NOT LISTED FOR SALE

50 Colt Rd Summit, NJ 07901

Estimated Value: $2,388,613 - $3,255,000

-- Bed
-- Bath
4,246 Sq Ft
$659/Sq Ft Est. Value

About This Home

This home is located at 50 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,798,204, approximately $659 per square foot. 50 Colt Rd 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
Oct 5, 2007
Sold by
Shroff Ajay Gajendra and Millstone Shroff Michelle Anne
Bought by
Shroff Ajay Gajendra and Millstone Shroff Michelle Anne
Current Estimated Value
$2,798,204

Purchase Details

Closed on
May 29, 2007
Sold by
Hylen Christopher S and Hylen Lynn M
Bought by
Schroff Ajay Gajendra and Millstone Schroff Michelle Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,350
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2005
Sold by
Hylen Christopher S
Bought by
Hylen Christopher S and Hylen Lynn M

Purchase Details

Closed on
Aug 21, 2003
Sold by
Uhlig Richard
Bought by
Hylen Christopher and Hylen Lynn

Purchase Details

Closed on
Aug 2, 2000
Sold by
Uhlig Richard A and Uhlig Julie B
Bought by
Uhlig Julie B

Purchase Details

Closed on
Jul 30, 1999
Sold by
Krejci Rudolph and Krejci Margrite J
Bought by
Uhlig Richard A and Uhlig Julie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shroff Ajay Gajendra -- None Available
Schroff Ajay Gajendra $2,051,000 None Available
Hylen Christopher S -- --
Hylen Christopher S -- --
Hylen Christopher $1,750,000 --
Uhlig Julie B -- --
Uhlig Richard A $1,036,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroff Ajay Gajendra $243,350
Previous Owner Uhlig Richard A $630,000
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
2025 $34,848 $800,000 $303,200 $496,800
2024 $34,616 $800,000 $303,200 $496,800
2023 $34,616 $800,000 $303,200 $496,800
2022 $34,264 $800,000 $303,200 $496,800
2021 $34,536 $800,000 $303,200 $496,800
2020 $34,880 $800,000 $303,200 $496,800
2019 $38,216 $875,500 $303,200 $572,300
2018 $37,970 $875,500 $303,200 $572,300
2017 $38,216 $875,500 $303,200 $572,300
2016 $37,655 $875,500 $303,200 $572,300
2015 $36,920 $875,500 $303,200 $572,300
2014 $35,966 $875,500 $303,200 $572,300
Source: Public Records

Map

New Jersey Union County Summit 07901

50 Colt Rd, Summit, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes