D
Seller's Agent in 2018
DIANE TERRY
KELLER WILLIAMS REALTY
686 Springfield Ave Summit, NJ 07901
Estimated Value: $2,250,000 - $2,957,000
6
Beds
5
Baths
6,988
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- 1.92 Acre Lot
- Colonial Architecture
- Wooded Lot
- L C Johnson Summit Middle School Rated A+
- Recreation Room
- Wood Flooring
About This Home
As of April 2018BRAND NEW CONSTRUCTION - ESTIMATED COMPLETION FEB -Approx 4400 sq ft (not incl finished LL) custom center hall colonial. Less than 1 mile to town. Great open floor plan with tremendous light throughout. Enter into foyer from covered porch or enjoy direct access from ground level garage/mudrm. Formal living and dining room (shaker style wainscoting), 9' ceilings and hardwood floors on 1st & 2nd levels. Kitchen complete with LARGE center island, quartz counter tops, Wolf range, s/s appliances, open to family room (gas fireplace and custom mantle) and gorgeous coffered ceiling with direct access out to patio and level yard. Bonus office on main level featuring pocket doors. Master ste incl a HUGE custom walk-in closet, tray ceiling and elegant bath.
Last Agent to Sell the Property
DIANE TERRY
KELLER WILLIAMS REALTY Listed on: 10/19/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,748
Year Built
- Built in 2017 | Under Construction
Lot Details
- 1.92 Acre Lot
- Level Lot
- Sprinkler System
- Wooded Lot
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Stone Siding
- Clapboard
- Tile
Interior Spaces
- 6,988 Sq Ft Home
- High Ceiling
- Gas Fireplace
- Thermal Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Family Room with entrance to outdoor space
- Living Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Laundry Room
- Utility Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Butlers Pantry
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- 5 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Porch
Schools
- Franklin Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-02801-0000-00003-0002-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2017
Closed on
Apr 16, 2018
Sold by
Sunsetdevelopers Sprinfield686 Llcg
Bought by
Cogan David and Cogan Christina
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
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
$952,786
Avg. Annual Appreciation
5.99%
Original Mortgage
$250,000
Outstanding Balance
$215,096
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$2,487,690
Purchase Details
Listed on
Sep 23, 2016
Closed on
Apr 7, 2017
Sold by
Rosen David M and Rosen Sarah A
Bought by
Sunset Developers Springfield 686 Llc
Seller's Agent
NANCY R BURROWS
LOIS SCHNEIDER REALTOR
List Price
$499,000
Sold Price
$420,660
Premium/Discount to List
-$78,340
-15.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
322.05%
Original Mortgage
$750,000
Interest Rate
4.23%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 11, 2002
Sold by
Rosen David M and Rosen Richard A
Bought by
Rosen David M and Rosen Sara A
Purchase Details
Closed on
Feb 20, 1998
Sold by
Prabhakar Bhoopalam and Prabhakar Nethravathi
Bought by
Rosen David M and Rosen Richard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.9%
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 |
|---|---|---|---|
| Cogan David | $1,750,000 | Acres Land Title Agency Llc | |
| Sunset Developers Springfield 686 Llc | $427,500 | Lakeland Title | |
| Rosen David M | -- | -- | |
| Rosen David M | $415,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cogan David | $250,000 | |
| Previous Owner | Sunset Developers Springfield 686 Llc | $750,000 | |
| Previous Owner | Rosen David M | $332,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2018 04/16/18 | Sold | $1,750,000 | -2.5% | $250 / Sq Ft |
| 03/16/2018 03/16/18 | Pending | -- | -- | -- |
| 10/19/2017 10/19/17 | For Sale | $1,795,000 | +326.7% | $257 / Sq Ft |
| 04/19/2017 04/19/17 | Sold | $420,660 | -15.7% | $134 / Sq Ft |
| 03/22/2017 03/22/17 | Pending | -- | -- | -- |
| 09/23/2016 09/23/16 | For Sale | $499,000 | -- | $159 / 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 | $32,748 | $751,800 | $216,200 | $535,600 |
| 2024 | $32,530 | $751,800 | $216,200 | $535,600 |
| 2023 | $32,530 | $751,800 | $216,200 | $535,600 |
| 2022 | $32,200 | $751,800 | $216,200 | $535,600 |
| 2021 | $32,455 | $751,800 | $216,200 | $535,600 |
| 2020 | $32,778 | $751,800 | $216,200 | $535,600 |
| 2019 | $32,816 | $751,800 | $216,200 | $535,600 |
| 2018 | $10,244 | $236,200 | $216,200 | $20,000 |
| 2017 | $10,310 | $236,200 | $216,200 | $20,000 |
| 2016 | $0 | $409,500 | $233,600 | $175,900 |
| 2015 | $17,269 | $409,500 | $233,600 | $175,900 |
| 2014 | $16,822 | $409,500 | $233,600 | $175,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kim Cannon
Buyer's Agent in 2018
Kim Cannon
PROMINENT PROPERTIES SIR
(609) 947-4493
98 in this area
155 Total Sales
-
N
Seller's Agent in 2017
NANCY R BURROWS
LOIS SCHNEIDER REALTOR
Map
Source: Garden State MLS
MLS Number: 3425988
APN: 18-02801-0000-00003-02
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