NOT LISTED FOR SALE

47 Seven Oaks Dr Summit, NJ 07901

Estimated Value: $1,184,000 - $1,698,000

4 Beds
3 Baths
2,433 Sq Ft
$571/Sq Ft Est. Value

Last Sold April 11, 2013

Last sale price $715,000 $294 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,947/month

About This Home

As of April 2013

This home is located at 47 Seven Oaks Dr, Summit, NJ 07901 since 11 April 2013 and is currently estimated at $1,389,774, approximately $571 per square foot. 47 Seven Oaks Dr is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Oak Knoll School of the Holy Child.

Last Buyer's Agent

BARBARA KANEFSKY

KELLER WILLIAMS SUBURBAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,296

Lot Details

  • 0.43 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,296

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 47
  • I D: 4289240
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-273-0400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .428 AC
  • Total Acres: 0.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2013
Closed on
Mar 30, 2013
Sold by
Rotem Erez and Rotem Rebecca
Bought by
Cai Weiquin and Liu Jeffrey
Buyer's Agent
BARBARA KANEFSKY
KELLER WILLIAMS SUBURBAN REALTY
Sold Price
$715,000
Current Estimated Value
$1,389,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,774
Avg. Annual Appreciation
5.48%
Original Mortgage
$572,000
Outstanding Balance
$387,853
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,001,921

Purchase Details

Closed on
Jul 14, 2009
Sold by
Gilmore Donald B and Gilmore Henrietta B
Bought by
Rotem Erez and Rotem Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Rinaldi Louis
Bought by
Gilmore Donald B and Gilmore Henrietta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cai Weiquin $715,000 Stewart Title Guaranty Co
Rotem Erez $660,000 None Available
Gilmore Donald B $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Weiquin $572,000
Previous Owner Rotem Erez $516,500
Previous Owner Rotem Erez $528,000
Previous Owner Gilmore Donald B $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2013 04/11/13 Sold $715,000 -- $294 / 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
2025 $19,296 $373,800 $175,900 $197,900
2024 $18,716 $373,800 $175,900 $197,900
2023 $18,716 $373,800 $175,900 $197,900
2022 $18,458 $373,800 $175,900 $197,900
2021 $18,324 $373,800 $175,900 $197,900
2020 $18,316 $373,800 $175,900 $197,900
2019 $18,204 $373,800 $175,900 $197,900
2018 $18,111 $373,800 $175,900 $197,900
2017 $17,815 $373,800 $175,900 $197,900
2016 $17,565 $373,800 $175,900 $197,900
2015 $17,322 $373,800 $175,900 $197,900
2014 $17,060 $348,300 $175,900 $172,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2013

    BARBARA KANEFSKY

    KELLER WILLIAMS SUBURBAN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 2997274

Garden State MLS

APN: 11-00262-0000-00032

New Jersey Union County Summit 07901

47 Seven Oaks Dr, Summit, NJ

This home is located at 47 Seven Oaks Dr, Summit, NJ 07901 since 11 April 2013 and is currently estimated at $1,389,774, approximately $571 per square foot. 47 Seven Oaks Dr is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Oak Knoll School of the Holy Child.

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