NOT LISTED FOR SALE

76 Colt Rd Summit, NJ 07901

Estimated Value: $2,509,000 - $2,674,000

5 Beds
4.5 Baths
2,750 Sq Ft
$939/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $2,160,000 $785 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,592/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Mud Room
  • L C Johnson Summit Middle School Rated A+
  • Marble Flooring
  • Wine Refrigerator

About This Home

As of July 2021

Updated center hall colonial has classic elements of a Summit home w/ modern updates & amenities. The home sits on over 1/3 acre in the coveted Woodland Park/Franklin Elementary neighborhood.Renovated in 2016 & meticulously maintained. Chefs kitchen incl: custom cabinets, walnut island, quartz counters, high-end appliances, wet bar, wine fridge & 2 DWs. Kitchen flows into the breakfast area & FR. Kitchen and DR open to blue stone patio w/ fire pit. Flat, private yard w/ mature landscaping. 1st fl also has den/office, mudroom, PR & LDRY. 2nd fl has 4BRs & 3FB, 2FB are ensuites. Master BA boasts marble-topped vanities, soaking tub, frameless shower & radiant heated marble tile floors. Versatile lower level offers flexibility w/ 2 bonus BRs w/ egress windows, FB & LDRY: guest/au pair, home office, gym, etc!

Last Agent to Sell the Property

Zander Oldendorp

COMPASS NEW JERSEY, LLC Listed on: 05/14/2021

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,441

Year Built

  • Built in 1955

Lot Details

  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Game Room
  • Utility Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Ductless Heating Or Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2918-05203-0000-00031-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,441

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1955
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2016
  • Street Number Display: 76
  • Directions: Ashland to Colt
  • I D: 5069585
  • Modified: 2022-07-15
  • Number Images: 24
  • Section Subdiv Development: Woodland Park
  • First Name: ZANDER
  • First Name3: ARLENE GORMAN
  • Last Name: OLDENDORP
  • Last Name3: GONNELLA
  • Office Phone: 973-229-6475
  • Office Phone3: 973-376-4545
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Carpeting, Marble, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Disposal, Dryer, Generator-Built-In, Range/Oven-Gas, Refrigerator, Sump Pump, OvnWElec, WineRefr
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Alarm Sys, SoakTub, StallTub, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: 2 Bedrooms, Bath(s) Other, GameRoom, Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 30x13
  • Kitchen Level: First
  • Living Room Dim: 15x25
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x24
  • Other Room1 Level: Basement
  • Other Room 2: Bedroom
  • Other Room2 Dim: 14x8
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Dim: 12x16
  • Other Room3 Level: Basement
  • Other Room 4: Game Room
  • Other Room4 Dim: 20x9
  • Other Room4 Level: Basement
  • Level 1 Rooms: Den, Dining Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other
  • Phone: 973-310-6816

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Curbs, Metal Fence, Patio, Underground Lawn Sprinkler
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air, Ductless Split AC, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Forced Hot Air, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

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: .361
  • Assessed Improvement Value: 389900
  • Assessed Land Value: 308300
  • Assessment: 698200
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30441
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05203-0000-00031-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 7, 2021
Sold by
Prins Bart Olaf and Defazio Cristina Anne
Bought by
Yuen Calvin Man Lap and Xie Shuangze
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$1,995,000
Sold Price
$2,160,000
Premium/Discount to List
$165,000
8.27%
Current Estimated Value
$2,582,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,939
Avg. Annual Appreciation
2.48%
Original Mortgage
$820,000
Outstanding Balance
$755,516
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$1,633,677

Purchase Details

Listed on
May 18, 2016
Closed on
Sep 20, 2016
Sold by
Mary R Weldon
Bought by
Prins Bart and Defazio Cristina
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$900,000
Interest Rate
3.5%

Purchase Details

Closed on
Jul 15, 2011
Sold by
Weldon Norbert Woodruff and Weldon Mary R
Bought by
Weldon Mary R

Purchase Details

Closed on
Dec 19, 2003
Sold by
Perry Christopher
Bought by
Weldon Norbert and Weldon Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.88%

Purchase Details

Closed on
Jan 29, 2003
Sold by
Fernandez Jeffrey
Bought by
Perry Christopher and Perry Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.88%

Purchase Details

Closed on
Jul 13, 1998
Sold by
Hogan Bernadine D
Bought by
Fernandez Jeffrey and Fernandez Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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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
Yuen Calvin Man Lap $2,160,000 Key Settlements Inc
Prins Bart -- --
Weldon Mary R -- First American Title Ins Co
Weldon Norbert $1,480,000 --
Perry Christopher $1,400,000 --
Fernandez Jeffrey $837,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuen Calvin Man Lap $820,000
Previous Owner Prins Bart $900,000
Previous Owner Prins Bart --
Previous Owner Prins Bart Olaf $9,000,000
Previous Owner Weldon Norbert Woodruff $615,500
Previous Owner Weldon Norbert Woodruff $705,000
Previous Owner Weldon Norbert Woodruff $200,000
Previous Owner Weldon Norbert Woodruff $729,000
Previous Owner Weldon Norbert Woodruff $150,000
Previous Owner Weldon Norbert $950,000
Previous Owner Perry Christopher $1,000,000
Previous Owner Fernandez Jeffrey $295,000
Previous Owner Fernandez Jeffrey $150,000
Previous Owner Fernandez Jeffrey $72,400
Previous Owner Fernandez Jeffrey $35,331
Previous Owner Fernandez Jeffrey $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $2,160,000 +8.3% $785 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,995,000 +20.9% $725 / Sq Ft
09/15/2016 09/15/16 Sold $1,650,000 -2.9% $600 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $1,699,000 -- $618 / Sq Ft
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 $30,211 $698,200 $308,300 $389,900
2023 $30,211 $698,200 $308,300 $389,900
2022 $29,904 $698,200 $308,300 $389,900
2021 $30,141 $698,200 $308,300 $389,900
2020 $30,442 $698,200 $308,300 $389,900
2019 $30,476 $698,200 $308,300 $389,900
2018 $30,281 $698,200 $308,300 $389,900
2017 $31,306 $717,200 $308,300 $408,900
2016 $23,092 $536,900 $308,300 $228,600
2015 $29,418 $697,600 $308,300 $389,300
2014 $28,657 $697,600 $308,300 $389,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3712298

Garden State MLS

APN: 18-05203-0000-00031