Lorraine First
KL SOTHEBY'S INT'L. REALTY
(857) 305-4661
63 Total Sales
1 in Summit
$716,000 Price
27 Silver Lake Dr Summit, NJ 07901
Summit AreaEstimated Value: $3,166,550 - $3,772,000
5
Beds
4.5
Baths
4,246
Sq Ft
$816/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
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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
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
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Tile
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
- Stacked Washer and Dryer
Home Security
- Home Security System
- Fire and Smoke Detector
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
- Power Generator
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 2918-05303-0000-00011-0000-
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
Mar 10, 2021
Closed on
Jun 1, 2021
Sold by
Schachter Jeffrey M and Schachter Frederique A
Bought by
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
$1,055,093
Avg. Annual Appreciation
8.16%
Original Mortgage
$1,195,000
Outstanding Balance
$1,055,071
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,409,112
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, NJ
-
Lorraine First
-
Donald Hansen
Donald Hansen
C-21 NEW BEGINNINGS
(908) 503-2639
61 Total Sales
1 in Summit
$400,000 Price
-
Antje Virostek
Antje Virostek
RE/MAX SELECT - Rockaway
(551) 244-7405
48 Total Sales
1 in Summit
$385,000 Price
-
Pamela 'Jill' Sockwell
Pamela 'Jill' Sockwell
COMPASS NEW JERSEY, LLC
(917) 634-3370
141 Total Sales
2 in Summit
$805K - $999K Price Range
-
Tricia Himawan
Tricia Himawan
Weichert Realtors, Short Hills
(862) 292-9012
33 Total Sales
1 in Summit
$1,815,000 Price
-
Victoria Cannizzo
Victoria Cannizzo
REAL
(862) 829-3427
85 Total Sales
4 in Summit
$465K - $1.7M Price Range
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 |
|---|---|---|---|
| $2,295,000 | Ensure Title | ||
| Schachter Jeffrey M | $2,250,000 | Alta | |
| Davis Robert T | $2,000,000 | None Available |
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 | $1,195,000 | ||
| Previous Owner | Schachter Jeffrey M | $1,462,500 | |
| Previous Owner | Davis Robert T | $1,145,000 |
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 |
|---|---|---|---|---|---|
| 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
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 | $42,144 | $942,600 | $374,300 | $568,300 |
| 2025 | $42,144 | $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
SL
Seller's Agent in 2021
Suzanne Lear
PROMINENT PROPERTIES SIR
(908) 376-2720
118 Total Sales
-
Susan Oldendorp
Buyer's Agent in 2021
Susan Oldendorp
COMPASS NEW JERSEY, LLC
(201) 400-8714
508 Total Sales
-
DT
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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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.
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