NOT LISTED FOR SALE

7 Iris Rd Summit, NJ 07901

Estimated Value: $1,224,000 - $1,380,000

4 Beds
3 Baths
1,892 Sq Ft
$702/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $796,000 $421 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,404/month

8 Days on Market

Highlights

  • On Golf Course
  • Colonial Architecture
  • Wooded Lot
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Wood Flooring

About This Home

As of December 2016

Impeccably appointed, light and airy Colonial Split Level, newly renovated including 2016 kitchen, master suite, recreation/playroom and much more, all on level lot with golf course views. Interior completely repainted in today/'s palate, new hardwood floors in the Master suite, living room, kitchen and dining area and all hardood floors refinished. The versatile multi-level floor plan includes a 1st floor family room and ground level bedroom/office, plus 2016 lower level play/recreation room and oversized garage. Must be seen to be appreciated.

Last Agent to Sell the Property

NANCY R BURROWS

LOIS SCHNEIDER REALTOR Listed on: 10/12/2016

Last Buyer's Agent

Suzanne Lear

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,466

Year Built

  • Built in 1958

Lot Details

  • 9,148 Sq Ft Lot
  • On Golf Course
  • Fenced
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Shades
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2918-00103-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,466

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level, Colonial
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Union
  • Possible Other Uses: Home-Office
  • Renovated Year: 2016
  • Street Number Display: 7
  • Directions: Canoe Brook to Iris Road
  • I D: 4664290
  • Modified: 2021-09-23
  • Number Images: 20
  • First Name: NANCY R
  • First Name3: SUZANNE
  • Last Name: BURROWS
  • Last Name3: LEAR
  • Office Phone3: 908-868-5245
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Ceramic Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: StallShw, Walk-In Closet, StallTub, Fire Extinguisher, Shades, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Country Kitchen
  • Kitchen Dim: 14x12
  • Kitchen Level: First
  • Living Room Dim: 22x12
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 12x12
  • Other Room1 Level: Ground
  • Other Room 2: Rec Room
  • Other Room2 Dim: 20x16
  • Other Room2 Level: Basement
  • Level 1 Rooms: Family Room, Kitchen, Foyer, Dining Room, Living Room, SeeRem
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath Main
  • Ground Level Rooms: 1 Bedroom, Bath Main
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Curbs, Metal Fence, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Storage

Schools

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

Lot Info

  • Lot Size: 60X150
  • Assessed Improvement Value: 131500
  • Assessed Land Value: 140400
  • Assessment: 271900
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Wooded Lot, Level Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11466
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00103-0000-00021-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 16, 2016
Sold by
Maureen Ann Mcgovern
Bought by
Mulvey Matthew and Mulvey Carly
Seller's Agent
NANCY R BURROWS
LOIS SCHNEIDER REALTOR
Buyer's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
List Price
$759,000
Sold Price
$796,000
Premium/Discount to List
$37,000
4.87%
Current Estimated Value
$1,327,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,389
Avg. Annual Appreciation
5.99%
Original Mortgage
$592,500
Outstanding Balance
$487,642
Interest Rate
4.16%
Estimated Equity
$839,748

Purchase Details

Closed on
Dec 31, 2001
Sold by
Howard Marshall K and Howard Leslie Z
Bought by
Mcgovern Maureen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,350
Interest Rate
7.04%

Purchase Details

Closed on
Jan 8, 2000
Sold by
Thomas Michael L and Thomas Amy A
Bought by
Howard Marshall K and Howard Leslie Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 27, 1997
Sold by
Mccarthy Maurice and Mccarthy Emily
Bought by
Thomas Michael L and Thomas Amy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.37%
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
Mulvey Matthew -- --
Mcgovern Maureen Ann $461,500 Stewart Title Guaranty Compa
Howard Marshall K $355,000 --
Thomas Michael L $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulvey Matthew $592,500
Closed Mulvey Matthew --
Previous Owner Mcgovern Maureen Ann $415,350
Previous Owner Howard Marshall K $284,000
Previous Owner Thomas Michael L $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $796,000 +4.9% $421 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $759,000 -- $401 / 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 $16,387 $376,200 $140,400 $235,800
2024 $13,180 $376,200 $140,400 $235,800
2023 $13,180 $304,600 $140,400 $164,200
2022 $13,046 $304,600 $140,400 $164,200
2021 $13,150 $304,600 $140,400 $164,200
2020 $13,281 $304,600 $140,400 $164,200
2019 $13,296 $304,600 $140,400 $164,200
2018 $13,211 $304,600 $140,400 $164,200
2017 $13,296 $304,600 $140,400 $164,200
2016 $11,694 $271,900 $140,400 $131,500
2015 $11,466 $271,900 $140,400 $131,500
2014 $11,170 $271,900 $140,400 $131,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    NANCY R BURROWS

    LOIS SCHNEIDER REALTOR

  • S

    Buyer's Agent in 2016

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    60 in this area

    115 Total Sales

    Suzanne Lear
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3342391

Garden State MLS

APN: 18-00103-0000-00021

New Jersey Union County Summit 07901

7 Iris Rd, Summit, NJ

This home is located at 7 Iris Rd, Summit, NJ 07901 since 12 October 2016 and is currently estimated at $1,327,389, approximately $701 per square foot. This property was built in 1958. 7 Iris Rd 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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