$2,100,000
SOLD FEB 20, 2015

1 Crest Acre Ct Summit, NJ 07901

4 Beds
5 Baths
4,043 Sq Ft
0.39 Acres

Recently Sold

$519 Per Sq Ft

0 Day on Market

About This Home

As of June 2018

This home is located at 1 Crest Acre Ct, Summit, NJ 07901 and is currently priced at $2,100,000, approximately $519 per square foot. This property was built in 1935. 1 Crest Acre Ct is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

ELIZABETH N MOLDENHAUER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-2991 Listed on: 02/20/2015

Last Buyer's Agent

Vanessa Pollock

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,623

Year Built

  • Built in 1935

Lot Details

  • 0.39 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,623

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Year Built: 1935
  • County Name: Union
  • Street Number Display: 1
  • I D: 4479721
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 185X91
  • Total Acres: 0.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
Feb 12, 2015
Sold by
Stathis John G
Bought by
Wehler Kevin and Wehler Jill H
Seller's Agent
ELIZABETH N MOLDENHAUER
PROMINENT PROPERTIES SIR
Buyer's Agent
Vanessa Pollock
KELLER WILLIAMS REALTY
Sold Price
$2,100,000
Current Estimated Value
$3,700,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,600,397
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,680,000
Interest Rate
3.46%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2007
Sold by
Wilson Peter J and Wilson Brooks K
Bought by
Stathis John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1997
Sold by
Stone Jerry F and Stone Barbara H
Bought by
Wilson Peter J and Wilson Brooks K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.78%

Purchase Details

Closed on
Feb 22, 1995
Sold by
Stone Jerry F and Stone Barbara H
Bought by
Stone Jerry F and Stone Barbara H
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $2,100,000 Acres Land Title Agency Llc
Deed $2,500,000 First American Title Ins Co
Deed $1,500,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,680,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $750,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $3,955,000 -1.0% $402 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $3,995,000 +90.2% $406 / Sq Ft
02/20/2015 02/20/15 Sold $2,100,000 -- $519 / 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 $42,623 $978,500 $387,000 $591,500
2024 $37,429 $978,500 $387,000 $591,500
2023 $37,429 $865,000 $387,000 $478,000
2022 $37,048 $865,000 $387,000 $478,000
2021 $37,342 $865,000 $387,000 $478,000
2020 $37,714 $865,000 $387,000 $478,000
2019 $47,465 $1,087,400 $387,000 $700,400
2018 $47,161 $1,087,400 $387,000 $700,400
2017 $47,465 $1,087,400 $387,000 $700,400
2016 $46,769 $1,087,400 $387,000 $700,400
2015 $45,856 $1,087,400 $387,000 $700,400
2014 $44,670 $1,087,400 $387,000 $700,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3171618

Garden State MLS

APN: 18-01101-0000-00005