NOT LISTED FOR SALE

46 Colt Rd Summit, NJ 07901

Estimated Value: $1,885,000 - $2,518,000

4 Beds
5 Baths
3,812 Sq Ft
$592/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $1,595,000 $418 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $14,443/month

About This Home

As of June 2020

This prime location Colt Rd CH colonial was designed to entertain. With a classic style offset by oversized rooms and windows with an opened floor plan, the home has a modern informality. Its welcoming foyer is flanked by a stylish DR and a fireside LR and sunroom that flow out to a gracious Bluestone patio for seamless indoor-outdoor hosting. The open kitchen and family room epitomize effortless gathering, where guests congregate around an expansive center island or fireplace, with French doors spill out to the inviting patio and landscaped yard. Upstairs the elegant master suite is one of four bedrooms, and is enhanced with a custom-fit dressing room with laundry, a walk-in closet, private office/sitting room and en suite bath. Lower level has a large rec room, gym rm, half bath, and storage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 22, 2020
Sold by
Heckelman Charles R and Heckelman Jennifer M
Bought by
Kennedy Robert A and Kennedy Emily S
Seller's Agent
Maura Elia
PROMINENT PROPERTIES SIR
Buyer's Agent
JENNIFER SARKISSIAN
BHHS FOX & ROACH
List Price
$1,595,000
Sold Price
$1,595,000
Current Estimated Value
$2,258,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,100
Avg. Annual Appreciation
6.83%
Original Mortgage
$1,276,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1998
Sold by
Hume Richard R and Hume Sheila A
Bought by
Heckelman Charles R and Heckelman Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Hume Richard R and Hume Sheila M
Bought by
Hume Richard R and Hume Sheila A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kennedy Robert A $1,595,000 Associated Title Agency
Heckelman Charles R $895,000 --
Hume Richard R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Robert A $1,276,000
Previous Owner Heckelman Charles R $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $1,595,000 0.0% --
05/08/2020 05/08/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,595,000 -- --

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 $29,651 $680,700 $303,200 $377,500
2024 $29,454 $680,700 $303,200 $377,500
2023 $29,454 $680,700 $303,200 $377,500
2022 $29,154 $680,700 $303,200 $377,500
2021 $34,968 $810,000 $303,200 $506,800
2020 $35,316 $810,000 $303,200 $506,800
2019 $35,357 $810,000 $303,200 $506,800
2018 $35,130 $810,000 $303,200 $506,800
2017 $35,357 $810,000 $303,200 $506,800
2016 $34,838 $810,000 $303,200 $506,800
2015 $34,158 $810,000 $303,200 $506,800
2014 $33,275 $810,000 $303,200 $506,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maura Elia

    PROMINENT PROPERTIES SIR

    (908) 273-8808

    11 in this area

    14 Total Sales

    Maura Elia
    Section Image

  • J

    Buyer's Agent in 2020

    JENNIFER SARKISSIAN

    BHHS FOX & ROACH

See All Agents

Map

New Jersey Union County Summit 07901

46 Colt Rd, Summit, NJ

This home is located at 46 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,258,100, approximately $592 per square foot. 46 Colt Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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