NOT LISTED FOR SALE

31 N Summit Ave Chatham, NJ 07928

Estimated Value: $1,268,000 - $1,371,000

3 Beds
3.5 Baths
1,868 Sq Ft
$705/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $986,000 $528 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,325/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Chatham High School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2021

This in-town home is updated to perfection, from the attic bonus room to the fabulous basement, and includes a brand new chef's kitchen from 2019. Nestled in the center of the neighborhood, this 1929 charmer also has newer baths, designer closets, and a full finished basement with built-ins and added bath. A generous foyer with powder room opens to a light and bright LR and into a side family room. The kitchen with breakfast bar is open to formal dining room, which leads to the private deck for outdoor entertaining. The second floor has a master with bath, 2 add'l beds, and walk up access to finished attic, currently used as a home office. From electric to plumbing, roof to basement, it is a gem. Bright and inviting- this home will impress beyond measure.

Last Agent to Sell the Property

MARGARET CARROLL

COLDWELL BANKER REALTY Listed on: 01/14/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

LOUISE BIUNNO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,537

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Private Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Wood Siding
  • Tile

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed
  • Outbuilding

Schools

  • Milton Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2304-00055-0000-00041-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,537

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1929
  • Year Built Description: Renovated
  • County Name: Morris
  • Exclusions: see agent
  • Possible Other Uses: Home-Office
  • Renovated Year: 2012
  • Street Number Display: 31
  • Directions: Main St to N Summit Ave
  • I D: 5039661
  • Modified: 2022-06-23
  • Number Images: 23
  • Section Subdiv Development: In Town
  • First Name: MARGARET
  • First Name3: LOUISE
  • Last Name: CARROLL
  • Last Name3: BIUNNO
  • Office Phone3: 908-313-8427
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Jennaire Type, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, WineRefr
  • Interior Amenities: Bar-Dry, Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Shades, Smoke Detector, StallShw, TubShowr
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Laundry Room, Leisure, Office, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: Basement
  • Other Room 2: Attic
  • Other Room2 Level: Third
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Living Room, OutEntrn, Pantry, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic, Den
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Brick, ConcBrd, Wood
  • Exterior Features: Curbs, Deck, Outbuilding(s), Sidewalk, Storage Shed, Thermal Windows/Doors
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Detached Garage, Oversize Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive, Hard Surface

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Milton
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 50X125
  • Assessed Improvement Value: 238400
  • Assessed Land Value: 378800
  • Assessment: 617200
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 41
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14
  • Zoning: Residential

Rental Info

  • Pets Allowed: CatsOK, DogsOK, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12537
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00055-0000-00041-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.104
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Milton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jun 18, 2021
Sold by
Barrette Joseph A and Barrette Lisa A
Bought by
Wood Andrew E and Griglik Devin K
Seller's Agent
MARGARET CARROLL
COLDWELL BANKER REALTY
Buyer's Agent
LOUISE BIUNNO
COLDWELL BANKER REALTY
List Price
$960,000
Sold Price
$986,000
Premium/Discount to List
$26,000
2.71%
Current Estimated Value
$1,317,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,413
Avg. Annual Appreciation
4.51%
Original Mortgage
$698,000
Outstanding Balance
$640,151
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$543,748

Purchase Details

Closed on
Feb 14, 2011
Sold by
Palmer William K and Palmer Donna M
Bought by
Barrette Joseph A and Barrette Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2009
Sold by
Palmer William K and Palmer Donna M
Bought by
Palmer William K and Palmer Donna M
Source: Public Records

Range of Values:

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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
Wood Andrew E $986,000 Chicago Title Company Llc
Barrette Joseph A $625,000 Multiple
Palmer William K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Andrew E $698,000
Previous Owner Barrette Joseph A $417,000
Previous Owner Barrette Joseph A $299,965
Previous Owner Barrette Joseph A $150,000
Previous Owner Barrette Joseph A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $986,000 +2.7% $528 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $960,000 -- $514 / 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 $13,761 $885,500 $543,800 $341,700
2023 $13,761 $885,500 $543,800 $341,700
2022 $13,190 $617,200 $378,800 $238,400
2021 $13,078 $617,200 $378,800 $238,400
2020 $13,078 $617,200 $378,800 $238,400
2019 $12,538 $595,900 $378,800 $217,100
2018 $12,186 $595,900 $378,800 $217,100
2017 $11,835 $595,900 $378,800 $217,100
2016 $11,525 $595,900 $378,800 $217,100
2015 $11,388 $595,900 $378,800 $217,100
2014 $11,255 $593,300 $378,800 $214,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3687004

Garden State MLS

APN: 04-00055-0000-00041