NOT LISTED FOR SALE

22 Colony Dr Summit, NJ 07901

Estimated Value: $1,880,888 - $2,239,000

4 Beds
3 Baths
2,391 Sq Ft
$858/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $1,135,000 $475 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $12,515/month

27 Days on Market

About This Home

As of October 2016

This home is located at 22 Colony Dr, Summit, NJ 07901 since 10 August 2016 and is currently estimated at $2,052,222, approximately $858 per square foot. This property was built in 1936. 22 Colony Dr 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 Buyer's Agent

Jane Greene

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 8,276 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • County Name: Union
  • I D: 4649113
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.192
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 27, 2016
Sold by
Katherine Luckfield
Bought by
Milnes Douglas and Milnes Jennifer
Buyer's Agent
Jane Greene
COLDWELL BANKER REALTY
List Price
$1,165,000
Sold Price
$1,135,000
Premium/Discount to List
-$30,000
-2.58%
Current Estimated Value
$2,052,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$917,222
Avg. Annual Appreciation
6.65%
Original Mortgage
$908,000
Outstanding Balance
$730,114
Interest Rate
3.47%
Estimated Equity
$1,322,108

Purchase Details

Closed on
Aug 26, 2009
Sold by
Butler Douglas and Butler Luanne
Bought by
Luckfield Katherine

Purchase Details

Closed on
Aug 24, 2000
Sold by
Kizzia Joe W and Kizzia Peggy T
Bought by
Bornemann Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Milnes Douglas -- --
Luckfield Katherine $968,000 Stewart Title Guaranty Co
Bornemann Marina $575,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milnes Douglas $908,000
Closed Milnes Douglas --
Previous Owner Bornemann Marina $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2016 10/24/16 Sold $1,135,000 -2.6% $475 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $1,165,000 -- $487 / 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 $21,536 $494,400 $199,200 $295,200
2024 $21,393 $494,400 $199,200 $295,200
2023 $21,393 $494,400 $199,200 $295,200
2022 $21,175 $494,400 $199,200 $295,200
2021 $21,343 $494,400 $199,200 $295,200
2020 $21,556 $494,400 $199,200 $295,200
2019 $21,581 $494,400 $199,200 $295,200
2018 $19,911 $459,100 $199,200 $259,900
2017 $17,931 $410,800 $199,200 $211,600
2016 $17,669 $410,800 $199,200 $211,600
2015 $17,323 $410,800 $199,200 $211,600
2014 $16,876 $410,800 $199,200 $211,600
Source: Public Records

Agents Affiliated with this Home

  • Jane Greene

    Buyer's Agent in 2016

    Jane Greene

    COLDWELL BANKER REALTY

    (973) 436-5166

    1 in this area

    163 Total Sales

    Jane Greene
    Section Image

  • L

    Buyer Co-Listing Agent in 2016

    LAUREN STONE

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3328473

Garden State MLS

APN: 18-04702-0000-00009

New Jersey Union County Summit 07901

22 Colony Dr, Summit, NJ

Not Listed for Sale

Detached

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