NOT LISTED FOR SALE

28 Colony Dr Summit, NJ 07901

Estimated Value: $1,508,067 - $2,251,000

-- Bed
-- Bath
2,089 Sq Ft
$892/Sq Ft Est. Value

About This Home

This home is located at 28 Colony Dr, Summit, NJ 07901 and is currently estimated at $1,864,267, approximately $892 per square foot. 28 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2011
Sold by
Sullivan Brent and Sullivan Mindy
Bought by
Yu Eric Tsu Shuan and Yu Elaine Calvina
Current Estimated Value
$1,665,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$275,667
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Oneil Scott M and Oneil Lisa R
Bought by
Sullivan Brent and Sullivan Mindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Mobility Cendant
Bought by
O'Neil Scott and O'Neil Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.03%

Purchase Details

Closed on
Jun 12, 2004
Sold by
Balderston David
Bought by
Mobility Cendant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.03%

Purchase Details

Closed on
Aug 10, 1995
Sold by
Grout David M and Grout Margaret D
Bought by
Balderston David M and Balderston Kristen A
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yu Eric Tsu Shuan $1,130,000 Chicago Title Insurance Co
Sullivan Brent $1,050,000 Fidelity Natl Title Ins Co
O'Neil Scott $980,000 --
Mobility Cendant $980,000 --
Balderston David M $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Eric Tsu Shuan $400,000
Previous Owner Sullivan Brent $840,000
Previous Owner Oneil Scott M $104,000
Previous Owner Oneil Scott M $780,000
Previous Owner O'Neil Scott $780,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $17,252 $398,700 $207,000 $191,700
2023 $17,252 $398,700 $207,000 $191,700
2022 $17,076 $398,700 $207,000 $191,700
2021 $17,212 $398,700 $207,000 $191,700
2020 $17,383 $398,700 $207,000 $191,700
2019 $17,403 $398,700 $207,000 $191,700
2018 $17,292 $398,700 $207,000 $191,700
2017 $17,403 $398,700 $207,000 $191,700
2016 $17,148 $398,700 $207,000 $191,700
2015 $16,813 $398,700 $207,000 $191,700
2014 $16,379 $398,700 $207,000 $191,700
Source: Public Records

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