NOT LISTED FOR SALE

126 Prospect St Summit, NJ 07901

Estimated Value: $2,326,000 - $2,650,000

5 Beds
4 Baths
-- Sq Ft
0.37 Acres

Last Sold May 31, 2012

Last sale price $1,150,000

Est. 114% increase in value since last sale

Current estimated payment $15,629/month

About This Home

As of May 2012

This home is located at 126 Prospect St, Summit, NJ 07901 since 31 May 2012 and is currently estimated at $2,466,257. This property was built in 1938. 126 Prospect St 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

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-277-1398 Listed on: 05/31/2012

Co-Listed By

WINIFRED CAVAZINI

PROMINENT PROPERTIES SIR Brokerage Phone: 908-277-1398

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,869

Year Built

  • Built in 1938

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,869

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • County Name: Union
  • Street Number Display: 126
  • I D: 4216141
  • Modified: 2013-06-01
  • Number Images: 1
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 80X200
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2015
Sold by
Clapp Brian J and Clapp Lynne J
Bought by
Brian J Clapp Revocable Family Trus
Current Estimated Value
$2,466,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$127,090
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,339,167

Purchase Details

Listed on
May 31, 2012
Closed on
May 31, 2012
Sold by
Haire Judith W
Bought by
Clapp Brian J and Clapp Lynne J
Seller's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Brian J Clapp Revocable Family Trus $10 --
Clapp Brian J $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clapp Brian J $150,000
Previous Owner Clapp Brian J $760,000
Previous Owner Clapp Brian J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $1,150,000 -- --
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
2025 $29,869 $685,700 $233,400 $452,300
2024 $29,670 $685,700 $233,400 $452,300
2023 $29,670 $685,700 $233,400 $452,300
2022 $29,369 $685,700 $233,400 $452,300
2021 $29,602 $685,700 $233,400 $452,300
2020 $29,897 $685,700 $233,400 $452,300
2019 $29,931 $685,700 $233,400 $452,300
2018 $29,739 $685,700 $233,400 $452,300
2017 $29,931 $685,700 $233,400 $452,300
2016 $29,492 $685,700 $233,400 $452,300
2015 $28,916 $685,700 $233,400 $452,300
2014 $28,169 $685,700 $233,400 $452,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

  • W

    Seller Co-Listing Agent in 2012

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

  • C

    Buyer's Agent in 2012

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 2925148

Garden State MLS

APN: 18-02804-0000-00002

New Jersey Union County Summit 07901

126 Prospect St, Summit, NJ

This home is located at 126 Prospect St, Summit, NJ 07901 since 31 May 2012 and is currently estimated at $2,466,257. This property was built in 1938. 126 Prospect St 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.

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