NOT LISTED FOR SALE

11 Fay Place Summit, NJ 07901

Estimated Value: $1,793,594 - $2,196,000

5 Beds
4 Baths
1,398 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $1,065,000 $762 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $11,874/month

About This Home

As of August 2012

This home is located at 11 Fay Place, Summit, NJ 07901 since 13 August 2012 and is currently estimated at $1,932,865, approximately $1,382 per square foot. This property was built in 2012. 11 Fay Place 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

DIANE TERRY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 08/13/2012

Last Buyer's Agent

BARBARA HARRISON

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,511

Year Built

  • Built in 2012

Lot Details

  • 10,454 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,511

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Year Built: 2012
  • County Name: Union
  • Street Number Display: 11
  • I D: 4233571
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 82X127
  • Total Acres: 0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2012
Closed on
Jul 30, 2012
Sold by
11 Fay Place Llc
Bought by
Financ Thomas J and Financ Candis M
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
BARBARA HARRISON
LOIS SCHNEIDER REALTOR
Sold Price
$1,065,000
Current Estimated Value
$1,932,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,865
Avg. Annual Appreciation
4.64%
Original Mortgage
$852,000
Outstanding Balance
$556,800
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,376,065

Purchase Details

Closed on
Nov 3, 2011
Sold by
Sharenow Linda
Bought by
11 Fay Place Llc

Purchase Details

Closed on
Aug 8, 2003
Sold by
Tiernan Dennis
Bought by
Sharenow Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.52%

Purchase Details

Closed on
Nov 12, 2002
Sold by
Bird Jewett
Bought by
Tiernan Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.07%
Source: Public Records

Range of Values:

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
Financ Thomas J $1,065,000 Acres Land Title Agency Llc
11 Fay Place Llc $435,000 --
Sharenow Linda $414,000 --
Tiernan Dennis $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Financ Thomas J $852,000
Previous Owner Sharenow Linda $175,000
Previous Owner Tiernan Dennis $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2012 08/13/12 Sold $1,065,000 -- $762 / 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
2025 $19,511 $447,900 $142,500 $305,400
2024 $19,381 $447,900 $142,500 $305,400
2023 $19,381 $447,900 $142,500 $305,400
2022 $19,184 $447,900 $142,500 $305,400
2021 $19,336 $447,900 $142,500 $305,400
2020 $19,528 $447,900 $142,500 $305,400
2019 $19,551 $447,900 $142,500 $305,400
2018 $19,425 $447,900 $142,500 $305,400
2017 $19,551 $447,900 $142,500 $305,400
2016 $19,264 $447,900 $142,500 $305,400
2015 $18,888 $447,900 $142,500 $305,400
2014 $18,400 $447,900 $142,500 $305,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • B

    Buyer's Agent in 2012

    BARBARA HARRISON

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 2941250

Garden State MLS

APN: 18-00301-0000-00004

New Jersey Union County Summit 07901

11 Fay Place, Summit, NJ

This home is located at 11 Fay Place, Summit, NJ 07901 since 13 August 2012 and is currently estimated at $1,932,865, approximately $1,382 per square foot. This property was built in 2012. 11 Fay Place 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.

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