NOT LISTED FOR SALE

48 Drum Hill Dr Summit, NJ 07901

Estimated Value: $1,838,000 - $2,345,000

-- Bed
-- Bath
4,236 Sq Ft
$509/Sq Ft Est. Value

About This Home

This home is located at 48 Drum Hill Dr, Summit, NJ 07901 and is currently estimated at $2,158,023, approximately $509 per square foot. 48 Drum Hill 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2011
Sold by
Lobosco Michael and Lobosco Josephine
Bought by
Gopal Arun and Gopal Shalini
Current Estimated Value
$2,299,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$483,620
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,674,403

Purchase Details

Closed on
May 8, 1995
Sold by
Keating Daniel L and Keating Janet M
Bought by
Lobosco Michael and Lobosco Josephine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gopal Arun $1,100,000 Stewart Title Guaranty Co
Lobosco Michael $573,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gopal Arun $700,000
Source: Public Records

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 $22,568 $518,100 $279,200 $238,900
2024 $22,418 $518,100 $279,200 $238,900
2023 $22,418 $518,100 $279,200 $238,900
2022 $22,190 $518,100 $279,200 $238,900
2021 $22,366 $518,100 $279,200 $238,900
2020 $22,589 $518,100 $279,200 $238,900
2019 $22,615 $518,100 $279,200 $238,900
2018 $22,470 $518,100 $279,200 $238,900
2017 $22,615 $518,100 $279,200 $238,900
2016 $22,283 $518,100 $279,200 $238,900
2015 $21,848 $496,500 $279,200 $217,300
2014 $20,396 $496,500 $279,200 $217,300
Source: Public Records

Map

New Jersey Union County Summit 07901

48 Drum Hill Dr, Summit, NJ

Not Listed for Sale

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