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Seller's Agent in 2017
Chris Joo
KELLER WILLIAMS TOWNE SQUARE REAL
(908) 581-7374
103 Total Sales
7 O Shea Ln Summit, NJ 07901
Estimated Value: $1,912,000 - $2,185,000
5
Beds
2.5
Baths
3,514
Sq Ft
$568/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Cathedral Ceiling
- Loft
- L C Johnson Summit Middle School Rated A+
- Wood Flooring
- Workshop
About This Home
As of August 2017Sparkling home filled with natural light, tastefully maintained home has open & airy floor plan with high ceiling (9 ft 1st fl), freshly painted interior with many modern updates, welcoming two story foyer opens to generously sized rooms, decorative columns divide formal living room, dining room, warm & inviting family room with fire place, updated kitchen with island, slider to paver patio to enjoy the outdoor living, first level has a large guest room and laundry, second floor offers loft , stunning master suite with high tray volume ceiling, two huge walk-in closets and updated exquisite bathroom, there are additional 3 large bedrooms with abundance of closets and beautiful hall bath, gleaming wood floors, full basement is great for additional renovation, "Commuters Delight" is ready to move in and enjoy
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,271
Year Built
- Built in 1997 | Remodeled
Lot Details
- 0.3 Acre Lot
- Cul-De-Sac
- Wood Fence
- Open Lot
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Vinyl Siding
- Tile
Interior Spaces
- 3,514 Sq Ft Home
- Cathedral Ceiling
- Wood Burning Fireplace
- Thermal Windows
- Shades
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Loft
- Workshop
- Storage Room
- Utility Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Dressing Area
- Powder Room
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Franklin Elementary School
- Summit Middle School
- Summit High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Underground Utilities
- Standard Electricity
Listing and Financial Details
- Assessor Parcel Number 2918-01405-0000-00015-0011-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2017
Closed on
Aug 23, 2017
Sold by
Tan Khoon Hong and Lee Whee Kuang
Bought by
Kaplan Bram and Kaplan Cassandra
Seller's Agent
Chris Joo
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Suzy Minken
COMPASS NEW JERSEY, LLC
List Price
$1,195,000
Sold Price
$1,155,000
Premium/Discount to List
-$40,000
-3.35%
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
$959,975
Avg. Annual Appreciation
6.78%
Original Mortgage
$924,000
Outstanding Balance
$771,007
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,226,229
Purchase Details
Closed on
Oct 6, 1997
Sold by
Fairchild Construction Co Inc
Bought by
Tan Khoon Hong and Lee Whee Kuang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.52%
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 |
|---|---|---|---|
| Kaplan Bram | $1,155,000 | Heritage Abstract | |
| Tan Khoon Hong | $490,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kaplan Bram | $924,000 | |
| Previous Owner | Tan Khoon Hong | $392,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2017 08/29/17 | Sold | $1,155,000 | -3.3% | $329 / Sq Ft |
| 06/21/2017 06/21/17 | Pending | -- | -- | -- |
| 04/18/2017 04/18/17 | For Sale | $1,195,000 | -- | $340 / 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 | $21,092 | $484,200 | $175,200 | $309,000 |
| 2024 | $20,951 | $484,200 | $175,200 | $309,000 |
| 2023 | $20,951 | $484,200 | $175,200 | $309,000 |
| 2022 | $20,738 | $484,200 | $175,200 | $309,000 |
| 2021 | $20,903 | $484,200 | $175,200 | $309,000 |
| 2020 | $21,111 | $484,200 | $175,200 | $309,000 |
| 2019 | $20,572 | $471,300 | $175,200 | $296,100 |
| 2018 | $20,440 | $471,300 | $175,200 | $296,100 |
| 2017 | $20,572 | $471,300 | $175,200 | $296,100 |
| 2016 | $20,271 | $471,300 | $175,200 | $296,100 |
| 2015 | $19,875 | $471,300 | $175,200 | $296,100 |
| 2014 | $19,361 | $471,300 | $175,200 | $296,100 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Joo
-
Suzy Minken
Buyer's Agent in 2017
Suzy Minken
COMPASS NEW JERSEY, LLC
(908) 239-9261
1 in this area
27 Total Sales
Map
Source: Garden State MLS
MLS Number: 3379956
APN: 18-01405-0000-00015-11
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