NOT LISTED FOR SALE

32 Colt Rd Summit, NJ 07901

Estimated Value: $3,531,000 - $3,629,000

6 Beds
5 Baths
2,609 Sq Ft
$1,373/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 $22,807 / 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 $3,582,034, approximately $1,372 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

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
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
$3,682,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,478
Avg. Annual Appreciation
4.62%
Original Mortgage
$1,860,000
Interest Rate
0.0628%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2015
Sold by
Bought by

Purchase Details

Closed on
May 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2010
Sold by
Bought by

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
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 1996
Sold by
Bought by
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Available
$112,000 None Available
$1,935,000 Stewart Title Guaranty Co
$1,715,000 --
$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
Closed $1,860,000
Closed $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

  • A

    Seller's Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • L

    Seller Co-Listing Agent in 2023

    LINDA PECK

    PROMINENT PROPERTIES SIR

  • Zander Oldendorp

    Buyer's Agent in 2023

    Zander Oldendorp

    COMPASS NEW JERSEY, LLC

    (973) 229-6475

    150 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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