NOT LISTED FOR SALE

27 Colony Dr Summit, NJ 07901

Summit Area

Estimated Value: $1,678,000 - $2,262,000

3 Beds
3 Baths
1,132 Sq Ft
$1,677/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2022

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

Est. 49% increase in value since last sale

Current estimated payment $11,945 / 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 $1,898,759, approximately $1,677 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

Range of Values:

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

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
$1,898,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,759
Avg. Annual Appreciation
10.87%
Original Mortgage
$1,020,000
Outstanding Balance
$960,774
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$937,985

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Robin Roth Real Estate Agent - RE/MAX Competitive Edge

    Robin Roth

    RE/MAX Competitive Edge

    (908) 365-0772

    28 Total Sales

    1 in Summit

    $855,000 Price

    Robin Roth
     Section Image
  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Summit

    $840,000 Price

    Massimo Chirichiello
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    309 Total Sales

    2 in Summit

    $875,000 Price Range

    Nancy Chu
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    173 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    333 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    74 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
See All Agents

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
2026 $18,099 $404,800 $195,100 $209,700
2025 $18,099 $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 Real Estate Agent - PROMINENT PROPERTIES SIR

    Buyer's Agent in 2022

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    136 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

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Information deemed reliable but not guaranteed.
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