S
Seller's Agent in 2022
Suzanne Lear
PROMINENT PROPERTIES SIR
(908) 376-2720
60 in this area
115 Total Sales
8 Oakland Place Summit, NJ 07901
Estimated Value: $1,575,000 - $2,224,000
5
Beds
2.5
Baths
--
Sq Ft
0.34
Acres
Highlights
- Colonial Architecture
- Recreation Room
- Home Office
- L C Johnson Summit Middle School Rated A+
- Wood Flooring
- 5-minute walk to Mabie Memorial Playground
About This Home
As of July 2022Enjoy the suburban living in this walk-to-everything treasure. At the heart of the home is a fabulous addition that comprises an open concept kitchen and family room that span the rear of the home with views of the level backyard. A center hall floor plan features a gracious living room with traditional mantel, fireplace and built-in bookcases on one side and a formal dining room on the other. A bright first floor office, a mud room with built-in cubbies and a guest powder room complete the first floor. Two bedrooms and the master bedroom reside on the second floor and two additional bedrooms and a hall bath on the third floor add versatility and charm. There is extra leisure space on the lower level with a recreation room, exercise area, laundry and large storage.
Last Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,209
Year Built
- Built in 1929
Lot Details
- 0.34
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Tile
Interior Spaces
- Wood Burning Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Home Gym
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Brayton Elementary School
- Summit Middle School
- Summit High School
Utilities
- One Cooling System Mounted To A Wall/Window
- Window Unit Cooling System
- Multiple Heating Units
- Forced Air Heating System
- Radiator
- Standard Electricity
- Gas Water Heater
Additional Features
- Patio
- Level Lot
Listing and Financial Details
- Assessor Parcel Number 2918-03205-0000-00007-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2022
Closed on
Jul 11, 2022
Sold by
Christopher Pappas Nicholas and Christopher Mary
Bought by
Pillay Ravi and Pillay Emily
Seller's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
List Price
$1,495,000
Sold Price
$1,615,000
Premium/Discount to List
$120,000
8.03%
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
$352,817
Avg. Annual Appreciation
6.31%
Original Mortgage
$1,292,000
Outstanding Balance
$1,236,216
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$731,601
Purchase Details
Closed on
Sep 24, 2014
Sold by
Mckenna John P and Gery Mckenna M
Bought by
Pappas Nicholas Christopher and Perhach Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$894,375
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 1994
Sold by
Gagnon Brian J and Gagnon Christina B
Bought by
Mckenna John P and Gery Mckenna M
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 |
|---|---|---|---|
| Pillay Ravi | $1,615,000 | Fidelity National Title | |
| Pappas Nicholas Christopher | $1,192,500 | Multiple | |
| Mckenna John P | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pillay Ravi | $1,292,000 | |
| Previous Owner | Pappas Nicholas Christopher | $894,375 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2022 07/12/22 | Sold | $1,615,000 | +8.0% | -- |
| 04/01/2022 04/01/22 | Pending | -- | -- | -- |
| 03/05/2022 03/05/22 | For Sale | $1,495,000 | -- | -- |
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 | $25,300 | $644,900 | $205,900 | $439,000 |
| 2024 | $25,131 | $580,800 | $205,900 | $374,900 |
| 2023 | $25,131 | $580,800 | $205,900 | $374,900 |
| 2022 | $24,210 | $560,800 | $205,900 | $354,900 |
| 2021 | $24,210 | $560,800 | $205,900 | $354,900 |
| 2020 | $24,451 | $560,800 | $205,900 | $354,900 |
| 2019 | $24,479 | $560,800 | $205,900 | $354,900 |
| 2018 | $24,322 | $560,800 | $205,900 | $354,900 |
| 2017 | $24,479 | $560,800 | $205,900 | $354,900 |
| 2016 | $24,120 | $560,800 | $205,900 | $354,900 |
| 2015 | $23,649 | $560,800 | $205,900 | $354,900 |
| 2014 | $23,038 | $560,800 | $205,900 | $354,900 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne Lear
-
C
Buyer's Agent in 2022
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Map
Source: Garden State MLS
MLS Number: 3766407
APN: 18-03205-0000-00007
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