Frank LaMorte
LATTIMER REALTY
(862) 298-5327
173 Total Sales
1 in Summit
$1,350,000 Price
4 Lorraine Rd Summit, NJ 07901
Summit AreaEstimated Value: $2,214,092
4
Beds
3.5
Baths
--
Sq Ft
6,534
Sq Ft Lot
Highlights
- Colonial Architecture
- Recreation Room
- Formal Dining Room
- L C Johnson Summit Middle School Rated A+
- Marble Flooring
- Thermal Windows
About This Home
As of June 2020Turn-key Colonial Tudor set in Summit's highly desired Lincoln-Hubbard neighborhood just blocks from schools, downtown & NYC train. This home is situated on a private, level, fenced property. Guest enter into an airy foyer with a finely detailed wrought iron banister. The generous Living Room & Dining Room offer space for entertaining. The large eat-in Kitchen features custom cabinetry, natural stone counters, a massive island with seating & high-end stainless-steel appliances & is next to the Powder Room & sunny Family Rm. The 2nd floor is home to the Master Bedroom Suite with luxurious Carrera bath. Two additional bedrooms & a hall bath complete this level. The 4th bedroom resides on the 3rd floor with its own full bath. The fully finished Lower Level offers a large Rec Room with endless possibilities.
Last Agent to Sell the Property
JILL BRAY
PROMINENT PROPERTIES SIR Listed on: 01/21/2020
Last Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,443
Year Built
- Built in 1928 | Remodeled
Lot Details
- 6,534 Sq Ft Lot
- Privacy Fence
- Level Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
Home Design
- Colonial Architecture
- Tudor Architecture
- Asphalt Shingled Roof
- Stone Siding
- Stucco
Interior Spaces
- Gas Fireplace
- Thermal Windows
- Blinds
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Game Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Cedar Closet
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Sump Pump
- French Drain
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Lincoln-Hubbard Elementary School
- Summit Middle School
- Summit High School
Utilities
- Multiple cooling system units
- Central Air
- Radiator
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-01203-0000-00045-0000-
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
Jan 21, 2020
Closed on
May 26, 2020
Sold by
Fineman Michael A and Fineman Joyce F
Bought by
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$1,425,000
Sold Price
$1,300,000
Premium/Discount to List
-$125,000
-8.77%
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
$914,092
Avg. Annual Appreciation
8.79%
Original Mortgage
$1,040,000
Outstanding Balance
$884,750
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,329,342
Purchase Details
Closed on
Jun 27, 1997
Sold by
Corradetti Robert A and Corradetti Gertrude E
Bought by
Fineman Michael A and Fineman Joyce F
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, NJ
-
Frank LaMorte
-
Mikaela Arpino
Mikaela Arpino
NJ Real Estate Boutique, LLC
(862) 860-1682
338 Total Sales
2 in Summit
$509K - $1.4M Price Range
-
Shuang Liang
Shuang Liang
Premiumone Realty
(862) 214-7430
73 Total Sales
3 in Summit
$1.1M - $1.8M Price Range
-
Anita Vogel
Anita Vogel
Weichert Realtors, Montclair
(862) 292-4859
14 Total Sales
2 in Summit
$400,000 Price Range
-
Jesse Flowers
Jesse Flowers
COLDWELL BANKER REALTY
(908) 913-7468
43 Total Sales
1 in Summit
$815,000 Price
-
Steph Mahon
Steph Mahon
Compass New Jersey
(833) 669-4351
78 Total Sales
2 in Summit
$420K - $1.6M Price Range
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 |
|---|---|---|---|
| $1,300,000 | Stewart Title Guaranty Co | ||
| Fineman Michael A | $440,000 | Chicago Title Insurance Co |
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 | $1,040,000 |
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 |
|---|---|---|---|---|
| 06/02/2020 06/02/20 | Sold | $1,300,000 | -8.8% | -- |
| 03/25/2020 03/25/20 | Pending | -- | -- | -- |
| 01/21/2020 01/21/20 | For Sale | $1,425,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2026 | $25,199 | $563,600 | $210,000 | $353,600 |
| 2025 | $25,199 | $563,600 | $210,000 | $353,600 |
| 2024 | $24,387 | $563,600 | $210,000 | $353,600 |
| 2023 | $24,387 | $563,600 | $210,000 | $353,600 |
| 2022 | $24,139 | $563,600 | $210,000 | $353,600 |
| 2021 | $24,331 | $563,600 | $210,000 | $353,600 |
| 2020 | $24,573 | $563,600 | $210,000 | $353,600 |
| 2019 | $24,601 | $563,600 | $210,000 | $353,600 |
| 2018 | $24,443 | $563,600 | $210,000 | $353,600 |
| 2017 | $24,601 | $563,600 | $210,000 | $353,600 |
| 2016 | $24,240 | $563,600 | $210,000 | $353,600 |
| 2015 | $23,767 | $425,000 | $210,000 | $215,000 |
| 2014 | $17,459 | $425,000 | $210,000 | $215,000 |
Source: Public Records
Agents Affiliated with this Home
-
JB
Seller's Agent in 2020
JILL BRAY
PROMINENT PROPERTIES SIR
-
SA
Buyer's Agent in 2020
SUSAN ADLER
KELLER WILLIAMS REALTY
Map
Source: Garden State MLS
MLS Number: 3611111
APN: 18-01203-0000-00045
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