NOT LISTED FOR SALE

38 Drum Hill Dr Summit, NJ 07901

Estimated Value: $1,602,000 - $2,323,000

5 Beds
4 Baths
-- Sq Ft
0.36 Acres

Last Sold November 02, 2023

Last sale price $1,725,000

Est. 21% increase in value since last sale

Current estimated payment $13,116/month

76 Days on Market

About This Home

As of November 2023

This home is located at 38 Drum Hill Dr, Summit, NJ 07901 since 06 July 2023 and is currently estimated at $2,078,893. 38 Drum Hill Dr 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

JUDITH WATSON

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 07/06/2023

Last Buyer's Agent

ALLISON B LEES

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Lot Details

  • 0.36

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5228404
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Oct 27, 2023
Sold by
Welton Griffith and Welton Cynthia
Bought by
Tarantino Ronald
Seller's Agent
JUDITH WATSON
LOIS SCHNEIDER REALTOR
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$1,850,000
Sold Price
$1,725,000
Premium/Discount to List
-$125,000
-6.76%
Views
157
Current Estimated Value
$2,078,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,893
Avg. Annual Appreciation
8.94%
Original Mortgage
$750,000
Outstanding Balance
$735,285
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,343,608

Purchase Details

Closed on
Aug 29, 2011
Sold by
Welton Griffith
Bought by
Welton Griffith and Welton Cynthia

Purchase Details

Closed on
Mar 30, 2011
Sold by
Guttilla Christopher and Guttilla Anna
Bought by
Welton Griffith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1999
Sold by
Fishman Robert M and Fishman Kathryn H
Bought by
Guttilla Christopher and Guttilla Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1994
Sold by
Mothleb Mike
Bought by
Fishman Robert and Fishman Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tarantino Ronald $1,725,000 Acres Land Title
Tarantino Ronald $1,725,000 Acres Land Title
Welton Griffith -- None Available
Welton Griffith $1,500,000 Land Title Agency Inc
Guttilla Christopher $675,000 --
Fishman Robert $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarantino Ronald $750,000
Closed Tarantino Ronald $750,000
Previous Owner Welton Griffith $1,200,000
Previous Owner Guttilla Christopher $450,000
Previous Owner Fishman Robert $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $1,725,000 -1.4% --
09/20/2023 09/20/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $1,750,000 -5.4% --
07/06/2023 07/06/23 For Sale $1,850,000 -- --
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
2025 $27,068 $621,400 $279,200 $342,200
2024 $26,888 $621,400 $279,200 $342,200
2023 $26,888 $621,400 $279,200 $342,200
2022 $26,615 $621,400 $279,200 $342,200
2021 $26,826 $621,400 $279,200 $342,200
2020 $27,093 $621,400 $279,200 $342,200
2019 $27,124 $621,400 $279,200 $342,200
2018 $26,950 $621,400 $279,200 $342,200
2017 $27,124 $621,400 $279,200 $342,200
2016 $26,726 $621,400 $279,200 $342,200
2015 $26,204 $621,400 $279,200 $342,200
2014 $25,527 $621,400 $279,200 $342,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JUDITH WATSON

    LOIS SCHNEIDER REALTOR

  • A

    Buyer's Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3853052

Garden State MLS

APN: 18-05602-0000-00038

New Jersey Union County Summit 07901

38 Drum Hill Dr, Summit, NJ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes