NOT LISTED FOR SALE

7 Madison Ave Summit, NJ 07901

Estimated Value: $1,815,676 - $2,336,000

4 Beds
4 Baths
-- Sq Ft
0.3 Acres Lot

Sale Details

Date Sold: December 12, 2016

Last sale price $1,185,000

Est. 71% increase in value since last sale

Current estimated payment $12,583 / mo

40 Days on Market

Highlights

  • Barn or Stable
  • Media Room
  • Carriage House
  • L C Johnson Summit Middle School Rated A+
  • Guest Suite with Kitchen
  • Recreation Room

About This Home

As of December 2016

Set on one of Summit's historic estates "Barbery Corner" this 4 bedroom,2 full/2 half bath colonial w/original carriage house is situated in the heart of Summit near town and schools.Great curb appeal! The home is set back from the street and features a long circular driveway, front patio and level lawn. Welcoming foyer, updated kitchen with granite counters, ss appl. & convenient mudroom/laundry/exit to yard off kitchen. Family room with w/b fire place & sliding doors to back patio. 4 spacious bedrooms on 2nd. fl. along w/ updated master bath and hall bath. Finished basement with half bath and office.CAC. Private level back yard w/ patio and area for swing set. Historic carriage house w/ 2 bedrooms, den, full bath and kitchen; ideal as an in-law residence/media room/home office. Truly special!

Last Agent to Sell the Property

MAUREEN KAELIN

PROMINENT PROPERTIES SIR Listed on: 09/23/2016

Last Buyer's Agent

AMY BURAKOVSKY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,931

Year Built

  • Built in 1969

Lot Details

  • 13,068 Sq Ft Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Circular Driveway

Home Design

  • Carriage House
  • Colonial Architecture
  • Asphalt Shingled Roof
  • Clapboard
  • Tile

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Guest Suite with Kitchen
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Separate Entry Quarters
  • Barn or Stable

Listing and Financial Details

  • Assessor Parcel Number 2918-01301-0000-00016-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,931

Year Built

Built in 1969

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1969
  • County Name: Union
  • Exclusions: See agent
  • Directions: Kent Place Boulevard to Madison Ave. 2nd home on right.
  • I D: 4657611
  • First Name: MAUREEN
  • First Name3: AMY
  • Last Name: KAELIN
  • Last Name3: BURAKOVSKY
  • Office Phone: 973-738-3637
  • Office Phone3: 973.886.5432
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, Range/Oven-Electric, CookElec, Refrigerator, OvnWGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Fire Alarm Sys, Security System, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Full, Finished
  • Basement Level Rooms: Bath(s) Other, Powder Room, Media Room, Rec Room, Office, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Kitchen, Living Room, Full Bath, SepEnter
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 21x13
  • Kitchen Level: First
  • Living Room Dim: 14x20
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 13x14
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 22x28
  • Other Room2 Level: Basement
  • Other Room 3: Office
  • Other Room3 Dim: 13x17
  • Other Room3 Level: Basement
  • Level 1 Rooms: Breakfast Room, Family Room, Kitchen, Powder Room, Laundry Room, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Open Porch(es), Sidewalk, Barn/Stable, Carriage House, Patio, Underground Lawn Sprinkler, Curbs, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Blacktop, Circular

Utilities

  • Cooling: Ceiling Fan, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Electric, 3 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 71X185
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16931
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-01301-0000-00016-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 14, 2016
Sold by
John Floegel
Bought by
Dudebout Nicolas and Dudebout Laura
Seller's Agent
MAUREEN KAELIN
PROMINENT PROPERTIES SIR
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$1,245,000
Sold Price
$1,185,000
Premium/Discount to List
-$60,000
-4.82%
Current Estimated Value
$2,026,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$841,419
Avg. Annual Appreciation
5.87%
Original Mortgage
$948,000
Outstanding Balance
$779,554
Interest Rate
4.13%
Estimated Equity
$1,246,865

Purchase Details

Closed on
Dec 15, 1998
Sold by
Corallo Sandra Ann and Corallo Sandra A
Bought by
Floegel John and Floegel Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.85%

Purchase Details

Closed on
Jan 9, 1998
Sold by
Corallo Victor and Corallo Sandra Ann
Bought by
Corallo Sandra A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Dudebout Nicolas -- --
Floegel John $525,000 --
Corallo Sandra A -- --
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 Dudebout Nicolas $948,000
Closed Dudebout Nicolas --
Previous Owner Floegel John $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $1,185,000 -4.8% --
11/02/2016 11/02/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $1,245,000 -- --
Source: Garden State MLS

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 $19,402 $445,400 $162,700 $282,700
2024 $19,272 $445,400 $162,700 $282,700
2023 $19,272 $445,400 $162,700 $282,700
2022 $17,196 $401,500 $162,700 $238,800
2021 $17,333 $401,500 $162,700 $238,800
2020 $17,505 $401,500 $162,700 $238,800
2019 $17,525 $401,500 $162,700 $238,800
2018 $17,413 $401,500 $162,700 $238,800
2017 $17,525 $401,500 $162,700 $238,800
2016 $17,269 $401,500 $162,700 $238,800
2015 $16,931 $401,500 $162,700 $238,800
2014 $16,494 $401,500 $162,700 $238,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    MAUREEN KAELIN

    PROMINENT PROPERTIES SIR

  • A

    Buyer's Agent in 2016

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3338338

Garden State MLS

APN: 18-01301-0000-00016

New Jersey Union County Summit 07901

7 Madison Ave, Summit, NJ

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