NOT LISTED FOR SALE

40 Silver Lake Dr Summit, NJ 07901

Estimated Value: $1,553,000 - $2,456,000

5 Beds
4 Baths
3,436 Sq Ft
$612/Sq Ft Est. Value

Last Sold December 13, 2012

Last sale price $1,300,000 $378 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $14,492/month

About This Home

As of December 2012

This home is located at 40 Silver Lake Dr, Summit, NJ 07901 since 13 December 2012 and is currently estimated at $2,103,925, approximately $612 per square foot. This property was built in 1957. 40 Silver Lake 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

PATRICIA CULNEN

WEICHERT REALTORS Brokerage Phone: 908-277-1200 Listed on: 12/13/2012

Last Buyer's Agent

Hilary Taylor

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.43 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • County Name: Union
  • I D: 4267534
  • Attribution Contact: 908-277-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.43
  • Total Acres: 0.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2020
Sold by
Padgett Elizabeth A Edmiston and Padgett Jordan
Bought by
Cano Sokol and Tully Cano Elizabeth
Current Estimated Value
$2,346,925

Purchase Details

Closed on
Sep 13, 2012
Sold by
Carmons Jsoe and Rossell Johanna
Bought by
Padgett Eluizabeth A Edmiston

Purchase Details

Closed on
Jul 24, 2009
Sold by
Holland Karen E and Jenkins Mark D
Bought by
Carmona Jose and Rossell Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2007
Sold by
Jenkins Mark D and Holland Karen E
Bought by
Holland Karen E

Purchase Details

Closed on
Sep 7, 2003
Sold by
Schroeder Jeffrey
Bought by
Jenkins Mark and Holland Karen

Purchase Details

Closed on
Apr 30, 1996
Sold by
Gilligan Edward P and Gilligan Lisa A
Bought by
Schroeder Jeffrey W and Schroeder Angela F
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cano Sokol $1,300,000 Stewart Title
Padgett Eluizabeth A Edmiston $1,300,000 Fidelity National Title Ins
Carmona Jose $1,455,000 Lawyers Title Insurance Corp
Holland Karen E -- None Available
Jenkins Mark $1,450,000 --
Schroeder Jeffrey W $832,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carmona Jose $100,000
Previous Owner Carmona Jose $729,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2012 12/13/12 Sold $1,300,000 -- $378 / 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
2025 $26,789 $615,000 $409,000 $206,000
2024 $26,611 $615,000 $409,000 $206,000
2023 $26,611 $615,000 $409,000 $206,000
2022 $26,340 $615,000 $409,000 $206,000
2021 $28,855 $668,400 $409,000 $259,400
2020 $29,142 $668,400 $409,000 $259,400
2019 $29,176 $668,400 $409,000 $259,400
2018 $28,989 $668,400 $409,000 $259,400
2017 $29,176 $668,400 $409,000 $259,400
2016 $28,748 $668,400 $409,000 $259,400
2015 $28,186 $668,400 $409,000 $259,400
2014 $27,458 $668,400 $409,000 $259,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 2972458

Garden State MLS

APN: 18-05104-0000-00024