8 Colt Rd Summit, NJ 07901
Estimated Value: $1,359,585 - $2,737,000
Studio
--
Bath
2,057
Sq Ft
$983/Sq Ft
Est. Value
About This Home
This home is located at 8 Colt Rd, Summit, NJ 07901 and is currently estimated at $2,021,646, approximately $982 per square foot. 8 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 13, 2020
Sold by
Raynolds Paul B and Raynolds Tara L
Bought by
Mccormack Christian Garrett and Mccormack Kathleen Carter
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,096,875
Outstanding Balance
$977,291
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,044,355
Purchase Details
Closed on
Sep 9, 1998
Sold by
Taylor James T and Taylor Susan H
Bought by
Taylor James T and Taylor Susan H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccormack Christian Garrett | $1,125,000 | Acres Land Title Agency Inc | |
| Taylor James T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccormack Christian Garrett | $1,096,875 |
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 | $20,234 | $464,500 | $288,000 | $176,500 |
| 2024 | $20,099 | $464,500 | $288,000 | $176,500 |
| 2023 | $20,099 | $464,500 | $288,000 | $176,500 |
| 2022 | $19,895 | $464,500 | $288,000 | $176,500 |
| 2021 | $20,052 | $464,500 | $288,000 | $176,500 |
| 2020 | $25,061 | $574,800 | $288,000 | $286,800 |
| 2019 | $25,090 | $574,800 | $288,000 | $286,800 |
| 2018 | $24,929 | $574,800 | $288,000 | $286,800 |
| 2017 | $25,090 | $574,800 | $288,000 | $286,800 |
| 2016 | $24,722 | $574,800 | $288,000 | $286,800 |
| 2015 | $23,989 | $574,800 | $288,000 | $286,800 |
| 2014 | $23,363 | $574,800 | $288,000 | $286,800 |
Source: Public Records
Map
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