NOT LISTED FOR SALE

20 Colt Rd Summit, NJ 07901

Estimated Value: $2,672,000 - $4,071,000

6 Beds
6 Baths
3,400 Sq Ft
$983/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $2,800,000 $824 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $21,767/month

Highlights

  • Conservatory Room
  • Family Room with Fireplace
  • Cathedral Ceiling
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Wood Flooring

About This Home

As of September 2021

This home is located at 20 Colt Rd, Summit, NJ 07901 since 15 September 2021 and is currently estimated at $3,342,396, approximately $983 per square foot. This property was built in 1930. 20 Colt Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

ALLISON B LEES

PROMINENT PROPERTIES SIR Listed on: 09/15/2021

Co-Listed By

LINDA PECK

PROMINENT PROPERTIES SIR

Last Buyer's Agent

LINDA PECK

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,439

Year Built

  • Built in 1930

Lot Details

  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Tudor Architecture
  • Wood Shingle Roof
  • Stone Siding
  • Tile

Interior Spaces

  • Sound System
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Conservatory Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 2918-03102-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,439

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 20
  • Directions: Springfield Avenue to Blackburn Road, left on Colt Road. For comp purposes only.
  • I D: 5102694
  • Modified: 2022-09-16
  • Number Images: 19
  • Section Subdiv Development: Woodland Park
  • First Name: ALLISON B
  • First Name2: LINDA
  • First Name3: LINDA
  • First Name4: ALLISON B
  • Last Name: LEES
  • Last Name2: PECK
  • Last Name3: PECK
  • Last Name4: LEES
  • Office Phone: 250627
  • Office Phone2: 908-377-8036
  • Office Phone3: 908-377-8036
  • Office Phone4: 250627
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Stone, Tile, Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Beam Ceilings, Blinds, Cathedral Ceiling, Cedar Closets, Fire Alarm Sys, Security System, Smoke Detector, StallShw, Stereo System, Walk-In Closet, Window Treatments
  • Number Rooms: 13
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: GameRoom, Laundry Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 18x23
  • Kitchen Level: First
  • Living Room Dim: 15x21
  • Living Room Level: First
  • Other Room 1: Conservatory
  • Other Room1 Dim: 13x15
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Dim: 13x14
  • Other Room2 Level: Second
  • Other Room 3: Bedroom
  • Other Room3 Dim: 15x30
  • Other Room3 Level: Third
  • Other Room 4: Bedroom
  • Other Room4 Dim: 11x12
  • Other Room4 Level: Third
  • Level 1 Rooms: Conservatory, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, MudRoom, Office, OutEntrn, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other, Office, SittngRm
  • Level 3 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Stone, Stucco
  • Exterior Features: Barbeque, Patio, Underground Lawn Sprinkler
  • Roof Description: Wood Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Electric, Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room

Schools

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

Lot Info

  • Lot Size: .568
  • Assessed Improvement Value: 740600
  • Assessed Land Value: 370400
  • Assessment: 1111000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 48439
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03102-0000-00004-0000-
  • 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: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 13, 2021
Sold by
Olson Bradley M and Olson Michelle A
Bought by
Tasch Noam and Tasch Hadas O
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
List Price
$2,750,000
Sold Price
$2,800,000
Premium/Discount to List
$50,000
1.82%
Current Estimated Value
$3,243,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,935
Avg. Annual Appreciation
3.42%
Original Mortgage
$2,240,000
Outstanding Balance
$2,055,923
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,137,698

Purchase Details

Closed on
Jul 14, 2003
Sold by
Blair David
Bought by
Olson Bradley and Olsen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.52%
Source: Public Records

Range of Values:

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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
Tasch Noam $2,800,000 Acres Land Title Agency Inc
Olson Bradley $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tasch Noam $2,240,000
Previous Owner Olson Bradley M $904,273
Previous Owner Olson Brad M $690,000
Previous Owner Olson Bradley $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $2,800,000 +1.8% $824 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $2,750,000 -- $809 / 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 $48,073 $1,111,000 $370,400 $740,600
2023 $48,073 $1,111,000 $370,400 $740,600
2022 $47,584 $1,111,000 $370,400 $740,600
2021 $47,962 $1,111,000 $370,400 $740,600
2020 $48,440 $1,111,000 $370,400 $740,600
2019 $48,495 $1,111,000 $370,400 $740,600
2018 $48,184 $1,111,000 $370,400 $740,600
2017 $48,495 $1,111,000 $370,400 $740,600
2016 $47,784 $1,111,000 $370,400 $740,600
2015 $46,851 $1,111,000 $370,400 $740,600
2014 $45,640 $1,111,000 $370,400 $740,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • L

    Seller Co-Listing Agent in 2021

    LINDA PECK

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3740897

Garden State MLS

APN: 18-03102-0000-00004

New Jersey Union County Summit 07901

20 Colt Rd, Summit, NJ

This home is located at 20 Colt Rd, Summit, NJ 07901 since 15 September 2021 and is currently estimated at $3,342,396, approximately $983 per square foot. This property was built in 1930. 20 Colt Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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