NOT LISTED FOR SALE

5 Rotary Ln Summit, NJ 07901

Estimated Value: $1,708,000 - $2,089,000

-- Bed
-- Bath
3,369 Sq Ft
$562/Sq Ft Est. Value

About This Home

This home is located at 5 Rotary Ln, Summit, NJ 07901 and is currently estimated at $1,892,006, approximately $561 per square foot. 5 Rotary Ln 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2007
Sold by
Akkerman John and Howe Carol Elizabeth
Bought by
Kelly Stephen J and Kelly Renata
Current Estimated Value
$1,892,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 4, 1997
Sold by
Keller Glen Derek and Bates Nancy Dawn
Bought by
Akkerman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
7.25%

Purchase Details

Closed on
Sep 9, 1994
Sold by
Potter Dale and Potter Carol Ohara
Bought by
Keller Glen Derek and Bates Nancy Dawn
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kelly Stephen J $1,185,000 United General Title Ins Co
Akkerman John $470,000 --
Keller Glen Derek $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Stephen J $365,450
Closed Kelly Stephen J $417,000
Closed Kelly Stephen J $400,000
Open Kelly Stephen J $600,000
Previous Owner Akkerman John $420,000
Previous Owner Akkerman John $423,000
Source: Public Records

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 $21,760 $502,900 $278,900 $224,000
2023 $21,760 $502,900 $278,900 $224,000
2022 $21,539 $502,900 $278,900 $224,000
2021 $21,710 $502,900 $278,900 $224,000
2020 $21,926 $502,900 $278,900 $224,000
2019 $21,952 $502,900 $278,900 $224,000
2018 $21,811 $502,900 $278,900 $224,000
2017 $21,952 $502,900 $278,900 $224,000
2016 $21,630 $502,900 $278,900 $224,000
2015 $21,207 $502,900 $278,900 $224,000
2014 $20,659 $502,900 $278,900 $224,000
Source: Public Records

Map

New Jersey Union County Summit 07901

5 Rotary Ln, Summit, NJ

This home is located at 5 Rotary Ln, Summit, NJ 07901 and is currently estimated at $1,892,006, approximately $561 per square foot. 5 Rotary Ln 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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