NOT LISTED FOR SALE

3 Lorraine Rd Summit, NJ 07901

Estimated Value: $1,808,701 - $2,132,000

4 Beds
2.5 Baths
-- Sq Ft
12,197 Sq Ft Lot

Last Sold August 14, 2017

Last sale price $995,000

Est. 98% increase in value since last sale

Current estimated payment $11,807/month

58 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Home Office

About This Home

As of August 2017

Exceptionally located charming 4BR, 2.1 Bath side hall Colonial just blocks to train, Lincoln Elementary, Middle School & High School. Large, private, professionally landscaped backyard with bluestone patio, fire pit and curved stone terrace wall perfect for outdoor entertaining. Windowed entry vestibule, with built-in bench seat and interior French door, bright, generous Living Room with abundant natural light and wood burning fireplace, Dining Room with large picture window and double French doors, generous sized Kitchen near Office and Powder Room, Family Room with access to backyard, Master Suite with a cozy wood burning fireplace and Master Bath with stall shower. Two bright bedrooms and a Hall Bath round out the Second Floor. The Third Floor features a fourth bedroom.

Last Agent to Sell the Property

JILL BRAY

PROMINENT PROPERTIES SIR Listed on: 04/26/2017

Last Buyer's Agent

LINDA PECK

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,552

Year Built

  • Built in 1931

Lot Details

  • 0.28 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Slate Roof
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Wood Flooring
  • Partially Finished Basement
  • Front Basement Entry
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-01204-0000-00005-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,552

Year Built

Built in 1931

Lot Details

0.28 Acres

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1931
  • County Name: Union
  • Exclusions: Washer and Dryer
  • Directions: Morris or DeForest to Norwood to Lorraine
  • I D: 4703362
  • Section Subdiv Development: In Town
  • First Name: JILL
  • First Name3: LINDA
  • First Name4: PAMELA
  • Last Name: BRAY
  • Last Name3: PECK
  • Last Name4: GUMPORT
  • Office Phone3: 908-377-8036
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Bedroom 1, Living Room
  • Number of Fireplaces: 2
  • Appliances: Range/Oven-Gas, Refrigerator, Water Filter, Dishwasher, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Fireplace, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially
  • Basement Level Rooms: Laundry Room, Rec Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Dim: 15x13
  • Kitchen Level: First
  • Living Room Dim: 22x13
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 11x7
  • Other Room1 Level: Third
  • Other Room 2: Office
  • Other Room2 Dim: 6x6
  • Other Room2 Level: First
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Foyer, Office, Dining Room, Living Room, Pantry, Entrance Vestibule
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Office
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Stone, Clapboard
  • Exterior Features: Sidewalk, Storage Shed, Patio, Curbs, Storm Window(s)
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 95X130
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17552
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01204-0000-00005-0000-
  • Tax Rate Amount: 4.301
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Aug 9, 2017
Sold by
Flamme Jay H and Flamme Natalie K
Bought by
Zurakowski Dominki S and Zurakowski Aimme D
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
List Price
$1,075,000
Sold Price
$995,000
Premium/Discount to List
-$80,000
-7.44%
Current Estimated Value
$1,967,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$972,425
Avg. Annual Appreciation
8.26%
Original Mortgage
$796,000
Outstanding Balance
$664,201
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,303,225

Purchase Details

Closed on
Jun 21, 1999
Sold by
Branson J Clyde and Branson Luhenley
Bought by
Flamme Jay H and Flamme Natalie K

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
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zurakowski Dominki S $995,000 None Available
Flamme Jay H $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zurakowski Dominki S $796,000
Previous Owner Flamme Jay H $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $995,000 -7.4% --
06/23/2017 06/23/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $1,075,000 -- --
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 $18,840 $432,500 $218,400 $214,100
2024 $18,714 $432,500 $218,400 $214,100
2023 $18,714 $432,500 $218,400 $214,100
2022 $18,524 $432,500 $218,400 $214,100
2021 $18,671 $432,500 $218,400 $214,100
2020 $18,857 $432,500 $218,400 $214,100
2019 $17,814 $408,100 $218,400 $189,700
2018 $17,699 $408,100 $218,400 $189,700
2017 $17,814 $408,100 $218,400 $189,700
2016 $17,552 $408,100 $218,400 $189,700
2015 $17,210 $408,100 $218,400 $189,700
2014 $16,765 $408,100 $218,400 $189,700
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3382389

Garden State MLS

APN: 18-01204-0000-00005

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