NOT LISTED FOR SALE

116 Summit Ct Westfield, NJ 07090

Estimated Value: $943,000 - $1,048,992

3 Beds
3 Baths
1 Sq Ft
$1,006,998/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $710,000 $710,000 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,477/month

6 Days on Market

About This Home

As of September 2021

This home is located at 116 Summit Ct, Westfield, NJ 07090 since 07 July 2021 and is currently estimated at $1,006,998, approximately $1,006,998 per square foot. This property was built in 1962. 116 Summit Ct is a home located in Union County with nearby schools including Jefferson Elementary School, Edison Intermediate School, and Westfield Senior High School.

Last Agent to Sell the Property

Lisa Stafford

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 07/07/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Alyssa Stanek

CORCORAN SAWYER SMITH

CORCORAN SAWYER SMITH

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • County Name: Union
  • I D: 5086575
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 92X125
  • Total Acres: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 1, 2021
Sold by
Loforte Robert and Loforte Caroline E
Bought by
Tarangelo Michael and Tarangelo Valerie
Seller's Agent
Lisa Stafford
COLDWELL BANKER REALTY
Buyer's Agent
Alyssa Stanek
CORCORAN SAWYER SMITH
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%
Current Estimated Value
$1,006,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,998
Avg. Annual Appreciation
8.61%
Original Mortgage
$603,500
Outstanding Balance
$549,140
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$457,858

Purchase Details

Listed on
Jul 27, 2016
Closed on
Nov 22, 2016
Sold by
Carolyn G Diamond
Bought by
Lo Forte Robert and Lo Forte Caroline
Seller's Agent
ELLEN M. MURPHY
COLDWELL BANKER REALTY
Buyer's Agent
Lisa Stafford
COLDWELL BANKER REALTY
List Price
$569,000
Sold Price
$570,000
Premium/Discount to List
$1,000
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$513,000
Interest Rate
3.94%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Nixdorff Robert D and Nixdorff Carolyn G
Bought by
Nixdorff Carolyn G

Purchase Details

Closed on
Apr 28, 1997
Sold by
Katz Walter and Katz Barbara
Bought by
Nixdorff Robert D and Nixdorff Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.85%
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
Tarangelo Michael $710,000 Title Masters Llc
Lo Forte Robert -- --
Nixdorff Carolyn G -- --
Nixdorff Robert D $217,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarangelo Michael $603,500
Previous Owner Lo Forte Robert $513,000
Previous Owner Lo Forte Robert --
Previous Owner Nixdorff Robert D $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2021 09/13/21 Sold $710,000 +1.4% $710,000 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $699,900 +22.8% $699,900 / Sq Ft
11/15/2016 11/15/16 Sold $570,000 +0.2% $570,000 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $569,000 -- $569,000 / 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 $14,413 $640,000 $446,000 $194,000
2024 $14,118 $640,000 $446,000 $194,000
2023 $14,118 $640,000 $446,000 $194,000
2022 $13,824 $640,000 $446,000 $194,000
2021 $13,843 $640,000 $446,000 $194,000
2020 $13,811 $640,000 $446,000 $194,000
2019 $13,760 $640,000 $446,000 $194,000
2018 $15,182 $163,300 $73,500 $89,800
2017 $15,099 $163,300 $73,500 $89,800
2016 $14,744 $163,300 $73,500 $89,800
2015 $14,450 $163,300 $73,500 $89,800
2014 $13,974 $163,300 $73,500 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3725690

Garden State MLS

APN: 20-05504-0000-00010