NOT LISTED FOR SALE

70 Broad St Summit, NJ 07901

Estimated Value: $617,000 - $723,000

3 Beds
1 Bath
1,500 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $525,000 $350 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,421/month

21 Days on Market

Highlights

  • New Kitchen
  • Sun or Florida Room
  • Mud Room
  • L C Johnson Summit Middle School Rated A+
  • Granite Countertops
  • No HOA

About This Home

As of May 2022

NEWLY STAGED! This beautiful ranch on a corner lot in the desirable city of Summit has been fully transformed with a fresh new look. The modern exterior gray paint makes a statement with new landscaping surrounding the home. The interior has been newly remodeled, painted a warm shade of gray with white trim, making it extremely versatile. The home offers 3 bedrooms, expanded bathroom with soaking tub and double-sink vanity, new kitchen consisting of new white shaker cabinets, granite countertop and brand new stainless steel appliances. Enjoy the cohesive open floor plan with new water and scratch-resistant luxury vinyl floors throughout. The home also boasts a window-wrapped front 4-season room to receive your guests or just to relax in. There is a well-maintained unfinished basement for all your storage needs where you'll find the washer and dryer along with a brand new gas boiler. The home also has a driveway for 2 cars and a shed for storage.

Last Agent to Sell the Property

Mari OMahony

Neptune Real Estate Sales & Management Listed on: 02/18/2022

Last Buyer's Agent

Simon Westfall-Kwong

EXP Realty License #0676519

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,103

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced

Home Design

  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Window Screens
  • Mud Room
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Linoleum
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Canoe Brook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-03702-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,103

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, AC Units, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Canoe Brook
  • Architectural Style: Ranch
  • Reso Flooring: Vinyl, Cement, Ceramic Tile
  • Reso Interior Features: Laundry Tub, Recessed Lighting
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.12
  • General Property Info Farm: No
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Ranch: Yes
  • Water Heater Tank: Yes
  • Interior Laundry Tub: Yes
  • Cooling Multi Units: Yes
  • Roof Sloping: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Laundry Level Basement20: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 11
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Floor - LinoleumVinyl6: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Acres: 0.12
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence, Patio, Porch - Enclosed, Shed, Lighting
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Asphalt, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Electric, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 18-03702-0000-00009
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5103.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
May 3, 2022
Sold by
Renovat Solutions Llc
Bought by
Giorgadze Lali
Seller's Agent
Mari OMahony
Neptune Real Estate Sales & Management
Buyer's Agent
Simon Westfall-Kwong
EXP Realty
List Price
$534,900
Sold Price
$525,000
Premium/Discount to List
-$9,900
-1.85%
Current Estimated Value
$683,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,439
Avg. Annual Appreciation
8.04%
Original Mortgage
$498,750
Outstanding Balance
$473,160
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$210,279

Purchase Details

Closed on
Jul 2, 2021
Sold by
Gacina Josephine A
Bought by
Renovation Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,500
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1998
Sold by
Duffy Matthew C and Duffy Frances M
Bought by
Gacina John A and Gacina Josephine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Giorgadze Lali $525,000 New Title Company Name
Renovation Solutions Llc $290,000 Rms Title Services Llc
Renovat Solutions Llc $290,000 Land Title
Gacina John A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giorgadze Lali $498,750
Previous Owner Renovat Solutions Llc $366,500
Previous Owner Gacina John A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $525,000 -1.9% $350 / Sq Ft
04/11/2022 04/11/22 For Sale $534,900 0.0% $357 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/01/2022 03/01/22 Price Changed $534,900 -2.6% $357 / Sq Ft
02/18/2022 02/18/22 For Sale $549,000 -- $366 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,579 $219,900 $65,500 $154,400
2024 $9,515 $219,900 $65,500 $154,400
2023 $9,515 $219,900 $65,500 $154,400
2022 $5,063 $118,200 $65,500 $52,700
2021 $5,103 $118,200 $65,500 $52,700
2020 $5,154 $118,200 $65,500 $52,700
2019 $5,159 $118,200 $65,500 $52,700
2018 $5,126 $118,200 $65,500 $52,700
2017 $5,159 $118,200 $65,500 $52,700
2016 $5,084 $118,200 $65,500 $52,700
2015 $4,984 $118,200 $65,500 $52,700
2014 $4,856 $118,200 $65,500 $52,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22204206

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-03702-0000-00009