NOT LISTED FOR SALE

31 Lenox Rd Summit, NJ 07901

Estimated Value: $4,639,840 - $5,872,000

6 Beds
6 Baths
5,607 Sq Ft
$908/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $3,600,000 $642 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $31,383/month

1 Day on Market

Highlights

  • Colonial Architecture
  • 4 Fireplaces
  • Forced Air Zoned Heating and Cooling System
  • L C Johnson Summit Middle School Rated A+
  • Eat-In Kitchen

About This Home

As of November 2020

For comp. purposes only

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 09/03/2020

Last Buyer's Agent

NANCY LEONE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,779

Year Built

  • Built in 1908

Lot Details

  • 0.53

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 4 Fireplaces
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2918-02502-0000-00005-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,779

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1908
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: Springfield to Lenox
  • I D: 5038560
  • First Name: SUSAN
  • First Name3: NANCY
  • Last Name: ADLER
  • Last Name3: LEONE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Fireplaces: 4
  • Bedrooms: 6
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Kitchen Area: Eat-In Kitchen
  • Phone: 908-273-2991

Exterior Features

  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 125X186
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 56779
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02502-0000-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 19, 2020
Sold by
Mayes Gregory T and Mayes Tonia Oconnor
Bought by
Mackenzie Bruce and Mackenzie Courtney
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
NANCY LEONE
WEICHERT REALTORS
List Price
$3,695,000
Sold Price
$3,600,000
Premium/Discount to List
-$95,000
-2.57%
Current Estimated Value
$5,088,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,488,613
Avg. Annual Appreciation
7.02%
Original Mortgage
$1,800,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2010
Sold by
Andrews Terry R
Bought by
Mayes Gregory T and Mayes Tonia Oconnor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2007
Sold by
Andrews Clifford S and Andrews Terry R
Bought by
Andrews Terry R

Purchase Details

Closed on
Mar 27, 1995
Sold by
Schliemann Ulrich W and Schliemann Christine
Bought by
Andrews Clifford S and Andrews Terry R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mackenzie Bruce $3,600,000 Allied Title Llc Suite
Mayes Gregory T $2,850,000 None Available
Andrews Terry R -- None Available
Andrews Clifford S $804,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mackenzie Bruce $1,800,000
Previous Owner Mayes Gregory T $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $3,600,000 -2.6% $642 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $3,695,000 -- $659 / 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
2025 $56,663 $1,300,800 $440,200 $860,600
2024 $56,286 $1,300,800 $440,200 $860,600
2023 $56,286 $1,300,800 $440,200 $860,600
2022 $55,713 $1,300,800 $440,200 $860,600
2021 $56,156 $1,300,800 $440,200 $860,600
2020 $56,715 $1,300,800 $440,200 $860,600
2019 $56,780 $1,300,800 $440,200 $860,600
2018 $56,416 $1,300,800 $440,200 $860,600
2017 $56,780 $1,300,800 $440,200 $860,600
2016 $55,947 $1,300,800 $440,200 $860,600
2015 $54,855 $1,300,800 $440,200 $860,600
2014 $53,437 $1,300,800 $440,200 $860,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • N

    Buyer's Agent in 2020

    NANCY LEONE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3684064

Garden State MLS

APN: 18-02502-0000-00005

New Jersey Union County Summit 07901

31 Lenox Rd, Summit, NJ

Not Listed for Sale

Detached

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