NOT LISTED FOR SALE

2 The Summit Holmdel, NJ 07733

Estimated Value: $1,377,000 - $1,610,000

5 Beds
4.5 Baths
5,022 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $1,250,000 $249 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,477/month

78 Days on Market

Highlights

  • Heated Pool and Spa
  • Colonial Architecture
  • Wood Flooring
  • Village School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of October 2023

Where do I begin? This home has so many features! Beautiful hardwood floors grace the entire first floor. You can enjoy nature in the family room with so many windows! The beautiful kitchen has lots of cabinets and granite counters. Double oven, range top and wine refrigerator are all stainless steel. There is a part of the first floor that can easily be an in-law suite. It offers a private entrance, elevator to a three car garage, and a full bath which includes a fabulous whirlpool tub. There is plenty of living space for a bedroom and living room, and there is already a kitchenette in place with a granite counter and plenty of beautiful cabinets. Upstairs you will find 4 large bedrooms with ample closet space. The master bedroom has its own spectacular 4 piece bath adorned with mirrors throughout.
The basement seems to be never ending. There are rooms that can be a gym, playroom for the kids, and a media room, and a full bath. Lots of storage down here as well. The possibilities are endless.
The back yard oasis is the perfect place to enjoy the warm summer months. The heated pool can be enjoyed, even as the weather cools. There is a chairlift from the deck off the kitchen to to pool level for easier access. The owners have also installed a whole house generator. Close to beaches and golf courses!

Pool will be opened June 14. Drone to follow

Come see today! This home does not disappoint!

Last Agent to Sell the Property

Theresa Passanesi

Safari Realty License #1432092 Listed on: 06/05/2023

Last Buyer's Agent

Alex Bao

Realmart Realty LLC. License #1432291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,409

Year Built

  • Built in 1989

Lot Details

  • 0.9 Acre Lot
  • Fenced

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 5,022 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Crown Molding
  • 2 Fireplaces
  • Gas Fireplace
  • Bay Window
  • Sunken Living Room
  • Den
  • Washer

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible
  • Chairlift

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Deck

Schools

  • William R. Satz Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • The Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-00050-08-00035-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,409

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground, With Spa
  • Inclusions: Washer, Dishwasher, Microwave, Stove, Refrigerator, Gas Cooking, Generator
  • Subdivision Name: The Summit
  • Reso Accessibility Features: Wheelchair Access, Chair Lift
  • Architectural Style: Colonial
  • Reso Flooring: Other
  • Reso Interior Features: Dec Molding, Den, Elevator, In-Law Suite
  • New Construction: No
  • Year Built: 1989
  • Contract Info List PriceSqFt: 258.66
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.9
  • General Property Info Farm: No
  • Location Middle School: William R. Satz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Dec Molding: Yes
  • Interior Den: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Roof Timberline: Yes
  • Utilities Included Generator: Yes
  • Interior In-Law Suite: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Handicap Acc: Yes
  • Pool With Spa: Yes
  • Special Needs Wheelchair Access: Yes
  • Living Room BayBow Window2: Yes
  • Dining Room BayBow Window3: Yes
  • Foyer Dec Molding2: Yes
  • GreatFamily Room Sunken3: Yes
  • Special Needs Chair Lift: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Finished, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.9
  • Waterfront: No
  • Exclusions: Personal property
  • Construction Type: Brick
  • Exterior Features: Deck, Fence, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: William R. Satz

Lot Info

  • Lot Size Sq Ft: 39204.0
  • Parcel #: 20-00050-08-00035-02
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 20409.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Oct 12, 2023
Sold by
Gunn John Thomas
Bought by
Wang Xiaofeng and Liu Pei
Seller's Agent
Theresa Passanesi
Safari Realty
Buyer's Agent
Alex Bao
Realmart Realty LLC.
List Price
$1,475,000
Sold Price
$1,250,000
Premium/Discount to List
-$225,000
-15.25%
Views
276
Current Estimated Value
$1,508,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,840
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
May 23, 2023
Sold by
Christopher Gunn Supplemental Needs Trus
Bought by
Gunn John Thomas

Purchase Details

Closed on
Jun 25, 2015
Sold by
Gunn John and Gunn Ann
Bought by
Reitano Gina Marie and Christopher Gunn Supplemental Need Trust

Purchase Details

Closed on
Dec 27, 2012
Sold by
Princiotto Susan
Bought by
Gunn John and Gunn Ann
Source: Public Records
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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
Wang Xiaofeng $1,250,000 Hudson One Title
Gunn John Thomas -- Professional Abstract & Title
Gunn John Thomas -- Professional Abstract & Title
Reitano Gina Marie -- Attorney
Gunn John $990,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $1,250,000 -3.8% $249 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $1,299,000 -6.5% $259 / Sq Ft
07/04/2023 07/04/23 Price Changed $1,389,000 -5.8% $277 / Sq Ft
06/05/2023 06/05/23 For Sale $1,475,000 -- $294 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $19,700 $1,300,000 $537,300 $762,700
2024 $21,813 $1,250,000 $514,800 $735,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22314413

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00050-08-00035-02