NOT LISTED FOR SALE

5 Brook Ct Summit, NJ 07901

Estimated Value: $1,510,000 - $1,892,000

6 Beds
3 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold March 15, 2021

Last sale price $1,317,000

Est. 32% increase in value since last sale

Current estimated payment $10,904/month

9 Days on Market

About This Home

As of March 2021

This home is located at 5 Brook Ct, Summit, NJ 07901 since 06 January 2021 and is currently estimated at $1,738,961. This property was built in 1915. 5 Brook Ct 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

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 01/06/2021

Last Buyer's Agent

ELIZABETH WINTERBOTTOM

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,148

Year Built

  • Built in 1915

Lot Details

  • 9,583

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,148

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Union
  • Street Number Display: 5
  • I D: 5034959
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 9, 2021
Sold by
Carrington David and Szokol Judith
Bought by
Gundersen Mark and Gundersen Lucy
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
List Price
$1,150,000
Sold Price
$1,317,000
Premium/Discount to List
$167,000
14.52%
Current Estimated Value
$1,738,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,961
Avg. Annual Appreciation
8.39%
Original Mortgage
$921,900
Outstanding Balance
$835,754
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,047,375

Purchase Details

Closed on
May 17, 1991
Bought by
Carrington David and Judith Szokol
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
Gundersen Mark $1,317,000 Chp Title Agency Lllc
Carrington David $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gundersen Mark $921,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $1,317,000 +14.5% --
01/15/2021 01/15/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $1,150,000 -- --
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 $17,148 $396,300 $205,800 $190,500
2023 $17,148 $396,300 $205,800 $190,500
2022 $16,974 $396,300 $205,800 $190,500
2021 $17,108 $396,300 $205,800 $190,500
2020 $17,279 $396,300 $205,800 $190,500
2019 $17,299 $396,300 $205,800 $190,500
2018 $17,188 $396,300 $205,800 $190,500
2017 $17,299 $396,300 $205,800 $190,500
2016 $17,045 $396,300 $205,800 $190,500
2015 $16,712 $396,300 $205,800 $190,500
2014 $16,280 $396,300 $205,800 $190,500
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2021

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    105 in this area

    163 Total Sales

    Kim Cannon
    Section Image

  • E

    Buyer's Agent in 2021

    ELIZABETH WINTERBOTTOM

    KELLER WILLIAMS REALTY

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Map

Source: Garden State MLS

MLS Number: 3685580

Garden State MLS

APN: 18-02803-0000-00017

New Jersey Union County Summit 07901

5 Brook Ct, Summit, NJ

This home is located at 5 Brook Ct, Summit, NJ 07901 since 06 January 2021 and is currently estimated at $1,738,961. This property was built in 1915. 5 Brook Ct 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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