NOT LISTED FOR SALE

50 Parmley Place Unit 203 Summit, NJ 07901

Estimated Value: $1,464,000 - $1,823,000

2 Beds
2.5 Baths
2,023 Sq Ft
$1,053/mo HOA Fee

Last Sold June 14, 2022

Last sale price $1,525,000 $754 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,962/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • L C Johnson Summit Middle School Rated A+
  • High Ceiling
  • Elevator

About This Home

As of June 2022

For the discerning luxury condominium homebuyer seeking incomparable quality, one-floor living and a desirable in town location, this fine residence is not to be missed. A modern brick and stucco elevator building w/elegant lobby, secure underground garage with w/2 parking spaces w/storage. Second floor unit with private balcony facing Parmley Place a quite tree-line street. 10 FT ceilings, soffit ceilings w accent lighting, decorative crown moldings, modern, chic & spacious open floor plan w rich hardwood floors. Upscale cooks' quality kitchen w center island, ample Dining & Living rooms, principle ensuite bedroom w/ a large custom walk-in closet, luxury bathroom with soaking tub and shower & bay window. Second ensuite bedroom with ample closets & den a perfect alternative sleeping area plus guest powder room. Ample laundry room and guest poweder room and coat closet completes this home. Common Outdoor amenities: parklet & roof deck. Over 2000 SF, one level living at its best, shows beautifully, like-new, move in ready condition!

Last Listed By

MARTHA MCDONNELL

PROMINENT PROPERTIES SIR Listed on: 04/24/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,471

Year Built

  • Built in 2011

Lot Details

  • 0.66

HOA Fees

  • $1,053 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Lot
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 2,023 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Drapes & Rods
  • Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02606-0000-00001-0203-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,471

Year Built

Built in 2011

Lot Details

0

HOA Fees

$1,053 per month

Parking

2

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2011
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: See LA for exclusions and inclusions
  • Street Number Display: 50
  • Directions: Summit Avenue to Parmley PL, metered parking on Parmley & Beechwood or park on Euclid & walk over. Left @ elevator, unit 203 on left side of hallway
  • I D: 5144244
  • Modified: 2023-06-15
  • Number Images: 25
  • Section Subdiv Development: Parmley In Town
  • First Name: MARTHA
  • First Name3: BRANDON
  • Last Name: MCDONNELL
  • Last Name3: DAUNNO
  • Office Phone: 973-301-0307
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Jennaire Type, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Drapes, Elevator, High Ceilings, Smoke Detector, SoakTub, StallShw, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: Second
  • Den Level: Second
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: Second
  • Living Room Dim: 13x11
  • Living Room Level: Second
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 9x10
  • Other Room1 Level: Second
  • Other Room 2: Foyer
  • Other Room2 Dim: 5x9
  • Other Room2 Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Den, Dining Room, Kitchen, Laundry Room, Living Room, Porch, Powder Room
  • Estimated Sq Ft: 2023

Exterior Features

  • Exterior Description: Brick, Stucco
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Assigned
  • Number Garage Spaces: 2
  • Parking Driveway Description: Parking Lot-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Association, Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Association, Public Water, Water Charge Extra
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Elevator
  • Association Maintenance Fee: 1053
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: R

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 0.664 AC
  • Assessed Improvement Value: 356600
  • Assessed Land Value: 90000
  • Assessment: 446600
  • Lot Description: Level Lot
  • Lot Identifier: 1.203
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 200
  • Pets Allowed: NumLimit, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 19471
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02606-0000-00001-0203-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jun 3, 2022
Sold by
Gehani and Indu
Bought by
L & S Investment Holdings Llc
Seller's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Buyer's Agent
BRANDON DAUNNO
DAUNNO REALTY SERVICES LLC
List Price
$1,495,000
Sold Price
$1,525,000
Premium/Discount to List
$30,000
2.01%
Total Days on Market
12
Current Estimated Value
$1,669,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,332
Avg. Annual Appreciation
1.91%

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 30, 2021
Sold by
Lang Bernard and Lang Maxine
Bought by
Gehani Narain and Gehani Indu
Seller's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Buyer's Agent
Richa Garg
WEICHERT REALTORS
List Price
$1,399,000
Sold Price
$1,380,000
Premium/Discount to List
-$19,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%

Range of Values:

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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
L & S Investment Holdings Llc $1,525,000 Old Republic Title
Gehani Narain $1,380,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lang Maxine $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $1,525,000 +2.0% $754 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,495,000 +8.3% $739 / Sq Ft
10/21/2021 10/21/21 Sold $1,380,000 -1.4% $682 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $1,399,000 -- $692 / Sq Ft
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 $19,324 $446,600 $90,000 $356,600
2023 $19,324 $446,600 $90,000 $356,600
2022 $19,128 $446,600 $90,000 $356,600
2021 $19,280 $446,600 $90,000 $356,600
2020 $19,472 $446,600 $90,000 $356,600
2019 $19,494 $446,600 $90,000 $356,600
2018 $19,369 $446,600 $90,000 $356,600
2017 $19,494 $446,600 $90,000 $356,600
2016 $19,208 $446,600 $90,000 $356,600
2015 $18,833 $446,600 $90,000 $356,600
2014 -- $446,600 $90,000 $356,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3777341

Garden State MLS

APN: 18-02606-0000-00001-203