J
Seller's Agent in 2023
JILL BRAY
PROMINENT PROPERTIES SIR
2 Lorraine Rd Summit, NJ 07901
5
Beds
4.5
Baths
--
Sq Ft
9,583
Sq Ft Lot
Highlights
- Colonial Architecture
- Recreation Room
- Attic
- L C Johnson Summit Middle School Rated A+
- Wood Flooring
- Corner Lot
About This Home
As of April 2023Absolutely charming center hall Colonial located in prime Lincoln-Hubbard Elementary School district. Just blocks to downtown w/ Mid-Town Direct Train service. Bright & sunny home w/ an abundance of natural light & hardwood floors throughout. 3- story addition & top to bottom renovation (2006) w/ extensive enhancements in subsequent years. Gourmet Kitchen w/ granite countertops, high end appliances & custom cabinetry w/ views of private rear yard. 1st Floor Family Rm. w/ 9' plus coffered ceiling, transom-topped windows on 3 sides & custom built-in media center. Two MBR Suites on second floor as well as third ensuite BR on 3rd Floor providing versatility. Expansive Lower Level w/ Recreation Rm, Exercise Rm/ Yoga Studio, Laundry Center & walk-out to parking court.
Last Agent to Sell the Property
REGINA M MCAULEY
LOIS SCHNEIDER REALTOR Listed on: 03/20/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,225
Year Built
- Built in 1935
Lot Details
- 9,583 Sq Ft Lot
- Corner Lot
- Level Lot
- Open Lot
- Irregular Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Clapboard
Interior Spaces
- Wet Bar
- Sound System
- Beamed Ceilings
- Thermal Windows
- Blinds
- Family Room with entrance to outdoor space
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Utility Room
- Laundry Room
- Home Gym
- Attic
Kitchen
- Electric Oven or Range
- Recirculated Exhaust Fan
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
- Powder Room
- Separate Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Storm Windows
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Lincoln-Hubbard Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Radiator
- Radiant Heating System
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-01203-0000-00046-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2023
Closed on
Mar 22, 2023
Sold by
Sanders Corey and Sanders Jaclyn
Bought by
Tavakoli Shaud and Javaid Nida
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$1,899,000
Sold Price
$1,899,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,750
Avg. Annual Appreciation
10.36%
Original Mortgage
$1,708,910
Outstanding Balance
$1,658,733
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$764,017
Purchase Details
Listed on
Mar 20, 2017
Closed on
Jul 13, 2017
Sold by
Winns Scott W and Mitchell Gayle
Bought by
Sanders Corey and Lasaracina Jaclyn
Seller's Agent
REGINA M MCAULEY
LOIS SCHNEIDER REALTOR
Buyer's Agent
Victoria Carter
WEICHERT REALTORS
List Price
$1,550,000
Sold Price
$1,492,500
Premium/Discount to List
-$57,500
-3.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$1,100,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 1986
Bought by
Winn Scott and Winn Gayle M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,899,000 | Chicago Title | |
| Bargain Sale Deed | $1,899,000 | Chicago Title | |
| Deed | $1,492,500 | Suburban Title | |
| Deed | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,708,910 | New Conventional | |
| Closed | $1,708,910 | New Conventional | |
| Previous Owner | $1,100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $1,899,000 | 0.0% | -- |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $1,899,000 | +27.2% | -- |
| 07/13/2017 07/13/17 | Sold | $1,492,500 | -3.7% | -- |
| 05/11/2017 05/11/17 | Pending | -- | -- | -- |
| 03/20/2017 03/20/17 | For Sale | $1,550,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $29,599 | $679,500 | $212,600 | $466,900 |
| 2024 | $29,402 | $679,500 | $212,600 | $466,900 |
| 2023 | $29,402 | $679,500 | $212,600 | $466,900 |
| 2022 | $29,103 | $679,500 | $212,600 | $466,900 |
| 2021 | $29,334 | $679,500 | $212,600 | $466,900 |
| 2020 | $29,626 | $679,500 | $212,600 | $466,900 |
| 2019 | $29,660 | $679,500 | $212,600 | $466,900 |
| 2018 | $29,470 | $679,500 | $212,600 | $466,900 |
| 2017 | $29,660 | $679,500 | $212,600 | $466,900 |
| 2016 | $29,225 | $679,500 | $212,600 | $466,900 |
| 2015 | $28,655 | $679,500 | $212,600 | $466,900 |
| 2014 | $27,914 | $679,500 | $212,600 | $466,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2023
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
-
R
Seller's Agent in 2017
REGINA M MCAULEY
LOIS SCHNEIDER REALTOR
-
Victoria Carter
V
Buyer's Agent in 2017
Victoria Carter
WEICHERT REALTORS
(973) 376-6748
14 in this area
499 Total Sales
Map
Source: Garden State MLS
MLS Number: 3372375
APN: 18-01203-0000-00046
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