NOT LISTED FOR SALE

47 Tanglewood Dr Summit, NJ 07901

Estimated Value: $1,734,000 - $2,220,000

5 Beds
4 Baths
2,575 Sq Ft
$752/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $1,775,000 $689 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,256/month

6 Days on Market

About This Home

As of December 2023

This home is located at 47 Tanglewood Dr, Summit, NJ 07901 since 16 October 2023 and is currently estimated at $1,936,942, approximately $752 per square foot. This property was built in 1959. 47 Tanglewood 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.

Last Agent to Sell the Property

KAREN LYMAN

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 10/16/2023

Last Buyer's Agent

BARBARA KANEFSKY

KELLER WILLIAMS SUBURBAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,428

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,428

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Union
  • Street Number Display: 47
  • I D: 5249777
  • Modified: 2024-12-14
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.00

Lot Info

  • Lot Size: .344
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 6, 2023
Sold by
Parella Andrew N and Parella Carin O
Bought by
White Andrew P and White Elizabeth H
Seller's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
Buyer's Agent
BARBARA KANEFSKY
KELLER WILLIAMS SUBURBAN REALTY
List Price
$1,595,000
Sold Price
$1,775,000
Premium/Discount to List
$180,000
11.29%
Views
41
Current Estimated Value
$1,936,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,942
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,330,000
Outstanding Balance
$1,314,262
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$602,031

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jun 15, 2012
Sold by
Elliott Gregory T
Bought by
Parella Andrew N and Parella Carin O
Buyer's Agent
Rosaleen Light-newby
BHHS FOX & ROACH
Sold Price
$1,040,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Jun 1, 2010
Sold by
Fleming Paul J
Bought by
Elliott Gregory T and Elliott Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,200
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2009
Sold by
Mcgowan Honora
Bought by
Fleming Paul

Purchase Details

Closed on
Jun 13, 2007
Sold by
Fleming Paul J
Bought by
Fleming Paul J
Source: Public Records

Range of Values:

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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
White Andrew P $1,775,000 Foundation Title
Parella Andrew N $1,040,000 --
Elliott Gregory T $944,000 Multiple
Fleming Paul -- None Available
Fleming Paul J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Andrew P $1,330,000
Previous Owner Elliott Gregory T $755,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $1,775,000 +11.3% $689 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $1,595,000 +53.4% $619 / Sq Ft
06/26/2012 06/26/12 Sold $1,040,000 -- $404 / 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 $20,428 $472,100 $274,000 $198,100
2023 $20,428 $472,100 $274,000 $198,100
2022 $20,220 $472,100 $274,000 $198,100
2021 $20,381 $472,100 $274,000 $198,100
2020 $20,584 $472,100 $274,000 $198,100
2019 $20,607 $472,100 $274,000 $198,100
2018 $20,475 $472,100 $274,000 $198,100
2017 $20,607 $472,100 $274,000 $198,100
2016 $20,305 $472,100 $274,000 $198,100
2015 $19,908 $472,100 $274,000 $198,100
2014 $19,394 $472,100 $274,000 $198,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KAREN LYMAN

    PROMINENT PROPERTIES SIR

  • B

    Buyer's Agent in 2023

    BARBARA KANEFSKY

    KELLER WILLIAMS SUBURBAN REALTY

  • Rosaleen Light-newby

    Buyer's Agent in 2012

    Rosaleen Light-newby

    BHHS FOX & ROACH

    (908) 510-0861

    8 in this area

    27 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3869859

Garden State MLS

APN: 18-05602-0000-00012

New Jersey Union County Summit 07901

47 Tanglewood Dr, Summit, NJ

This home is located at 47 Tanglewood Dr, Summit, NJ 07901 since 16 October 2023 and is currently estimated at $1,936,942, approximately $752 per square foot. This property was built in 1959. 47 Tanglewood 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.

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