S
Seller's Agent in 2021
Suzanne Lear
PROMINENT PROPERTIES SIR
(908) 376-2720
58 in this area
114 Total Sales
27 Silver Lake Dr Summit, NJ 07901
Estimated Value: $3,039,617 - $3,318,000
5
Beds
4.5
Baths
4,246
Sq Ft
$744/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Wood Flooring
- L C Johnson Summit Middle School Rated A+
- Family Room with Fireplace
- Jetted Tub in Primary Bathroom
About This Home
As of June 2021Stunning curb appeal is just the start to this Colonial gem featuring 5 BR on the second floor, 4 Full and 1 Half Baths, one-of-a kind architectural details, exquisite wood trim and gleaming hardwood floors, this home exudes character and distinction throughout its spacious, sun-filled rooms. An inviting Foyer opens to the front-to-back Living Room with a central wood burning fireplace. The Dining Room flows easily into an open concept kitchen and family room,. The Kitchen is chic and spacious with sleek white cabinetry, Calacatta marble counters and large center island. The adjoining Eat-in-Area is perfect for gatherings next to the 2 story Family Room with coffered ceiling.A home office, 2 laundry areas, a heated oversized 3 car garage, Rec Rm, and a deck leading to an expansive patio complete the picture
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,097
Year Built
- Built in 1956
Lot Details
- Level Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Wood Shingle Roof
- Composition Shingle Roof
- Tile
Interior Spaces
- Wood Burning Fireplace
- Gas Fireplace
- Mud Room
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room with Fireplace
- Wood Flooring
- Fire and Smoke Detector
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
- Powder Room
- Jetted Tub in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Brayton Elementary School
- Summit Middle School
- Summit High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 2918-05303-0000-00011-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2021
Closed on
Jun 1, 2021
Sold by
Schachter Jeffrey M and Schachter Frederique A
Bought by
Ermentrout Jennifer L
Seller's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$2,395,000
Sold Price
$2,295,000
Premium/Discount to List
-$100,000
-4.18%
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
$863,539
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,195,000
Outstanding Balance
$1,079,370
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,079,169
Purchase Details
Listed on
Aug 5, 2014
Closed on
Aug 5, 2014
Sold by
Davis Robert T and Mc Cue Kathleen
Bought by
Schachter Jeffrey M and Schachter Frederique A
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Sold Price
$2,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$1,462,500
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 27, 2009
Sold by
Beit Eduard H and Lamb Kathleen F
Bought by
Davis Robert T and Mccue Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,145,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 1993
Sold by
Bruton William J
Bought by
Bert Edward H and Lamb Kathleen F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.9%
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 |
|---|---|---|---|
| Ermentrout Jennifer L | $2,295,000 | Ensure Title | |
| Schachter Jeffrey M | $2,250,000 | Alta | |
| Davis Robert T | $2,000,000 | None Available | |
| Bert Edward H | $665,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ermentrout Jennifer L | $1,195,000 | |
| Previous Owner | Schachter Jeffrey M | $1,462,500 | |
| Previous Owner | Davis Robert T | $1,145,000 | |
| Previous Owner | Bert Edward H | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2021 06/03/21 | Sold | $2,295,000 | 0.0% | $541 / Sq Ft | |
| 04/01/2021 04/01/21 | Pending | -- | -- | -- | |
| 03/22/2021 03/22/21 | Price Changed | $2,295,000 | -4.2% | $541 / Sq Ft | |
| 03/10/2021 03/10/21 | For Sale | $2,395,000 | +6.4% | $564 / Sq Ft | |
| 08/05/2014 08/05/14 | Sold | $2,250,000 | -- | $530 / Sq Ft | View Prior Sale |
Source: Garden State MLS
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 | $41,060 | $942,600 | $374,300 | $568,300 |
| 2024 | $40,786 | $942,600 | $374,300 | $568,300 |
| 2023 | $40,786 | $942,600 | $374,300 | $568,300 |
| 2022 | $40,372 | $942,600 | $374,300 | $568,300 |
| 2021 | $40,692 | $942,600 | $374,300 | $568,300 |
| 2020 | $41,097 | $942,600 | $374,300 | $568,300 |
| 2019 | $41,144 | $942,600 | $374,300 | $568,300 |
| 2018 | $40,881 | $942,600 | $374,300 | $568,300 |
| 2017 | $41,144 | $942,600 | $374,300 | $568,300 |
| 2016 | $40,541 | $942,600 | $374,300 | $568,300 |
| 2015 | $39,749 | $942,600 | $374,300 | $568,300 |
| 2014 | $33,805 | $822,900 | $374,300 | $448,600 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne Lear
-
Susan Oldendorp
Buyer's Agent in 2021
Susan Oldendorp
COMPASS NEW JERSEY, LLC
(201) 400-8714
47 in this area
518 Total Sales
-
D
Seller's Agent in 2014
DIANE TERRY
KELLER WILLIAMS REALTY
Map
Source: Garden State MLS
MLS Number: 3696752
APN: 18-05303-0000-00011
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