NOT LISTED FOR SALE

31 Edison Dr Summit, NJ 07901

Estimated Value: $928,128 - $1,241,000

4 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $775,000

Est. 40% increase in value since last sale

Current estimated payment $6,847/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • L-Shaped Dining Room
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of October 2020

Completely renovated & expanded 4BR & 3FBT Colonial on a quiet neighborhood street a block away from Briant Park. Your Search is Over! Rare 1st floor BR w| adjacent full BT, expansive white kitchen w| breakfast room SS appliances calacatta marble like quartz counter tops w| deep SS sink & goose neck faucet leading seamlessly to back yard. Master BR en suite w|2 closets, expansive tiled shower w|glass surround enclosure,top of the line Kohler shower kit, custom double vanity w quartz counter top, 2 additional BRs & Hall BTH w|tub shower complete 2nd level. Lower level w recreation, utility & laundry areas. Other Special Features: HW floors levels 1& 2. New: roof, HVAC, water heater, plumbing, 200 AMP electric service, interior & exterior doors, windows, garage door w|opener, resurfaced driveway. New SF value

Last Agent to Sell the Property

MARTHA MCDONNELL

PROMINENT PROPERTIES SIR Listed on: 08/18/2020

Last Buyer's Agent

Robert Chaconas

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Jefferson Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03909-0000-00019-0000-

Home Details

Home Type

Single Family

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1949
  • Year Built Description: Approximate, Renovated
  • County Name: Union
  • Exclusions: no exclusions
  • Directions: Morris to Edison, before Summit car wash. Or Morris to Orchard left on Brant Park, left onto Edison
  • I D: 4997361
  • Section Subdiv Development: Briant Park
  • First Name: MARTHA
  • First Name3: ROBERT
  • Last Name: MCDONNELL
  • Last Name3: CHACONAS
  • Office Phone: 973-301-0307
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x14
  • Kitchen Level: First
  • Living Room Dim: 12x11
  • Living Room Level: First
  • Other Room1 Dim: 10x8
  • Other Room1 Level: First
  • Other Room 2: Breakfast
  • Other Room2 Dim: 21x24
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Dining Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.114
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11
  • Zoning: residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2918-03909-0000-00019-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Oct 13, 2020
Sold by
Bbs1 Llc
Bought by
Reid Jonathan Caza and Weinstein Elizabeth Megan
Seller's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Buyer's Agent
Robert Chaconas
KELLER WILLIAMS - NJ METRO GROUP
List Price
$725,000
Sold Price
$775,000
Premium/Discount to List
$50,000
6.9%
Current Estimated Value
$1,084,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,532
Avg. Annual Appreciation
6.65%
Original Mortgage
$620,000
Outstanding Balance
$551,457
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$533,075

Purchase Details

Closed on
Oct 15, 2019
Sold by
Cerciello Virginia G and Giordano Dominick
Bought by
Bbs1 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reid Jonathan Caza $775,000 Residential Commercial Title
Bbs1 Llc $340,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Jonathan Caza $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $775,000 +6.9% --
09/04/2020 09/04/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $725,000 -- --
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
2025 $14,166 $325,200 $88,600 $236,600
2024 $14,071 $325,200 $88,600 $236,600
2023 $14,071 $325,200 $88,600 $236,600
2022 $13,928 $325,200 $88,600 $236,600
2021 $14,039 $325,200 $88,600 $236,600
2020 $7,495 $171,900 $88,600 $83,300
2019 $7,503 $171,900 $88,600 $83,300
2018 $7,455 $171,900 $88,600 $83,300
2017 $7,503 $171,900 $88,600 $83,300
2016 $7,393 $171,900 $88,600 $83,300
2015 $7,249 $171,900 $88,600 $83,300
2014 $7,062 $171,900 $88,600 $83,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MARTHA MCDONNELL

    PROMINENT PROPERTIES SIR

  • Robert Chaconas

    Buyer's Agent in 2020

    Robert Chaconas

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 765-4984

    31 Total Sales

    Robert Chaconas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3657092

Garden State MLS

APN: 18-03909-0000-00019

New Jersey Union County Summit 07901

31 Edison Dr, Summit, NJ

Not Listed for Sale

Detached

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