Seller's Agent in 2024
Maren Dinsmore
PROMINENT PROPERTIES SIR
(908) 337-4437
11 in this area
42 Total Sales
38 Templar Way Summit, NJ 07901
5
Beds
4.5
Baths
3,955
Sq Ft
0.34
Acres
Highlights
- In Ground Pool
- Colonial Architecture
- Wood Flooring
- L C Johnson Summit Middle School Rated A+
- Recreation Room
- Steam Shower
About This Home
As of October 2024Located on the prestigious Northside in the coveted Lincoln Hubbard school district, this classic Center Hall Colonial offers sun-drenched rooms, an open floor plan & a private backyard oasis. The large eat in gourmet Kitchen with center island offers views of the professionally landscaped backyard and pool and is next to the Mud Room with desk & Laundry Room. The Family Room with high ceilings, built-ins and windows on two sides makes a great gathering spot. There is plenty of space on the 2nd floor with 5 bedrooms and 3 full baths including the generously sized Master Suite with plenty of closet space & office area. The lower level is home to the Recreation Room, a full bath and a Wine Cellar.
Last Agent to Sell the Property
JILL BRAY
PROMINENT PROPERTIES SIR Listed on: 06/18/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,047
Year Built
- Built in 1948
Lot Details
- Level Lot
- Sprinkler System
Parking
- 2 Car Direct Access Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slate Roof
- Wood Siding
Interior Spaces
- 3,955 Sq Ft Home
- Thermal Windows
- Mud Room
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Utility Room
- Partially Finished Basement
- Sump Pump
Kitchen
- Eat-In Kitchen
- Recirculated Exhaust Fan
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Soaking Tub
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- In Ground Pool
- Patio
Schools
- Lincoln-Hubbard Elementary School
- Summit Middle School
- Summit High School
Utilities
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Community Details
- Community Pool
Listing and Financial Details
- Assessor Parcel Number 2918-02403-0000-00016-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Oct 25, 2024
Sold by
Kardis Phillip J and Kardis Penny
Bought by
Marwaha Rishi and Khullar Raghavi
Seller's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
Buyer's Agent
JOSEPH FACCHINEI
PROMINENT PROPERTIES SIR
List Price
$2,150,000
Sold Price
$2,500,000
Premium/Discount to List
$350,000
16.28%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,193
Avg. Annual Appreciation
3.93%
Original Mortgage
$2,000,000
Outstanding Balance
$1,977,652
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$611,541
Purchase Details
Listed on
Jun 18, 2020
Closed on
Sep 10, 2020
Sold by
Allinson Albert Edward and Allinson Hilary
Bought by
Kardis Phillip J and Kardis Penny
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
List Price
$1,650,000
Sold Price
$1,800,000
Premium/Discount to List
$150,000
9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$1,260,000
Interest Rate
2.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2005
Sold by
Cooke Jeremy D
Bought by
Albert Edward Allinson
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $2,500,000 | Acres Land Title | |
| Bargain Sale Deed | $2,500,000 | Acres Land Title | |
| Deed | $1,800,000 | Simplicity Title Llc | |
| Deed | $1,770,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Closed | $2,000,000 | New Conventional | |
| Previous Owner | $1,260,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Sold | $2,500,000 | +16.3% | $657 / Sq Ft |
| 09/18/2024 09/18/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | For Sale | $2,150,000 | +19.4% | $565 / Sq Ft |
| 09/15/2020 09/15/20 | Sold | $1,800,000 | +9.1% | $455 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 06/18/2020 06/18/20 | For Sale | $1,650,000 | -- | $417 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $33,977 | $780,000 | $262,500 | $517,500 |
| 2024 | $33,751 | $780,000 | $262,500 | $517,500 |
| 2023 | $33,751 | $780,000 | $262,500 | $517,500 |
| 2022 | $33,407 | $780,000 | $262,500 | $517,500 |
| 2021 | $33,673 | $780,000 | $262,500 | $517,500 |
| 2020 | $34,008 | $780,000 | $262,500 | $517,500 |
| 2019 | $39,263 | $899,500 | $262,500 | $637,000 |
| 2018 | $39,011 | $899,500 | $262,500 | $637,000 |
| 2017 | $39,263 | $899,500 | $262,500 | $637,000 |
| 2016 | $38,688 | $899,500 | $262,500 | $637,000 |
| 2015 | $37,932 | $899,500 | $262,500 | $637,000 |
| 2014 | $36,951 | $899,500 | $262,500 | $637,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maren Dinsmore
-
Cynthia Bienemann
Seller Co-Listing Agent in 2024
Cynthia Bienemann
PROMINENT PROPERTIES SIR
(973) 652-4336
12 in this area
62 Total Sales
-
J
Buyer's Agent in 2024
JOSEPH FACCHINEI
PROMINENT PROPERTIES SIR
-
J
Seller's Agent in 2020
JILL BRAY
PROMINENT PROPERTIES SIR
Map
Source: Garden State MLS
MLS Number: 3641381
APN: 18-02403-0000-00016
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