NOT LISTED FOR SALE

Estimated Value: $848,650 - $1,071,000

3 Beds
1 Bath
2,716 Sq Ft
$351/Sq Ft Est. Value

About This Home

This home is located at 1172 Summit Ave Unit 2, Jersey City, NJ 07307 and is currently estimated at $954,163, approximately $351 per square foot. 1172 Summit Ave Unit 2 is a home located in Hudson County with nearby schools including Alfred E. Zampella No. 27 Elementary School, William L. Dickinson High School, and Liberty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Vajinapelly Srinivas and Vajinapelly Sunitha
Bought by
Singh Hardeep and Valdez Paolo G
Current Estimated Value
$954,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$582,768
Interest Rate
6.42%
Estimated Equity
$371,395

Purchase Details

Closed on
Feb 14, 2017
Sold by
Ali Syed P and Ali Saba
Bought by
Vajinapelly Srinivas and Tatikonda Sunitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2004
Sold by
Torres Elido and Taveras Maria
Bought by
Ali Syed P and Ali Saba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2002
Sold by
Taveras Maria
Bought by
Torres Elido and Taveras Maria

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
6.34%

Purchase Details

Closed on
Jun 2, 1999
Sold by
Taveras Teofilo and Taveras Jesus
Bought by
Taveras Maria
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Singh Hardeep $750,000 Sunnyside Title
Vajinapelly Srinivas $540,000 New Jersey Land Title
Ali Syed P $325,000 Chicago Title Insurance Co
Torres Elido -- Stewart Title Guaranty Compa
Taveras Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Hardeep $600,000
Previous Owner Bonilla-Sanchez Mario E $1,040,000
Previous Owner Vajinapelly Srinivas $375,000
Previous Owner Vajinapelly Srinivas $405,000
Previous Owner Ali Saba $400,000
Previous Owner Ali Syed P $260,000
Previous Owner Torres Elido $175,000
Previous Owner Taveras Maria $50,500
Previous Owner Devia Ricardo $15,000
Previous Owner Taveras Maria $110,000
Source: Public Records

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 $11,265 $504,500 $202,500 $302,000
2024 $11,336 $504,500 $202,500 $302,000
2023 $11,336 $504,500 $202,500 $302,000
2022 $10,685 $504,500 $202,500 $302,000
2021 $8,092 $504,500 $202,500 $302,000
2020 $8,122 $504,500 $202,500 $302,000
2019 $7,769 $504,500 $202,500 $302,000
2018 $1,577 $504,500 $202,500 $302,000
2017 $8,268 $106,000 $20,000 $86,000
2016 $8,163 $106,000 $20,000 $86,000
2015 $7,931 $106,000 $20,000 $86,000
2014 $7,880 $106,000 $20,000 $86,000
Source: Public Records

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