NOT LISTED FOR SALE

85 Rotary Dr Summit, NJ 07901

Summit Area

Estimated Value: $1,834,000 - $2,198,000

4 Beds
4 Baths
-- Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: August 26, 2024

Last sale price $1,719,111

Est. 17% increase in value since last sale

Current estimated payment $13,035 / mo

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 $2,013,703. 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 16,553 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0.38 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 7, 2024
Sold by
Bought by
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
$2,013,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,592
Avg. Annual Appreciation
8.49%
Original Mortgage
$500,000
Outstanding Balance
$490,005
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,523,698

Purchase Details

Closed on
Jan 15, 1985
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Tricia Himawan Real Estate Agent - Weichert Realtors, Short Hills

    Tricia Himawan

    Weichert Realtors, Short Hills

    (862) 292-9012

    33 Total Sales

    1 in Summit

    $1,815,000 Price

    Tricia Himawan
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  • Victoria Cannizzo Real Estate Agent - REAL

    Victoria Cannizzo

    REAL

    (862) 829-3427

    83 Total Sales

    4 in Summit

    $465K - $1.7M Price Range

    Victoria Cannizzo
     Section Image
  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    46 Total Sales

    1 in Summit

    $520,000 Price

    Sean Quinn
     Section Image
  • Jazmine Clausen-Soir Real Estate Agent - BHGRE ELITE

    Jazmine Clausen-Soir

    BHGRE ELITE

    (848) 283-6635

    59 Total Sales

    2 in Summit

    $722,000 Price Range

    Jazmine Clausen-Soir
     Section Image
  • Joseph Eberle Real Estate Agent - WEICHERT REALTORS

    Joseph Eberle

    WEICHERT REALTORS

    (908) 341-1581

    181 Total Sales

    2 in Summit

    $740K - $1M Price Range

    Joseph Eberle
     Section Image
  • William Liederman Real Estate Agent - COLDWELL BANKER REALTY

    William Liederman

    COLDWELL BANKER REALTY

    (862) 225-6943

    101 Total Sales

    1 in Summit

    $2,383,055 Price

    William Liederman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,719,111 Tradition Title
$345,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Open $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,602 $527,900 $369,500 $158,400
2025 $23,602 $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 Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller's Agent in 2024

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    136 Total Sales

    Kim Cannon
    Section Image

  • M

    Buyer's Agent in 2024

    MARJORIE CALLAHAN

    LOIS SCHNEIDER REALTOR

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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

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