NOT LISTED FOR SALE

109 Springfield Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,095,000 - $1,349,000

Studio
-- Bath
1,662 Sq Ft
$725/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2021

Last sale price $960,000 $578 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,561 / mo

33 Days on Market

About This Home

As of May 2021

This home is located at 109 Springfield Ave, Summit, NJ 07901 since 26 February 2021 and is currently estimated at $1,205,747, approximately $725 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.

Last Agent to Sell the Property

AMY BURAKOVSKY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 02/26/2021

Last Buyer's Agent

Erica Travis

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

7,405 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 4977445
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 0.174
  • Total Acres: 0.17

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 5, 2021
Sold by
Bought by
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
$1,205,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,747
Avg. Annual Appreciation
4.50%
Original Mortgage
$540,000
Interest Rate
0.0212%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2019
Sold by
Bought by

Purchase Details

Listed on
Apr 29, 2017
Closed on
Oct 18, 2017
Sold by
Bought by
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
12.36%

Purchase Details

Closed on
May 9, 2006
Sold by
Bought by

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
0.0653%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$960,000 Stewart Title Company Nj Div
-- Prime Title Title Agency Llc
$435,000 None Available
$312,500 --
$263,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,572 $281,200 $68,100 $213,100
2025 $12,572 $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

    95 Total Sales

    Erica Travis
    Section Image
  • Octavio Mendes

    Seller's Agent in 2017

    Octavio Mendes

    KELLER WILLIAMS MID-TOWN DIRECT

    (201) 207-7228

    24 Total Sales

    Octavio Mendes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3694242

Garden State MLS

APN: 18-03701-0000-00010

New Jersey Union County Summit 07901

109 Springfield Ave, Summit, NJ

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