NOT LISTED FOR SALE

17 O Shea Ln Summit, NJ 07901

Estimated Value: $1,443,000 - $2,113,000

5 Beds
3 Baths
3,376 Sq Ft
$557/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $1,535,000 $455 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,731/month

About This Home

As of November 2023

This home is located at 17 O Shea Ln, Summit, NJ 07901 since 06 November 2023 and is currently estimated at $1,881,434, approximately $557 per square foot. This property was built in 2000. 17 O Shea 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.

Last Agent to Sell the Property

LAURA DEUTSCH

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-8808 Listed on: 11/06/2023

Last Buyer's Agent

RACHEL FRANK

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.6 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Year Built: 2000
  • County Name: Union
  • I D: 5254499
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .596
  • Total Acres: 0.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Oct 27, 2023
Sold by
Harris Philip
Bought by
Karim Farhan and Merchant Ruhi
Seller's Agent
LAURA DEUTSCH
KELLER WILLIAMS REALTY
Buyer's Agent
RACHEL FRANK
PROMINENT PROPERTIES SIR
List Price
$1,535,000
Sold Price
$1,535,000
Current Estimated Value
$1,881,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,434
Avg. Annual Appreciation
9.88%
Original Mortgage
$1,220,000
Outstanding Balance
$1,197,423
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$684,011

Purchase Details

Closed on
Jan 26, 2001
Sold by
Charles Louis Custom Homes Inc
Bought by
Harris Philip and Harris Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.08%

Purchase Details

Closed on
Nov 22, 1999
Sold by
Wernsing Donald H and Wernsing Mary Ellen
Bought by
Charles Louis Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 1997
Sold by
Fairchild Construction Co Inc
Bought by
Wernsing Donald H and Wernsing Mary Ellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Karim Farhan $1,535,000 Acres Land Title
Karim Farhan $1,535,000 Acres Land Title
Harris Philip $650,000 --
Charles Louis Custom Homes Inc $200,000 --
Wernsing Donald H $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karim Farhan $1,220,000
Closed Karim Farhan $1,220,000
Previous Owner Harris Philip $520,000
Previous Owner Charles Louis Custom Homes Inc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $1,535,000 0.0% $455 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $1,535,000 -- $455 / 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 $22,821 $523,900 $179,100 $344,800
2024 $21,804 $523,900 $179,100 $344,800
2023 $21,804 $503,900 $179,100 $324,800
2022 $21,582 $503,900 $179,100 $324,800
2021 $21,753 $503,900 $179,100 $324,800
2020 $21,970 $503,900 $179,100 $324,800
2019 $21,995 $503,900 $179,100 $324,800
2018 $21,854 $503,900 $179,100 $324,800
2017 $21,995 $503,900 $179,100 $324,800
2016 $21,673 $503,900 $179,100 $324,800
2015 $21,249 $503,900 $179,100 $324,800
2014 $20,700 $503,900 $179,100 $324,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    LAURA DEUTSCH

    KELLER WILLIAMS REALTY

  • R

    Buyer's Agent in 2023

    RACHEL FRANK

    PROMINENT PROPERTIES SIR

  • S

    Buyer Co-Listing Agent in 2023

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    58 in this area

    114 Total Sales

    Suzanne Lear
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Map

Source: Garden State MLS

MLS Number: 3873284

Garden State MLS

APN: 18-01405-0000-00015-09

New Jersey Union County Summit 07901

17 O Shea Ln, Summit, NJ

Not Listed for Sale

Detached

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