$1,725,000
SOLD APR 25, 2017

25 Sherman Ave Summit, NJ 07901

4 Beds
3.5 Baths
4,598 Sq Ft
0.54 Acres

Recently Sold

$375 Per Sq Ft

7% Below List Price

21 Days on Market

Highlights

  • Greenhouse
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Colonial Architecture
  • Recreation Room

About This Home

As of September 2019

Beautiful, private & tranquil park-like setting w/rose garden, 2 wisteria covered pergolas, formal English garden, stone patios & paths surrounding this picture-perfect home w/2, 2 car garages, front & back porches, skylit potting shed w/dog bath, off 2nd garage, w/artist/writers loft above w/pull down stairs. Close to Kent Place, all top public schools & near Downtown Summit & train. Freshly painted, elegantly appointed w/handsome moldings, hardwd flrs, big windows in updated white eat-in kit & family rm w/FP, overlook the curved bluestone patio, amazing perennial gardens w/ beautiful Gingko Alley, like a park in Paris.1st flr BR/Bath suite, 3 BRs & office upstairs, new hall bath, Master BR suite w/skylit dressing area, 7 closets, laundry, office or nursery, delux bath w/new shower, soaking tub, 2 sinks.

Last Agent to Sell the Property

KAREN E. BIGOS

COMPASS NEW JERSEY, LLC Listed on: 02/08/2017

Last Buyer's Agent

Cynthia Bienemann

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,266

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 0.54 Acre Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System
  • Property is zoned R-10

Parking

  • 4 Car Garage
  • Paver Block

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • 4,598 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Workshop
  • Utility Room
  • Dryer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain
  • Crawl Space

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed patio or porch
  • Greenhouse
  • Storage Shed

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-01203-0000-00036-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,266

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1959
  • Year Built Description: Renovated
  • County Name: Union
  • Exclusions: patio furniture, wooden bench in herb garden
  • Possible Other Uses: Home-Office
  • Renovated Year: 1990
  • Street Number Display: 25
  • Directions: Woodland Rd to MacGregor to Sherman Ave, or Morris to Norwood to Sherman - last house at the end
  • I D: 4686345
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: North Summit
  • First Name: KAREN E.
  • First Name3: CYNTHIA R.
  • Last Name: BIGOS
  • Last Name3: BIENEMANN
  • Office Phone: 973-310-6816
  • Office Phone3: 908-272-8808
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1990

Interior Features

  • Flooring: Laminate, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, OvnWGas, CookGas, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Cedar Closets, SoakTub, Bar-Wet, Beam Ceilings, StallShw, Walk-In Closet, Security System, StallTub, Carbon Monoxide Detector, Skylight, Smoke Detector
  • Number Rooms: 13
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Sitting Room, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Crawl Space, Full, Finished
  • Basement Level Rooms: Rec Room, GameRoom, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 19x11
  • Kitchen Level: First
  • Living Room Dim: 23x15
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 12x9
  • Other Room1 Level: Second
  • Other Room 2: Laundry Room
  • Other Room2 Level: Second
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Other Room 4: Pantry
  • Other Room4 Level: First
  • Other Level Rooms: Loft
  • Level 1 Rooms: 1 Bedroom, Family Room, Kitchen, Powder Room, Foyer, OutEntrn, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Office, Attic, Bath Main
  • Estimated Sq Ft: 4598
  • Phone: 973-376-8300

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Greenhouse Type Room, Open Porch(es), Sidewalk, Storage Shed, Thermal Windows/Doors, Patio, Underground Lawn Sprinkler, Enclosed Porch(es), Privacy Fence, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Loft Storage, Detached Garage
  • Number Garage Spaces: 4
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Paver Block

Utilities

  • Cooling: Central Air, 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • 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: 155 x150 x161 x150 approx
  • Assessed Improvement Value: 574900
  • Assessed Land Value: 268300
  • Assessment: 843200
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 36
  • Lot I D Tax: *
  • Total Acres: 0.54
  • Zoning: R-10

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 36266
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01203-0000-00036-0000-
  • 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
Apr 30, 2019
Closed on
Sep 10, 2019
Sold by
Krauskopf Benjamin and Krauskopf Rachel
Bought by
Demuth Donald and Demuth Victoria
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
List Price
$1,875,000
Sold Price
$1,739,000
Premium/Discount to List
-$136,000
-7.25%
Current Estimated Value
$2,946,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,207,450
Avg. Annual Appreciation
6.61%

Purchase Details

Listed on
Feb 8, 2017
Closed on
Apr 18, 2017
Sold by
Brody Michael and Brody Laura
Bought by
Krauskopf Benjamin and Krauskopf Rachel
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Cynthia Bienemann
PROMINENT PROPERTIES SIR
List Price
$1,850,000
Sold Price
$1,725,000
Premium/Discount to List
-$125,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$138,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 1999
Sold by
Dolle Peter F and Dolle Jo Ann G
Bought by
Brody Michael and Brody Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
7%
Source: Public Records

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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 $1,739,000 Old Republic Natl Ttl Ins Co
Deed $1,725,000 None Available
Bargain Sale Deed $1,250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $138,000 Adjustable Rate Mortgage/ARM
Previous Owner $875,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $1,739,000 -7.3% $378 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $1,875,000 +8.7% $408 / Sq Ft
04/25/2017 04/25/17 Sold $1,725,000 -6.8% $375 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $1,850,000 -- $402 / 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
2024 $32,067 $741,100 $268,300 $472,800
2023 $32,067 $741,100 $268,300 $472,800
2022 $31,741 $741,100 $268,300 $472,800
2021 $31,993 $741,100 $268,300 $472,800
2020 $32,312 $741,100 $268,300 $472,800
2019 $32,349 $741,100 $268,300 $472,800
2018 $32,142 $741,100 $268,300 $472,800
2017 $36,806 $843,200 $268,300 $574,900
2016 $36,266 $843,200 $268,300 $574,900
2015 $35,558 $843,200 $268,300 $574,900
2014 $34,639 $843,200 $268,300 $574,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3363231

Garden State MLS

APN: 18-01203-0000-00036