Seller's Agent in 2020
Susan Oldendorp
COMPASS NEW JERSEY, LLC
(201) 400-8714
53 in this area
532 Total Sales
46 Karen Way Summit, NJ 07901
Estimated Value: $1,850,000 - $2,233,000
5
Beds
4.5
Baths
--
Sq Ft
10,019
Sq Ft Lot
Highlights
- Colonial Architecture
- Recreation Room
- Attic
- L C Johnson Summit Middle School Rated A+
- Wood Flooring
- High Ceiling
About This Home
As of January 2020Amazing new construction, this 5 bedroom, 4.1 bath Colonial built by renowned Main Street Development boasts high ceilings & a great open floor plan & is just blocks from town, train & schools. A white kitchen with quartz counters & center island opens to a breakfast room & family room with fireplace, a dining room, first floor bedroom, full bath, mudroom & 2-car garage complete this first level. The second floor has a great master suite with a large walk-in closet & full bath, 2 additional bedrooms are en-suite and the fourth bedroom is well served by the hall bath. The walk-up attic has generous storage. The finished lower level boasts a recreation room, powder room & storage. A large paver patio overlooks a private, level yard.
Last Buyer's Agent
REGULA EHRLICH
COMPASS NEW JERSEY, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,745
Year Built
- Built in 2019 | Under Construction
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
Home Design
- Colonial Architecture
- Siding
- Composite Building Materials
Interior Spaces
- High Ceiling
- Gas Fireplace
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Recreation Room
- Storage Room
- Laundry Room
- Carbon Monoxide Detectors
- Attic
- Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Separate Shower
Outdoor Features
- Patio
Schools
- Washington Elementary School
- Summit Middle School
- Summit High School
Utilities
- Central Air
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-00303-0000-00015-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2019
Closed on
Jan 10, 2020
Sold by
Main Street Development Group Llc
Bought by
Morrissey Nicholas and Morrissey Daphne
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
REGULA EHRLICH
COMPASS NEW JERSEY, LLC
List Price
$1,425,000
Sold Price
$1,300,000
Premium/Discount to List
-$125,000
-8.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,185
Avg. Annual Appreciation
6.26%
Original Mortgage
$1,040,000
Outstanding Balance
$930,629
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$892,943
Purchase Details
Closed on
Aug 14, 2018
Sold by
Gibson Carolyn M and Gibson Henry T
Bought by
Main Street Development Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,875
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 19, 1995
Sold by
Gibson Henry T and Gibson Carolyn M
Bought by
Gibson Carolyn M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrissey Nicholas | $1,300,000 | Simplicity Title Llc | |
| Main Street Development Group Llc | $550,000 | Old Republic Natl Title Ins | |
| Gibson Carolyn M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morrissey Nicholas | $1,040,000 | |
| Previous Owner | Main Street Dev Group Llc | $490,875 | |
| Previous Owner | Main Street Development Group Llc | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2020 01/14/20 | Sold | $1,300,000 | -3.6% | -- |
| 11/21/2019 11/21/19 | Pending | -- | -- | -- |
| 10/10/2019 10/10/19 | Price Changed | $1,349,000 | -5.3% | -- |
| 09/20/2019 09/20/19 | For Sale | $1,425,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $23,768 | $549,300 | $141,800 | $407,500 |
| 2023 | $23,768 | $549,300 | $141,800 | $407,500 |
| 2022 | $23,527 | $549,300 | $141,800 | $407,500 |
| 2021 | $23,713 | $549,300 | $141,800 | $407,500 |
| 2020 | $9,797 | $224,700 | $141,800 | $82,900 |
| 2019 | $9,808 | $224,700 | $141,800 | $82,900 |
| 2018 | $9,745 | $224,700 | $141,800 | $82,900 |
| 2017 | $9,808 | $224,700 | $141,800 | $82,900 |
| 2016 | $9,664 | $224,700 | $141,800 | $82,900 |
| 2015 | $9,476 | $224,700 | $141,800 | $82,900 |
| 2014 | $9,231 | $224,700 | $141,800 | $82,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2020
REGULA EHRLICH
COMPASS NEW JERSEY, LLC
Map
Source: Garden State MLS
MLS Number: 3589068
APN: 18-00303-0000-00015
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