$1,725,000
SOLD AUG 10, 2017

23 Edgewood Rd Summit, NJ 07901

6 Beds
6 Baths
-- Sq Ft
1.26 Acres

Recently Sold

14% Below List Price

72 Days on Market

Highlights

  • 1.26 Acre Lot
  • Colonial Architecture
  • Dining Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of June 2018

Spacious Colonial in great convenient in town location. Sunny, soaring spaces with 6 BR, 6Bth. Immaculately maintained and renovated, 1.25 acre private property, 3 car attached Garage. Private Outdoor Entertaining with Two Decks and New Patio. Hardwood floors, turn key and meticulous. Fantastic location!

Last Agent to Sell the Property

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Listed on: 04/19/2017

Last Buyer's Agent

JILL BRAY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,432

Year Built

  • Built in 1948

Lot Details

  • 1.26 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • Sound System
  • High Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Storage Room
  • Home Gym

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • 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
  • Underground Utilities
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00034-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,432

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2013
  • Street Number Display: 23
  • Directions: Springfield Avenue to Edgewood Road
  • I D: 4704968
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: North Summit
  • First Name: CYNTHIA
  • First Name3: JILL
  • Last Name: BAKER
  • Last Name3: BRAY
  • Office Phone: 908-376-2702
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Dining Room, Rec Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Refrigerator, Water Filter, Dishwasher, Disposal, Sump Pump
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Security System, Blinds, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, High Ceilings, Stereo System, Smoke Detector
  • 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: 6.00
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Storage Room, Rec Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area
  • Kitchen Dim: 27x14
  • Kitchen Level: First
  • Living Room Dim: 30x22
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 17x15
  • Other Room1 Level: Third
  • Other Room 2: Office
  • Other Room2 Dim: 17x15
  • Other Room2 Level: First
  • Other Room 3: Bedroom
  • Other Room3 Dim: 15x15
  • Other Room3 Level: Basement
  • Other Room 4: Breakfast
  • Other Room4 Dim: 16x15
  • Other Room4 Level: First
  • Level 1 Rooms: Bath(s) Other, Breakfast Room, Family Room, Kitchen, Foyer, Office, Den, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Patio, Underground Lawn Sprinkler, Curbs
  • Roof Description: Asphalt Shingle, Wood Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 138X397
  • Assessed Improvement Value: 490000
  • Assessed Land Value: 473300
  • Assessment: 963300
  • Easement: Unknown
  • Lot Identifier: 34
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.26

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 41432
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00034-0000-
  • Tax Rate Amount: 4.301
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jun 21, 2018
Sold by
Bates Daniel Benton and Bates Tiffani Grace
Bought by
Kwon Yeong K and Kwon Jiyong Jennifer
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
JACLYN BOHNER
COLDWELL BANKER REALTY
List Price
$1,850,000
Sold Price
$1,850,000
Total Days on Market
72
Current Estimated Value
$3,085,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,235,425
Avg. Annual Appreciation
6.01%
Original Mortgage
$925,000
Outstanding Balance
$794,526
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,977,417

Purchase Details

Listed on
Apr 19, 2017
Closed on
Aug 2, 2017
Sold by
Dowling Kevin and Serra Eileen
Bought by
Bates Daniel Benton and Bates Tiffani Grace
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$1,995,000
Sold Price
$1,725,000
Premium/Discount to List
-$270,000
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$1,466,250
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 1998
Sold by
Dowling Kevin and Serra Eileen
Bought by
Dowling Kevin and Serra Eileen

Purchase Details

Closed on
Jul 25, 1996
Sold by
Chapman Richard H and Chapman Anne W
Bought by
Dowling Kevin and Serra Eileen

Purchase Details

Closed on
Dec 30, 1994
Sold by
Burks Russell D and Burks Corrine A
Bought by
Chapman Richard H and Chapman Anne W

Purchase Details

Closed on
Mar 7, 1994
Sold by
Pinney Richard H
Bought by
Burks Russell D and Burks Corrine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.45%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,850,000 Nrt Title Agency Llc
Deed $1,725,000 None Available
Interfamily Deed Transfer -- --
Deed $980,000 Chicago Title Insurance Co
Deed $685,000 Chicago Title Insurance Co
Deed $660,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $925,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,466,250 Adjustable Rate Mortgage/ARM
Previous Owner $378,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $528,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $1,850,000 0.0% --
04/04/2018 04/04/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $1,850,000 +7.2% --
08/10/2017 08/10/17 Sold $1,725,000 -13.5% --
06/30/2017 06/30/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,995,000 -- --
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 $34,387 $794,700 $473,300 $321,400
2023 $34,387 $794,700 $473,300 $321,400
2022 $34,037 $794,700 $473,300 $321,400
2021 $34,307 $794,700 $473,300 $321,400
2020 $34,649 $794,700 $473,300 $321,400
2019 $34,689 $794,700 $473,300 $321,400
2018 $41,778 $963,300 $473,300 $490,000
2017 $42,048 $963,300 $473,300 $490,000
2016 $41,432 $963,300 $473,300 $490,000
2015 $40,622 $963,300 $473,300 $490,000
2014 $39,572 $963,300 $473,300 $490,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3380538

Garden State MLS

APN: 18-03401-0000-00034