NOT LISTED FOR SALE

3 Knob Hill Dr Summit, NJ 07901

Estimated Value: $1,302,000 - $1,645,667

3 Beds
3 Baths
1,698 Sq Ft
$870/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,402,000 $826 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,399/month

9 Days on Market

About This Home

As of May 2023

This home is located at 3 Knob Hill Dr, Summit, NJ 07901 since 22 February 2023 and is currently estimated at $1,477,917, approximately $870 per square foot. This property was built in 1955. 3 Knob Hill 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

REBECCA MORANO

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 02/22/2023

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,166

Year Built

  • Built in 1955

Lot Details

  • 0.31

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,166

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • Street Number Display: 3
  • I D: 5204255
  • Modified: 2024-05-02
  • Number Images: 1
  • 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: .314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 26, 2023
Sold by
Scarpelli Joseph and Scarpelli Christie
Bought by
Shenoy Vivekanand and Mallya Rashmi Ullal
Seller's Agent
REBECCA MORANO
PROMINENT PROPERTIES SIR
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$1,199,000
Sold Price
$1,402,000
Premium/Discount to List
$203,000
16.93%
Views
56
Current Estimated Value
$1,477,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,917
Avg. Annual Appreciation
2.92%
Original Mortgage
$1,121,600
Outstanding Balance
$1,086,401
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$412,535

Purchase Details

Listed on
Apr 28, 2018
Closed on
Jun 4, 2018
Sold by
Jdrmdbp Sm Llc
Bought by
Scarpelli Joseph and Scarpelli Christie
Seller's Agent
CAROL J. CROISSIERT
PROMINENT PROPERTIES SIR
Buyer's Agent
Debbie Woerner
COLDWELL BANKER REALTY
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$736,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 4, 2017
Closed on
Apr 11, 2018
Sold by
Morris Richard and Morris Richard K
Bought by
Jdrmdbp Sm Llc
Seller's Agent
CAROL J. CROISSIERT
PROMINENT PROPERTIES SIR
List Price
$1,095,000
Sold Price
$655,000
Premium/Discount to List
-$440,000
-40.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2006
Sold by
Giese Margaret A
Bought by
Morris Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 1997
Sold by
Giese Margaret A and Giese Roger
Bought by
Giese Margaret A and Giese Roger
Source: Public Records

Range of Values:

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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
Shenoy Vivekanand $1,402,000 Realsafe Title
Scarpelli Joseph $920,000 Old Republic Title Ins Co
Jdrmdbp Sm Llc $655,000 None Available
Morris Richard $875,000 --
Giese Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallya Rashmi Ullal $200,000
Open Shenoy Vivekanand $1,121,600
Previous Owner Scarpelli Joseph $736,000
Previous Owner Morris Richard $900,000
Previous Owner Morris Richard $127,000
Previous Owner Morris Richard $700,000
Previous Owner Giese Roger D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $1,402,000 +16.9% $826 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $1,199,000 +30.3% $706 / Sq Ft
06/15/2018 06/15/18 Sold $920,000 -3.2% $341 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $950,000 +45.0% $352 / Sq Ft
04/23/2018 04/23/18 Sold $655,000 -40.2% $252 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
11/04/2017 11/04/17 For Sale $1,095,000 -- $421 / Sq Ft
Source: Garden State MLS

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 $16,166 $373,600 $235,400 $138,200
2023 $16,166 $373,600 $235,400 $138,200
2022 $16,001 $373,600 $235,400 $138,200
2021 $16,128 $373,600 $235,400 $138,200
2020 $16,289 $373,600 $235,400 $138,200
2019 $16,308 $373,600 $235,400 $138,200
2018 $16,203 $373,600 $235,400 $138,200
2017 $16,308 $373,600 $235,400 $138,200
2016 $16,069 $373,600 $235,400 $138,200
2015 $15,755 $373,600 $235,400 $138,200
2014 $15,347 $373,600 $235,400 $138,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    REBECCA MORANO

    PROMINENT PROPERTIES SIR

  • S

    Buyer's Agent in 2023

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • C

    Seller's Agent in 2018

    CAROL J. CROISSIERT

    PROMINENT PROPERTIES SIR

  • Debbie Woerner

    Buyer's Agent in 2018

    Debbie Woerner

    COLDWELL BANKER REALTY

    (973) 500-3032

    3 in this area

    181 Total Sales

    Debbie Woerner
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3829970

Garden State MLS

APN: 18-03002-0000-00009

New Jersey Union County Summit 07901

3 Knob Hill Dr, Summit, NJ

This home is located at 3 Knob Hill Dr, Summit, NJ 07901 since 22 February 2023 and is currently estimated at $1,477,917, approximately $870 per square foot. This property was built in 1955. 3 Knob Hill 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.

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