NOT LISTED FOR SALE

57 Colt Rd Summit, NJ 07901

Estimated Value: $4,100,000 - $4,518,412

6 Beds
5 Baths
3,763 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $4,100,000 $1,090 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $26,136/month

About This Home

As of September 2022

This home is located at 57 Colt Rd, Summit, NJ 07901 since 30 September 2022 and is currently estimated at $4,240,137, approximately $1,126 per square foot. This property was built in 1949. 57 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.

Last Agent to Sell the Property

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/30/2022

Last Buyer's Agent

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 09/30/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.56

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • County Name: Union
  • I D: 5180043
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Colt 57 Llc
Bought by
Redmond William E and Bush Lori
Current Estimated Value
$4,240,137

Purchase Details

Listed on
Sep 30, 2022
Closed on
Sep 21, 2022
Sold by
Guttilla Christopher and Guttilla Anna R
Bought by
Colt 57 Llc
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
List Price
$4,150,000
Sold Price
$4,100,000
Premium/Discount to List
-$50,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
May 26, 2010
Sold by
May Harriet E and May Ernest D
Bought by
Guttilla Christopher and Guttilla Anna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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Average Value
Not Available
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
Redmond William E -- None Listed On Document
Redmond William E -- None Listed On Document
Colt 57 Llc $4,100,000 Chicago Title
Colt 57 Llc $4,100,000 Chicago Title
Guttilla Christopher $2,150,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guttilla Christopher $729,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $4,100,000 -1.2% $1,090 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $4,150,000 -- $1,103 / 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
2025 $47,833 $1,098,100 $370,100 $728,000
2024 $47,515 $1,098,100 $370,100 $728,000
2023 $47,515 $1,098,100 $370,100 $728,000
2022 $47,032 $1,098,100 $370,100 $728,000
2021 $47,405 $1,098,100 $370,100 $728,000
2020 $47,877 $1,098,100 $370,100 $728,000
2019 $47,932 $1,098,100 $370,100 $728,000
2018 $47,625 $1,098,100 $370,100 $728,000
2017 $47,932 $1,098,100 $370,100 $728,000
2016 $47,229 $1,098,100 $370,100 $728,000
2015 $46,307 $1,098,100 $370,100 $728,000
2014 $45,110 $1,098,100 $370,100 $728,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3810382

Garden State MLS

APN: 18-03009-0000-00001

New Jersey Union County Summit 07901

57 Colt Rd, Summit, NJ

Not Listed for Sale

Detached

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