Seller's Agent in 2023
Fred Sawiris
Keller Williams City Views Realty
(201) 390-0797
1 in this area
22 Total Sales
517 Summit St Englewood Cliffs, NJ 07632
Estimated Value: $2,925,670 - $3,391,000
7
Beds
7
Baths
--
Sq Ft
0.29
Acres
Highlights
- Views to the East
- En-Suite Primary Bedroom
- Central Air
- Upper School Elementary School Rated A
- Attic Fan
- Baseboard Heating
About This Home
As of April 20239,000 sqft of pure luxury! Walk up to stunning stone entrance w/dbl mahogany door into your beautiful LR w/vaulted-ceiling w/stunning fireplace. Continue to the library, guestroom, FR & powder room. Custom kitchen w/cherry wood cabinets. Walk to the brkft area, pantry & laundry room. FDR w/custom mahogany buffet. Walk up a stunning cherry staircase or take the cherry elevator to the 2nd fl you'll find 5 bdrms, 3 bths. The MBR has vaulted ceiling, 2 walk-in closets, balcony, MBTH. The North wing features 2 bdrms w/balcony, Jack & Jill bth w/exquisite antique cabinetry & linen closets. The South wing features 2 bdrms, 1 w/balcony, Jack & Hill bth, & linen closet. The lower level boasts an elegant mediaroom w/custom wood finish, wet bar, recreation room, gym, powder room & maids' qrts. Throughout this spectacular home you'll find custom paint & gold leaf trim. This house has a picturesque clay tile roof, circular driveway, & 3 Car garage, covered patio w/gas grill connection.
Last Agent to Sell the Property
Keller Williams City Views Realty Listed on: 08/22/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,414
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 125 x 100
- Rectangular Lot
Parking
- 3 Car Garage
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Attic
- Attic Fan
Schools
- North Cliff Elementary School
- Upper Middle School Elementary Middle School
- Dwight Morrow High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Natural Gas
- Radiant Heating System
Additional Features
- Views to the East
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Legal Lot and Block 00012 / 00612
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2022
Closed on
Apr 17, 2023
Sold by
Dimitrey Amil and Dimitrey Angele
Bought by
Sharma Deepak and Sharma Binu
Seller's Agent
Fred Sawiris
Keller Williams City Views Realty
Buyer's Agent
Fred Sawiris
Keller Williams City Views Realty
List Price
$3,500,000
Sold Price
$2,560,000
Premium/Discount to List
-$940,000
-26.86%
Views
86
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
$574,418
Avg. Annual Appreciation
7.76%
Original Mortgage
$2,100,000
Outstanding Balance
$1,159,957
Interest Rate
5.75%
Mortgage Type
Seller Take Back
Estimated Equity
$1,974,461
Purchase Details
Closed on
Jan 3, 2007
Sold by
Avignone James I
Bought by
Dimtrey Amil and Dimtrey Angele
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,600
Interest Rate
6.19%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Sharma Deepak | $2,560,000 | Forescene Title | |
| Sharma Deepak | $2,560,000 | Forescene Title | |
| Dimtrey Amil | $852,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharma Deepak | $2,100,000 | |
| Closed | Sharma Deepak | $2,100,000 | |
| Previous Owner | Dimtrey Amil | $681,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $2,560,000 | -14.7% | -- |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- |
| 02/11/2023 02/11/23 | Price Changed | $3,000,000 | -7.7% | -- |
| 09/20/2022 09/20/22 | Price Changed | $3,250,000 | -7.1% | -- |
| 08/22/2022 08/22/22 | For Sale | $3,500,000 | -- | -- |
Source: New Jersey 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 |
|---|---|---|---|---|
| 2025 | $27,211 | $2,355,900 | $825,000 | $1,530,900 |
| 2024 | $26,881 | $2,355,900 | $825,000 | $1,530,900 |
| 2023 | $26,457 | $2,355,900 | $825,000 | $1,530,900 |
| 2022 | $26,391 | $2,350,000 | $825,000 | $1,525,000 |
| 2021 | $20,287 | $2,350,000 | $825,000 | $1,525,000 |
| 2020 | $27,049 | $2,350,000 | $825,000 | $1,525,000 |
| 2019 | $25,404 | $2,350,000 | $825,000 | $1,525,000 |
| 2018 | $24,511 | $2,350,000 | $825,000 | $1,525,000 |
| 2017 | $23,453 | $2,350,000 | $825,000 | $1,525,000 |
| 2016 | $23,007 | $2,350,000 | $825,000 | $1,525,000 |
| 2015 | $21,855 | $2,350,000 | $825,000 | $1,525,000 |
| 2014 | $22,096 | $2,539,800 | $825,000 | $1,714,800 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Sawiris
Map
Source: New Jersey MLS
MLS Number: 22031276
APN: 16-00612-0000-00012
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