NOT LISTED FOR SALE

88 Rotary Dr Summit, NJ 07901

Estimated Value: $1,529,000 - $2,134,000

5 Beds
3.5 Baths
-- Sq Ft
0.74 Acres

Last Sold May 29, 2020

Last sale price $1,175,000

Est. 65% increase in value since last sale

Current estimated payment $12,820/month

64 Days on Market

Highlights

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

About This Home

As of May 2020

Classic Colonial with generous room sizes & exceptional space in Rolling Hills. Fabulous lower level with 2 rec rooms, 5th bedroom & bath. Great outdoor entertaining with patios, porch & balcony. New 2019 roof, new front walkway, freshly painted interior, crisp white kitchen, tons of closet space and private rear yard. Franklin School.

Last Agent to Sell the Property

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Listed on: 01/22/2020

Last Buyer's Agent

KAREN LEMKE

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,019

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.74 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-05306-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,019

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1962
  • Year Built Description: Approximate, Renovated
  • County Name: Union
  • Exclusions: Dining Room Chandelier, window treatments in BR #2; Washer/Dryer
  • Renovated Year: 2005
  • Street Number Display: 88
  • Directions: Ashland to Rotary
  • I D: 4955117
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Rolling Hills
  • First Name: CYNTHIA
  • First Name3: KAREN
  • First Name4: JILL
  • Last Name: BAKER
  • Last Name3: LEMKE
  • Last Name4: FAHERTY
  • Office Phone: 908-376-2702
  • Office Phone3: 908-696-8600
  • Office Phone4: 289595
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Microwave Oven, Refrigerator, Self Cleaning Oven, OvnWElec
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • 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, Full, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, GameRoom, Laundry Room, Rec Room, Storage Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 17x17
  • Kitchen Level: First
  • Living Room Dim: 25x15
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 17x14
  • Other Room1 Level: Basement
  • Other Room 2: Game Room
  • Other Room2 Dim: 27x14
  • Other Room2 Level: Basement
  • Other Room 3: Bedroom
  • Other Room3 Dim: 12x10
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 6x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom, Powder Room, Screened
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck, Enclosed Porch(es), Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.743
  • Assessed Improvement Value: 287900
  • Assessed Land Value: 335100
  • Assessment: 623000
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.74

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 27019
  • Assessor Parcel Number: 2918-05306-0000-00007-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 26, 2020
Sold by
Whitman Stephen C and Whitman Christina B
Bought by
Blumstein Jason Ross and Blumstein Dylan Grace
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
KAREN LEMKE
KL SOTHEBY'S INT'L. REALTY
List Price
$1,260,000
Sold Price
$1,175,000
Premium/Discount to List
-$85,000
-6.75%
Current Estimated Value
$1,940,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,773
Avg. Annual Appreciation
9.03%
Original Mortgage
$940,000
Outstanding Balance
$852,730
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$995,232

Purchase Details

Closed on
Apr 5, 1999
Sold by
Miller Thomas A and Miller Virginia W
Bought by
Whitman Stephen C and Whitman Christina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Blumstein Jason Ross $1,175,000 Vintage Title Services Llc
Whitman Stephen C $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blumstein Jason Ross $940,000
Previous Owner Whitman Stephen C $310,167
Previous Owner Whitman Stephen C $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $1,175,000 -6.7% --
03/26/2020 03/26/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $1,260,000 -- --
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
2024 $26,957 $623,000 $335,100 $287,900
2023 $26,957 $623,000 $335,100 $287,900
2022 $26,683 $623,000 $335,100 $287,900
2021 $26,895 $623,000 $335,100 $287,900
2020 $27,163 $623,000 $335,100 $287,900
2019 $27,194 $623,000 $335,100 $287,900
2018 $31,344 $722,700 $335,100 $387,600
2017 $31,546 $722,700 $335,100 $387,600
2016 $31,083 $722,700 $335,100 $387,600
2015 $30,476 $722,700 $335,100 $387,600
2014 $29,689 $722,700 $335,100 $387,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3611435

Garden State MLS

APN: 18-05306-0000-00007