NOT LISTED FOR SALE

58 Rotary Dr Summit, NJ 07901

Estimated Value: $1,673,336 - $1,834,000

5 Beds
3.5 Baths
-- Sq Ft
0.34 Acres

Last Sold May 13, 2016

Last sale price $999,000

Est. 76% increase in value since last sale

Current estimated payment $11,149/month

21 Days on Market

Highlights

  • Spa
  • Deck
  • Wooded Lot
  • L C Johnson Summit Middle School Rated A+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of May 2016

Nestled in the heart of the Highlands, this meticulously maintained Split Level home, situated on.34 acre parcel of beautifully landscaped property, is ideal for formal entertaining along with casual living. The interior is enhanced by two wood burning fireplaces, hardwood floors, higher ceilings, elaborate trims and spacious rooms. Some additional features include a new roof, '10; furnace, '09; full house generator,'13; gas hot water heater, '13; 2 electrical panels,'13; wired for sound on 1st floor and in-ground sprinkler system. Located close to downtown Summit, New York transportation, the developed highway system and Newark International Airport.

Last Agent to Sell the Property

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR Listed on: 01/28/2016

Co-Listed By

WINIFRED CAVAZINI

PROMINENT PROPERTIES SIR

Last Buyer's Agent

SUSAN FINN

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,762

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Additional Parking

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • Wet Bar
  • Sound System
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Sump Pump
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Enclosed Patio or Porch

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2918-05303-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,762

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1957
  • County Name: Union
  • Exclusions: Text realtors Roey 908-377-4852 or Winnie 908-256-3044
  • Street Number Display: 58
  • Directions: Ashland Road west, left onto Rotary Drive- #58
  • I D: 4595389
  • Modified: 2021-09-23
  • Number Images: 22
  • Section Subdiv Development: Highlands
  • First Name: ROSEMARY M
  • First Name2: WINIFRED
  • First Name3: SUSAN
  • Last Name: DANGLER
  • Last Name2: CAVAZINI
  • Last Name3: FINN
  • Office Phone2: 908-256-3044
  • Office Phone3: 908-522-3876
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, Generator-Built-In, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Water Softener-Own, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Fire Extinguisher, Bar-Wet, Smoke Detector, Stereo System, Blinds, Carbon Monoxide Detector, Shades, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 24x9
  • Kitchen Level: First
  • Living Room Dim: 24x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 16x15
  • Other Room1 Level: Third
  • Other Room 2: Library
  • Other Room2 Dim: 13x11
  • Other Room2 Level: First
  • Other Room 3: Exercise Room
  • Other Room3 Dim: 20x11
  • Other Room3 Level: Ground
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 25x9
  • Other Room4 Level: Ground
  • Level 1 Rooms: Foyer, Library, Living Room, Kitchen, Porch, Dining Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Attic, Bath(s) Other
  • Ground Level Rooms: Powder Room, Exercise Room, Utility Room, Family Room, Storage Room, Workshop
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Deck, Open Porch(es), Hot Tub, Storm Door(s), Underground Lawn Sprinkler, Curbs, Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Wall A/C Unit(s), Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Electric, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Franklin
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 0.344
  • Assessed Improvement Value: 147200
  • Assessed Land Value: 274000
  • Assessment: 421200
  • Lot Description: Wooded Lot
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17762
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05303-0000-00023-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Jun 7, 2016
Sold by
George J Martin
Bought by
Weedman Leonard and Weedman Rachel
Seller's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Buyer's Agent
SUSAN FINN
COLDWELL BANKER REALTY
List Price
$999,999
Sold Price
$999,000
Premium/Discount to List
-$999
-0.1%
Current Estimated Value
$1,762,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,084
Avg. Annual Appreciation
5.11%
Original Mortgage
$650,000
Outstanding Balance
$533,904
Interest Rate
3.66%
Estimated Equity
$1,054,515
Source: Public Records

Range of Values:

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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
Weedman Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weedman Leonard $200,000
Open Weedman Leonard $650,000
Closed Weedman Leonard --
Closed Weedman Leonard W $650,000
Previous Owner Martin George J $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $999,000 -0.1% --
02/18/2016 02/18/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $999,999 -- --
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 $18,792 $434,300 $274,000 $160,300
2023 $18,792 $434,300 $274,000 $160,300
2022 $18,601 $434,300 $274,000 $160,300
2021 $18,749 $434,300 $274,000 $160,300
2020 $18,364 $421,200 $274,000 $147,200
2019 $18,385 $421,200 $274,000 $147,200
2018 $18,267 $421,200 $274,000 $147,200
2017 $18,385 $421,200 $274,000 $147,200
2016 $18,116 $421,200 $274,000 $147,200
2015 $17,762 $421,200 $274,000 $147,200
2014 $17,303 $421,200 $274,000 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3278303

Garden State MLS

APN: 18-05303-0000-00023