NOT LISTED FOR SALE

40 Silver Lake Dr Summit, NJ 07901

Summit Area

Estimated Value: $2,268,080 - $2,629,000

5 Beds
4 Baths
3,436 Sq Ft
$727/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2012

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

Est. 92% increase in value since last sale

Current estimated payment $15,543 / mo

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 $2,497,027, approximately $726 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

  • 18,731 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0.43 Acres

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

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

Closed on
Jul 30, 2020
Sold by
Bought by
Current Estimated Value
$2,497,027

Purchase Details

Closed on
Sep 13, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2009
Sold by
Bought by

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
0.0543%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

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

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Average Value
Not Available
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

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
$1,300,000 Fidelity National Title Ins
$1,455,000 Lawyers Title Insurance Corp
-- None Available
$1,450,000 --
$832,000 --
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
Previous Owner $100,000
Previous Owner $729,750
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
12/13/2012 12/13/12 Sold $1,300,000 -- $378 / Sq Ft
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 $27,497 $615,000 $409,000 $206,000
2025 $27,497 $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

  • P

    Seller's Agent in 2012

    PATRICIA CULNEN

    WEICHERT REALTORS

  • Hilary Taylor

    Buyer's Agent in 2012

    Hilary Taylor

    COLDWELL BANKER REALTY

    (201) 317-2900

    6 Total Sales

    Hilary Taylor
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Map

Source: Garden State MLS

MLS Number: 2972458

Garden State MLS

APN: 18-05104-0000-00024

New Jersey Union County Summit 07901

40 Silver Lake Dr, Summit, NJ

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