NOT LISTED FOR SALE

8 Colt Rd Summit, NJ 07901

Estimated Value: $1,261,000 - $2,662,000

-- Bed
-- Bath
2,057 Sq Ft
$912/Sq Ft Est. Value

About This Home

This home is located at 8 Colt Rd, Summit, NJ 07901 and is currently estimated at $1,876,312, approximately $912 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
$1,876,312

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
$899,021

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 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 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 $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

New Jersey Union County Summit 07901

8 Colt Rd, Summit, NJ

Not Listed for Sale

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