NOT LISTED FOR SALE

5 Iris Rd Summit, NJ 07901

Estimated Value: $1,192,000 - $1,493,813

3 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold August 12, 2019

Last sale price $725,000

Est. 87% increase in value since last sale

Current estimated payment $9,055/month

35 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Deck
  • L C Johnson Summit Middle School Rated A+
  • Colonial Architecture
  • Recreation Room

About This Home

As of August 2019

Move-in ready 3 bedroom 2 bath Colonial with stunning golf course views. Features charming Living Room with wood burning fireplace; lovely Formal Dining Room; custom maple Kitchen with stainless steel appliances open to inviting Family Room; sliders to beautiful large deck and fabulous level backyard with patio, fire pit and hot tub. All bedrooms have vaulted ceilings; Master bedroom has skylights and picture window overlooking gorgeous backyard. Hardwood floors throughout. Basement offers play/recreation room, laundry, utility room and ample storage. Great layout perfect for everyday living and entertaining both indoors and out. Just move in and enjoy everything Summit has to offer. Convenient to Trains, Shopping, Restaurants and Schools. Chimney "as is." Fireplace used every winter - no problems

Last Agent to Sell the Property

MARY HAGGERTY-MALLOY

PROMINENT PROPERTIES SIR Listed on: 05/16/2019

Last Buyer's Agent

FABIO BARI

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,833

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • On Golf Course
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Carbon Monoxide Detectors
  • Attic
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Storage Shed

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-00103-0000-00020-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,833

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1952
  • County Name: Union
  • Street Number Display: 5
  • Directions: River Rd or Canoe Brook Pkwy to Iris Rd
  • I D: 4898297
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: MARY
  • First Name3: FABIO
  • Last Name: HAGGERTY-MALLOY
  • Last Name3: BARI
  • Office Phone: 908-273-8808
  • Office Phone3: 866-201-6210
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Dryer
  • Interior Amenities: TubShowr, StallShw, Blinds, Fire Extinguisher, High Ceilings, Skylight
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Utility Room, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Pantry
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 18x12
  • Living Room Level: First
  • Level 1 Rooms: MudRoom, Living Room, Pantry, Dining Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Storage Shed, Hot Tub, Patio, Curbs, Deck, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Washington
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 50X159
  • Assessed Improvement Value: 110600
  • Assessed Land Value: 139200
  • Assessment: 249800
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Level Lot
  • Lot Identifier: 20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10833
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00103-0000-00020-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Aug 12, 2019
Sold by
Genova Gregory and Genova Lucy
Bought by
Bari Fabio and Scotto Marina
Seller's Agent
MARY HAGGERTY-MALLOY
PROMINENT PROPERTIES SIR
Buyer's Agent
FABIO BARI
SIGNATURE REALTY NJ
List Price
$785,000
Sold Price
$725,000
Premium/Discount to List
-$60,000
-7.64%
Current Estimated Value
$1,353,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,454
Original Mortgage
$450,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2000
Sold by
Rangwala Sabbir and Jhaveri Nisreen S
Bought by
Genova Gregory and Genova Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Interest Rate
4.95%

Purchase Details

Closed on
Apr 17, 1996
Sold by
Hamm Ronald F and Hamm Christina M
Bought by
Rangwala Sabbir and Jhaveri Nisreen S

Purchase Details

Closed on
Aug 7, 1995
Sold by
Kroll Keith and Kroll Debbie
Bought by
Hamm Ronald F and Hamm Christina M
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
Bari Fabio $725,000 Westcor Land Title Ins Co
Genova Gregory $364,000 Chicago Title Insurance Co
Rangwala Sabbir $265,000 Chicago Title Insurance Co
Hamm Ronald F $291,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bari Fabio $725,000
Closed Sari Fabio $130,000
Closed Bari Fabio $450,000
Previous Owner Genova Gregory $50,000
Previous Owner Genova Gregory $291,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $725,000 -7.6% --
06/20/2019 06/20/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $785,000 -- --
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 $19,731 $456,000 $139,200 $316,800
2023 $19,731 $456,000 $139,200 $316,800
2022 $19,530 $456,000 $139,200 $316,800
2021 $11,617 $269,100 $139,200 $129,900
2020 $11,733 $269,100 $139,200 $129,900
2019 $10,904 $249,800 $139,200 $110,600
2018 $10,834 $249,800 $139,200 $110,600
2017 $10,904 $249,800 $139,200 $110,600
2016 $10,744 $249,800 $139,200 $110,600
2015 $10,534 $249,800 $139,200 $110,600
2014 $10,262 $249,800 $139,200 $110,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MARY HAGGERTY-MALLOY

    PROMINENT PROPERTIES SIR

  • F

    Buyer's Agent in 2019

    FABIO BARI

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3557542

Garden State MLS

APN: 18-00103-0000-00020

New Jersey Union County Summit 07901

5 Iris Rd, Summit, NJ

This home is located at 5 Iris Rd, Summit, NJ 07901 since 16 May 2019 and is currently estimated at $1,389,453. This property was built in 1952. 5 Iris Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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