NOT LISTED FOR SALE

25 Colt Rd Summit, NJ 07901

Estimated Value: $2,223,342 - $3,031,000

5 Beds
5 Baths
3,236 Sq Ft
$773/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $1,672,500 $517 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $15,656/month

About This Home

As of January 2015

This home is located at 25 Colt Rd, Summit, NJ 07901 since 16 January 2015 and is currently estimated at $2,501,586, approximately $773 per square foot. This property was built in 1955. 25 Colt Rd 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 Agent to Sell the Property

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 01/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,651

Year Built

  • Built in 1955

Lot Details

  • 0.65 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,651

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • I D: 4488807
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.65
  • Total Acres: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Jan 8, 2015
Sold by
Joyce Robert Todd and Joyce Ann
Bought by
Petraglia Glen M and Mckibbin Carolyn H
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Sold Price
$1,672,500
Current Estimated Value
$2,501,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$829,086
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,253,625
Outstanding Balance
$948,026
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,553,560

Purchase Details

Closed on
Oct 21, 2010
Sold by
Gargan Thomas V and Gargan Helen F
Bought by
Joyce Robert Todd and Joyce Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Delrosso Louis J
Bought by
Gargan Thomas and Gargan Helen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Petraglia Glen M $1,671,500 None Available
Joyce Robert Todd $1,400,000 Chicago Title Insurance Co
Gargan Thomas $1,462,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petraglia Glen M $1,253,625
Previous Owner Joyce Robert Todd $700,000
Previous Owner Gargan Thomas $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $1,672,500 -- $517 / 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 $29,651 $680,700 $395,000 $285,700
2024 $29,454 $680,700 $395,000 $285,700
2023 $29,454 $680,700 $395,000 $285,700
2022 $29,154 $680,700 $395,000 $285,700
2021 $29,386 $680,700 $395,000 $285,700
2020 $29,679 $680,700 $395,000 $285,700
2019 $29,713 $680,700 $395,000 $285,700
2018 $29,522 $680,700 $395,000 $285,700
2017 $29,713 $680,700 $395,000 $285,700
2016 $29,277 $680,700 $395,000 $285,700
2015 $28,705 $680,700 $395,000 $285,700
2014 $27,963 $680,700 $395,000 $285,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3181662

Garden State MLS

APN: 18-03101-0000-00010

New Jersey Union County Summit 07901

25 Colt Rd, Summit, NJ

Not Listed for Sale

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