NOT LISTED FOR SALE

41 Wallace Rd Summit, NJ 07901

Estimated Value: $959,402 - $1,277,000

3 Beds
3 Baths
1,785 Sq Ft
$636/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $694,600 $389 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,208/month

89 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Formal Dining Room
  • L C Johnson Summit Middle School Rated A+
  • Den
  • 2 Car Attached Garage

About This Home

As of September 2016

Move right into this meticulously maintained 3 bedroom ranch. Third bedroom is currently a family room. Roof 1 year old First floor laundry Views of golf course 1 full two half baths Generous eat in kitchen Attic access is in cedar closet in master bedroom. Hard wood under carpet

Last Agent to Sell the Property

DIANE KONTRA

COLDWELL BANKER REALTY Listed on: 05/12/2016

Last Buyer's Agent

Deborah Williams

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,067

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Wall to Wall Carpet
  • Partially Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Summit High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2918-00105-0000-00022-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,067

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: washer and dryer
  • Street Number Display: 41
  • Directions: Woodland to Wallace Road
  • I D: 4626067
  • Modified: 2021-09-23
  • Number Images: 3
  • First Name: DIANE
  • First Name3: DEBORAH
  • Last Name: KONTRA
  • Last Name3: WILLIAMS
  • Office Phone: 908-233-3846
  • Office Phone3: 273722
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Interior Amenities: TubOnly, StallShw, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bedroom 1 Level: First
  • Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished-Partially
  • Basement Level Rooms: Bath(s) Other, Den
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Kitchen, Powder Room, 3 Bedrooms, Laundry Room, SeeRem, Bath Main
  • Phone: 908-233-0065

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Storage Shed, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • High School: Summit HS
  • High School: Summit HS

Lot Info

  • Lot Size: 141X100
  • Assessed Improvement Value: 124500
  • Assessed Land Value: 151000
  • Assessment: 275500
  • Easement: Unknown
  • Lot Identifier: 22
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.32

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11067
  • Assessor Parcel Number: 2918-00105-0000-00022-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Joinnides Jennifer
Bought by
Joinnides Jennifer
Current Estimated Value
$1,140,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Outstanding Balance
$479,578
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$594,586

Purchase Details

Listed on
May 12, 2016
Closed on
Sep 20, 2016
Sold by
Ann D Alexander
Bought by
Joinnides Jennifer
Seller's Agent
DIANE KONTRA
COLDWELL BANKER REALTY
Buyer's Agent
Deborah Williams
COLDWELL BANKER REALTY
List Price
$679,600
Sold Price
$694,600
Premium/Discount to List
$15,000
2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$625,140
Interest Rate
3.5%

Purchase Details

Closed on
Jan 30, 1997
Sold by
Alexander Raymond and Alexander Anna
Bought by
Alexander Raymond and Alexander Anna
Source: Public Records

Range of Values:

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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
Joinnides Jennifer -- Signature Closing Svcs Llc
Joinnides Jennifer -- --
Alexander Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joinnides Jennifer $583,000
Closed Joinnides Jennifer $625,140
Closed Joinnides Jennifer --
Closed Joinnides Jennifer $625,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $694,600 +2.2% $389 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $679,600 -- $381 / 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 $11,921 $275,500 $151,000 $124,500
2023 $11,921 $275,500 $151,000 $124,500
2022 $11,800 $275,500 $151,000 $124,500
2021 $11,893 $275,500 $151,000 $124,500
2020 $12,012 $275,500 $151,000 $124,500
2019 $12,026 $275,500 $151,000 $124,500
2018 $11,948 $275,500 $151,000 $124,500
2017 $12,026 $275,500 $151,000 $124,500
2016 $11,849 $275,500 $151,000 $124,500
2015 $11,368 $275,500 $151,000 $124,500
2014 $11,068 $275,500 $151,000 $124,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    DIANE KONTRA

    COLDWELL BANKER REALTY

  • Deborah Williams

    Buyer's Agent in 2016

    Deborah Williams

    COLDWELL BANKER REALTY

    (908) 419-7007

    27 in this area

    50 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3306621

Garden State MLS

APN: 18-00105-0000-00022

New Jersey Union County Summit 07901

41 Wallace Rd, Summit, NJ

This home is located at 41 Wallace Rd, Summit, NJ 07901 since 12 May 2016 and is currently estimated at $1,135,601, approximately $636 per square foot. This property was built in 1960. 41 Wallace Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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