NOT LISTED FOR SALE

16 N Summit Ave Chatham, NJ 07928

Estimated Value: $876,000 - $1,258,918

3 Beds
2 Baths
1,761 Sq Ft
$647/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $590,000 $335 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,939/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Chatham High School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of July 2020

Charm meets convenience in this 3 BD, 2 BA colonial on highly desirable tree-lined street in the heart of Chatham Boro. The 1st fl boasts a new renovated eat-in kit w/ SS appliances, hardwood floors throughout the spacious formal living room w/ a wood burning fireplace, formal dining room, and family room w/ 3 walls of windows bringing in abundant natural sunlight. The 2nd floor features 3 spacious bedrooms with hardwood floors and a brand new full bath with beautiful rain shower. A staircase leads to the wood floored attic space perfect for storage or can easily be finished to make a bonus room/office. The finished lower level has a laundry room, a brand new full bath, and walks out to a huge park like fenced yard. This home is in close proximity to shopping, NYC train and all major highways.

Last Agent to Sell the Property

Kim Panes

WEICHERT REALTORS Listed on: 02/20/2020

WEICHERT REALTORS

Last Buyer's Agent

David Forgione

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,847

Year Built

  • Built in 1907

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Milton Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 2304-00054-0000-00027-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,847

Year Built

Built in 1907

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1907
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: MAIN STREET TO NORTH HILLSIDE, HOUSE ON RIGHT
  • I D: 4960920
  • First Name: KIM
  • First Name3: DAVID
  • Last Name: PANES
  • Last Name3: FORGIONE
  • Office Phone3: 973-635-5555 ext 305
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallTub, TubShowr
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Bath(s) Other, Family Room, Laundry Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 17x11
  • Kitchen Level: First
  • Living Room Dim: 17x13
  • Living Room Level: First
  • Other Room 1: Attic
  • Level 1 Rooms: Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Deck, Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 50X123
  • Easement: Unknown
  • Lot Description: Level Lot
  • 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: 11847
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00054-0000-00027-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.104
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Milton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jun 23, 2020
Sold by
Lynx Asset Services Llc
Bought by
Grauer Evan and Grauer Renee Jacobs
Seller's Agent
Kim Panes
WEICHERT REALTORS
Buyer's Agent
David Forgione
TURPIN REAL ESTATE, INC.
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$1,138,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,980
Avg. Annual Appreciation
12.42%
Original Mortgage
$472,000
Outstanding Balance
$417,604
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$721,376

Purchase Details

Closed on
Sep 5, 2019
Sold by
Kretten Kurt and Kretten Lori
Bought by
Lynx Asset Services Llc

Purchase Details

Closed on
Jul 27, 1995
Sold by
Safran Carol L
Bought by
Rosowicz Adam J and Rosowicz Christine M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grauer Evan $590,000 Hilltop Title Llc
Lynx Asset Services Llc -- None Available
Rosowicz Adam J $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grauer Evan $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2020 07/03/20 Sold $590,000 -1.5% $335 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $599,000 -- $340 / Sq Ft
Source: Garden State MLS

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 $13,072 $807,400 $542,100 $265,300
2024 $12,547 $807,400 $542,100 $265,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3617899

Garden State MLS

APN: 04-00054-0000-00027

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