Seller's Agent in 2021
Kim Cannon
PROMINENT PROPERTIES SIR
(609) 947-4493
100 in this area
156 Total Sales
74 Rotary Dr Summit, NJ 07901
Estimated Value: $1,998,000 - $2,112,000
4
Beds
3.5
Baths
3,096
Sq Ft
$664/Sq Ft
Est. Value
Highlights
- Deck
- Recreation Room
- Cathedral Ceiling
- L C Johnson Summit Middle School Rated A+
- Ranch Style House
- Wood Flooring
About This Home
As of January 2021Stylish 4BR, 3.5BA Exp Ranch on nearly 1/2 acres of beautiful property in prime Franklin Elem location. Stunning 1st Floor Mast Suite w/new spa-like BA. Terrific, airy floor plan with room to grow! LR w/gas FP, DR w/French doors to newer deck-great entertaining flow. Custom Kitchen, sunny breakfast area w/Palladian windows & add'l deck access opens to FR w/coffered ceiling & built-ins. Must see 1st Flr Mast Suite w/12ft ceiling & gallery of windows, 2 WICs, newly renovated spa-like bath. 2 add'l BRs & brand new Hall BA on 1st flr. 4th BR en suite on 2nd flr plus HUGE walk-in attic space w/great expan potential. Walk-out LL w/rec room, OFC alcove, exer rm/OFC, ldry & temp controlled wine rm. Prior additions by arch. David Rosen, 3-car oversized gar, newer roof, HWH, deck sprinkler sys-too much to list!
Last Buyer's Agent
TAMARA BIGMAN
KELLER WILLIAMS REALTY
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,972
Year Built
- Built in 1960
Lot Details
- 0.44 Acre Lot
- Corner Lot
- Level Lot
- Sprinkler System
- Property is zoned R-15
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Private Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Wood Shingle Roof
- Tile
Interior Spaces
- Cathedral Ceiling
- Gas Fireplace
- Thermal Windows
- Shades
- Blinds
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Home Gym
- Attic
Kitchen
- Self-Cleaning Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
- Instant Hot Water
Flooring
- Wood
- Wall to Wall Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Garage Access
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- Franklin Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Heating and Cooling System
- Two Cooling Systems Mounted To A Wall/Window
- Window Unit Cooling System
- Multiple Heating Units
- Standard Electricity
- Water Filtration System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-05303-0000-00019-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2020
Closed on
Jan 13, 2021
Sold by
Chambers William and Chambers Sandra
Bought by
Sikarwar Akshat and Varshneya Pooja
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
TAMARA BIGMAN
KELLER WILLIAMS REALTY
List Price
$1,295,000
Sold Price
$1,401,000
Premium/Discount to List
$106,000
8.19%
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
$655,382
Avg. Annual Appreciation
8.51%
Original Mortgage
$1,120,800
Outstanding Balance
$989,892
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,066,490
Purchase Details
Closed on
Jun 17, 2011
Sold by
Maita Michael J and Maita Sharon M
Bought by
Chambers William and Chambers Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2005
Sold by
Celona Lisa W
Bought by
Maita Michael J and Maita Sharon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Sikarwar Akshat | $1,401,000 | Surety Ttl Agcy Coastal Regi | |
| Chambers William | $1,367,000 | Commonwealth Land Title Ins | |
| Maita Michael J | $1,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sikarwar Akshat | $1,120,800 | |
| Previous Owner | Chambers William | $500,000 | |
| Previous Owner | Maita Michael J | $525,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $1,401,000 | +8.2% | $453 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/19/2020 10/19/20 | For Sale | $1,295,000 | -- | $418 / 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 | $25,870 | $593,900 | $303,200 | $290,700 |
| 2024 | $25,698 | $593,900 | $303,200 | $290,700 |
| 2023 | $25,698 | $593,900 | $303,200 | $290,700 |
| 2022 | $25,437 | $593,900 | $303,200 | $290,700 |
| 2021 | $24,698 | $572,100 | $303,200 | $268,900 |
| 2020 | $24,944 | $572,100 | $303,200 | $268,900 |
| 2019 | $24,972 | $572,100 | $303,200 | $268,900 |
| 2018 | $24,812 | $572,100 | $303,200 | $268,900 |
| 2017 | $24,972 | $572,100 | $303,200 | $268,900 |
| 2016 | $24,606 | $572,100 | $303,200 | $268,900 |
| 2015 | $24,125 | $572,100 | $303,200 | $268,900 |
| 2014 | $23,502 | $572,100 | $303,200 | $268,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Cannon
-
T
Buyer's Agent in 2021
TAMARA BIGMAN
KELLER WILLIAMS REALTY
-
M
Buyer Co-Listing Agent in 2021
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Map
Source: Garden State MLS
MLS Number: 3672809
APN: 18-05303-0000-00019
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