NOT LISTED FOR SALE

34 Colt Rd Summit, NJ 07901

Estimated Value: $2,142,916 - $3,023,000

-- Bed
-- Bath
3,071 Sq Ft
$802/Sq Ft Est. Value

About This Home

This home is located at 34 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,462,229, approximately $801 per square foot. 34 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Hammond William H
Bought by
Hammond William H and Quintaglie Mcilwain Annmarie
Current Estimated Value
$2,323,905

Purchase Details

Closed on
Sep 5, 2014
Sold by
Hammond William H
Bought by
Hammond William H

Purchase Details

Closed on
Oct 16, 1997
Sold by
Sargent D Alec and Sargent Lee M
Bought by
Hammond Patricia Dempsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.46%

Purchase Details

Closed on
Aug 7, 1995
Sold by
Lebrun Thomas M and Lebrun Catherine D
Bought by
Sargent D Alec and Sargent Lee M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hammond William H $920,000 Allied Title
Hammond William H -- Chicago Title Insurance Co
Hammond Patricia Dempsey $780,000 Chicago Title Insurance Co
Sargent D Alec $759,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammond William H $50,000
Previous Owner Hammond Patricia Dempsey $585,000
Source: Public Records

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 $31,111 $788,900 $349,100 $439,800
2023 $31,111 $719,000 $349,100 $369,900
2022 $30,795 $719,000 $349,100 $369,900
2021 $31,039 $719,000 $349,100 $369,900
2020 $31,348 $719,000 $349,100 $369,900
2019 $31,384 $719,000 $349,100 $369,900
2018 $34,887 $804,400 $349,100 $455,300
2017 $35,112 $804,400 $349,100 $455,300
2016 $34,597 $804,400 $349,100 $455,300
2015 $33,922 $804,400 $349,100 $455,300
2014 $33,045 $804,400 $349,100 $455,300
Source: Public Records

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