Seller's Agent in 2020
Zander Oldendorp
COMPASS NEW JERSEY, LLC
(973) 229-6475
54 in this area
155 Total Sales
303 Summit Ave Summit, NJ 07901
Estimated Value: $3,855,000 - $4,537,000
6
Beds
3.5
Baths
--
Sq Ft
1.04
Acres
Highlights
- 1.04 Acre Lot
- Colonial Architecture
- Living Room with Fireplace
- L C Johnson Summit Middle School Rated A+
- Deck
- Recreation Room
About This Home
As of January 2020Stately 6 bedroom, 3.1 bath brick center hall colonial has 4 finished levels of living space on over an acre of property that gives you the opportunity to live a life that you design. Whether you are looking to cook a Sunday dinner, watch the foot ball game, entertain for a formal event or have fun in the backyard this home has so much to offer. The first floor has a mudroom, an eat in kitchen that opens to a family room, a dining room, formal living room & Summit's best home office. Outside you have a 3 car garage, horseshoe driveway & over an acre of property to entertain & play. The fenced backyard is wide & flat with a golf green & seven hitting mats around the property. The large master bedroom on the second floor has 3 walk in closets with built-ins & luxurious master bath.
Last Buyer's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $58,657
Year Built
- Built in 1923 | Remodeled
Lot Details
- 1.04 Acre Lot
- Level Lot
- Sprinkler System
Parking
- 3 Car Detached Garage
- Circular Driveway
- Additional Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slate Roof
- Wood Siding
Interior Spaces
- Wet Bar
- High Ceiling
- Thermal Windows
- Blinds
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Home Office
- Recreation Room
- Home Gym
- Wood Flooring
- Finished Basement
- French Drain
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- Lincoln-Hubbard Elementary School
- Summit Middle School
- Summit High School
Utilities
- Central Air
- Radiator
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-02104-0000-00004-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2019
Closed on
Feb 6, 2020
Sold by
Schreier Gary and Schreier Daniela Bilotta
Bought by
Schreier Gary and Schreier Daniela Bilotta
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
List Price
$2,875,000
Sold Price
$2,700,000
Premium/Discount to List
-$175,000
-6.09%
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
$1,402,599
Avg. Annual Appreciation
7.41%
Original Mortgage
$2,025,000
Outstanding Balance
$1,734,795
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,367,804
Purchase Details
Listed on
Oct 9, 2019
Closed on
Jan 13, 2020
Sold by
Hoit Roger W and Hoit Gentry Ashmore
Bought by
Schreier Gary and Schreier Daniela Bilotta
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
List Price
$2,875,000
Sold Price
$2,700,000
Premium/Discount to List
-$175,000
-6.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,025,000
Outstanding Balance
$1,734,795
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,367,804
Purchase Details
Closed on
Jan 14, 1998
Sold by
John & Derbie Investors Inc
Bought by
Hoit Roger W and Hoit Gentry Ashmore
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.87%
Purchase Details
Closed on
Aug 4, 1997
Sold by
Campbell John and Campbell Dora G
Bought by
John & Derbie Investors Inc
Purchase Details
Closed on
Jul 15, 1997
Sold by
Campbell John and Campbell Dora C
Bought by
Campbell John and Campbell Dora C
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 |
|---|---|---|---|
| Schreier Gary | -- | None Available | |
| Schreier Gary | $2,700,000 | Afrm Title & Abstract Llc | |
| Hoit Roger W | $1,305,000 | -- | |
| John & Derbie Investors Inc | $1,225,000 | -- | |
| Campbell John | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schreier Gary | $2,025,000 | |
| Previous Owner | Hoit Roger W | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2020 01/16/20 | Sold | $2,700,000 | -6.1% | -- |
| 10/24/2019 10/24/19 | Pending | -- | -- | -- |
| 10/09/2019 10/09/19 | For Sale | $2,875,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $51,549 | $1,183,400 | $592,300 | $591,100 |
| 2024 | $51,206 | $1,183,400 | $592,300 | $591,100 |
| 2023 | $51,206 | $1,183,400 | $592,300 | $591,100 |
| 2022 | $50,685 | $1,183,400 | $592,300 | $591,100 |
| 2021 | $51,087 | $1,183,400 | $592,300 | $591,100 |
| 2020 | $58,969 | $1,352,500 | $592,300 | $760,200 |
| 2019 | $59,037 | $1,352,500 | $592,300 | $760,200 |
| 2018 | $58,658 | $1,352,500 | $592,300 | $760,200 |
| 2017 | $59,037 | $1,352,500 | $592,300 | $760,200 |
| 2016 | $58,171 | $1,352,500 | $592,300 | $760,200 |
| 2015 | $57,035 | $1,352,500 | $592,300 | $760,200 |
| 2014 | $55,561 | $1,352,500 | $592,300 | $760,200 |
Source: Public Records
Agents Affiliated with this Home
-
Zander Oldendorp
-
W
Buyer's Agent in 2020
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
-
R
Buyer Co-Listing Agent in 2020
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Map
Source: Garden State MLS
MLS Number: 3593603
APN: 18-02104-0000-00004
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