NOT LISTED FOR SALE

12 Summit Rd Unit 14 Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $569,000 - $687,000

-- Bed
-- Bath
1,800 Sq Ft
$336/Sq Ft Est. Value

About This Home

This home is located at 12 Summit Rd Unit 14, Elizabeth, NJ 07208 and is currently estimated at $604,873, approximately $336 per square foot. 12 Summit Rd Unit 14 is a home located in Union County with nearby schools including Number 21, Victor Mravlag Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2008
Sold by
Alchohada Michil and Chohada Michil
Bought by
Velarde Alan M
Current Estimated Value
$604,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,487
Interest Rate
6.07%
Mortgage Type
FHA
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Velarde Alan M $350,000 Ats Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velarde Alan $100,000
Closed Velarde Alan M $30,200
Open Velarde Alan $361,400
Closed Velarde Alan M $337,487
Previous Owner Chohada Michil $404,700
Previous Owner Macfarlane Michael J $145,000
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
2024 $12,698 $447,200 $211,500 $235,700
2023 $12,104 $40,400 $10,700 $29,700
2022 $12,354 $40,400 $10,700 $29,700
2021 $12,099 $40,400 $10,700 $29,700
2020 $11,825 $40,400 $10,700 $29,700
2019 $11,645 $40,400 $10,700 $29,700
2018 $11,531 $40,400 $10,700 $29,700
2017 $11,210 $40,400 $10,700 $29,700
2016 $11,211 $40,400 $10,700 $29,700
2015 $10,544 $40,400 $10,700 $29,700
2014 $10,228 $40,400 $10,700 $29,700
Source: Public Records

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