Seller's Agent in 2021
Fred Wynne
WEICHERT REALTORS
(973) 885-6453
2 in this area
52 Total Sales
5 Gary Rd Summit, NJ 07901
Estimated Value: $809,538 - $848,000
3
Beds
2.5
Baths
--
Sq Ft
7,405
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Deck
- Wood Flooring
- L C Johnson Summit Middle School Rated A+
- Recreation Room
- Formal Dining Room
About This Home
As of January 2021Start a new year in your new home in Summit! This spacious cape surprises with superb flow and great functionality throughout. With many move-in ready updates, all you need to do is unpack & enjoy. The living room, dining room, and island kitchen have their own spaces, but also surprise with an open flow and feel. Upstairs features two well-sized bedrooms and a shared bath with tub, plus a master bedroom that includes a newly updated bathroom. Downstairs features a family room that can double as an office, and then a finished lower level with laundry and a half bath. Sliders from the dining area open to the covered porch for year long outdoor enjoyment. Step down on either side to the private yard. Enjoy peace of mind knowing that there is a new A/C compressor and a brand new roof. This VALUE will not last.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,472
Year Built
- Built in 1955
Lot Details
- 7,405 Sq Ft Lot
- Privacy Fence
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Vinyl Siding
- Tile
Interior Spaces
- Skylights
- Thermal Windows
- Drapes & Rods
- Blinds
- Living Room
- Formal Dining Room
- Recreation Room
- Storage Room
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on third floor
- En-Suite Primary Bedroom
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Sump Pump
Home Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Porch
Schools
- Jefferson Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-03706-0000-00002-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2020
Closed on
Jan 27, 2021
Sold by
Thomas Bryan and Menna Jody
Bought by
Rong Hua
Seller's Agent
Fred Wynne
WEICHERT REALTORS
Buyer's Agent
NAN ZHANG
REALMART REALTY
List Price
$575,000
Sold Price
$605,000
Premium/Discount to List
$30,000
5.22%
Total Days on Market
10
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
$226,635
Avg. Annual Appreciation
6.25%
Original Mortgage
$484,000
Outstanding Balance
$439,082
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$346,579
Purchase Details
Listed on
Dec 21, 2015
Closed on
Nov 30, 2015
Sold by
Posada Jose
Bought by
Thomas Bryan and Menna Jody
Seller's Agent
DEBRA CLARK
COLDWELL BANKER REALTY
Sold Price
$470,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$360,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 27, 1999
Sold by
Posada Arturo and Posada Jose
Bought by
Posada Jose
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 |
|---|---|---|---|
| Rong Hua | $605,000 | North Bergen Title Agcy Inc | |
| Thomas Bryan | $470,000 | -- | |
| Posada Jose | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rong Hua | $484,000 | |
| Previous Owner | Thomas Bryan | $360,000 | |
| Previous Owner | Posada Jose | $150,000 | |
| Previous Owner | Posada Jose | $75,000 | |
| Previous Owner | Posada Jose | $50,000 | |
| Previous Owner | Posada Arturo | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2021 01/29/21 | Sold | $605,000 | +5.2% | -- |
| 12/14/2020 12/14/20 | Pending | -- | -- | -- |
| 12/04/2020 12/04/20 | For Sale | $575,000 | +22.3% | -- |
| 12/21/2015 12/21/15 | Sold | $470,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $10,554 | $243,900 | $90,500 | $153,400 |
| 2023 | $10,554 | $243,900 | $90,500 | $153,400 |
| 2022 | $10,446 | $243,900 | $90,500 | $153,400 |
| 2021 | $8,379 | $194,100 | $90,500 | $103,600 |
| 2020 | $8,463 | $194,100 | $90,500 | $103,600 |
| 2019 | $8,472 | $194,100 | $90,500 | $103,600 |
| 2018 | $8,418 | $194,100 | $90,500 | $103,600 |
| 2017 | $8,472 | $194,100 | $90,500 | $103,600 |
| 2016 | $7,295 | $169,600 | $90,500 | $79,100 |
| 2015 | $7,152 | $169,600 | $90,500 | $79,100 |
| 2014 | $6,967 | $169,600 | $90,500 | $79,100 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Wynne
-
N
Buyer's Agent in 2021
NAN ZHANG
REALMART REALTY
-
D
Seller's Agent in 2015
DEBRA CLARK
COLDWELL BANKER REALTY
Map
Source: Garden State MLS
MLS Number: 3681608
APN: 18-03706-0000-00002
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