NOT LISTED FOR SALE

32 Colt Rd Summit, NJ 07901

Summit Area

Estimated Value: $3,500,000 - $3,865,653

6 Beds
5 Baths
2,609 Sq Ft
$1,412/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2023

Last sale price $3,100,000 $1,188 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $23,147 / mo

11 Days on Market

About This Home

As of May 2023

This home is located at 32 Colt Rd, Summit, NJ 07901 since 27 March 2023 and is currently estimated at $3,684,218, approximately $1,412 per square foot. This property was built in 1925. 32 Colt Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 03/27/2023

Co-Listed By

LINDA PECK

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

Zander Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.56

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0.56 Acres

Listing Details

  • Year Built: 1925
  • County Name: Union
  • I D: 5209762
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .564AC

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 28, 2023
Sold by
William P White Revocable Family Trust and Lori Ann White Revocable Family Trust
Bought by
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$2,995,000
Sold Price
$3,100,000
Premium/Discount to List
$105,000
3.51%
Current Estimated Value
$3,684,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,218
Avg. Annual Appreciation
5.32%
Original Mortgage
$1,860,000
Outstanding Balance
$1,786,443
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$1,897,775

Purchase Details

Closed on
Jan 5, 2015
Sold by
White William P and White Lori Ann
Bought by
White William P and William P White Revocable Family Trust

Purchase Details

Closed on
May 19, 2014
Sold by
White William and White Lori
Bought by
White William and White Lori

Purchase Details

Closed on
Jul 6, 2010
Sold by
Axtell John D and Axtell Terri
Bought by
White William P and White Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2003
Sold by
Willsey Kevin
Bought by
Axtell John and Axtell Terri

Purchase Details

Closed on
Mar 15, 1996
Sold by
Holcombe Frank J and Holcombe Billie M
Bought by
Willsey Kevin D and Willsey Delia Ann
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Wendy Dessanti Real Estate Agent - Weichert Realtors, Tenafly-Cresskill

    Wendy Dessanti

    Responds Quickly

    Weichert Realtors, Tenafly-Cresskill

    (551) 345-5188

    28 Total Sales

    2 in Summit

    $950K - $1.3M Price Range

    Wendy Dessanti
     Section Image
  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE

    (908) 883-3374

    656 Total Sales

    1 in Summit

    $800,000 Price

    Michele Klug
     Section Image
  • Lorraine First Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Lorraine First

    KL SOTHEBY'S INT'L. REALTY

    (857) 305-4661

    63 Total Sales

    1 in Summit

    $716,000 Price

    Lorraine First
     Section Image
  • Donald Hansen Real Estate Agent - C-21 NEW BEGINNINGS

    Donald Hansen

    C-21 NEW BEGINNINGS

    (908) 503-2639

    61 Total Sales

    1 in Summit

    $400,000 Price

    Donald Hansen
     Section Image
  • Antje Virostek Real Estate Agent - RE/MAX SELECT - Rockaway

    Antje Virostek

    RE/MAX SELECT - Rockaway

    (551) 244-7405

    48 Total Sales

    1 in Summit

    $385,000 Price

    Antje Virostek
     Section Image
  • Pamela 'Jill' Sockwell Real Estate Agent - COMPASS NEW JERSEY, LLC

    Pamela 'Jill' Sockwell

    COMPASS NEW JERSEY, LLC

    (917) 634-3370

    141 Total Sales

    2 in Summit

    $805K - $999K Price Range

    Pamela 'Jill' Sockwell
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,100,000 Simplicity Title
White William P -- None Available
White William $112,000 None Available
White William P $1,935,000 Stewart Title Guaranty Co
Axtell John $1,715,000 --
Willsey Kevin D $763,750 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,860,000
Previous Owner White William P $1,300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $3,100,000 +3.5% $1,188 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $2,995,000 -- $1,148 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $35,003 $782,900 $369,200 $413,700
2025 $35,003 $782,900 $369,200 $413,700
2024 $33,876 $782,900 $369,200 $413,700
2023 $33,876 $782,900 $369,200 $413,700
2022 $33,532 $782,900 $369,200 $413,700
2021 $33,798 $782,900 $369,200 $413,700
2020 $34,134 $782,900 $369,200 $413,700
2019 $34,174 $782,900 $369,200 $413,700
2018 $33,954 $782,900 $369,200 $413,700
2017 $40,276 $922,700 $369,200 $553,500
2016 $39,685 $922,700 $369,200 $553,500
2015 $38,910 $922,700 $369,200 $553,500
2014 $35,193 $856,700 $303,200 $553,500
Source: Public Records

Agents Affiliated with this Home

  • AL

    Seller's Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • LP

    Seller Co-Listing Agent in 2023

    LINDA PECK

    PROMINENT PROPERTIES SIR

  • Zander Oldendorp Real Estate Agent - COMPASS NEW JERSEY, LLC

    Buyer's Agent in 2023

    Zander Oldendorp

    COMPASS NEW JERSEY, LLC

    (973) 229-6475

    153 Total Sales

    Zander Oldendorp
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Map

Source: Garden State MLS

MLS Number: 3835156

Garden State MLS

APN: 18-04701-0000-00015

New Jersey Union County Summit 07901

32 Colt Rd, Summit, NJ

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