NOT LISTED FOR SALE

8 Tanglewood Dr Summit, NJ 07901

Estimated Value: $1,399,000 - $1,938,000

5 Beds
3.5 Baths
3,077 Sq Ft
$571/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $1,318,487 $428 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,954/month

67 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Home Gym

About This Home

As of August 2022

Move right in to this 5 bedroom, 3.1 bath custom colonial! This home has been completely renovated from top to bottom including all new bathrooms, chef?s kitchen with Wolf Range, breakfast nook, new front door, and new flooring throughout. The main floor offers abundant natural light and wonderful flow for entertaining. Off the family room is an expansive deck that overlooks the large, private, and fully fenced backyard. The second floor has 3 bedrooms (1 with en suite bath) and a full bath. The third floor BOAsts a large master suite with walk-in closet, en suite bath, and 5th bedroom. There?s also a walk up attic that?s convenient for storage. The lower level offers attached two car garage, laundry room, exercise room, half bath and finished basement. Plenty of space for WFH! Located in the desirable Rolling Hills section of Summit, in the Franklin School District, with 3,000 sq ft.

Last Agent to Sell the Property

Zander Oldendorp

COMPASS NEW JERSEY, LLC Listed on: 05/12/2022

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Ahmondyllah Cole

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,276

Year Built

  • Built in 1959

Lot Details

  • Wood Fence
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Additional Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Skylights
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Home Gym
  • Finished Basement
  • Garage Access
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2918-05301-0000-00002-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,276

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1959
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: Ashland Rd to Tanglewood Dr
  • I D: 5148345
  • First Name: ZANDER
  • First Name3: AHMONDYLLAH
  • Last Name: OLDENDORP
  • Last Name3: COLE
  • Office Phone: 973-229-6475
  • Office Phone3: 917-273-8838
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Skylight, Smoke Detector, StallShw, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Exercise Room, GarEnter, Laundry Room, Powder Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 15x13
  • Kitchen Level: First
  • Living Room Dim: 13x20
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x10
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 23x24
  • Other Room2 Level: Basement
  • Other Room 3: Exercise Room
  • Other Room3 Dim: 20x14
  • Other Room3 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 973-310-6816

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Curbs, Deck, Storage Shed, Thermal Windows/Doors, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: .359
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21276
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05301-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 24, 2022
Sold by
Engel Bryan V
Bought by
Sen Herak and Raychaudhury Paromita
Seller's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
Ahmondyllah Cole
COLDWELL BANKER REALTY
List Price
$1,425,000
Sold Price
$1,318,487
Premium/Discount to List
-$106,513
-7.47%
Current Estimated Value
$1,756,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,514
Avg. Annual Appreciation
8.90%
Original Mortgage
$1,054,790
Outstanding Balance
$997,447
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$758,554

Purchase Details

Closed on
Apr 4, 2006
Sold by
Pinkham Cynthia S
Bought by
Engel Bryan and Engel Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 1998
Sold by
Furlong Louis E and Furlong Carol C
Bought by
Pinkham Cynthia S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sen Herak $1,318,487 --
Herak Sen $1,318,487 First American Title
Engel Bryan $1,100,000 --
Pinkham Cynthia S $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herak Sen $1,054,790
Closed Herak Sen $1,054,790
Previous Owner Engel Bryan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $1,318,487 -5.8% $428 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $1,399,000 -1.8% $455 / Sq Ft
05/12/2022 05/12/22 For Sale $1,425,000 -- $463 / 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
2025 $21,257 $488,000 $278,000 $210,000
2024 $21,116 $488,000 $278,000 $210,000
2023 $21,116 $488,000 $278,000 $210,000
2022 $20,901 $488,000 $278,000 $210,000
2021 $21,067 $488,000 $278,000 $210,000
2020 $21,277 $488,000 $278,000 $210,000
2019 $21,301 $488,000 $278,000 $210,000
2018 $19,451 $448,500 $278,000 $170,500
2017 $19,577 $448,500 $278,000 $170,500
2016 $19,290 $448,500 $278,000 $170,500
2015 $18,913 $448,500 $278,000 $170,500
2014 $18,424 $448,500 $278,000 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3781581

Garden State MLS

APN: 18-05301-0000-00002