NOT LISTED FOR SALE

38 Colt Rd Summit, NJ 07901

Estimated Value: $2,059,127 - $2,988,000

4 Beds
4.5 Baths
2,743 Sq Ft
$902/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $1,735,000 $633 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $16,323/month

59 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Home Office

About This Home

As of September 2016

Elegant 4 BR, 4.1 Bath Colonial, ideally located in the prestigious Woodland Park Section features exceptional architectural details & stunning open-concept Kitchen Family Room. This classic Colonial has been updated from top to bottom. Gourmet Kitchen features chef-grade appliances, custom cabinetry, spacious soapstone center island open to Family Rm w/gas fplc & custom built-ins. French Doors from Kitchen or sunny Home Office open up to 2 blue stone patios, one under cover & one open-air, surrounded by level yard and mature plantings. Formal LR & DR, tiled Mud Rm w/cubbies & Powder Rm complete the 1st level. Enjoy 4 BRs (all with custom closets) & 3 full Baths on the 2nd level. Lower level offers high ceilings, large Rec Rm w/custom built-ins, tiled Laundry Rm, storage & full Bath.

Last Agent to Sell the Property

LINDA SCOTT

COLDWELL BANKER REALTY Listed on: 05/23/2016

Last Buyer's Agent

JILL BRAY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,619

Year Built

  • Built in 1960

Lot Details

  • 0.43 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Private Driveway

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic Fan
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04701-0000-00012-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,619

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • County Name: Union
  • Exclusions: Martin bird house, window treatments & hardware (except Family Rm)
  • Renovated Year: 2008
  • Street Number Display: 38
  • Directions: Blackburn Rd to Colt Rd
  • I D: 4628671
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Woodland Park
  • First Name: LINDA
  • First Name3: JILL
  • Last Name: SCOTT
  • Last Name3: BRAY
  • Office Phone: 973-635-3258
  • Office Phone3: 908-376-2725
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Carpeting, Stone, Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: SoakTub, StallShw, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished
  • Basement Level Rooms: Storage Room, Laundry Room, Rec Room, Utility Room, Bath Main
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 28x16
  • Kitchen Level: First
  • Living Room Dim: 21x15
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 15x13
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 27x15
  • Other Room2 Level: Basement
  • Other Room3 Dim: 9x7
  • Other Room3 Level: First
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 19x9
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Family Room, Kitchen, Powder Room, Foyer, Office, Dining Room, Living Room, SeeRem
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Open Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air, Attic Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Humidifr, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.428
  • Assessed Improvement Value: 431300
  • Assessed Land Value: 318500
  • Assessment: 749800
  • Easement: Unknown
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.43

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31619
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04701-0000-00012-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 12, 2016
Sold by
David Malcolm Inggs
Bought by
Moran Diana and Moran Kieran
Seller's Agent
LINDA SCOTT
COLDWELL BANKER REALTY
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$1,795,000
Sold Price
$1,735,000
Premium/Discount to List
-$60,000
-3.34%
Current Estimated Value
$2,499,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,506
Avg. Annual Appreciation
3.30%
Original Mortgage
$950,000
Outstanding Balance
$767,241
Interest Rate
3.44%
Estimated Equity
$1,552,671

Purchase Details

Closed on
Oct 25, 2010
Sold by
Inggs David Malcolm
Bought by
Inggs David Malcolm and Inggs Shona Lee

Purchase Details

Closed on
Sep 2, 1998
Sold by
Nagy Jules G and Nagy Anna C
Bought by
Nagy Jules G
Source: Public Records

Range of Values:

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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
Moran Diana -- --
Inggs David Malcolm -- None Available
Nagy Jules G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Kieran $399,000
Closed Moran Diana $300,000
Open Moran Diana $950,000
Closed Moran Diana --
Closed Moran Diana $950,000
Previous Owner Inggs David Malcolm $188,000
Previous Owner Inggs David Malcolm $924,000
Previous Owner Inggs David Macolm $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $1,735,000 -3.3% $633 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $1,795,000 -- $654 / 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 $32,444 $749,800 $318,500 $431,300
2023 $32,444 $749,800 $318,500 $431,300
2022 $32,369 $749,800 $318,500 $431,300
2021 $32,369 $749,800 $318,500 $431,300
2020 $32,691 $749,800 $318,500 $431,300
2019 $32,729 $749,800 $318,500 $431,300
2018 $32,519 $749,800 $318,500 $431,300
2017 $32,729 $749,800 $318,500 $431,300
2016 $32,249 $749,800 $318,500 $431,300
2015 $31,619 $749,800 $318,500 $431,300
2014 $30,802 $749,800 $318,500 $431,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    LINDA SCOTT

    COLDWELL BANKER REALTY

  • J

    Buyer's Agent in 2016

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3309058

Garden State MLS

APN: 18-04701-0000-00012

New Jersey Union County Summit 07901

38 Colt Rd, Summit, NJ

This home is located at 38 Colt Rd, Summit, NJ 07901 since 23 May 2016 and is currently estimated at $2,474,042, approximately $901 per square foot. This property was built in 1960. 38 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.

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