K
Seller's Agent in 2022
KELLY IACOVELLI
PROMINENT PROPERTIES SIR
23 Cromwell Pkwy Summit, NJ 07901
Estimated Value: $1,742,000 - $1,888,000
5
Beds
3.5
Baths
1,860
Sq Ft
$984/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Recreation Room
- Main Floor Bedroom
- L C Johnson Summit Middle School Rated A+
- Marble Flooring
- Corner Lot
About This Home
As of May 2022Welcome Home! This 5-bedroom custom home is turnkey-ready, completely renov. in 2010, has everything today's buyers are looking for. Nestled in a sought after cul-de sac with a private yd & walking distance to LH School & Summit's vibrant downtown. The home's open floor plan with its abundant windows, freshly painted inter. and pristine hardwood flrs. enhances the space & light throughout, beginning with a fireside LR complete with gas firepl. The heart of the home is an open concept eat-in kit. enhanced with crisp white cabinetry, granite countertops and stainless-steel appliances, the inviting DR opens to the dramatic sun filled great room w/ vaulted ceilings, a bank of windows and French doors that lead to the private rear patio perfect for outdoor entertaining. A dedicated home office is located nearby. The 1st fl. Master Suite w/private bath & an abundance of custom fitted closets will not disappoint. A 2nd bedroom w/ 2 walls of windows, oversized closet enjoys the newly renovated 1st floor bath w/ walk in marble shower. The 2nd floor is host to 3 generous bedrooms all with custom fitted closets. The oversized hall bath and 2nd floor laundry rm. complete this level. The finished LL affords extra leisure living w/ Rec. Rm., powder room, storage closets & exercise area w/ access to an oversized 2 car garage. A lush side yard is surrounded by mature trees affording privacy w/ plenty of room for outdoor entertainment. Short walk to Summit's vibrant downtown & NYC trains.
Last Agent to Sell the Property
KELLY IACOVELLI
PROMINENT PROPERTIES SIR Listed on: 02/21/2022
Co-Listed By
ELLEN WOHL
PROMINENT PROPERTIES SIR
Last Buyer's Agent
SHIRA ROST
COMPASS NEW JERSEY, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,249
Year Built
- Built in 1953
Lot Details
- Cul-De-Sac
- Corner Lot
Parking
- 2 Car Attached Garage
- Oversized Parking
- Inside Entrance
- Garage Door Opener
- Additional Parking
- Parking Garage Space
Home Design
- Colonial Architecture
- Wood Shingle Roof
- Tile
Interior Spaces
- Sound System
- High Ceiling
- Ceiling Fan
- Gas Fireplace
- Thermal Windows
- Shades
- Drapes & Rods
- Blinds
- Entrance Foyer
- Family Room with entrance to outdoor space
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Crawl Space
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Lincoln-Hubbard Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Heating and Cooling System
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
- Standard Electricity
- Generator Hookup
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-01802-0000-00036-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2022
Closed on
May 6, 2022
Sold by
Shallcross Patrick T and Shallcross Kristen F
Bought by
Lefranc Maximilien and Lefranc Carolyn
Seller's Agent
KELLY IACOVELLI
PROMINENT PROPERTIES SIR
Buyer's Agent
SHIRA ROST
COMPASS NEW JERSEY, LLC
List Price
$1,450,000
Sold Price
$1,640,000
Premium/Discount to List
$190,000
13.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,012
Avg. Annual Appreciation
0.24%
Original Mortgage
$1,312,000
Outstanding Balance
$1,265,738
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$387,100
Purchase Details
Closed on
Aug 7, 2003
Sold by
Abruzzo Joseph
Bought by
Shallcross Patrick and Shallcross Kristen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
5.46%
Purchase Details
Closed on
Jan 12, 1994
Sold by
Atterbury Frances
Bought by
Abruzzo Jos and Abruzzo Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lefranc Maximilien | $1,640,000 | Kelleher Susan M | |
| Shallcross Patrick | $601,500 | -- | |
| Abruzzo Jos | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lefranc Maximilien | $163,000 | |
| Open | Lefranc Maximilien | $1,312,000 | |
| Previous Owner | Shallcross Patrick | $351,500 | |
| Previous Owner | Abruzzo Joseph F | $125,000 | |
| Previous Owner | Abruzzo Jos | $243,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2022 05/16/22 | Sold | $1,640,000 | +13.1% | $882 / Sq Ft |
| 03/03/2022 03/03/22 | Pending | -- | -- | -- |
| 02/24/2022 02/24/22 | For Sale | $1,450,000 | -- | $780 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $18,087 | $418,000 | $160,200 | $257,800 |
| 2023 | $18,087 | $418,000 | $160,200 | $257,800 |
| 2022 | $16,121 | $376,400 | $160,200 | $216,200 |
| 2021 | $16,249 | $376,400 | $160,200 | $216,200 |
| 2020 | $16,411 | $376,400 | $160,200 | $216,200 |
| 2019 | $16,430 | $376,400 | $160,200 | $216,200 |
| 2018 | $16,324 | $376,400 | $160,200 | $216,200 |
| 2017 | $16,430 | $376,400 | $160,200 | $216,200 |
| 2016 | $16,189 | $376,400 | $160,200 | $216,200 |
| 2015 | $15,873 | $376,400 | $160,200 | $216,200 |
| 2014 | $15,463 | $376,400 | $160,200 | $216,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Seller Co-Listing Agent in 2022
ELLEN WOHL
PROMINENT PROPERTIES SIR
-
S
Buyer's Agent in 2022
SHIRA ROST
COMPASS NEW JERSEY, LLC
Map
Source: Garden State MLS
MLS Number: 3765040
APN: 18-01802-0000-00036
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