NOT LISTED FOR SALE

16 Rotary Ln Summit, NJ 07901

Estimated Value: $1,915,000 - $2,129,000

4 Beds
3.5 Baths
2,914 Sq Ft
$686/Sq Ft Est. Value

Last Sold August 12, 2019

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

Est. 80% increase in value since last sale

Current estimated payment $12,612/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-
  • Tax Block *

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
$2,000,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,460
Avg. Annual Appreciation
9.43%
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 Change Sq Ft Price
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

    69 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

This home is located at 16 Rotary Ln, Summit, NJ 07901 since 17 May 2019 and is currently estimated at $2,000,220, approximately $686 per square foot. This property was built in 1960. 16 Rotary Ln is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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