NOT LISTED FOR SALE

2 Summit Terrace N Kinnelon, NJ 07405

Estimated Value: $782,000 - $899,000

4 Beds
2.5 Baths
2,729 Sq Ft
$310/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $604,000 $221 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,003/month

20 Days on Market

Highlights

  • Lake Privileges
  • Deck
  • Recreation Room
  • Stonybrook School Rated A-
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of December 2022

Nestled Within the Outcroppings in this 24-Hour Guard Gated Smoke Rise Community you will find this Well-Maintained Custom Contemporary Home with a Dynamic Floor Plan to fit today's lifestyle. Features Include a Double Door Entry into a Large Foyer that is open to a Formal Living Room with a Brick Fireplace and a Formal Dining Room with a Vaulted Ceiling and a Sliding Glass door to a Deck to Enjoy the Tranquility of the Beautiful Backyard. The Family Room offers Ample Space with Custom Paneling and is open to the Eat in Kitchen with an Electric Range, Dishwasher, Microwave and a Separate Dining Area with Sliding Glass Doors to a Deck to Enjoy that Morning Cup of Coffee/Tea. Main Level Laundry Room and Powder Room for your Convenience. A few Steps up you will find the Primary Bedroom Suite and a Primary Bathroom and a Vanity area with a Shower Stall. Three additional Bedrooms and a Full Bathroom with a Tub/Shower. Fabulous Finished Lower Level with a Recreation Room, Office and Ample Storage Areas. This Wonderful House is just waiting for you to put your own Stamp on it to make this your Perfect Dream Home. HARDWOOD FLOORS UNDER THE CARPET IN THE LIVING ROOM, DINING ROOM AND BEDROOMS. Close to East & North Gate, Swimming Lake, The Smoke Rise Inn, Schools, Major Highways, Restaurants, Golf Courses, Parks, Public Transporation and only approx. 30 miles from New York City. Kinnelon Schools are top Rated Schools Year After Year. Make this your First and only Stop!!

Last Agent to Sell the Property

CINDY GALLAGHER

COLDWELL BANKER REALTY Brokerage Phone: 973-714-3897 Listed on: 08/02/2022

Last Buyer's Agent

Kushtrim Morina

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,316

Year Built

  • Built in 1970

Lot Details

  • 1.33 Acre Lot
  • Wooded Lot

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Tile

Interior Spaces

  • 2,729 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio

Schools

  • Stonybrook Elementary School
  • Pearlmillr Middle School
  • Kinnelon High School

Utilities

  • Zoned Heating
  • Standard Electricity
  • Well
  • Electric Water Heater
  • Water Softener Leased
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2315-11303-0000-00123-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Recreation

  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,316

Year Built

Built in 1970

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Style: Contemporary
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1970
  • Year Built Description: Standing
  • County Name: Morris
  • Easements Description: Unknown
  • Street Number Display: 2
  • Directions: Longmeadow Rd to Gravel Hill Rd to Brush Hill Rd to Right onto Summit Ter North # 2
  • I D: 5163354
  • Modified: 2023-12-10
  • Number Images: 36
  • Section Subdiv Development: Smoke Rise
  • First Name: CINDY
  • First Name3: KUSHTRIM
  • Last Name: GALLAGHER
  • Last Name3: MORINA
  • Office Phone: 973-283-7725
  • Office Phone3: 973-838-6200
  • Attribution Contact: 973-714-3897
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer, Water Softener-Rnt
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr
  • Number Rooms: 12
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Office, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: Basement
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: First
  • Other Room 4: Foyer
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 2729
  • Phone: 973-838-9300

Exterior Features

  • Exterior Description: CedarSid
  • Exterior Features: Deck, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 8
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Jogging/Biking Path, Lake Privileges, Playground
  • Association Maintenance Fee: 320
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: R

Schools

  • Elementary School: Stonybrook
  • Middle School: Pearlmillr
  • High School: Kinnelon
  • High School: Kinnelon
  • Middle Jr High School: Pearlmillr

Lot Info

  • Lot Size: 1.33 AC
  • Assessed Improvement Value: 300100
  • Assessed Land Value: 240000
  • Assessment: 540100
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 123
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.33

Rental Info

  • Application Fee: 6250
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 14316
  • Assessor Parcel Number: 2315-11303-0000-00123-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.697
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022

MLS Schools

  • Grade School: Stonybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Dec 8, 2022
Sold by
Haller Carolyn I
Bought by
Namrata Patel Revocable Trust
Seller's Agent
CINDY GALLAGHER
COLDWELL BANKER REALTY
Buyer's Agent
Kushtrim Morina
WEICHERT REALTORS
List Price
$599,000
Sold Price
$604,000
Premium/Discount to List
$5,000
0.83%
Views
8
Current Estimated Value
$804,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,721
Avg. Annual Appreciation
11.34%
Source: Public Records

Range of Values:

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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
Namrata Patel Revocable Trust $604,000 Westcor Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $604,000 +0.8% $221 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $599,000 -- $219 / 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
2024 $15,323 $540,100 $240,000 $300,100
2023 $15,323 $540,100 $240,000 $300,100
2022 $14,317 $540,100 $240,000 $300,100
2021 $14,317 $540,100 $240,000 $300,100
2020 $14,296 $540,100 $240,000 $300,100
2019 $13,967 $540,100 $240,000 $300,100
2018 $13,681 $540,100 $240,000 $300,100
2017 $13,448 $540,100 $240,000 $300,100
2016 $14,194 $436,600 $200,000 $236,600
2015 $13,381 $436,600 $200,000 $236,600
2014 $13,149 $436,600 $200,000 $236,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3799959

Garden State MLS

APN: 15-11303-0000-00123