NOT LISTED FOR SALE

99 Colt Rd Summit, NJ 07901

Estimated Value: $2,969,000 - $3,056,995

6 Beds
5.5 Baths
4,246 Sq Ft
$710/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $2,650,000 $624 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $19,833/month

102 Days on Market

Highlights

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

About This Home

As of August 2020

Majestic Colonial in Prime Location. Renovated/rebuilt & expanded in 2010 with significant upgrades since. NYC chic finishes make it a grand showcase with ideal flow & function. An enviable home! 6 bedrooms, 5.1 baths, front and rear staircases, coffered ceiling family room, designer EIK, fabulous master suite with balcony for incredible private sunset views. Expansive lower level with outside entrance, guest suite, rec room, game room, wine room. Phenomenal outdoor entertaining spaces with bluestone patio & pergola. New since 2010: exterior lighting, custom mill work & coffered ceiling, lutron lighting, sound system, sec system, 75 gal HWH, fenced rear yard & prof landscaping, portico new pillars. Exquisite Property & Meticulously maintained. It's everything!

Last Listed By

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Listed on: 02/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,727

Year Built

  • Built in 1956

Lot Details

  • 0.57 Acre Lot
  • Privacy Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Game Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Pergola
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-05201-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,727

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1956
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: DR chandelier, drapes in FR and MBR, TVs, dresser in master closet
  • Renovated Year: 2010
  • Street Number Display: 99
  • Directions: Blackburn Road to Colt Road
  • I D: 4961808
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Woodland Park
  • First Name: CYNTHIA
  • First Name3: STEPHANIE
  • Last Name: BAKER
  • Last Name3: KRAMER
  • Office Phone: 908-376-2702
  • Office Phone3: 908-217-5522
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, OvnWGas, Washer, Water Filter
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Security System, Smoke Detector, Stereo System, Walk-In Closet
  • Number Rooms: 17
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Fireplace, 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: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, GameRoom, Laundry Room, Media Room, Outside Entrance, Rec Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 31x13
  • Kitchen Level: First
  • Living Room Dim: 24x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 21x12
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 30x30
  • Other Room2 Level: Basement
  • Other Room 3: Game Room
  • Other Room3 Dim: 14x10
  • Other Room3 Level: Basement
  • Other Room 4: Bedroom
  • Other Room4 Dim: 14x10
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, Family Room, Foyer, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Curbs, Patio, Pergola, Privacy Fence, Storage Shed, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 8
  • Parking Driveway Description: 2 Car Width, Blacktop, Circular

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, 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: 0.572
  • Assessed Improvement Value: 469800
  • Assessed Land Value: 371600
  • Assessment: 841400
  • Easement: Unknown
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.57

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 36727
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-05201-0000-00007-0000-
  • 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
Feb 10, 2020
Closed on
Jul 15, 2020
Sold by
Foley Michael and Foley Monica A
Bought by
Coppola Michael W and Coppola Lindsay H
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
STEPHANIE KRAMER
LOIS SCHNEIDER REALTOR
List Price
$2,775,000
Sold Price
$2,650,000
Premium/Discount to List
-$125,000
-4.5%
Total Days on Market
102
Current Estimated Value
$3,015,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,665
Avg. Annual Appreciation
1.68%
Original Mortgage
$2,120,000
Outstanding Balance
$1,895,847
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$970,032

Purchase Details

Closed on
Jun 14, 2010
Sold by
Shepard Steven T and Shepard Noel S
Bought by
Foley Michael and Foley Monica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,099,600
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2008
Sold by
Tighe Michael J and Tighe Susan K
Bought by
Shepard Steven T and Shepard Noel S

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
Coppola Michael W $2,650,000 Simplicity Title Llc
Foley Michael $3,000,000 Stewart Title Guaranty Co
Shepard Steven T $1,500,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coppola Michael $2,120,000
Previous Owner Coppola Michael W $2,120,000
Previous Owner Foley Michael $2,099,600
Previous Owner Foley Michael $2,099,600
Previous Owner Tighe Michael J $300,000
Previous Owner Tighe Michael J $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $2,650,000 -4.5% $624 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $2,775,000 -- $654 / 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
2024 $36,407 $841,400 $371,600 $469,800
2023 $36,407 $841,400 $371,600 $469,800
2022 $36,037 $841,400 $371,600 $469,800
2021 $36,323 $841,400 $371,600 $469,800
2020 $36,685 $841,400 $371,600 $469,800
2019 $36,727 $841,400 $371,600 $469,800
2018 $36,492 $841,400 $371,600 $469,800
2017 $36,727 $841,400 $371,600 $469,800
2016 $36,189 $841,400 $371,600 $469,800
2015 $35,482 $841,400 $371,600 $469,800
2014 $34,565 $841,400 $371,600 $469,800
Source: Public Records

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Source: Garden State MLS

MLS Number: 3615523

Garden State MLS

APN: 18-05201-0000-00007