NOT LISTED FOR SALE

38 Drum Hill Dr Summit, NJ 07901

Estimated Value: $1,564,000 - $2,451,000

5 Beds
4 Baths
-- Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: November 2, 2023

Last sale price $1,725,000

Est. 26% increase in value since last sale

Current estimated payment $13,986 / mo

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 $2,171,730. 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

0.36 Acres

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

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
Jul 6, 2023
Closed on
Oct 27, 2023
Sold by
Bought by
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
$2,171,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,730
Avg. Annual Appreciation
9.15%
Original Mortgage
$750,000
Outstanding Balance
$735,285
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,436,445

Purchase Details

Closed on
Aug 29, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2011
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
$1,200,000
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1999
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
$450,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1994
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
$425,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

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

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ICE

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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
$1,725,000 Acres Land Title
$1,725,000 Acres Land Title
-- None Available
$1,500,000 Land Title Agency Inc
$675,000 --
$565,000 --
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 $750,000
Closed $750,000
Previous Owner $1,200,000
Previous Owner $450,000
Previous Owner $425,000
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
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

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
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

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