NOT LISTED FOR SALE

4 Watchung Place Summit, NJ 07901

Estimated Value: $1,653,000 - $1,794,000

4 Beds
3.5 Baths
1,790 Sq Ft
$965/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $1,105,000 $617 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $11,042/month

11 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • Home Office
  • L C Johnson Summit Middle School Rated A+
  • Mud Room
  • 3-minute walk to Soldier's Memorial Field

About This Home

As of June 2020

Location Location! Just steps to Memorial Field This English Tudor is sure to delight. First floor features living room with gas fire place and built-ins, formal dining room, gourmet kitchen that opens to family room, mud room, powder room and cozy den/office. 3 bedrooms on second floor including master suite. Third floor renovated in 2018 with bedroom and full bath. Finished rec room and plenty of storage in basement. Enjoy all Summit has to offer with this walk to everything home in premier neighborhood!

Last Agent to Sell the Property

KAREN HENDRIE

PROMINENT PROPERTIES SIR Listed on: 05/15/2020

Last Buyer's Agent

CHRISTINE LAYNG

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,779

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Tudor Architecture
  • Stone Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Mud Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Washer

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room

Finished Basement

  • Front Basement Entry
  • Sump Pump

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2918-04610-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,779

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2010
  • Street Number Display: 4
  • Directions: Mountain Ave to Tulip to Watchung. Or Ashland to Tulip to Watchung.
  • I D: 4980286
  • Modified: 2021-09-23
  • Number Images: 19
  • First Name: KAREN
  • First Name3: CHRISTINE
  • Last Name: HENDRIE
  • Last Name3: LAYNG
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: CookGas, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Trash Compactor, Washer
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Dim: 13x12
  • Kitchen Level: First
  • Living Room Dim: 14x21
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Family Room, Kitchen, LivDinRm, MudRoom, Office, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Stone, Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 0.149
  • Assessed Improvement Value: 189500
  • Assessed Land Value: 194900
  • Assessment: 384400
  • Easement: Unknown
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16779
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04610-0000-00023-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 24, 2020
Sold by
Espeland Nelson and Terry Meghan
Bought by
Aschwald Eric and Aschwald Christine
Seller's Agent
KAREN HENDRIE
PROMINENT PROPERTIES SIR
Buyer's Agent
CHRISTINE LAYNG
COLDWELL BANKER REALTY
List Price
$1,125,000
Sold Price
$1,105,000
Premium/Discount to List
-$20,000
-1.78%
Total Days on Market
11
Current Estimated Value
$1,727,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,550
Avg. Annual Appreciation
6.54%
Original Mortgage
$1,008,423
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2008
Sold by
Mehlman Stewart K
Bought by
Espeland Nelson and Terry Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1999
Sold by
Mehlman Albert G
Bought by
Mehlman Albert G
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Aschwald Eric $1,105,000 Acres Land Title Agency Llc
Espeland Nelson $820,000 Lawyers Title Insurance Corp
Mehlman Albert G -- --
Mehlman Albert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aschwald Eric $1,003,800
Closed Aschwald Eric $1,008,423
Previous Owner Espeland Nelson $607,600
Previous Owner Espeland Nelson $656,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $1,105,000 -1.8% $617 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $1,125,000 -- $628 / 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 $19,549 $451,800 $194,900 $256,900
2023 $19,549 $451,800 $194,900 $256,900
2022 $19,351 $451,800 $194,900 $256,900
2021 $19,504 $451,800 $194,900 $256,900
2020 $18,482 $423,900 $194,900 $229,000
2019 $16,779 $384,400 $194,900 $189,500
2018 $16,671 $384,400 $194,900 $189,500
2017 $16,779 $384,400 $194,900 $189,500
2016 $16,533 $384,400 $194,900 $189,500
2015 $16,210 $384,400 $194,900 $189,500
2014 $15,791 $384,400 $194,900 $189,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    KAREN HENDRIE

    PROMINENT PROPERTIES SIR

  • C

    Buyer's Agent in 2020

    CHRISTINE LAYNG

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3633002

Garden State MLS

APN: 18-04610-0000-00023

New Jersey Union County Summit 07901

4 Watchung Place, Summit, NJ

This home is located at 4 Watchung Place, Summit, NJ 07901 since 15 May 2020 and is currently estimated at $1,727,550, approximately $965 per square foot. This property was built in 1940. 4 Watchung Place 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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