$2,250,000
SOLD FEB 21, 2025

72 Colt Rd Summit, NJ 07901

4 Beds
5 Baths
-- Sq Ft
0.5 Acres

Recently Sold

36% Above List Price

6 Days on Market

About This Home

As of February 2025

This home is located at 72 Colt Rd, Summit, NJ 07901 and is currently priced at $2,250,000. This property was built in 1953. 72 Colt Rd 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.

Last Agent to Sell the Property

REXY BIANCO

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 01/10/2025

Last Buyer's Agent

Suzanne Lear

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,798

Year Built

  • Built in 1953

Lot Details

  • 0.5 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,798

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • County Name: Union
  • Street Number Display: 72
  • I D: 5330767
  • Modified: 2025-02-24
  • Number Images: 1
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.20

Lot Info

  • Lot Size: .499
  • Total Acres: 0.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 20, 2025
Sold by
Corinne Vogel Revocable Trust and Vogel Charles
Bought by
Mermel Jennifer Thompson
Seller's Agent
REXY BIANCO
LOIS SCHNEIDER REALTOR
Buyer's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
List Price
$1,650,000
Sold Price
$2,250,000
Premium/Discount to List
$600,000
36.36%
Views
54
Current Estimated Value
$2,148,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,419
Avg. Annual Appreciation
-7.17%
Original Mortgage
$1,500,000
Outstanding Balance
$1,489,389
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$659,192

Purchase Details

Closed on
Oct 16, 1998
Sold by
Vogel Corinne
Bought by
Corinne Vogel Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $2,250,000 Green Hill Title
Deed $2,250,000 Green Hill Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $2,250,000 +36.4% --
01/16/2025 01/16/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $1,650,000 -- --
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
2025 $35,798 $821,800 $349,700 $472,100
2024 $35,559 $821,800 $349,700 $472,100
2023 $35,559 $821,800 $349,700 $472,100
2022 $35,198 $821,800 $349,700 $472,100
2021 $35,477 $821,800 $349,700 $472,100
2020 $35,830 $821,800 $349,700 $472,100
2019 $35,872 $821,800 $349,700 $472,100
2018 $35,641 $821,800 $349,700 $472,100
2017 $35,872 $821,800 $349,700 $472,100
2016 $35,346 $821,800 $349,700 $472,100
2015 $34,405 $821,800 $349,700 $472,100
2014 $33,510 $821,800 $349,700 $472,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    REXY BIANCO

    LOIS SCHNEIDER REALTOR

  • S

    Buyer's Agent in 2025

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    60 in this area

    115 Total Sales

    Suzanne Lear
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3940936

Garden State MLS

APN: 18-05203-0000-00032

New Jersey Union County Summit 07901

72 Colt Rd, Summit, NJ

This home is located at 72 Colt Rd, Summit, NJ 07901 and is currently priced at $2,250,000. This property was built in 1953. 72 Colt Rd 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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