NOT LISTED FOR SALE

16 Rotary Ln Summit, NJ 07901

Estimated Value: $1,430,000 - $2,257,000

4 Beds
3.5 Baths
2,914 Sq Ft
$653/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $1,112,760 $382 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $12,081/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Sun or Florida Room

About This Home

As of August 2019

Nestled in the Rolling Hills section of the Franklin school district, this lovingly maintained, 4 bed/3.5 bath Split Colonial beckons you home. Inviting floor plan features bright, formal living room with beautiful built-in bookshelves, WB fireplace and gleaming HW floors. Continue into formal DR, den and light-filled sunroom with vaulted ceiling. Large eat-in kitchen overlooks outdoor deck and beautifully landscaped .4 acre lot with sprinkler system. Second floor features 2 bathrooms and 3 spacious BRs with generous closet space. Enormous master ensuite completes the 3rd floor. Lower level features powder room, laundry room, mudroom, finished basement all with easy access to over-sized 2-car garage. Whole house generator and CAC. Welcome home!

Last Agent to Sell the Property

Heather Kandawire

KELLER WILLIAMS - NJ METRO GROUP Listed on: 05/17/2019

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

KATHRYN MASTERS

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,482

Year Built

  • Built in 1960

Lot Details

  • 0.41 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,914 Sq Ft Home
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Franklin Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2918-05302-0000-00007-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,482

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 16
  • Directions: Ashland to Rotary Dr to Rotary Lane
  • I D: 4894619
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Rolling Hills
  • First Name: HEATHER
  • First Name3: KATHRYN
  • Last Name: KANDAWIRE
  • Last Name3: MASTERS
  • Office Phone: 973-783-7400
  • Office Phone3: 100593
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, CookElec, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Utility Room, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Den
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Level: Ground
  • Level 1 Rooms: Den, Living Room, Dining Room, Sunroom, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Estimated Sq Ft: 2914
  • Ground Level Rooms: Laundry Room, MudRoom, Powder Room
  • Phone: 973-783-7400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Franklin

Lot Info

  • Lot Size: 0.414
  • Assessed Improvement Value: 270000
  • Assessed Land Value: 294500
  • Assessment: 564500
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.41

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 24482
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05302-0000-00007-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 11, 2019
Sold by
Rothkopf Bates Marissa and Rothkopf Carol Z
Bought by
Regen Jonathan and Regen Kristin
Seller's Agent
Heather Kandawire
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
KATHRYN MASTERS
KELLER WILLIAMS METROPOLITAN
List Price
$1,025,000
Sold Price
$1,112,760
Premium/Discount to List
$87,760
8.56%
Current Estimated Value
$1,903,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,785
Avg. Annual Appreciation
8.94%
Original Mortgage
$778,932
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Regen Jonathan $1,112,760 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regen Jonathan $778,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2019 08/12/19 Sold $1,112,760 +8.6% $382 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $1,025,000 -- $352 / 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 $24,590 $564,500 $294,500 $270,000
2024 $24,426 $564,500 $294,500 $270,000
2023 $24,426 $564,500 $294,500 $270,000
2022 $24,178 $564,500 $294,500 $270,000
2021 $24,369 $564,500 $294,500 $270,000
2020 $24,612 $564,500 $294,500 $270,000
2019 $24,640 $564,500 $294,500 $270,000
2018 $24,482 $564,500 $294,500 $270,000
2017 $24,640 $564,500 $294,500 $270,000
2016 $24,279 $564,500 $294,500 $270,000
2015 $23,555 $564,500 $294,500 $270,000
2014 $22,940 $564,500 $294,500 $270,000
Source: Public Records

Agents Affiliated with this Home

  • Heather Kandawire

    Seller's Agent in 2019

    Heather Kandawire

    KELLER WILLIAMS - NJ METRO GROUP

    (917) 514-8507

    71 Total Sales

    Heather Kandawire
    Section Image

  • K

    Buyer's Agent in 2019

    KATHRYN MASTERS

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3557748

Garden State MLS

APN: 18-05302-0000-00007

New Jersey Union County Summit 07901

16 Rotary Ln, Summit, NJ

Not Listed for Sale

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