NOT LISTED FOR SALE

71 Rotary Dr Summit, NJ 07901

Estimated Value: $2,332,000 - $2,687,000

4 Beds
3.5 Baths
-- Sq Ft
0.38 Acres

Last Sold February 26, 2016

Last sale price $1,296,000

Est. 84% increase in value since last sale

Current estimated payment $15,683/month

113 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Family Room with Fireplace
  • Home Office

About This Home

As of February 2016

Graceful, stunning and spacious 4/5 BR Colonial home surrounded by large trees on level lot in heartland of Summit. This home features a walk-in foyer, large LR w/fireplace, gracious large DR, large FR w/fireplace and extra large kitchen with sliders leading to rear deck. Laundry room adjoins kitchen. Office/Den/5th BR w full bath have private entrance leading to rear of house. The large full basement is waiting to be finished with its high ceiling and double banisters on stairs . There are four generous sized BR's on the second floor, and the master BR has a full bath. There is an attic which could be finished or used for storage. This home has lots of potential for the new buyer.

Last Agent to Sell the Property

DIANE KINNEY

REALTY EXECUTIVES EXCEPTIONAL Listed on: 10/05/2015

Last Buyer's Agent

MARGARET M. MORREALE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,801

Year Built

  • Built in 1984

Lot Details

  • 0.38 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Shades
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • French Drain

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

  • Franklin 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

Listing and Financial Details

  • Assessor Parcel Number 2918-05305-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,801

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1984
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 71
  • Directions: Ashland to Rotary Drive
  • I D: 4573342
  • Modified: 2021-09-23
  • Number Images: 15
  • First Name: DIANE
  • First Name3: MARGARET M.
  • Last Name: KINNEY
  • Last Name3: MORREALE
  • Office Phone: 2018918085
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, OvnWGas, CookGas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: Fire Extinguisher, Skylight, Security System, Shades
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Unfinished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 14x21
  • Kitchen Level: First
  • Living Room Dim: 14x20
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 5x8
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Level 1 Rooms: Foyer, Office, Living Room, Family Room, Kitchen, Bath(s) Other, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: Foyer, Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Phone: 201-706-8080

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck, Underground Lawn Sprinkler, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • 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

  • Home Warranty: Yes

Schools

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

Lot Info

  • Lot Size: 0.382
  • Assessed Improvement Value: 464900
  • Assessed Land Value: 284900
  • Assessment: 749800
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.38

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30801
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05305-0000-00002-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Mar 3, 2016
Sold by
Hsu Chao C
Bought by
Spitzer Drew and Spitzer Nicole
Seller's Agent
DIANE KINNEY
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
MARGARET M. MORREALE
WEICHERT REALTORS
List Price
$1,299,000
Sold Price
$1,296,000
Premium/Discount to List
-$3,000
-0.23%
Current Estimated Value
$2,378,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,082,805
Original Mortgage
$1,036,800
Interest Rate
3.64%

Purchase Details

Closed on
May 10, 1996
Sold by
Semchyshyn Stefan and Semchyshyn Helena
Bought by
Hsu Jiunn Carl and Hsu Teh Chao C
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
Spitzer Drew -- --
Hsu Jiunn Carl $762,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spitzer Drew K $910,000
Closed Spitzer Nicole C $329,000
Closed Spitzer Drew K $100,000
Closed Spitzer Drew $1,036,800
Closed Spitzer Drew --
Closed Spitzer Drew K $1,036,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $1,296,000 -0.2% --
01/26/2016 01/26/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $1,299,000 -- --
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
2024 $30,536 $705,700 $284,900 $420,800
2023 $30,536 $705,700 $284,900 $420,800
2022 $30,225 $705,700 $284,900 $420,800
2021 $30,465 $705,700 $284,900 $420,800
2020 $30,769 $705,700 $284,900 $420,800
2019 $34,226 $784,100 $284,900 $499,200
2018 $24,305 $560,400 $284,900 $275,500
2017 $24,461 $560,400 $284,900 $275,500
2016 $32,249 $749,800 $284,900 $464,900
2015 $31,619 $749,800 $284,900 $464,900
2014 $30,802 $749,800 $284,900 $464,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    DIANE KINNEY

    REALTY EXECUTIVES EXCEPTIONAL

  • M

    Buyer's Agent in 2016

    MARGARET M. MORREALE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3258098

Garden State MLS

APN: 18-05305-0000-00002

New Jersey Union County Summit 07901

71 Rotary Dr, Summit, NJ

This home is located at 71 Rotary Dr, Summit, NJ 07901 since 05 October 2015 and is currently estimated at $2,442,339. This property was built in 1984. 71 Rotary Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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