Seller's Agent in 2022
Zander Oldendorp
COMPASS NEW JERSEY, LLC
(973) 229-6475
57 in this area
159 Total Sales
259 Summit Ave Summit, NJ 07901
Estimated Value: $4,242,638 - $5,223,000
7
Beds
7.5
Baths
6,475
Sq Ft
$722/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Recreation Room
- Attic
- L C Johnson Summit Middle School Rated A+
- Marble Flooring
- Mud Room
About This Home
As of August 2022This custom turnkey home in the heart of Summit's Northside is open, airy and is designed for today's living. This 7 bedroom, 7.1 bath home has the layout, the quality and the multifunctional space that you are looking for. On top of that it has impeccable quality and detail throughout. The home was built by local and renowned builder W.P. Lloyd, a prominent local builder with the highest reputation for service and quality in the area. This home was built in collaboration with W.P. Lloyd, TLA Design (Kim Tone) and Katy Paterson as the designer. The architectural detail of the exterior is what will bring you and your guests into this home. Once entering the home you have your large formal spaces flanking the foyer; dining room on the left, living room and office on the right side. The back of the home has a large and impressive kitchen with center island, peninsula, eat in kitchen and is finished with quality appliances in the likes of SubZero & Wolf. The kitchen opens up to the family room and backyard. Also on the first floor is the 2 car garage and the mudroom. Upstairs you have 5 bedrooms and all of which are ensuite including the master bedroom that has a vaulted ceiling, 2 walk-in closets and a spa like bathroom. There is also a large laundry room to complete the second floor. The third floor has a bedroom, office and full bath. The basement has a bedroom, full bath, rec area, storage and gym. We can't wait to see you at 259 Summit Ave and welcome you home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,631
Year Built
- Built in 2022
Lot Details
- 0.57 Acre Lot
- Sprinkler System
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
- Additional Parking
Home Design
- Colonial Architecture
- Tile
Interior Spaces
- 6,475 Sq Ft Home
- Wood Burning Fireplace
- Gas Fireplace
- Mud Room
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Home Gym
- Carbon Monoxide Detectors
- Attic
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Recirculated Exhaust Fan
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary bedroom located on second floor
- 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
- Sump Pump
Outdoor Features
- Patio
- Porch
Schools
- Lincoln-Hubbard Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-02105-0000-00017-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Aug 26, 2022
Sold by
H-Bros Llc
Bought by
Ramin Eghbali And Salma Asghartutt Joint Livi
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$3,750,000
Sold Price
$3,550,000
Premium/Discount to List
-$200,000
-5.33%
Views
8
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
$1,126,213
Avg. Annual Appreciation
8.09%
Original Mortgage
$1,800,000
Outstanding Balance
$1,703,686
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,786,878
Purchase Details
Closed on
Sep 10, 2020
Sold by
Wilson James R and Last Will And Testament Of Ann
Bought by
H Bros Llc
Purchase Details
Closed on
Sep 17, 1992
Bought by
Wilson Anna K% Wilson James R
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 |
|---|---|---|---|
| Ramin Eghbali And Salma Asghartutt Joint Livi | $3,550,000 | -- | |
| H Bros Llc | $750,000 | Simplicity Title Llc | |
| Wilson Anna K% Wilson James R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Asghar Ramin | $400,000 | |
| Open | Ramin Eghbali And Salma Asghartutt Joint Livi | $1,800,000 | |
| Previous Owner | Wilson Anna K | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $3,550,000 | -5.3% | $548 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $3,750,000 | -- | $579 / 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 | $63,005 | $1,456,100 | $294,300 | $1,161,800 |
| 2023 | $63,005 | $1,456,100 | $294,300 | $1,161,800 |
| 2022 | $17,320 | $404,400 | $294,300 | $110,100 |
| 2021 | $17,458 | $404,400 | $294,300 | $110,100 |
| 2020 | $17,632 | $404,400 | $294,300 | $110,100 |
| 2019 | $17,652 | $404,400 | $294,300 | $110,100 |
| 2018 | $17,539 | $404,400 | $294,300 | $110,100 |
| 2017 | $17,652 | $404,400 | $294,300 | $110,100 |
| 2016 | $17,393 | $404,400 | $294,300 | $110,100 |
| 2015 | $17,054 | $404,400 | $294,300 | $110,100 |
| 2014 | $22,183 | $540,000 | $362,200 | $177,800 |
Source: Public Records
Agents Affiliated with this Home
-
Zander Oldendorp
-
Susan Oldendorp
Buyer's Agent in 2022
Susan Oldendorp
COMPASS NEW JERSEY, LLC
(201) 400-8714
51 in this area
531 Total Sales
Map
Source: Garden State MLS
MLS Number: 3791675
APN: 18-02105-0000-00017
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