NOT LISTED FOR SALE

108 Park Ave Summit, NJ 07901

Estimated Value: $583,000 - $717,436

Studio
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold October 11, 2018

Last sale price $532,500

Est. 21% increase in value since last sale

Current estimated payment $3,830/month

100 Days on Market

About This Home

As of October 2018

This home is located at 108 Park Ave, Summit, NJ 07901 since 18 December 2017 and is currently estimated at $645,359. This property was built in 1920. 108 Park Ave 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

Marcy Borcherding

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 12/18/2017

COLDWELL BANKER REALTY

Co-Listed By

Anne Quinn

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808

Last Buyer's Agent

Marcy Borcherding

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 12/18/2017

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • I D: 4766149
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 0.037
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Oct 10, 2018
Sold by
Cook Marie L and Cook Marie L
Bought by
Kent Dynah Reyes
Seller's Agent
Marcy Borcherding
COLDWELL BANKER REALTY
Buyer's Agent
Marcy Borcherding
COLDWELL BANKER REALTY
List Price
$599,000
Sold Price
$532,500
Premium/Discount to List
-$66,500
-11.1%
Current Estimated Value
$645,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,859
Avg. Annual Appreciation
2.68%
Original Mortgage
$199,687
Outstanding Balance
$174,510
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$470,850

Purchase Details

Closed on
Feb 15, 2017
Sold by
Matthews Ryan Doreen M and Matthews Barbara M
Bought by
Ryan Doreen M and Barbara M Mathews Trust

Purchase Details

Closed on
Apr 27, 1989
Bought by
Cook Marie L and Matthews Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Kent Dynah Reyes $266,250 Chicago Title Co Llc
Ryan Doreen M -- None Available
Ryan Doreen M -- None Available
Rayn Doreen M -- None Available
Ryan Doreen M -- None Available
Ryan Doreen M -- None Available
Ryan Doren M -- None Available
Cook Marie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Dynah Reyes $199,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2018 10/11/18 Sold $532,500 -11.1% --
03/28/2018 03/28/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $599,000 -- --
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 $5,462 $125,400 $45,300 $80,100
2024 $5,426 $125,400 $45,300 $80,100
2023 $5,426 $125,400 $45,300 $80,100
2022 $5,371 $125,400 $45,300 $80,100
2021 $5,414 $125,400 $45,300 $80,100
2020 $5,467 $125,400 $45,300 $80,100
2019 $5,474 $125,400 $45,300 $80,100
2018 $5,439 $125,400 $45,300 $80,100
2017 $5,474 $125,400 $45,300 $80,100
2016 $5,393 $125,400 $45,300 $80,100
2015 $5,288 $125,400 $45,300 $80,100
2014 $5,151 $125,400 $45,300 $80,100
Source: Public Records

Agents Affiliated with this Home

  • Marcy Borcherding

    Seller's Agent in 2018

    Marcy Borcherding

    COLDWELL BANKER REALTY

    (908) 752-8865

    91 Total Sales

    Marcy Borcherding
    Section Image
  • Anne Quinn

    Seller Co-Listing Agent in 2018

    Anne Quinn

    COLDWELL BANKER REALTY

    (908) 433-0972

    3 in this area

    23 Total Sales

    Anne Quinn
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3436245

Garden State MLS

APN: 18-04007-0000-00002

New Jersey Union County Summit 07901

108 Park Ave, Summit, NJ

Not Listed for Sale

MultiFamily

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