NOT LISTED FOR SALE

223 Summit St Norwood, NJ 07648

Estimated Value: $1,378,000 - $1,787,000

5 Beds
6.5 Baths
4,491 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $1,125,000 $251 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,949/month

154 Days on Market

Highlights

  • Views to the East
  • Colonial Architecture
  • Property is near a park
  • Norwood Public School Rated A
  • Deck
  • Fireplace

About This Home

As of November 2018

Magnificent builders own young Colonial! Prepare to be wowed as you open the door to this 2-Story entry foyer with impressive Juliette winding staircase. With quality custom upgrades throughout, this builder left nothing to spare. Palatial open floor plan with formal living room, banquet-sized dining room, great room with cathedral ceilings, fireplace, and view of second floor walkway. Fabulous gourmet kitchen with huge center island, Viking appliances with Vinotemp wine fridge and wet bar. Beautiful mud/laundry rm with custom wall to wall built-ins and bedroom with full bath complete this level. Master Suite with tray ceiling, sitting area, two walk-in closets. Master bath with two separate vanities, Jetted tub, and spacious shower. All three additional bedrooms on this level have their own full baths. Fully finished basement with high ceilings, room ready for theater, full custom granite wet bar and guest bedroom with full bath. 4-Car Attached garage and paver driveway.

Last Agent to Sell the Property

Paula Clark

Keller Williams Valley Realty Listed on: 04/20/2018

Keller Williams Valley Realty

Last Buyer's Agent

Paula Clark

Keller Williams Valley Realty Listed on: 04/20/2018

Keller Williams Valley Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,306

Year Built

  • 2010

Lot Details

  • 0.61 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Built in the 2010s
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Central Vacuum
  • Fireplace
  • Views to the East
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 024100119 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,306

Year Built

2010

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family
  • Miscellaneous: Central Vac, Hdwd As In, Security, Sprinklers, Deck / Patio
  • Views/Exposure: East
  • Year Built: 2010's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 12
  • Fireplace: 1 Fireplace
  • Bedrooms: 5
  • Total Bathrooms: 6.10
  • Primary Bathroom: Y
  • Full Bathrooms: 6
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: BAR,EXER RM,BR,FULL BATH, THEATRE, WINE CELLA

Exterior Features

  • Exterior: Brick
  • Waterfront: None

Garage/Parking

  • Garage: 3+car, Attached

Utilities

  • Heating: Baseboard, Gas, Hot Water, Radiant
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: NORWOOD PUBLIC E.S.
  • Middle School: NORWOOD
  • High School: NORTHERN VALLEY @ OT

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00012
  • Lot Description: Regular
  • Lot Dimensions: 125 x 212
  • Estimated Lot Frontage: 125
  • Estimated Lot Sq Ft: 26500

Tax Info

  • Tax: 21306
  • Assessor Parcel Number: 024100119 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Nov 6, 2018
Sold by
Bhatia Aarti
Bought by
Chadha Maneesh and Chadha Kanika
Seller's Agent
Paula Clark
Keller Williams Valley Realty
Buyer's Agent
Paula Clark
Keller Williams Valley Realty
List Price
$1,350,000
Sold Price
$1,125,000
Premium/Discount to List
-$225,000
-16.67%
Total Days on Market
154
Current Estimated Value
$1,606,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,108
Avg. Annual Appreciation
5.59%
Original Mortgage
$500,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
William Procida Incorporated
Bought by
Bhatia Aarti

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
6.36%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Cicco Marisa
Bought by
William Procida Inc

Purchase Details

Closed on
Jan 10, 2003
Sold by
Keyes Paul
Bought by
Keyes Paul and Keyes Marisa

Purchase Details

Closed on
Aug 31, 2001
Sold by
D'Ercole Louis
Bought by
Keyes Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Chadha Maneesh $1,114,500 --
Bhatia Aarti $665,000 --
William Procida Inc $820,000 --
Keyes Paul -- --
Keyes Paul $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadha Maneesh $484,000
Closed Chadha Maneesh $500,000
Previous Owner Bhatia Aarti $750,000
Previous Owner Bhatia Aarti $1,000,000
Previous Owner Keyes Paul $457,500
Previous Owner Dercole Louis $57,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $1,125,000 -16.7% $251 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $1,350,000 -- $301 / Sq Ft
Source: New Jersey 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 $23,191 $876,800 $351,000 $525,800
2023 $22,657 $876,800 $351,000 $525,800
2022 $22,657 $876,800 $351,000 $525,800
2021 $22,578 $876,800 $351,000 $525,800
2020 $22,069 $876,800 $351,000 $525,800
2019 $21,429 $876,800 $351,000 $525,800
2018 $21,411 $876,800 $351,000 $525,800
2017 $21,306 $876,800 $351,000 $525,800
2016 $20,815 $876,800 $351,000 $525,800
2015 $20,000 $876,800 $351,000 $525,800
2014 $19,772 $876,800 $351,000 $525,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1815174

New Jersey MLS

APN: 41-00119-0000-00012