NOT LISTED FOR SALE

41 Drum Hill Dr Summit, NJ 07901

Estimated Value: $1,337,594 - $2,165,000

-- Bed
-- Bath
2,727 Sq Ft
$649/Sq Ft Est. Value

About This Home

This home is located at 41 Drum Hill Dr, Summit, NJ 07901 and is currently estimated at $1,769,399, approximately $648 per square foot. 41 Drum Hill 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2005
Sold by
Graham Lawrence Mcgahen
Bought by
Khullar Vikram and Khullar Shivani
Current Estimated Value
$1,769,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$274,478
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,494,921
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.

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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.

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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.

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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.

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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

Date Buyer Sale Price Title Company
Khullar Vikram $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khullar Vikram $600,000
Source: Public Records

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 $17,934 $411,700 $284,300 $127,400
2024 $17,814 $411,700 $284,300 $127,400
2023 $17,814 $411,700 $284,300 $127,400
2022 $17,633 $411,700 $284,300 $127,400
2021 $17,773 $411,700 $284,300 $127,400
2020 $17,950 $411,700 $284,300 $127,400
2019 $17,940 $411,000 $284,300 $126,700
2018 $17,825 $411,000 $284,300 $126,700
2017 $17,940 $411,000 $284,300 $126,700
2016 $17,363 $403,700 $284,300 $119,400
2015 $17,024 $403,700 $284,300 $119,400
2014 $16,584 $403,700 $284,300 $119,400
Source: Public Records

Map

New Jersey Union County Summit 07901

41 Drum Hill Dr, Summit, NJ

Not Listed for Sale

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