$885,000
SOLD SEP 30, 2020

40 Sheffield Rd Summit, NJ 07901

3 Beds
3.5 Baths
-- Sq Ft
0.31 Acres

Recently Sold

3% Below List Price

33 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Living Room with Fireplace
  • Attic

About This Home

As of September 2020

Renovated Northside Colonial attractive curb appeal, totally move-in condition & a great open floor plan. Located on Summit's sought-after Northside, Lincoln Elem. district. Updtd, white EIK open concept to Fam Rm w/built-ins & Breakfast Rm w/vaulted ceiling. LR w/FP, DR, 1st floor Mud/Ldry rm w/super convenient direct entry from 2 car att gar-ALL ON 1ST FLR. On second: Master Suite w/new LUX Mast Bath & custom WIC, 2 addt'l BRs plus play rm/OFC, new/renovated Hall Bth. Walk-out LL: rec rm, Kitchenette, full BA & sep entrance to backyard-perfect nanny/guest area. Privately set property, deck & patio, 2 sheds, tucked away cul-de-sac yet quick access to town, schools & NYC transp. A home for today's living offering impressive curb appeal & lots of updates!

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 07/23/2020

Last Buyer's Agent

KAREN LYMAN

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,185

Year Built

  • Built in 1960

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Drapes & Rods
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Utility Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • <<selfCleaningOvenToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02401-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,185

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: breakfast room light fixture & curtains/hardware in living & dining rm
  • Street Number Display: 40
  • Directions: Essex to Sheffield, on cul-de-sac
  • I D: 5001566
  • Modified: 2021-10-01
  • Number Images: 25
  • Section Subdiv Development: Northside
  • First Name: KIM
  • First Name3: KAREN
  • Last Name: CANNON
  • Last Name3: LYMAN
  • Office Phone3: 292334
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Insert, Living Room, Rec Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Stackable Washer/Dryer, Sump Pump, WineRefr
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Drapes, Fire Extinguisher, Skylight, Smoke Detector, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 10
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Bath(s) Other, Outside Entrance, Rec Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 16x12
  • Kitchen Level: First
  • Living Room Dim: 20x12
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 13x12
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 12x10
  • Other Room2 Level: Second
  • Other Room 3: MudRoom
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 23x16
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Office
  • Level 3 Rooms: Attic
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Patio, Storage Shed, Underground Lawn Sprinkler, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: 2 Units, Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 110X122
  • Assessed Improvement Value: 202500
  • Assessed Land Value: 145400
  • Assessment: 347900
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.31
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15185
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02401-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 25, 2020
Sold by
Wolf Kimberly Ann
Bought by
Fairelough Anna and Mbuyi Tshiskedi
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
List Price
$910,000
Sold Price
$885,000
Premium/Discount to List
-$25,000
-2.75%
Current Estimated Value
$1,300,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,585
Avg. Annual Appreciation
6.74%
Original Mortgage
$619,500
Outstanding Balance
$562,100
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$648,303

Purchase Details

Listed on
Jul 13, 2012
Closed on
Jul 5, 2012
Sold by
Wood Andrew C
Bought by
Wolf Kimberly Ann
Seller's Agent
LOUISE BIUNNO
COLDWELL BANKER REALTY
Sold Price
$710,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Martine Louis J and Martine Marie A
Bought by
Wood Andrew C and Wood Gina M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $885,000 Main Street Setmnts Svcs Llc
Deed $710,000 --
Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $619,500 New Conventional
Previous Owner $250,000 Future Advance Clause Open End Mortgage
Previous Owner $22,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $885,000 -2.7% --
08/25/2020 08/25/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $910,000 +28.2% --
07/13/2012 07/13/12 Sold $710,000 -- --
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
2024 $15,054 $347,900 $145,400 $202,500
2023 $15,054 $347,900 $145,400 $202,500
2022 $14,901 $347,900 $145,400 $202,500
2021 $15,019 $347,900 $145,400 $202,500
2020 $15,168 $347,900 $145,400 $202,500
2019 $15,186 $347,900 $145,400 $202,500
2018 $15,088 $347,900 $145,400 $202,500
2017 $13,811 $316,400 $145,400 $171,000
2016 $13,608 $316,400 $145,400 $171,000
2015 $13,343 $316,400 $145,400 $171,000
2014 $12,998 $316,400 $145,400 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3650705

Garden State MLS

APN: 18-02401-0000-00001