NOT LISTED FOR SALE

1 Montview Rd Summit, NJ 07901

Estimated Value: $1,735,000 - $2,026,000

5 Beds
4 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $1,195,000

Est. 56% increase in value since last sale

Current estimated payment $11,328/month

About This Home

As of June 2014

This home is located at 1 Montview Rd, Summit, NJ 07901 since 30 June 2014 and is currently estimated at $1,861,076. 1 Montview Rd 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

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 06/30/2014

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,243

Lot Details

  • 10,454 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,243

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 4459631
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.236
  • Total Acres: 0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Jun 30, 2014
Sold by
Simon Eric L and Simon Nancy Weinberg
Bought by
Busam Michael and Busam Allison
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Sold Price
$1,195,000
Current Estimated Value
$1,861,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,076
Avg. Annual Appreciation
3.99%
Original Mortgage
$956,000
Outstanding Balance
$727,640
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,133,436

Purchase Details

Closed on
Aug 18, 2003
Sold by
Sajer Scott
Bought by
Simon Eric and Simon Nancy Weinberg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.69%

Purchase Details

Closed on
Mar 5, 1994
Sold by
Beattie Kattryn B
Bought by
Sajer Scott M and Kittredge Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Busam Michael $1,195,000 None Available
Simon Eric $1,050,000 --
Sajer Scott M $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busam Michael $956,000
Previous Owner Simon Eric $550,000
Previous Owner Sajer Scott M $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $1,195,000 -- --
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
2025 $18,243 $418,800 $176,100 $242,700
2024 $18,121 $418,800 $176,100 $242,700
2023 $18,121 $418,800 $176,100 $242,700
2022 $17,937 $418,800 $176,100 $242,700
2021 $18,080 $418,800 $176,100 $242,700
2020 $18,260 $418,800 $176,100 $242,700
2019 $18,281 $418,800 $176,100 $242,700
2018 $18,163 $418,800 $176,100 $242,700
2017 $18,281 $418,800 $176,100 $242,700
2016 $18,013 $418,800 $176,100 $242,700
2015 $17,661 $418,800 $176,100 $242,700
2014 $17,204 $418,800 $176,100 $242,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

  • Kim Cannon

    Buyer's Agent in 2014

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    97 in this area

    152 Total Sales

    Kim Cannon
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Map

Source: Garden State MLS

MLS Number: 3152543

Garden State MLS

APN: 18-04606-0000-00007

New Jersey Union County Summit 07901

1 Montview Rd, Summit, NJ

Not Listed for Sale

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