NOT LISTED FOR SALE

7 Dorset Ln Summit, NJ 07901

Summit Area

Estimated Value: $1,652,652

3 Beds
2 Baths
-- Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: August 15, 2013

Last sale price $820,000

Est. 102% increase in value since last sale

Current estimated payment $10,604 / mo

About This Home

As of August 2013

This home is located at 7 Dorset Ln, Summit, NJ 07901 since 15 August 2013 and is currently estimated at $1,652,652. 7 Dorset Ln 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

DEIRDRE J. CHASSMAN

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-2991 Listed on: 08/15/2013

Last Buyer's Agent

LINDA PECK

PROMINENT PROPERTIES SIR

Range of Values:

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

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 12,632 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.29 Acres

Listing Details

  • County Name: Union
  • I D: 4346339
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 109X117
  • Total Acres: 0.29

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Aug 9, 2013
Sold by
Lau Derek J and Kehimkar Sarah Natasha
Bought by
Seller's Agent
DEIRDRE J. CHASSMAN
PROMINENT PROPERTIES SIR
Buyer's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Sold Price
$820,000
Current Estimated Value
$1,652,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,652
Avg. Annual Appreciation
5.50%
Original Mortgage
$500,000
Outstanding Balance
$357,806
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$1,294,846

Purchase Details

Closed on
Nov 20, 2000
Sold by
Flanagan Robert M and Flanagan Linda H
Bought by
Lau Derek J and Kehimkar Sarah Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.62%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Nicole Levine Real Estate Agent - WEICHERT REALTORS

    Nicole Levine

    WEICHERT REALTORS

    (862) 259-6555

    77 Total Sales

    1 in Summit

    $601,000 Price

    Nicole Levine
     Section Image
  • Wendy Dessanti Real Estate Agent - Weichert Realtors, Tenafly-Cresskill

    Wendy Dessanti

    Responds Quickly

    Weichert Realtors, Tenafly-Cresskill

    (551) 345-5188

    28 Total Sales

    2 in Summit

    $950K - $1.3M Price Range

    Wendy Dessanti
     Section Image
  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE

    (908) 883-3374

    649 Total Sales

    1 in Summit

    $800,000 Price

    Michele Klug
     Section Image
  • Lorraine First Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Lorraine First

    KL SOTHEBY'S INT'L. REALTY

    (857) 305-4661

    63 Total Sales

    1 in Summit

    $716,000 Price

    Lorraine First
     Section Image
  • Donald Hansen Real Estate Agent - C-21 NEW BEGINNINGS

    Donald Hansen

    C-21 NEW BEGINNINGS

    (908) 503-2639

    61 Total Sales

    1 in Summit

    $400,000 Price

    Donald Hansen
     Section Image
  • Antje Virostek Real Estate Agent - RE/MAX SELECT - Rockaway

    Antje Virostek

    RE/MAX SELECT - Rockaway

    (551) 244-7405

    48 Total Sales

    1 in Summit

    $385,000 Price

    Antje Virostek
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,517 Stewart Title Guaranty Co
Lau Derek J $422,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Previous Owner Lau Derek J $378,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $820,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,291 $342,000 $158,400 $183,600
2025 $15,291 $342,000 $158,400 $183,600
2024 $12,124 $342,000 $158,400 $183,600
2023 $12,124 $280,200 $158,400 $121,800
2022 $12,001 $280,200 $158,400 $121,800
2021 $12,096 $280,200 $158,400 $121,800
2020 $12,217 $280,200 $158,400 $121,800
2019 $12,231 $280,200 $158,400 $121,800
2018 $12,152 $280,200 $158,400 $121,800
2017 $12,231 $280,200 $158,400 $121,800
2016 $12,051 $280,200 $158,400 $121,800
2015 $11,816 $280,200 $158,400 $121,800
2014 $11,511 $280,200 $158,400 $121,800
Source: Public Records

Agents Affiliated with this Home

  • DC

    Seller's Agent in 2013

    DEIRDRE J. CHASSMAN

    PROMINENT PROPERTIES SIR

  • LP

    Buyer's Agent in 2013

    LINDA PECK

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3047988

Garden State MLS

APN: 18-01802-0000-00037

New Jersey Union County Summit 07901

7 Dorset Ln, Summit, NJ

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