S
Seller's Agent in 2022
SUSAN ADLER
KELLER WILLIAMS REALTY
50 Gloucester Rd Summit, NJ 07901
Estimated Value: $1,828,000 - $2,491,000
5
Beds
5
Baths
3,342
Sq Ft
$635/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Recreation Room
- Marble Flooring
- L C Johnson Summit Middle School Rated A+
- Raised Ranch Architecture
- Attic
About This Home
As of November 2022Move right in to this magical, bright and airy 5 Bedroom, 3 Full and 2 Half Bath stunner in Summit's sought after Woodland Park neighborhood (Franklin Elementary). Beautifully situated on an enchanting lot with beautifully landscaped and extremely private, park-like property with a gorgeous 2-tiered Patio with Stone wood burning Fireplace. Gourmet Chef's Kitchen with tons of custom cabinetry, warm wood island with breakfast bar, granite, Sub-Zero/Wolf/Thermador/Bosch/KitchenAid appliances and sun-drenched Breakfast Room opening up to outdoor entertaining space. Spacious and sunny Living Room with fireplace. Fantastic Home Office with 2 built in work spaces. Stunning Family Room with custom built in. Gracious Dining Room. Utterly Magical Four Season Sun Room exuding absolute bliss. 1st Level Laundry Room. Dreamy 1st Level Primary Suite with NEW spa-like Bath. All other bedrooms (1 more on 1st level, 3 upstairs) sunlit with great closets. Enormous "Walk Out Lower Level with Recreation Room opening to outdoor entertaining space, Exercise Room, Work Room, Mud Room, Half Bath, tons of storage, 2 Car Garage with temperature controlled Wine Closet. With its proximity to NYC, easy access to Midtown Direct train service, sought after school district and convenience to swim clubs and fantastic shopping and restaurants in downtown Summit, 50 Gloucester is a dream home!
Last Agent to Sell the Property
SUSAN ADLER
KELLER WILLIAMS REALTY Brokerage Phone: 973-524-0644 Listed on: 09/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,671
Year Built
- Built in 1967
Lot Details
- 0.35 Acre Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Additional Parking
Home Design
- Raised Ranch Architecture
- Ranch Style House
- Wood Siding
- Clapboard
- Tile
Interior Spaces
- Wood Burning Fireplace
- Gas Fireplace
- Mud Room
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Home Office
- Recreation Room
- Sun or Florida Room
- Storage Room
- Utility Room
- Home Gym
- Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Sump Pump
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Storage Shed
Schools
- Franklin Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Water Filtration System
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 2918-05205-0000-00024-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2022
Closed on
Nov 9, 2022
Sold by
Burke John P
Bought by
Murphy Brian P and Murphy Michelle B
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
Laura Brockway
KELLER WILLIAMS REALTY
List Price
$1,595,000
Sold Price
$1,855,000
Premium/Discount to List
$260,000
16.3%
Views
2
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
$267,151
Avg. Annual Appreciation
4.90%
Original Mortgage
$755,000
Outstanding Balance
$733,614
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$1,388,537
Purchase Details
Closed on
Jan 11, 2008
Sold by
Boehmcke Christopher P and Boehmcke Kristi C
Bought by
Burke John P and Burke Amy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2003
Sold by
Gotsch Eric
Bought by
Boehmcke Christopher and Boehmcke Kristi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.35%
Purchase Details
Closed on
Apr 27, 1998
Sold by
Jeffrey Susan S and Jeffrey Louis R
Bought by
Gotsch Eric J and Gotsch Amy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
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 |
|---|---|---|---|
| Murphy Brian P | $1,855,000 | Chicago Title | |
| Burke John P | $1,325,000 | None Available | |
| Boehmcke Christopher | $1,075,000 | -- | |
| Gotsch Eric J | $625,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murphy Brian P | $755,000 | |
| Previous Owner | Burke John P | $493,900 | |
| Previous Owner | Burke John P | $500,000 | |
| Previous Owner | Burke John P | $1,000,000 | |
| Previous Owner | Boehmcke Christopher P | $850,000 | |
| Previous Owner | Boehmcke Christopher | $860,000 | |
| Previous Owner | Gotsch Eric J | $489,317 | |
| Previous Owner | Gotsch Eric J | $100,000 | |
| Previous Owner | Gotsch Eric J | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $1,855,000 | +16.3% | $555 / Sq Ft |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 09/09/2022 09/09/22 | For Sale | $1,595,000 | -- | $477 / Sq Ft |
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 | $24,729 | $571,500 | $276,700 | $294,800 |
| 2023 | $24,729 | $571,500 | $276,700 | $294,800 |
| 2022 | $24,477 | $571,500 | $276,700 | $294,800 |
| 2021 | $24,672 | $571,500 | $276,700 | $294,800 |
| 2020 | $24,917 | $571,500 | $276,700 | $294,800 |
| 2019 | $24,946 | $571,500 | $276,700 | $294,800 |
| 2018 | $24,786 | $571,500 | $276,700 | $294,800 |
| 2017 | $24,946 | $571,500 | $276,700 | $294,800 |
| 2016 | $24,580 | $571,500 | $276,700 | $294,800 |
| 2015 | $24,100 | $571,500 | $276,700 | $294,800 |
| 2014 | $23,477 | $571,500 | $276,700 | $294,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Laura Brockway
Buyer's Agent in 2022
Laura Brockway
KELLER WILLIAMS REALTY
(908) 456-3093
1 in this area
90 Total Sales
Map
Source: Garden State MLS
MLS Number: 3806466
APN: 18-05205-0000-00024
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