NOT LISTED FOR SALE

8 Rotary Dr Summit, NJ 07901

Estimated Value: $1,554,000 - $1,938,441

5 Beds
5 Baths
-- Sq Ft
0.27 Acres

Last Sold May 06, 2016

Last sale price $900,000

Est. 99% increase in value since last sale

Current estimated payment $11,173/month

119 Days on Market

About This Home

As of May 2016

This home is located at 8 Rotary Dr, Summit, NJ 07901 since 16 October 2015 and is currently estimated at $1,789,610. This property was built in 1963. 8 Rotary Dr 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.

Last Agent to Sell the Property

LOUISE BIUNNO

COLDWELL BANKER REALTY Brokerage Phone: 908-522-1800 Listed on: 10/16/2015

Last Buyer's Agent

Janine Rose

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Union
  • I D: 4575856
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.265
  • Total Acres: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
May 5, 2016
Sold by
Ryan Nancy H
Bought by
Karapetian Alex L and Azarian Lesli
Seller's Agent
LOUISE BIUNNO
COLDWELL BANKER REALTY
Buyer's Agent
Janine Rose
BHHS FOX & ROACH
List Price
$999,999
Sold Price
$900,000
Premium/Discount to List
-$99,999
-10%
Current Estimated Value
$1,789,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,610
Avg. Annual Appreciation
7.37%
Original Mortgage
$720,000
Outstanding Balance
$571,859
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,217,751

Purchase Details

Closed on
Apr 15, 1998
Sold by
Anderson Eric C and Anderson Elizabeth S
Bought by
Ryan James K and Ryan Nancy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karapetian Alex L $900,000 --
Ryan James K $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karapetian Alex L $720,000
Previous Owner Ryan James K $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $900,000 -10.0% --
02/12/2016 02/12/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $999,999 -- --
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
2025 $21,780 $500,000 $244,100 $255,900
2024 $21,635 $500,000 $244,100 $255,900
2023 $21,635 $500,000 $244,100 $255,900
2022 $21,415 $500,000 $244,100 $255,900
2021 $21,585 $500,000 $244,100 $255,900
2020 $21,800 $500,000 $244,100 $255,900
2019 $21,825 $500,000 $244,100 $255,900
2018 $21,685 $500,000 $244,100 $255,900
2017 $24,008 $550,000 $244,100 $305,900
2016 $23,656 $550,000 $244,100 $305,900
2015 $23,194 $550,000 $244,100 $305,900
2014 $22,594 $550,000 $244,100 $305,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    LOUISE BIUNNO

    COLDWELL BANKER REALTY

  • Janine Rose

    Buyer's Agent in 2016

    Janine Rose

    BHHS FOX & ROACH

    (908) 229-6253

    85 Total Sales

    Janine Rose
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Map

Source: Garden State MLS

MLS Number: 3260453

Garden State MLS

APN: 18-05303-0000-00001

New Jersey Union County Summit 07901

8 Rotary Dr, Summit, NJ

Not Listed for Sale

Detached

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