NOT LISTED FOR SALE

92 Rotary Dr Summit, NJ 07901

Estimated Value: $2,085,000 - $2,341,000

5 Beds
4.5 Baths
3,232 Sq Ft
$679/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,400,000 $433 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $14,147/month

187 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Wooded Lot
  • Mud Room

About This Home

As of October 2020

Completely remodeled home inside and out. Everything is new. Beautifully updated kitchen with large island opens to your spacious family room. Five bedrooms and 3 full baths upstairs. Master suite with luxurious bath and oversized walk-in closet. New roof, Andersen windows, 2nd floor laundry, all new kitchen and bathrooms, new 2 zone HVAC, gleaming refinished hardwood floors throughout both levels. Walkout in-law suite in basement with 4th full bath, summer kitchen, den with fireplace, and private entrance. Relax on your back patio and enjoy your private view of dedicated woodlands from this premier spot in an amazing Summit neighborhood!

Last Agent to Sell the Property

Gregory Asch

RE/MAX ACHIEVERS Listed on: 03/06/2020

RE/MAX ACHIEVERS

Last Buyer's Agent

DEBORAH LYONS

STATION CITIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,227

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.37 Acre Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • 3,232 Sq Ft Home
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2918-05306-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,227

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1964
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2020
  • Street Number Display: 92
  • Directions: Ashland to Rotary Drive
  • I D: 4969251
  • Modified: 2021-10-16
  • Number Images: 25
  • Section Subdiv Development: Rolling Hills/Highlands
  • First Name: GREGORY
  • First Name3: DEBORAH
  • Last Name: ASCH
  • Last Name3: LYONS
  • Office Phone: 908-522-9444
  • Office Phone3: 201-356-3492
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Insert, Living Room, Rec Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Jennaire Type, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, OvnWElec, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Skylight, Smoke Detector, SoakTub
  • 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: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Family Room, Kitchen, Storage Room, Utility Room, Walkout, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, FamilyRm, Full Bath, Kitchen, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 20x15
  • Kitchen Level: First
  • Living Room Dim: 16x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 20x20
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 23x15
  • Other Room2 Level: Basement
  • Other Room 3: MudRoom
  • Other Room3 Dim: 12x6
  • Other Room3 Level: Basement
  • Other Room 4: Foyer
  • Other Room4 Dim: 15x8
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3232
  • Phone: 908-522-9444

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Sidewalk, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Attic Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: 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: 0.367
  • Assessed Improvement Value: 328000
  • Assessed Land Value: 364500
  • Assessment: 692500
  • Lot Description: Backs to Park Land, Level Lot, Wooded Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30227
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05306-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Oct 13, 2020
Sold by
Asch Nolan E and Asch Mary Ellen
Bought by
Lyons Conor and Lyons Allison
Seller's Agent
Gregory Asch
RE/MAX ACHIEVERS
Buyer's Agent
DEBORAH LYONS
STATION CITIES
List Price
$1,625,000
Sold Price
$1,400,000
Premium/Discount to List
-$225,000
-13.85%
Current Estimated Value
$2,194,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,147
Avg. Annual Appreciation
9.50%
Original Mortgage
$1,120,000
Outstanding Balance
$996,641
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,197,506

Purchase Details

Closed on
Jun 15, 2009
Sold by
Smith Martin B and Smith Kathy S
Bought by
Asch Nolan E and Asch Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lyons Conor $1,400,000 Counsellors Title Agneyc Inc
Asch Nolan E $1,175,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Conor $1,120,000
Previous Owner Asch Nolan E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,400,000 -5.1% $433 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $1,475,000 -3.3% $456 / Sq Ft
06/30/2020 06/30/20 Price Changed $1,525,000 -3.2% $472 / Sq Ft
05/29/2020 05/29/20 Price Changed $1,575,000 -3.1% $487 / Sq Ft
03/06/2020 03/06/20 For Sale $1,625,000 -- $503 / 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 $30,165 $692,500 $364,500 $328,000
2024 $29,964 $692,500 $364,500 $328,000
2023 $29,964 $692,500 $364,500 $328,000
2022 $29,660 $692,500 $364,500 $328,000
2021 $29,895 $692,500 $364,500 $328,000
2020 $30,193 $692,500 $364,500 $328,000
2019 $30,228 $692,500 $364,500 $328,000
2018 $30,034 $692,500 $364,500 $328,000
2017 $30,228 $692,500 $364,500 $328,000
2016 $29,784 $692,500 $364,500 $328,000
2015 $29,203 $692,500 $364,500 $328,000
2014 $28,448 $692,500 $364,500 $328,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3621917

Garden State MLS

APN: 18-05306-0000-00006