Joseph P $100,000
Previous Owner Schickel Joseph $825,000
Previous Owner Offerman Mark $828,000
Previous Owner Offerman Mark N $235,000
Previous Owner Offerman Mark $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $1,500,000 +15.4% $382 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,300,000 -- $331 / 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
2024 $21,548 $510,000 $283,600 $226,400
2023 $21,548 $510,000 $283,600 $226,400
2022 $21,415 $510,000 $283,600 $226,400
2021 $21,298 $510,000 $283,600 $226,400
2020 $21,410 $510,000 $283,600 $226,400
2019 $24,498 $586,500 $283,600 $302,900
2018 $23,988 $586,500 $283,600 $302,900
2017 $23,420 $579,700 $283,600 $296,100
2016 $23,008 $579,700 $283,600 $296,100
2015 $22,881 $579,700 $283,600 $296,100
2014 $22,284 $579,700 $283,600 $296,100
Source: Public Records

Agents Affiliated with this Home

  • Natalie Schickel

    Seller's Agent in 2024

    Natalie Schickel

    WEICHERT REALTORS

    (908) 868-6876

    2 in this area

    45 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Scott Shuman

    KELLER WILLIAMS REALTY

    (862) 812-3237

    15 in this area

    368 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3910001

Garden State MLS

APN: 01-03905-0000-00002

New Jersey Union County Summit 07901

16 Lee Ln, Summit, NJ

This home is located at 16 Lee Ln, Summit, NJ 07901 since 26 June 2024 and is currently estimated at $1,693,907, approximately $431 per square foot. 16 Lee Ln is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

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