NOT LISTED FOR SALE

61 Templar Way Summit, NJ 07901

Estimated Value: $2,529,000 - $2,603,126

4 Beds
4.5 Baths
3,156 Sq Ft
$816/Sq Ft Est. Value

Last Sold May 13, 2016

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

Est. 68% increase in value since last sale

Current estimated payment $16,863/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 Listed By

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 02/18/2016

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%
Total Days on Market
21
Current Estimated Value
$2,574,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,042
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

Range of Values:

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List 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
Open Wieber Brian $766,000
Previous Owner Wieber Brian $22,400
Previous Owner Avery Linda A $500,000
Previous Owner Avery Linda W $320,000
Previous Owner Solmssen Hans J $500,000
Previous Owner Solmssen Hans J $236,000
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
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

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Map

Source: Garden State MLS

MLS Number: 3282715

Garden State MLS

APN: 18-02405-0000-00011