NOT LISTED FOR SALE

109 Springfield Ave Summit, NJ 07901

Estimated Value: $1,062,000 - $1,335,000

-- Bed
-- Bath
2,322 Sq Ft
$532/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $960,000 $413 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,469/month

About This Home

This home is located at 109 Springfield Ave, Summit, NJ 07901 and is currently estimated at $1,234,348, approximately $531 per square foot. 109 Springfield 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 5, 2021
Sold by
Potyrala Cezary C and Potyrala Agnieszka
Bought by
Klag Charles
Seller's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Buyer's Agent
Erica Travis
COMPASS NEW JERSEY, LLC
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%
Current Estimated Value
$1,234,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,348
Avg. Annual Appreciation
5.55%
Original Mortgage
$540,000
Outstanding Balance
$481,533
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$752,815

Purchase Details

Closed on
Apr 5, 2019
Sold by
Potyrala Cezary C and Bronstein Jan
Bought by
Potyrala Cezary C

Purchase Details

Listed on
Apr 29, 2017
Closed on
Oct 18, 2017
Sold by
Fernandes Maria S and Fernandes Antonio R
Bought by
Potyrala Cezary C and Bronstein Jan
Seller's Agent
Octavio Mendes
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Octavio Mendes
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%

Purchase Details

Closed on
May 9, 2006
Sold by
Helfer Lou
Bought by
Fernandes Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Sold by
Adams Roger
Bought by
Helfer Lou and Riela Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Klag Charles $960,000 Stewart Title Company Nj Div
Potyrala Cezary C -- Prime Title Title Agency Llc
Potyrala Cezary C $435,000 None Available
Fernandes Maria S $312,500 --
Helfer Lou $263,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klag Charles $540,000
Previous Owner Fernandes Maria S $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $960,000 -3.9% $578 / Sq Ft View Prior Sale
03/31/2021 03/31/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $999,000 +129.7% $601 / Sq Ft
10/18/2017 10/18/17 Sold $435,000 -8.4% $262 / Sq Ft View Prior Sale
07/26/2017 07/26/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $475,000 -- $286 / Sq Ft

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 $12,249 $281,200 $68,100 $213,100
2024 $12,168 $281,200 $68,100 $213,100
2023 $12,168 $281,200 $68,100 $213,100
2022 $12,044 $281,200 $68,100 $213,100
2021 $12,139 $281,200 $68,100 $213,100
2020 $12,260 $281,200 $68,100 $213,100
2019 $12,274 $281,200 $68,100 $213,100
2018 $7,178 $165,500 $68,100 $97,400
2017 $7,224 $165,500 $68,100 $97,400
2016 $7,118 $165,500 $68,100 $97,400
2015 $6,979 $165,500 $68,100 $97,400
2014 $6,799 $165,500 $68,100 $97,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

  • Erica Travis

    Buyer's Agent in 2021

    Erica Travis

    COMPASS NEW JERSEY, LLC

    (908) 370-8695

    1 in this area

    91 Total Sales

    Erica Travis
    Section Image
  • Octavio Mendes

    Seller's Agent in 2017

    Octavio Mendes

    KELLER WILLIAMS MID-TOWN DIRECT

    (201) 207-7228

    3 in this area

    24 Total Sales

    Octavio Mendes
    Section Image
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Map

New Jersey Union County Summit 07901

109 Springfield Ave, Summit, NJ

Not Listed for Sale

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