NOT LISTED FOR SALE

16 Sunset Dr Summit, NJ 07901

Estimated Value: $3,176,637 - $4,096,000

5 Beds
5.5 Baths
1,348 Sq Ft
$2,725/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $2,400,000 $1,780 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $22,857/month

36 Days on Market

Highlights

  • Media Room
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Colonial Architecture
  • Recreation Room

About This Home

As of June 2018

LIght-filled and great flow describe this updated 5 bedrm 5.1 bath Center Hall Colonial. The open concept renovated kitchen /family room exits to the large private backyard The remainder of the first floor has generously sized LR w/fireplace, DR w/butler pantry, library w/ custom built-ins, a large laundry room off the back staircase,large pantry, mudroom with custom cubbies, attached 3 car garage and bedroom and full bath off the kitchen. The walk-out basement has a media room, exercise room, game room, 500 bottle wine cellar, rec area and full bathroom. The second floor has the master suite, which includes an office, sitting room, two walk-in closets and large bathroom. The second and third bedrooms are connected by a jack and jill bath.The 4th bedroom has an ensuite bath

Last Agent to Sell the Property

Maura Elia

PROMINENT PROPERTIES SIR Listed on: 02/07/2018

Last Buyer's Agent

KATHLEEN BARRETT

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,440

Year Built

  • Built in 2003

Lot Details

  • 0.66 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Tile

Interior Spaces

  • Wet Bar
  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Library
  • Recreation Room
  • Game Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump
  • French Drain

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating System
  • Underground Utilities
  • Generator Hookup

Listing and Financial Details

  • Assessor Parcel Number 2918-02902-0000-00007-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,440

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2003
  • County Name: Union
  • Exclusions: see listing agent
  • Directions: Blackburn Road to Sunset or Division to Sunset
  • I D: 4774402
  • First Name: MAURA
  • First Name3: KATHLEEN
  • Last Name: ELIA
  • Last Name3: BARRETT
  • Office Phone: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Central Vacuum, Range/Oven-Gas, Generator-Hookup, Refrigerator, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Intercom, Bar-Wet, Fire Alarm Sys, Carbon Monoxide Detector, High Ceilings, Stereo System, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Stall Shower, Jetted Tub
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, French Drain, Finished
  • Basement Level Rooms: Utility Room, Walkout, GameRoom, Outside Entrance, Exercise Room, Bath(s) Other, Media Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 25x16
  • Kitchen Level: First
  • Living Room Dim: 14x19
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 11x14
  • Other Room1 Level: Second
  • Other Room 2: Library
  • Other Room2 Dim: 14x14
  • Other Room2 Level: First
  • Other Room 3: Game Room
  • Other Room3 Dim: 15x24
  • Other Room3 Level: Basement
  • Other Room 4: Media Room
  • Other Room4 Dim: 15x24
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Laundry Room, MudRoom, Library, Living Room, Pantry, Dining Room, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Office, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Underground Lawn Sprinkler, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 0.663
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.66

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 43440
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02902-0000-00007-0000-
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Jun 27, 2018
Sold by
Perry Christopher J and Perry Patricia L
Bought by
Shrestha Abhaya and Shrestha Reva
Seller's Agent
Maura Elia
PROMINENT PROPERTIES SIR
Buyer's Agent
KATHLEEN BARRETT
PROMINENT PROPERTIES SIR
List Price
$2,349,000
Sold Price
$2,400,000
Premium/Discount to List
$51,000
2.17%
Current Estimated Value
$3,672,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,272,879
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,500,000
Outstanding Balance
$1,302,848
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$2,370,031

Purchase Details

Closed on
Dec 17, 2003
Sold by
Parker Nilsen Building Investm
Bought by
Perry Christopher and Perry Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.86%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Farber David N and Farber Phyllis
Bought by
Mink Marc A and Mink Susan Ward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shrestha Abhaya $2,400,000 Old Republic National Title
Perry Christopher $2,100,000 --
Mink Marc A $675,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrestha Abhaya $1,500,000
Previous Owner Perry Christopher $1,400,000
Previous Owner Mink Marc A $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $2,400,000 +2.2% $1,780 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $2,349,000 -- $1,743 / 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 $43,351 $995,200 $292,600 $702,600
2024 $43,062 $995,200 $292,600 $702,600
2023 $43,062 $995,200 $292,600 $702,600
2022 $42,624 $995,200 $292,600 $702,600
2021 $42,963 $995,200 $292,600 $702,600
2020 $43,391 $995,200 $292,600 $702,600
2019 $43,440 $995,200 $292,600 $702,600
2018 $43,162 $995,200 $292,600 $702,600
2017 $43,440 $995,200 $292,600 $702,600
2016 $42,804 $995,200 $292,600 $702,600
2015 $41,968 $995,200 $292,600 $702,600
2014 $40,883 $995,200 $292,600 $702,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maura Elia

    PROMINENT PROPERTIES SIR

    (908) 273-8808

    11 in this area

    14 Total Sales

    Maura Elia
    Section Image

  • K

    Buyer's Agent in 2018

    KATHLEEN BARRETT

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3445057

Garden State MLS

APN: 18-02902-0000-00007

New Jersey Union County Summit 07901

16 Sunset Dr, Summit, NJ

Not Listed for Sale

Detached

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