NOT LISTED FOR SALE

12 Summit Terrace N Kinnelon, NJ 07405

Estimated Value: $790,435 - $940,000

-- Bed
-- Bath
3,012 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 12 Summit Terrace N, Kinnelon, NJ 07405 and is currently estimated at $851,109, approximately $282 per square foot. 12 Summit Terrace N is a home located in Morris County with nearby schools including Kiel School, Stonybrook School, and Pearl R. Miller Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2001
Sold by
Gormley Thomas
Bought by
Solano Joe and Leung Eileen
Current Estimated Value
$851,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$153,075
Interest Rate
6.84%
Estimated Equity
$734,706

Purchase Details

Closed on
May 25, 2000
Sold by
Teilborg Raymond
Bought by
Gormley Thomas J and Gormley Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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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
Solano Joe $475,000 --
Gormley Thomas J $395,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solano Joe $380,000
Previous Owner Gormley Thomas J $270,000
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 $14,772 $509,900 $252,600 $257,300
2024 $14,466 $509,900 $252,600 $257,300
2023 $14,466 $509,900 $252,600 $257,300
2022 $13,752 $509,900 $252,600 $257,300
2021 $13,752 $509,900 $252,600 $257,300
2020 $13,497 $509,900 $252,600 $257,300
2019 $13,186 $509,900 $252,600 $257,300
2018 $12,916 $509,900 $252,600 $257,300
2017 $12,697 $509,900 $252,600 $257,300
2016 $13,657 $420,100 $212,600 $207,500
2015 $13,116 $420,100 $212,600 $207,500
2014 $12,893 $420,100 $212,600 $207,500
Source: Public Records

Map

New Jersey Morris County Kinnelon 07405

12 Summit Terrace N, Kinnelon, NJ

This home is located at 12 Summit Terrace N, Kinnelon, NJ 07405 and is currently estimated at $851,109, approximately $282 per square foot. 12 Summit Terrace N is a home located in Morris County with nearby schools including Kiel School, Stonybrook School, and Pearl R. Miller Middle School.

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