NOT LISTED FOR SALE

2 Londonderry Way Summit, NJ 07901

Estimated Value: $1,813,000 - $2,255,000

5 Beds
4.5 Baths
-- Sq Ft
0.32 Acres

Last Sold August 03, 2018

Last sale price $1,325,000

Est. 57% increase in value since last sale

Current estimated payment $13,032/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Marble Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Attic

About This Home

As of August 2018

Custom built Northside Colonial. Kitchen renovated 2010 w/ granite countertops, high-end stainless steel appliances & herringbone heated floor. Updated bathrooms with marble finishes. Office rebuilt 2011 with custom cherry cabinetry. Family Room with custom built-in cabinetry and new gas fireplace, adjacent to Kitchen w/access to private terrace and patio. Expansive Lower Level with with Rec Room, fifth Bedroom with nearby full Bath, Wine Cellar with new cooling system, Laundry Room and access to 2-car heated Garage. New furnace and hot water heater, 2016. Extensive outdoor improvements throughout property.

Last Agent to Sell the Property

PAMELA HAYES

LOIS SCHNEIDER REALTOR Listed on: 05/02/2018

Last Buyer's Agent

KAREN LYMAN

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,565

Year Built

  • Built in 1931

Lot Details

  • 0.32 Acre Lot
  • Privacy Fence
  • Fenced
  • Corner Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Zoned Heating and Cooling
  • One Cooling System Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Radiant Heating System
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02305-0000-00013-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,565

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1931
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Dining Room Chandelier, Second Floor Staircase Chandelier, Safe
  • Directions: Essex Road to Londonderry Way
  • I D: 4799559
  • First Name: PAMELA
  • First Name3: KAREN
  • Last Name: HAYES
  • Last Name3: LYMAN
  • Office Phone: 908-277-1398
  • Office Phone3: 908-273-8088
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Stone, Tile, Marble, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Dryer, Sump Pump
  • Interior Amenities: Fire Alarm Sys, Security System, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 18x13
  • Kitchen Level: First
  • Living Room Dim: 21x17
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 17x11
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 15x10
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 20x17
  • Other Room3 Level: Ground
  • Other Room 4: Bedroom
  • Other Room4 Dim: 18x13
  • Other Room4 Level: Ground
  • Level 1 Rooms: Foyer, Office, Living Room, Dining Room, Powder Room, Sunroom, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Ground Level Rooms: 1 Bedroom, Laundry Room, Utility Room, Bath(s) Other, Rec Room
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Underground Lawn Sprinkler, Patio, Storm Door(s), Metal Fence, Storm Window(s), Curbs, Privacy Fence
  • Roof Description: Slate, Imitation Slate

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling, Central Air, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Electric, Radiators - Steam, Baseboard - Hotwater
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: .32
  • Easement: Unknown
  • Lot Description: Corner, Open Lot
  • Total Acres: 0.32

Tax Info

  • Tax Amount: 24565
  • Assessor Parcel Number: 2918-02305-0000-00013-0000-
  • Tax Rate Amount: 4.365
  • Tax Year: 2017

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 10, 2018
Sold by
Dickson Henry C and Dickson Ellen K
Bought by
Sears Christopher M and Sears Kerrin A
Seller's Agent
PAMELA HAYES
LOIS SCHNEIDER REALTOR
Buyer's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
List Price
$1,325,000
Sold Price
$1,325,000
Current Estimated Value
$2,085,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,481
Avg. Annual Appreciation
6.41%
Original Mortgage
$1,060,000
Outstanding Balance
$918,648
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,166,833

Purchase Details

Closed on
Feb 4, 2016
Sold by
Shelly Amy and Shelly Michael
Bought by
Dickson Henry C and Dickson Ellen K

Purchase Details

Listed on
Apr 18, 2013
Closed on
Apr 16, 2013
Sold by
Flanagan Robert M and Flanagan Linda
Bought by
Shelly Amy and Shelly Michael
Seller's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Buyer's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,000,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2000
Sold by
Viracola Michael and Viracola Susan
Bought by
Flanagan Robert M and Flanagan Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$963,075
Interest Rate
7.76%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Orlando James V and Foltz Kimberly A
Bought by
Viracola Michael and Viracola Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Minicus Robert G and Venosa Bridgette
Bought by
Orlando James and Foltz Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.65%
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
Sears Christopher M $1,325,000 Chicago Title Co Llc
Dickson Henry C $1,300,000 --
Shelly Amy $1,395,000 Agent For Chicago Title Insu
Flanagan Robert M $1,284,100 Chicago Title Insurance Co
Viracola Michael $1,250,000 Chicago Title Insurance Co
Orlando James $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sears Christopher M $1,060,000
Previous Owner Shelly Amy $1,000,000
Previous Owner Flanagan Robert M $963,075
Previous Owner Viracola Michael $750,000
Previous Owner Orlando James $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2018 08/03/18 Sold $1,325,000 0.0% --
05/10/2018 05/10/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,325,000 +1.9% --
04/28/2016 04/28/16 Sold $1,300,000 -3.7% -- View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $1,350,000 -3.2% --
04/18/2013 04/18/13 Sold $1,395,000 -- -- View Prior Sale
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 $24,485 $562,100 $206,300 $355,800
2024 $24,322 $562,100 $206,300 $355,800
2023 $24,322 $562,100 $206,300 $355,800
2022 $24,075 $562,100 $206,300 $355,800
2021 $24,266 $562,100 $206,300 $355,800
2020 $24,508 $562,100 $206,300 $355,800
2019 $24,536 $562,100 $206,300 $355,800
2018 $24,378 $562,100 $206,300 $355,800
2017 $24,536 $562,100 $206,300 $355,800
2016 $31,913 $742,000 $206,300 $535,700
2015 $31,290 $742,000 $206,300 $535,700
2014 $30,481 $742,000 $206,300 $535,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3466686

Garden State MLS

APN: 18-02305-0000-00013