NOT LISTED FOR SALE

49 Drum Hill Dr Summit, NJ 07901

Estimated Value: $1,823,005 - $2,271,000

4 Beds
4 Baths
3,742 Sq Ft
$535/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $980,000 $262 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $12,498/month

About This Home

As of May 2014

This home is located at 49 Drum Hill Dr, Summit, NJ 07901 since 28 May 2014 and is currently estimated at $2,002,501, approximately $535 per square foot. This property was built in 1959. 49 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.

Last Buyer's Agent

JANIS DEVITO

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,950

Year Built

  • Built in 1959

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,950

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Union
  • Street Number Display: 49
  • I D: 4427476
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 0.33
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
May 27, 2014
Sold by
Mccormick Kevin S and Mccormick Anjali Annalia
Bought by
Minnear Norman and Ku Rita
Buyer's Agent
JANIS DEVITO
CHRISTIE'S INT. REAL ESTATE GROUP
Sold Price
$980,000
Current Estimated Value
$2,002,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,501
Avg. Annual Appreciation
6.52%
Original Mortgage
$735,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2001
Sold by
Sniffen Michael J and Sniffen Anne Marie
Bought by
Mccormick Kevin S and Mccormick Anjali Annalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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Average Value
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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
Minnear Norman $980,000 Multiple
Mccormick Kevin S $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minnear Norman $728,005
Closed Minnear Norman $735,000
Previous Owner Mccormick Kevin S $650,000
Previous Owner Mccormick Kevin S $322,000
Previous Owner Mccormick Kevin S $100,000
Previous Owner Mccormick Kevin S $337,000
Previous Owner Mccormick Kevin S $375,000
Previous Owner Sniffen Michael J $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $980,000 -- $262 / 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 $21,950 $503,900 $271,000 $232,900
2024 $21,804 $503,900 $271,000 $232,900
2023 $21,804 $503,900 $271,000 $232,900
2022 $21,753 $503,900 $271,000 $232,900
2021 $21,753 $503,900 $271,000 $232,900
2020 $21,970 $503,900 $271,000 $232,900
2019 $21,995 $503,900 $271,000 $232,900
2018 $21,854 $503,900 $271,000 $232,900
2017 $21,995 $503,900 $271,000 $232,900
2016 $21,673 $503,900 $271,000 $232,900
2015 $21,249 $497,300 $271,000 $226,300
2014 $20,429 $497,300 $271,000 $226,300
Source: Public Records

Agents Affiliated with this Home

  • JANIS DEVITO

    Buyer's Agent in 2014

    JANIS DEVITO

    CHRISTIE'S INT. REAL ESTATE GROUP

    (973) 214-6789

    41 Total Sales

    JANIS DEVITO
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Map

Source: Garden State MLS

MLS Number: 3122513

Garden State MLS

APN: 18-05607-0000-00009

New Jersey Union County Summit 07901

49 Drum Hill Dr, Summit, NJ

This home is located at 49 Drum Hill Dr, Summit, NJ 07901 since 28 May 2014 and is currently estimated at $2,002,501, approximately $535 per square foot. This property was built in 1959. 49 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.

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