103 Park Ave Unit E103 Summit, NJ 07901
Estimated Value: $598,000 - $721,000
--
Bed
--
Bath
1,950
Sq Ft
$340/Sq Ft
Est. Value
About This Home
This home is located at 103 Park Ave Unit E103, Summit, NJ 07901 and is currently estimated at $663,878, approximately $340 per square foot. 103 Park Ave Unit E103 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 2020
Sold by
Ravishankar Sreenivasan and Ravishankar Indira
Bought by
Ravishankar Poornima Lakshmi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$305,816
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$358,062
Purchase Details
Closed on
Oct 1, 2007
Sold by
Huntington Sarah
Bought by
Ravishankar Sreenivasan and Ravishankar Indira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ravishankar Poornima Lakshmi | $460,000 | Nationallink | |
| Ravishankar Sreenivasan | $440,000 | Fidelity Natl Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ravishankar Poornima Lakshmi | $345,000 | |
| Previous Owner | Ravishankar Sreenivasan | $352,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,948 | $159,500 | $40,000 | $119,500 |
| 2024 | $6,902 | $159,500 | $40,000 | $119,500 |
| 2023 | $6,902 | $159,500 | $40,000 | $119,500 |
| 2022 | $6,831 | $159,500 | $40,000 | $119,500 |
| 2021 | $6,886 | $159,500 | $40,000 | $119,500 |
| 2020 | $6,954 | $159,500 | $40,000 | $119,500 |
| 2019 | $6,962 | $159,500 | $40,000 | $119,500 |
| 2018 | $6,918 | $159,500 | $40,000 | $119,500 |
| 2017 | $6,962 | $159,500 | $40,000 | $119,500 |
| 2016 | $6,860 | $159,500 | $40,000 | $119,500 |
| 2015 | $6,726 | $159,500 | $40,000 | $119,500 |
| 2014 | -- | $159,500 | $40,000 | $119,500 |
Source: Public Records
Map
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