NOT LISTED FOR SALE

85 Rotary Dr Summit, NJ 07901

Estimated Value: $1,686,000 - $2,128,000

4 Beds
4 Baths
-- Sq Ft
0.38 Acres

Last Sold August 26, 2024

Last sale price $1,719,111

Est. 8% increase in value since last sale

Current estimated payment $11,551/month

9 Days on Market

About This Home

As of August 2024

This home is located at 85 Rotary Dr, Summit, NJ 07901 since 19 June 2024 and is currently estimated at $1,928,008. This property was built in 1969. 85 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

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 06/19/2024

Last Buyer's Agent

MARJORIE CALLAHAN

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.38 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Year Built: 1969
  • County Name: Union
  • I D: 5291466
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .380
  • Total Acres: 0.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 7, 2024
Sold by
Li Ming Y
Bought by
Feeney Brian Joseph and Feeney Taylor Marie
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
MARJORIE CALLAHAN
LOIS SCHNEIDER REALTOR
List Price
$1,399,000
Sold Price
$1,719,111
Premium/Discount to List
$320,111
22.88%
Views
14
Current Estimated Value
$1,861,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,991
Avg. Annual Appreciation
8.47%
Original Mortgage
$1,000,000
Outstanding Balance
$988,466
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$939,542

Purchase Details

Closed on
Jan 15, 1985
Bought by
Li Ming Y and Mary Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Feeney Brian Joseph $1,719,111 Tradition Title
Feeney Brian Joseph $1,719,111 Tradition Title
Li Ming Y $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feeney Brian Joseph $1,000,000
Closed Feeney Brian Joseph $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2024 08/26/24 Sold $1,719,111 +22.9% --
06/28/2024 06/28/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $1,399,000 -- --
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 $22,995 $527,900 $369,500 $158,400
2024 $22,842 $527,900 $369,500 $158,400
2023 $22,842 $527,900 $369,500 $158,400
2022 $22,610 $527,900 $369,500 $158,400
2021 $22,789 $527,900 $369,500 $158,400
2020 $25,314 $580,600 $369,500 $211,100
2019 $25,343 $580,600 $369,500 $211,100
2018 $25,181 $580,600 $369,500 $211,100
2017 $25,343 $580,600 $369,500 $211,100
2016 $24,972 $580,600 $369,500 $211,100
2015 $24,484 $580,600 $369,500 $211,100
2014 $23,851 $580,600 $369,500 $211,100
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    95 in this area

    152 Total Sales

    Kim Cannon
    Section Image

  • M

    Buyer's Agent in 2024

    MARJORIE CALLAHAN

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3908626

Garden State MLS

APN: 18-05305-0000-00004

New Jersey Union County Summit 07901

85 Rotary Dr, Summit, NJ

Not Listed for Sale

Detached

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