NOT LISTED FOR SALE

176 Colonial Rd Summit, NJ 07901

Estimated Value: $975,000 - $1,122,000

3 Beds
1.5 Baths
-- Sq Ft
0.27 Acres

Last Sold June 28, 2021

Last sale price $801,000

Est. 29% increase in value since last sale

Current estimated payment $6,613/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • L C Johnson Summit Middle School Rated A+
  • Mud Room
  • 1 Car Attached Garage

About This Home

As of June 2021

Bright, well maintained 3 bedroom, 1.1 bath Colonial in great location and neighborhood! Eat in kitchen, adjacent to family room, formal dining room and living room with gas fireplace. 3 generous sized bedrooms with a full bath on the second level. Hardwood floors; generator. Expansive, level rear yard. Desirable neighborhood! Convenient walking distance to schools, train and town. Tremendous opportunity and potential for expansion - this is a must see!

Last Listed By

KAREN LYMAN

PROMINENT PROPERTIES SIR Listed on: 05/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,947

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Window Treatments
  • Mud Room
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Storage Shed

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2918-01301-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,947

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1952
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 176
  • Directions: Kent Place Boulevard to Colonial Road.
  • I D: 5061646
  • Modified: 2022-06-29
  • Number Images: 16
  • First Name: KAREN
  • First Name3: SARA
  • Last Name: LYMAN
  • Last Name3: PARKER-HENDERSON
  • Office Phone: 908-273-8088
  • Office Phone3: 908-376-2728
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Generator-Built-In, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr, Window Treatments
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 9x24
  • Kitchen Level: First
  • Living Room Dim: 18x12
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Dim: 6x5
  • Other Room1 Level: First
  • Other Room 2: PowderRm
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Dim: 6x8
  • Other Room3 Level: Second
  • Level 1 Rooms: Dining Room, Family Room, Kitchen, Living Room, MudRoom, OutEntrn, Pantry, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Barbeque, Storage Shed, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Schools

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

Lot Info

  • Lot Size: 65X180
  • Assessed Improvement Value: 93200
  • Assessed Land Value: 157900
  • Assessment: 251100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.27
  • Zoning: Residential

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10947
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01301-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 23, 2021
Sold by
Ward Robin E and Oliynik Robert G
Bought by
Lee Tom J and Evans Jordan P
Seller's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
Buyer's Agent
SARA PARKER HENDERSON
LOIS SCHNEIDER REALTOR
List Price
$725,000
Sold Price
$801,000
Premium/Discount to List
$76,000
10.48%
Total Days on Market
5
Current Estimated Value
$1,029,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,701
Original Mortgage
$622,400
Outstanding Balance
$576,829
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2019
Sold by
Ward Eleanor D
Bought by
Eleanor D Ward Veterns Ellhgibillity Tr

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
Lee Tom J $801,000 Chicago Title Company Llc
Eleanor D Ward Veterns Ellhgibillity Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Tom J $622,400
Previous Owner Ward Eleanor D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $801,000 +10.5% --
05/17/2021 05/17/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $725,000 -- --
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
2024 $10,865 $251,100 $157,900 $93,200
2023 $10,865 $251,100 $157,900 $93,200
2022 $10,755 $251,100 $157,900 $93,200
2021 $10,840 $251,100 $157,900 $93,200
2020 $10,948 $251,100 $157,900 $93,200
2019 $10,961 $251,100 $157,900 $93,200
2018 $10,890 $251,100 $157,900 $93,200
2017 $10,961 $251,100 $157,900 $93,200
2016 $10,800 $251,100 $157,900 $93,200
2015 $10,339 $251,100 $157,900 $93,200
2014 $10,065 $251,100 $157,900 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3710615

Garden State MLS

APN: 18-01301-0000-00007