$685,000
SOLD SEP 2, 2020

16 Woodfern Rd Summit, NJ 07901

3 Beds
2 Baths
-- Sq Ft
0.43 Acres

Recently Sold

2% Below List Price

27 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Formal Dining Room
  • L C Johnson Summit Middle School Rated A+
  • Sun or Florida Room
  • Thermal Windows

About This Home

As of January 2022

Great opportunity and potential. This North Summit Property in an area of Million Dollar Homes. Brick ranch on close to 1/2 acre of wooded property. Ideal for a contractor or handyman. Great location with highly rated schools and good commuter options. Minutes from Short Hills Mall, Rt. 24 & Summit Train. Features: eat-in kitchen; formal dining room; heated sunroom; basement with a recreation & laundry rooms; fireplace in the living room; oversized garage; large secluded upper backyard offering unlimited outdoor potential. Whether you are a handyman willing to do some freshening up including bathrooms or a contractor, the potential is great. House to be sold "As Is".

Last Agent to Sell the Property

Arthur Shlossman

EXP REALTY, LLC Listed on: 07/03/2020

EXP REALTY, LLC

Last Buyer's Agent

J.C. Gonzalez

BHGRE ELITE

BHGRE ELITE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,588

Year Built

  • Built in 1952

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

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

Additional Features

  • Accessible Bedroom
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 2918-02206-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,588

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1952
  • Year Built Description: Approximate
  • County Name: Union
  • Easements Description: RT 24
  • Street Number Display: 16
  • Directions: From Summit Center, Summit Ave to Oxbow-go right, Oxbow to Brantwood-thru stop sign, left on Arden Place, bear left on Woodfern, #16 is on right.
  • I D: 4995270
  • Modified: 2021-09-23
  • Number Images: 13
  • Section Subdiv Development: North Summit
  • First Name: ARTHUR
  • First Name3: J.C.
  • Last Name: SHLOSSMAN
  • Last Name3: GONZALEZ
  • Office Phone: 9084195678
  • Office Phone3: 908-316-8530
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, StallTub
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Bedroom 3 Level: Ground
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: GarEnter, Laundry Room, Leisure, Utility Room
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Den Level: Ground
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Other Room 1: Sunroom
  • Ground Level Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room, Sunroom
  • Phone: 866-201-6210

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Patio, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, Garage Under, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

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

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 60X194
  • Assessed Improvement Value: 121200
  • Assessed Land Value: 190100
  • Assessment: 311300
  • Easement: Yes
  • Lot Description: Cul-De-Sac, Irregular Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.43

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13588
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02206-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 1, 2020
Sold by
16 Woodfern Llc
Bought by
301 Garrett Llc
Seller's Agent
Arthur Shlossman
EXP REALTY, LLC
Buyer's Agent
J.C. Gonzalez
BHGRE ELITE
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$2,245,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,560,906
Avg. Annual Appreciation
26.39%
Original Mortgage
$635,000
Outstanding Balance
$562,475
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,683,431

Purchase Details

Closed on
Apr 27, 2020
Sold by
Lithgo Diane S and Lastt Will & Testament Of Juli
Bought by
16 Woodfern Llc

Purchase Details

Closed on
Feb 17, 1984
Bought by
Kozdras Julian R and Suma Teresa
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 Type Sale Price Title Company
Bargain Sale Deed $685,000 Warranty Title Agency Inc
Deed $507,500 Fidelity National Ttl Ins Co
Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $635,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $1,800,000 -5.2% --
12/13/2021 12/13/21 Pending -- -- --
12/02/2021 12/02/21 Price Changed $1,899,000 -4.5% --
11/09/2021 11/09/21 Price Changed $1,989,000 -4.8% --
11/04/2021 11/04/21 Price Changed $2,089,000 -6.1% --
10/11/2021 10/11/21 For Sale $2,225,000 +224.8% --
09/02/2020 09/02/20 Sold $685,000 -2.0% --
07/30/2020 07/30/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $699,000 -- --
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 $32,953 $756,500 $190,100 $566,400
2024 $32,734 $756,500 $190,100 $566,400
2023 $32,734 $756,500 $190,100 $566,400
2022 $13,333 $311,300 $190,100 $121,200
2021 $13,439 $311,300 $190,100 $121,200
2020 $13,573 $311,300 $190,100 $121,200
2019 $13,588 $311,300 $190,100 $121,200
2018 $13,501 $311,300 $190,100 $121,200
2017 $13,588 $311,300 $190,100 $121,200
2016 $13,389 $311,300 $190,100 $121,200
2015 $13,128 $311,300 $190,100 $121,200
2014 $12,788 $311,300 $190,100 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3645507

Garden State MLS

APN: 18-02206-0000-00007