K
Seller's Agent in 2020
KARA THOMS
LOIS SCHNEIDER REALTOR
48 Colt Rd Summit, NJ 07901
Estimated Value: $1,583,000 - $2,388,000
4
Beds
3.5
Baths
3,549
Sq Ft
$591/Sq Ft
Est. Value
Highlights
- Sauna
- Colonial Architecture
- Dining Room with Fireplace
- L C Johnson Summit Middle School Rated A+
- Conservatory Room
- Marble Flooring
About This Home
As of July 2020A fantastic opportunity to live in the heart of the highly sought after Woodland Park neighborhood. Rustic ceiling beams soar across the fireside living room while a second fireplace warms the formal dining room, adding character and cachet for elegant formal entertaining. Light cherry cabinetry reflects the warmth of the home, with granite counter tops and high-end stainless steel appliances enhanced with a wet bar, a seated breakfast peninsula and easy access from the driveway and two-car detached garage. The spacious second-floor master suite enjoys exposures on three sides anchored on hardwood floors.
Last Agent to Sell the Property
KARA THOMS
LOIS SCHNEIDER REALTOR Listed on: 05/04/2020
Last Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,765
Year Built
- Built in 1925
Lot Details
- 0.34 Acre Lot
- Privacy Fence
- Wood Fence
- Level Lot
- Open Lot
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Slate Roof
- Stone Siding
- Tile
Interior Spaces
- Beamed Ceilings
- Wood Burning Fireplace
- Thermal Windows
- Shades
- Entrance Foyer
- Family Room with entrance to outdoor space
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Conservatory Room
- Sun or Florida Room
- Storage Room
- Utility Room
- Sauna
- Unfinished Basement
- Partial Basement
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Stone
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Franklin Elementary School
- Summit Middle School
- Summit High School
Utilities
- Central Air
- Two Cooling Systems Mounted To A Wall/Window
- Radiator
- Standard Electricity
- Water Tap or Transfer Fee
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-05203-0000-00037-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2020
Closed on
Jul 14, 2020
Sold by
Sciiluter Philip H and Kimmel Julie K
Bought by
Oleary Jake and Archer Natalie
Seller's Agent
KARA THOMS
LOIS SCHNEIDER REALTOR
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$1,445,000
Sold Price
$1,350,000
Premium/Discount to List
-$95,000
-6.57%
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
$746,402
Avg. Annual Appreciation
8.61%
Original Mortgage
$1,080,000
Outstanding Balance
$959,449
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,136,953
Purchase Details
Closed on
Jun 23, 2010
Sold by
Duggan Brian F and Duggan Carol H
Bought by
Schluter Philip H and Kimmel Julie K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,286,250
Interest Rate
4.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2002
Sold by
Mulhern Michael K and Mulhern Alison A
Bought by
Duggan Brian D and Duggan Carol H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 30, 1994
Sold by
Drew University
Bought by
Mulhern Mike and Mulhern Alison
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.7%
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 |
|---|---|---|---|
| Oleary Jake | $1,350,000 | Old Republic Natl Ttl Ins Co | |
| Schluter Philip H | $1,837,500 | First American Title Ins Co | |
| Duggan Brian D | $1,685,000 | Chicago Title Insurance Co | |
| Mulhern Mike | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oleary Jake | $1,080,000 | |
| Previous Owner | Schluter Philip H | $1,286,250 | |
| Previous Owner | Duggan Brian D | $150,000 | |
| Previous Owner | Duggan Brian D | $850,000 | |
| Previous Owner | Mulhern Mike | $520,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2020 07/15/20 | Sold | $1,350,000 | -6.6% | $380 / Sq Ft |
| 06/02/2020 06/02/20 | Pending | -- | -- | -- |
| 05/04/2020 05/04/20 | For Sale | $1,445,000 | -- | $407 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $24,890 | $571,400 | $303,200 | $268,200 |
| 2024 | $24,724 | $571,400 | $303,200 | $268,200 |
| 2023 | $24,724 | $571,400 | $303,200 | $268,200 |
| 2022 | $24,473 | $571,400 | $303,200 | $268,200 |
| 2021 | $24,667 | $571,400 | $303,200 | $268,200 |
| 2020 | $29,731 | $681,900 | $303,200 | $378,700 |
| 2019 | $29,765 | $681,900 | $303,200 | $378,700 |
| 2018 | $33,907 | $781,800 | $303,200 | $478,600 |
| 2017 | $34,126 | $781,800 | $303,200 | $478,600 |
| 2016 | $33,625 | $781,800 | $303,200 | $478,600 |
| 2015 | $32,969 | $781,800 | $303,200 | $478,600 |
| 2014 | $32,116 | $781,800 | $303,200 | $478,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2020
ALLISON B LEES
PROMINENT PROPERTIES SIR
Map
Source: Garden State MLS
MLS Number: 3630667
APN: 18-05203-0000-00037
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