NOT LISTED FOR SALE

61 Templar Way Summit, NJ 07901

Estimated Value: $2,416,000 - $2,708,000

4 Beds
4.5 Baths
3,156 Sq Ft
$825/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $1,530,000 $485 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $16,346/month

21 Days on Market

Highlights

  • Home Theater
  • Colonial Architecture
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Deck
  • Jetted Tub in Primary Bathroom

About This Home

As of May 2016

Stunning light-filled English Colonial, 4/5BRs, major renovs incl: Gourmet Kit & Fam Rm 2012, 3rd flr BR/BA 2013, beaut property in great 'play friendly' Northside neigh. approx 1m to town/train! Perfect combination of period charm & today's modern amenities: leaded glass windows, arched doorways, chestnut trim, magnificent stone FP in sunken LR w/adjac sunroom overlooking the yard, great Kit/Fam Rm combo w/sep breakfast rm, huge Mast Suite w/lux updtd Mast bth, heated floor & sep dressing rm w/laundry (can be addf'l BR). Great fin LL fam/media rm w/natural light, direct entry from 2-car att heated gar. Ample closets & storage throughout; New 2 zone cent air 2011, new sprinkler & sec sys 2012; Major Renov incls: Kit/Fam Rm/Powder Rm 2012, 3rd floor bedroom suite w/ new full bath, heated floor 2013.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 02/18/2016

Last Buyer's Agent

JASON FORSTER

PROVENTUS PROPERTIES, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,519

Year Built

  • Built in 1928

Lot Details

  • 0.33 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Slate Roof
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

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

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Radiator
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2918-02405-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,519

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Tudor
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Dining Room Chandelier
  • Street Number Display: 61
  • Directions: Essex Road to Robin Hood to Templar Way
  • I D: 4599978
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Northside
  • First Name: KIM
  • First Name3: JASON
  • Last Name: CANNON
  • Last Name3: FORSTER
  • Office Phone3: 265228
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Washer, Water Filter, Dishwasher, Self Cleaning Oven, Water Softener-Own, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Fire Extinguisher, Cedar Closets, Smoke Detector, Window Treatments, Beam Ceilings, Drapes, Blinds, Security System, Carbon Monoxide Detector, Shades, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, 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 And Tub, Jetted Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished-Partially
  • Basement Level Rooms: Utility Room, Media Room, Walkout, Storage Room, Workshop, Outside Entrance, Toilet
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area
  • Kitchen Dim: 16x15
  • Kitchen Level: First
  • Living Room Dim: 26x16
  • Living Room Level: First
  • Other Room1 Dim: 14x10
  • Other Room1 Level: Second
  • Other Room 2: Breakfast
  • Other Room2 Dim: 14x10
  • Other Room2 Level: First
  • Other Room 3: Media Room
  • Other Room3 Dim: 25x16
  • Other Room3 Level: Basement
  • Other Room 4: Sunroom
  • Other Room4 Dim: 15x10
  • Other Room4 Level: First
  • Other Level Rooms: Additional Bathroom
  • Level 1 Rooms: Breakfast Room, Foyer, Living Room, Sunroom, Family Room, Kitchen, Dining Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: 1 Bedroom, Attic, Storage Room, Bath(s) Other
  • Ground Level Rooms: Toilet, Utility Room, Family Room, Walkout, Outside Entrance, Workshop
  • Phone: 908-522-1800

Exterior Features

  • Exterior Description: Wood, Stone, Stucco
  • Exterior Features: Barbeque, Deck, Open Porch(es), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Ceiling Fan, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

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: 100X144 .331
  • Assessed Improvement Value: 492200
  • Assessed Land Value: 207800
  • Assessment: 700000
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.33
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 29519
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02405-0000-00011-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 29, 2016
Sold by
Avery Linda W
Bought by
Wieber Brian and Wieber Carol
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
JASON FORSTER
PROVENTUS PROPERTIES, LLC.
List Price
$1,625,000
Sold Price
$1,530,000
Premium/Discount to List
-$95,000
-5.85%
Current Estimated Value
$2,603,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,904
Avg. Annual Appreciation
5.83%
Original Mortgage
$22,400
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2011
Sold by
Solmssen Hans J and Solmssen Sally T
Bought by
Avery Linda W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Solmssen Hans J and Solmssen Sally T
Bought by
Solmssen Sally T
Source: Public Records

Range of Values:

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Average Value
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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
Wieber Brian $1,530,000 --
Avery Linda W $1,485,000 None Available
Solmssen Sally T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wieber Brian $22,400
Previous Owner Avery Linda W $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $1,530,000 -5.8% $485 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $1,625,000 -- $515 / 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 $30,492 $700,000 $207,800 $492,200
2024 $30,289 $700,000 $207,800 $492,200
2023 $30,289 $700,000 $207,800 $492,200
2022 $29,981 $700,000 $207,800 $492,200
2021 $30,219 $700,000 $207,800 $492,200
2020 $30,520 $700,000 $207,800 $492,200
2019 $30,555 $700,000 $207,800 $492,200
2018 $30,359 $700,000 $207,800 $492,200
2017 $30,555 $700,000 $207,800 $492,200
2016 $30,107 $700,000 $207,800 $492,200
2015 $29,519 $700,000 $207,800 $492,200
2014 $30,835 $750,600 $207,800 $542,800
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2016

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    100 in this area

    157 Total Sales

    Kim Cannon
    Section Image

  • J

    Buyer's Agent in 2016

    JASON FORSTER

    PROVENTUS PROPERTIES, LLC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3282715

Garden State MLS

APN: 18-02405-0000-00011

New Jersey Union County Summit 07901

61 Templar Way, Summit, NJ

This home is located at 61 Templar Way, Summit, NJ 07901 since 18 February 2016 and is currently estimated at $2,603,904, approximately $825 per square foot. This property was built in 1928. 61 Templar Way is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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