NOT LISTED FOR SALE

12 Russell Place Summit, NJ 07901

Summit Area

Estimated Value: $1,199,000 - $1,279,000

Studio
-- Bath
2,516 Sq Ft
$494/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2020

Last sale price $668,000 $266 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,005 / mo

7 Days on Market

About This Home

As of July 2020

This home is located at 12 Russell Place, Summit, NJ 07901 since 29 May 2020 and is currently estimated at $1,242,969, approximately $494 per square foot. 12 Russell Place is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

WINIFRED CAVAZINI

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 05/29/2020

Co-Listed By

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

Gina Telesco

NEW AND MODERN GROUP

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

6,534 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 4985069
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 0.152
  • Total Acres: 0.15

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
May 29, 2020
Closed on
Jul 14, 2020
Sold by
Bought by
Seller's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
Buyer's Agent
Gina Telesco
NEW AND MODERN GROUP
List Price
$699,900
Sold Price
$668,000
Premium/Discount to List
-$31,900
-4.56%
Current Estimated Value
$1,242,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,969
Avg. Annual Appreciation
10.73%
Original Mortgage
$634,600
Outstanding Balance
$551,298
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$691,671

Purchase Details

Closed on
Jan 28, 2020
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Zohar Zamir Real Estate Agent - KELLER WILLIAMS VILLAGE SQUARE REALTY

    Zohar Zamir

    KELLER WILLIAMS VILLAGE SQUARE REALTY

    (551) 296-1848

    734 Total Sales

    1 in Summit

    $999,999 Price

    Zohar Zamir
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  • Robin Roth Real Estate Agent - RE/MAX Competitive Edge

    Robin Roth

    RE/MAX Competitive Edge

    (908) 365-0772

    28 Total Sales

    1 in Summit

    $855,000 Price

    Robin Roth
     Section Image
  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Summit

    $840,000 Price

    Massimo Chirichiello
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    307 Total Sales

    2 in Summit

    $875,000 Price Range

    Nancy Chu
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    173 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    333 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
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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
$668,000 Able Title Agency Llc
-- None Available
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 $634,600
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
07/20/2020 07/20/20 Sold $668,000 -4.6% $266 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $699,900 -- $278 / 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 $14,227 $318,200 $98,200 $220,000
2025 $14,227 $318,200 $98,200 $220,000
2024 $13,769 $318,200 $98,200 $220,000
2023 $13,769 $318,200 $98,200 $220,000
2022 $13,629 $318,200 $98,200 $220,000
2021 $10,551 $244,400 $98,200 $146,200
2020 $10,656 $244,400 $98,200 $146,200
2019 $10,668 $244,400 $98,200 $146,200
2018 $10,600 $244,400 $98,200 $146,200
2017 $10,668 $244,400 $98,200 $146,200
2016 $10,512 $244,400 $98,200 $146,200
2015 $10,306 $244,400 $98,200 $146,200
2014 $10,040 $244,400 $98,200 $146,200
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

  • R

    Seller Co-Listing Agent in 2020

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

  • Gina Telesco Real Estate Agent - NEW AND MODERN GROUP

    Buyer's Agent in 2020

    Gina Telesco

    NEW AND MODERN GROUP

    (908) 698-7810

    65 Total Sales

    Gina Telesco
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Map

Source: Garden State MLS

MLS Number: 3636114

Garden State MLS

APN: 18-04101-0000-00009

New Jersey Union County Summit 07901

12 Russell Place, Summit, NJ

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