NOT LISTED FOR SALE

8 Lenox Rd Summit, NJ 07901

Estimated Value: $3,035,970 - $4,146,000

5 Beds
7 Baths
4,072 Sq Ft
$906/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $2,050,000 $503 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $24,165/month

About This Home

As of July 2013

This home is located at 8 Lenox Rd, Summit, NJ 07901 since 12 July 2013 and is currently estimated at $3,689,323, approximately $906 per square foot. This property was built in 2000. 8 Lenox Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Listed By

SUSAN FAZIO

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 07/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,180

Year Built

  • Built in 2000

Lot Details

  • 0.36 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,180

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Year Built: 2000
  • County Name: Union
  • Street Number Display: 8
  • I D: 4293440
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 6.10

Lot Info

  • Lot Size: 0.357
  • Total Acres: 0.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Jul 11, 2013
Sold by
Ferriso Peter W and Ferriso Debra A
Bought by
Karcich Gregory and Karcich Lindsay
Seller's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
JOANNE C. MAHANEY
PROMINENT PROPERTIES SIR
Sold Price
$2,050,000
Total Days on Market
0
Current Estimated Value
$3,689,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639,323
Avg. Annual Appreciation
5.12%
Original Mortgage
$100,000
Outstanding Balance
$66,200
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,641,585

Purchase Details

Closed on
Dec 20, 2000
Sold by
Peer V Dixon and Peer Diane L
Bought by
Ferriso Peter W and Ferriso Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$897,000
Interest Rate
7.62%

Purchase Details

Closed on
Aug 25, 1999
Sold by
Shipley Allison and Granados Ernesto
Bought by
Peer V Dixon and Peer Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
7.8%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Pikor Jadwiga Z and Mues Jadwiga
Bought by
Granados Ernesto and Shipley Allison

Range of Values:

Collateral Analytics

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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
Karcich Gregory $2,050,000 Stewart Title Guaranty Co
Ferriso Peter W $1,495,000 --
Peer V Dixon $585,000 Chicago Title Insurance Co
Granados Ernesto $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karcich Gregory $100,000
Open Karcich Gregory $1,500,000
Previous Owner Ferriso Peter W $750,000
Previous Owner Ferriso Peter W $900,000
Previous Owner Ferriso Peter W $897,000
Previous Owner Peer V Dixon $1,025,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $2,050,000 -- $503 / 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 $42,180 $974,800 $403,000 $571,800
2023 $42,180 $974,800 $403,000 $571,800
2022 $41,751 $974,800 $403,000 $571,800
2021 $42,082 $974,800 $403,000 $571,800
2020 $42,501 $974,800 $403,000 $571,800
2019 $42,550 $974,800 $403,000 $571,800
2018 $42,277 $974,800 $403,000 $571,800
2017 $42,550 $974,800 $403,000 $571,800
2016 $41,926 $974,800 $403,000 $571,800
2015 $41,107 $974,800 $403,000 $571,800
2014 $40,045 $974,800 $403,000 $571,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    SUSAN FAZIO

    KELLER WILLIAMS TOWNE SQUARE REAL

  • J

    Buyer's Agent in 2013

    JOANNE C. MAHANEY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 2997172

Garden State MLS

APN: 18-02501-0000-00028

New Jersey Union County Summit 07901

8 Lenox Rd, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 8 Lenox Rd, Summit, NJ 07901 since 12 July 2013 and is currently estimated at $3,689,323, approximately $906 per square foot. This property was built in 2000. 8 Lenox Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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