NOT LISTED FOR SALE

5 Oxbow Ln Summit, NJ 07901

Estimated Value: $1,927,000 - $2,323,000

4 Beds
3.5 Baths
2,690 Sq Ft
$800/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $1,355,000 $504 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,206/month

11 Days on Market

Highlights

  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Custom Home
  • Corner Lot

About This Home

As of October 2020

Summit life style at its best! A spacious floor plan for entertainment includes an generously sized formal living room & a renovated kitchen open to a large family room, with access to a rear patio. This 4 bedroom, 3.1 baths home has been beautifully maintained and improved with newer baths, laundry, windows and exercise room. It features a large kitchen w/separate, bright, dining area, center island, open to the family room and overlooking a new patio and flowering landscaping. The finished lower level is complete with a media room and exercise room with floor to ceiling mirrors. The home's exterior has professionally landscaped grounds, stone walls, steps and stone chimney add to the natural beauty. Fully fenced for privacy. Close to schools, town, highways & trains. A must see!

Last Agent to Sell the Property

MARGARET CARROLL

COLDWELL BANKER REALTY Listed on: 09/04/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

MARGARET CARROLL

COLDWELL BANKER REALTY Listed on: 09/04/2020

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,959

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Private Driveway
  • Paver Block

Home Design

  • Custom Home
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Fitness Center

Listing and Financial Details

  • Assessor Parcel Number 2918-02201-0000-00006-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,959

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home, Split Level
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1956
  • Year Built Description: Renovated
  • County Name: Union
  • Exclusions: see agent
  • Possible Other Uses: Home-Office
  • Directions: Summit Ave to Ox Bow
  • I D: 5011726
  • Section Subdiv Development: Northside
  • First Name: MARGARET
  • First Name3: MARGARET
  • Last Name: CARROLL
  • Last Name3: CARROLL
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Dining Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Jennaire Type, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, OvnWGas
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, GameRoom, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Third
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Country Kitchen
  • Kitchen Dim: 17x12
  • Kitchen Level: First
  • Living Room Dim: 12x11
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 22x8
  • Other Room1 Level: Ground
  • Other Room 2: Game Room
  • Other Room2 Dim: 18x14
  • Other Room2 Level: Basement
  • Other Room 3: Exercise Room
  • Other Room3 Level: Basement
  • Other Room 4: MudRoom
  • Other Room4 Level: Ground
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Living Room, SittngRm, Walkout
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Office
  • Ground Level Rooms: GarEnter, Laundry Room, MudRoom, Powder Room, Walkout
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Barbeque, Patio, Privacy Fence, Thermal Windows/Doors, Underground Lawn Sprinkler, Wood Fence
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage, Finished Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 7
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive, Paver Block

Utilities

  • Cooling: Ceiling Fan, 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

Condo/Co-op/Association

  • Amenities: Exercise Room

Schools

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

Lot Info

  • Lot Size: 144X137
  • Lot Description: Corner, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.45
  • Zoning: residential

Rental Info

  • Pets Allowed: CatsOK,DogsOK,Y

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 22959
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02201-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Spencer Norman A and Spencer Sally L
Bought by
Demuth Michelle Spencer
Current Estimated Value
$2,152,558

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 23, 2020
Sold by
Pantoya Steven P and Pantoya Christine
Bought by
Spencer Norman A and Spencer Sally L
Seller's Agent
MARGARET CARROLL
COLDWELL BANKER REALTY
Buyer's Agent
MARGARET CARROLL
COLDWELL BANKER REALTY
List Price
$1,200,000
Sold Price
$1,355,000
Premium/Discount to List
$155,000
12.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%

Purchase Details

Listed on
Sep 7, 2012
Closed on
Aug 27, 2012
Sold by
Williamson Scott H
Bought by
Pantoya Steven P and Pantoya Christine
Seller's Agent
JO ELLEN RACIOPPO
WEICHERT REALTORS
Buyer's Agent
MARGARET CARROLL
COLDWELL BANKER REALTY
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Olson Walter
Bought by
Williamson Scott and Williamson Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
6.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Demuth Michelle Spencer -- Westcor Land Title Ins Co
Spencer Norman A $1,355,000 Westcor Land Title Ins Co
Pantoya Steven P $1,100,000 --
Williamson Scott $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williamson Scott $696,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $1,355,000 +12.9% $504 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $1,200,000 +9.1% $446 / Sq Ft
09/07/2012 09/07/12 Sold $1,100,000 -- $409 / Sq Ft View Prior Sale
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 $23,549 $540,600 $332,700 $207,900
2024 $23,392 $540,600 $332,700 $207,900
2023 $23,392 $540,600 $332,700 $207,900
2022 $23,154 $540,600 $332,700 $207,900
2021 $22,707 $526,000 $332,700 $193,300
2020 $22,934 $526,000 $332,700 $193,300
2019 $22,960 $526,000 $332,700 $193,300
2018 $22,813 $526,000 $332,700 $193,300
2017 $22,960 $526,000 $332,700 $193,300
2016 $22,623 $526,000 $332,700 $193,300
2015 $22,181 $526,000 $332,700 $193,300
2014 $21,608 $526,000 $332,700 $193,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3661526

Garden State MLS

APN: 18-02201-0000-00006