NOT LISTED FOR SALE

27 Colony Dr Summit, NJ 07901

Estimated Value: $1,626,161 - $1,911,000

3 Beds
3 Baths
1,132 Sq Ft
$1,560/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2022

Last sale price $1,275,000 $1,126 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,950 / mo

9 Days on Market

About This Home

As of September 2022

This home is located at 27 Colony Dr, Summit, NJ 07901 since 10 August 2022 and is currently estimated at $1,765,540, approximately $1,559 per square foot. 27 Colony Dr 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

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 08/10/2022

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Lot Details

  • 6,578

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

6,578 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 5171768
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .151AC

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 18, 2022
Sold by
Bought by
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$1,195,000
Sold Price
$1,275,000
Premium/Discount to List
$80,000
6.69%
Current Estimated Value
$1,765,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,540
Avg. Annual Appreciation
9.09%
Original Mortgage
$1,020,000
Outstanding Balance
$973,545
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$791,995

Purchase Details

Listed on
Sep 20, 2018
Closed on
Nov 16, 2018
Sold by
Bought by
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$1,095,000
Sold Price
$1,055,000
Premium/Discount to List
-$40,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$738,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2015
Closed on
Apr 28, 2015
Sold by
Bought by
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
BARBARA HARRISON
LOIS SCHNEIDER REALTOR
Sold Price
$1,120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.67%
Original Mortgage
$110,800
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$1,055,000 Old Republic Natl Title Ins
$1,120,000 Multiple
-- None Available
-- None Available
$1,189,000 --
$590,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,020,000
Previous Owner $738,500
Previous Owner $110,800
Previous Owner $896,000
Previous Owner $650,000
Previous Owner $468,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $1,275,000 +6.7% $1,126 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $1,195,000 +13.3% $1,056 / Sq Ft
11/16/2018 11/16/18 Sold $1,055,000 -3.7% $932 / Sq Ft View Prior Sale
10/11/2018 10/11/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $1,095,000 -2.2% $967 / Sq Ft
05/04/2015 05/04/15 Sold $1,120,000 -- $989 / Sq Ft View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,633 $404,800 $195,100 $209,700
2024 $17,516 $404,800 $195,100 $209,700
2023 $17,516 $404,800 $195,100 $209,700
2022 $16,909 $394,800 $195,100 $199,700
2021 $17,044 $394,800 $195,100 $199,700
2020 $17,213 $394,800 $195,100 $199,700
2019 $17,233 $394,800 $195,100 $199,700
2018 $16,264 $375,000 $195,100 $179,900
2017 $16,369 $375,000 $195,100 $179,900
2016 $16,129 $375,000 $195,100 $179,900
2015 $15,814 $375,000 $195,100 $179,900
2014 $15,405 $375,000 $195,100 $179,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • Kim Cannon

    Buyer's Agent in 2022

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    135 Total Sales

    Kim Cannon
    Section Image

  • M

    Buyer Co-Listing Agent in 2022

    Marianne Garibaldi

    PROMINENT PROPERTIES SIR

    (201) 401-0138

    10 Total Sales

    Marianne Garibaldi
    Section Image

  • M

    Seller's Agent in 2018

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • B

    Buyer's Agent in 2015

    BARBARA HARRISON

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3801361

Garden State MLS

APN: 18-03107-0000-00017

New Jersey Union County Summit 07901

27 Colony Dr, Summit, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.