W
Seller's Agent in 2023
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
7 Silver Lake Dr Summit, NJ 07901
Estimated Value: $2,026,000 - $2,465,000
4
Beds
5
Baths
--
Sq Ft
0.5
Acres
Highlights
- Colonial Architecture
- Family Room with Fireplace
- Attic
- L C Johnson Summit Middle School Rated A+
- Wood Flooring
- Steam Shower
About This Home
As of February 2023Classic Brick and Wood Shingle Colonial sits on 1/2acre of manicured grounds. Great location, walk to schools and downtown. Four Bedrooms, 3 full and 2 half baths, Gourmet Kitchen with center island, high end appliances, desk area and wet bar with wine refrigerator. Sitting rooms on 1st & 2nd floors. Fabulous screened porch for indoor/outdoor entertaining leads to level yard and patio. Lower level includes Recreation Room, Exercise room ,powder rm and Laundry . Charms galore
Last Agent to Sell the Property
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR Brokerage Phone: 908-256-3044 Listed on: 01/04/2023
Co-Listed By
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR Brokerage Phone: 908-256-3044
Last Buyer's Agent
ELLEN FEELEY
LOIS SCHNEIDER REALTOR
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,840
Year Built
- Built in 1944
Lot Details
- 0.5 Acre Lot
- Level Lot
- Open Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Additional Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Composition Shingle Roof
- Wood Siding
- Tile
Interior Spaces
- Wet Bar
- Thermal Windows
- Drapes & Rods
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room with Fireplace
- Home Gym
- Fire and Smoke Detector
- Attic
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- French Drain
Outdoor Features
- Enclosed Patio or Porch
Schools
- Brayton Elementary School
- Summit Middle School
- Summit High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-05303-0000-00007-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2023
Closed on
Feb 21, 2023
Sold by
Berkery Joseph W and Berkery Ann C
Bought by
Robb William M and Robb Amy C
Seller's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
Buyer's Agent
ELLEN FEELEY
LOIS SCHNEIDER REALTOR
List Price
$1,895,000
Sold Price
$2,050,000
Premium/Discount to List
$155,000
8.18%
Views
81
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
$238,385
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,640,000
Outstanding Balance
$1,586,849
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$701,536
Purchase Details
Closed on
Sep 1, 1994
Sold by
Young John W and Young Kathleen H
Bought by
Berkery Joseph W and Berkery Ann C
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 |
|---|---|---|---|
| Robb William M | $2,050,000 | Chicago Title | |
| Robb William M | $2,050,000 | Chicago Title | |
| Berkery Joseph W | $760,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robb William M | $1,640,000 | |
| Closed | Robb William M | $1,640,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $2,050,000 | +8.2% | -- |
| 01/13/2023 01/13/23 | Pending | -- | -- | -- |
| 01/04/2023 01/04/23 | For Sale | $1,895,000 | -- | -- |
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 | $29,795 | $684,000 | $430,600 | $253,400 |
| 2024 | $28,126 | $684,000 | $430,600 | $253,400 |
| 2023 | $28,126 | $650,000 | $430,600 | $219,400 |
| 2022 | $27,840 | $650,000 | $430,600 | $219,400 |
| 2021 | $28,061 | $650,000 | $430,600 | $219,400 |
| 2020 | $28,340 | $650,000 | $430,600 | $219,400 |
| 2019 | $28,373 | $650,000 | $430,600 | $219,400 |
| 2018 | $28,191 | $650,000 | $430,600 | $219,400 |
| 2017 | $28,373 | $650,000 | $430,600 | $219,400 |
| 2016 | $27,957 | $650,000 | $430,600 | $219,400 |
| 2015 | $27,411 | $650,000 | $430,600 | $219,400 |
| 2014 | $26,702 | $650,000 | $430,600 | $219,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2023
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
-
E
Buyer's Agent in 2023
ELLEN FEELEY
LOIS SCHNEIDER REALTOR
Map
Source: Garden State MLS
MLS Number: 3823030
APN: 18-05303-0000-00007
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