NOT LISTED FOR SALE

21 Prospect Hill Ave Summit, NJ 07901

Estimated Value: $4,537,000 - $6,015,000

6 Beds
4.5 Baths
5,909 Sq Ft
$870/Sq Ft Est. Value

Last Sold January 12, 2016

Last sale price $3,200,000 $542 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $34,158/month

129 Days on Market

Highlights

  • Heated In Ground Pool
  • Living Room with Fireplace
  • Tudor Architecture
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of January 2016

This stately 1929 English Tudor presides over almost a full acre of lush property in a coveted Northside Summit locale with easy access to town, transportation and schools. The rooms are all large, bright and gracious with high ceilings, original moldings and woodwork. There is an immense amount of storage and closet space, including three cedar closets, as well as a spacious, open attic,. There are a total of six bedrooms and four and a half baths, a banquet-sized dining room, gracious front-to-back reception hall and sweeping main staircase to the second floor as well as three fireplaces. The Cedar Shake Roof was totally replaced in 2014.

Last Agent to Sell the Property

Deborah Lupton

PROMINENT PROPERTIES SIR Listed on: 05/25/2015

PROMINENT PROPERTIES SIR

Last Buyer's Agent

APRIL WINGATE

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,269

Year Built

  • Built in 1929

Lot Details

  • 0.8 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Heated In Ground Pool
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03501-0000-00025-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,269

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1929
  • County Name: Union
  • Exclusions: Several of the Chandeliers and some of the Lace Curtains
  • Directions: Springfield Avenue to Lenox Road to Prospect Hill Avenue to #21
  • I D: 4533273
  • Section Subdiv Development: Northside
  • First Name: DEBORAH
  • First Name3: APRIL
  • First Name4: ANNEMARIE
  • Last Name: LUPTON
  • Last Name3: WINGATE
  • Last Name4: CAHILL
  • Office Phone: 908-273-8808
  • Office Phone3: 278867
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Fireplace Description: Bedroom 1, Rec Room, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Bar-Wet, High Ceilings, Window Treatments, Drapes, Blinds, Security System, Walk-In Closet
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, 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 And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Walkout, Finished-Partially
  • Basement Level Rooms: Utility Room, Laundry Room, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 21x13
  • Living Room Dim: 31x22
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 11x15
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 20x12
  • Other Room2 Level: Second
  • Other Room 3: Rec Room
  • Other Room3 Dim: 30x22
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 15x13
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Foyer, Living Room, Pantry, Family Room, Kitchen, Bath(s) Other, Dining Room, Powder Room
  • Level 2 Rooms: Office, Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: Storage Room
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Brick, Stucco
  • Exterior Features: Patio, Underground Lawn Sprinkler, Enclosed Porch(es), Metal Fence
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated
  • Roof Description: Wood Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, 4 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Radiators - Steam, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 170X205
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.80

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 48269
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03501-0000-00025-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2014

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Dec 28, 2015
Sold by
Shipley Walter V
Bought by
Grissinger Richard John and Grissinger Anne
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
APRIL WINGATE
PROMINENT PROPERTIES SIR
List Price
$3,400,000
Sold Price
$3,200,000
Premium/Discount to List
-$200,000
-5.88%
Current Estimated Value
$5,138,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,938,054
Avg. Annual Appreciation
4.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grissinger Richard John $3,200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2016 01/12/16 Sold $3,200,000 -5.9% $542 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
05/25/2015 05/25/15 For Sale $3,400,000 -- $575 / 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
2025 $87,817 $2,016,000 $520,000 $1,496,000
2024 $87,232 $2,016,000 $520,000 $1,496,000
2023 $87,232 $2,016,000 $520,000 $1,496,000
2022 $86,345 $2,016,000 $520,000 $1,496,000
2021 $87,031 $2,016,000 $520,000 $1,496,000
2020 $85,997 $1,972,400 $520,000 $1,452,400
2019 $86,095 $1,972,400 $520,000 $1,452,400
2018 $50,960 $1,175,000 $520,000 $655,000
2017 $51,289 $1,175,000 $520,000 $655,000
2016 $50,537 $1,175,000 $520,000 $655,000
2015 $49,550 $1,175,000 $520,000 $655,000
2014 $48,269 $1,175,000 $520,000 $655,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3225219

Garden State MLS

APN: 18-03501-0000-00025