$430,000
SOLD JUN 16, 2015

120 Orchard St Summit, NJ 07901

3 Beds
2 Baths
1,273 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$338 Per Sq Ft

About This Home

As of January 2021

This home is located at 120 Orchard St, Summit, NJ 07901 and is currently priced at $430,000, approximately $337 per square foot. This property was built in 1922. 120 Orchard St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle School.

Co-Listed By

Domenique Tozzo Rule

NJ REAL ESTATE BOUTIQUE LLC Brokerage Phone: 973-866-5125

Last Buyer's Agent

ARMANDO PEREZ

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,892

Year Built

  • Built in 1922

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,892

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Union
  • Street Number Display: 120
  • I D: 4503484
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-866-5125
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.23
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 19, 2021
Sold by
Kratzer Erik J
Bought by
Dejesus Maria Cristina and Dejesus Jason
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
KRISTIN BALSLEY
BHHS - NEW JERSEY PROPERTIES
List Price
$629,000
Sold Price
$565,000
Premium/Discount to List
-$64,000
-10.17%
Total Days on Market
0
Current Estimated Value
$761,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,401
Avg. Annual Appreciation
6.59%
Original Mortgage
$536,750
Outstanding Balance
$484,747
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$260,694

Purchase Details

Listed on
Jun 16, 2015
Closed on
Jun 16, 2015
Sold by
Plesh Properties Llc
Bought by
Kratzer Erik J
Buyer's Agent
ARMANDO PEREZ
COLDWELL BANKER REALTY
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$315,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Ponzio Joanne
Bought by
Plesh Properties Llc and Aaa Windows Home Improvements Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Ponzio Anthony N
Bought by
Ponzio Joanne

Purchase Details

Closed on
Feb 5, 1997
Sold by
Ponzio Anthony N
Bought by
Ponzio Anthony N and Ponzio Joanne

Purchase Details

Closed on
Jul 15, 1996
Sold by
Ponzio Anthony L
Bought by
Ponzio Anthony N
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $565,000 Associated Title Agency
Bargain Sale Deed $430,000 Heritage Abstract Co
Bargain Sale Deed $220,000 Agent For Stewart Title Guar
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,193 New Conventional
Open $536,750 New Conventional
Previous Owner $315,000 New Conventional
Previous Owner $220,000 Purchase Money Mortgage
Previous Owner $75,000 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $565,000 -5.7% $444 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/17/2020 11/17/20 Price Changed $599,000 -4.8% $471 / Sq Ft
11/05/2020 11/05/20 For Sale $629,000 +46.3% $494 / Sq Ft
06/16/2015 06/16/15 Sold $430,000 -- $338 / 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
2024 $7,892 $182,400 $71,200 $111,200
2023 $7,892 $182,400 $71,200 $111,200
2022 $7,812 $182,400 $71,200 $111,200
2021 $7,874 $182,400 $71,200 $111,200
2020 $7,953 $182,400 $71,200 $111,200
2019 $7,962 $182,400 $71,200 $111,200
2018 $7,911 $182,400 $71,200 $111,200
2017 $7,962 $182,400 $71,200 $111,200
2016 $7,845 $182,400 $71,200 $111,200
2015 $7,692 $149,300 $71,200 $78,100
2014 -- $149,300 $71,200 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3193313

Garden State MLS

APN: 18-03909-0000-00032