NOT LISTED FOR SALE

103 Orchard St Summit, NJ 07901

Estimated Value: $744,904 - $891,000

-- Bed
-- Bath
1,529 Sq Ft
$544/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $645,000 $422 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,301/month

33 Days on Market

About This Home

As of August 2021

This home is located at 103 Orchard St, Summit, NJ 07901 since 19 May 2021 and is currently estimated at $832,226, approximately $544 per square foot. This property was built in 1913. 103 Orchard St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle School.

Last Agent to Sell the Property

Danielle Piccolo

COLDWELL BANKER REALTY Brokerage Phone: 908-688-3000 Listed on: 05/19/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Anthony Lugara

M. DONATO AND COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,559

Year Built

  • Built in 1913

Lot Details

  • 7,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,559

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Year Built: 1913
  • County Name: Union
  • Street Number Display: 103
  • I D: 5072865
  • Modified: 2022-08-03
  • Number Images: 1
  • Attribution Contact: 908-688-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 30, 2021
Sold by
Paul Ippolito Memorial Inc
Bought by
Russo Vincent and Russo Colleen
Seller's Agent
Danielle Piccolo
COLDWELL BANKER REALTY
Buyer's Agent
Anthony Lugara
M. DONATO AND COMPANY
List Price
$659,000
Sold Price
$645,000
Premium/Discount to List
-$14,000
-2.12%
Total Days on Market
33
Current Estimated Value
$832,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,226
Avg. Annual Appreciation
6.86%
Original Mortgage
$483,750
Outstanding Balance
$445,190
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$387,036

Purchase Details

Closed on
May 12, 2015
Sold by
Vieira Paulp A and Vieira Paula A
Bought by
Paul Ippolito Memorial Inc

Purchase Details

Closed on
Oct 16, 2002
Sold by
Joanne Peotter Llc
Bought by
Vieira Paulo and Vieira Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.2%

Purchase Details

Closed on
Dec 12, 2000
Sold by
Yauch Carmela and Raschella Rosalie
Bought by
Joanne Peotter Llc

Purchase Details

Closed on
Jul 15, 1999
Sold by
Yauch Carmela and Raschella Rosalie
Bought by
Yauch Carmela and Raschella Rosalie
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
Russo Vincent $645,000 Chicago Title Insurance Co
Paul Ippolito Memorial Inc $449,000 None Available
Vieira Paulo $405,000 --
Joanne Peotter Llc $329,000 --
Yauch Carmela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Vincent $483,750
Previous Owner Vieira Paulo $204,500
Previous Owner Vieira Paula A $100,000
Previous Owner Vieira Paulo $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $645,000 -2.1% $422 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $659,000 -- $431 / 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 $7,559 $174,700 $68,000 $106,700
2023 $7,559 $174,700 $68,000 $106,700
2022 $7,482 $174,700 $68,000 $106,700
2021 $7,542 $174,700 $68,000 $106,700
2020 $7,617 $174,700 $68,000 $106,700
2019 $7,626 $174,700 $68,000 $106,700
2018 $7,577 $174,700 $68,000 $106,700
2017 $7,626 $174,700 $68,000 $106,700
2016 $7,514 $174,700 $68,000 $106,700
2015 $7,367 $174,700 $68,000 $106,700
2014 $7,177 $174,700 $68,000 $106,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3713434

Garden State MLS

APN: 18-03914-0000-00004