Seller's Agent in 2021
Kim Cannon
PROMINENT PROPERTIES SIR
(609) 947-4493
97 in this area
152 Total Sales
53 Hobart Ave Summit, NJ 07901
Estimated Value: $3,135,000 - $3,492,000
6
Beds
6
Baths
3,727
Sq Ft
$877/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Corner Lot
- L C Johnson Summit Middle School Rated A+
- Victorian Architecture
- High Ceiling
About This Home
As of January 2021A home impeccably renovated to the highest level, this stunning Northside true beauty perfectly blends modern amenities, restored architectural original details & offers a prime in-town location. No detail overlooked inside & out, every inch is perfect! Ticking all the boxes: rocking chair porch, true Victorian port cochere over brick & stone driveway, professionally designed, privately property with exceptional landscaping/fencing/hardscape. Sophisticated decor & layout accommodating all levels of entertaining & day-to-day living. High-end custom kitchen, all bathrooms updated, flexible bedroom space-5/6BRs & home offices, 2 ldrys, Mud Rm, Exer Rm, SUV suitable 2-car gar plus 'weekend' car pkg spot. True walk-to-everything Northside location. A Summit home admired by many & totally move-in ready!
Last Buyer's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,654
Year Built
- Built in 1893
Lot Details
- 0.46 Acre Lot
- Privacy Fence
- Wood Fence
- Corner Lot
- Level Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Attached Carport
- Private Driveway
Home Design
- Victorian Architecture
- Wood Shingle Roof
- Wood Siding
- Tile
Interior Spaces
- Sound System
- Beamed Ceilings
- High Ceiling
- Wood Burning Fireplace
- Thermal Windows
- Shades
- Blinds
- Mud Room
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Storage Room
- Utility Room
- Home Gym
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Porch
Schools
- Lincoln-Hubbard Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-02611-0000-00001-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2020
Closed on
Jan 4, 2021
Sold by
Mcclearn Cameron C and Mcclearn Robin Cruz
Bought by
Shea Daniel Powell and Shea Kristin Urbaniak
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
List Price
$2,175,000
Sold Price
$2,305,000
Premium/Discount to List
$130,000
5.98%
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
$965,424
Avg. Annual Appreciation
7.26%
Original Mortgage
$1,687,500
Outstanding Balance
$1,505,835
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,764,589
Purchase Details
Closed on
Jun 28, 2007
Sold by
Ruschmeier Peter and Ruschmeier Autumn
Bought by
Mcclearn Cameron C and Mcclearn Robin Cruz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 25, 2002
Sold by
Panepinto James
Bought by
Ruschmeier Peter and Ruschmeier Autumn
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
6.64%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Shea Daniel Powell | $2,305,000 | Chicago Title Insurance Co | |
| Powell Shea Daniel | $2,305,000 | Chicago Title | |
| Mcclearn Cameron C | $1,805,000 | United General Title Ins Co | |
| Ruschmeier Peter | $1,075,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Powell Shea Daniel | $1,687,500 | |
| Closed | Powell Shea Daniel | $1,687,500 | |
| Previous Owner | Mcclearn Cameron C | $100,000 | |
| Previous Owner | Mcclearn Cameron C | $400,000 | |
| Previous Owner | Ruschmeier Peter | $860,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2021 01/05/21 | Sold | $2,305,000 | +6.0% | $618 / Sq Ft |
| 10/17/2020 10/17/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $2,175,000 | -- | $584 / 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 |
|---|---|---|---|---|
| 2025 | $35,946 | $825,200 | $244,200 | $581,000 |
| 2024 | $35,706 | $825,200 | $244,200 | $581,000 |
| 2023 | $35,706 | $825,200 | $244,200 | $581,000 |
| 2022 | $35,343 | $825,200 | $244,200 | $581,000 |
| 2021 | $31,307 | $725,200 | $244,200 | $481,000 |
| 2020 | $31,619 | $725,200 | $244,200 | $481,000 |
| 2019 | $31,655 | $725,200 | $244,200 | $481,000 |
| 2018 | $31,452 | $725,200 | $244,200 | $481,000 |
| 2017 | $31,655 | $725,200 | $244,200 | $481,000 |
| 2016 | $31,191 | $725,200 | $244,200 | $481,000 |
| 2015 | $30,582 | $725,200 | $244,200 | $481,000 |
| 2014 | $29,791 | $725,200 | $244,200 | $481,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Cannon
-
E
Buyer's Agent in 2021
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
Map
Source: Garden State MLS
MLS Number: 3670302
APN: 18-02611-0000-00001
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