NOT LISTED FOR SALE

1302 Summit Ave Westfield, NJ 07090

Estimated Value: $1,939,447 - $2,219,000

5 Beds
5 Baths
-- Sq Ft
0.27 Acres

Last Sold October 26, 2016

Last sale price $1,295,000

Est. 60% increase in value since last sale

Current estimated payment $13,318/month

127 Days on Market

About This Home

As of October 2016

This home is located at 1302 Summit Ave, Westfield, NJ 07090 since 28 April 2016 and is currently estimated at $2,071,112. 1302 Summit Ave is a home located in Union County with nearby schools including Jefferson Elementary School, Edison Intermediate School, and Westfield Senior High School.

Last Agent to Sell the Property

FAITH MARICIC

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 04/28/2016

Last Buyer's Agent

FAITH MARICIC

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 04/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,046

Lot Details

  • 0.27 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,046

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1302
  • I D: 4619892
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.00

Lot Info

  • Lot Size: 120X97
  • Total Acres: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Oct 26, 2016
Sold by
Gentemp Llc
Bought by
Borella Kevin A and Borella Blair C
Seller's Agent
FAITH MARICIC
COLDWELL BANKER REALTY
Buyer's Agent
FAITH MARICIC
COLDWELL BANKER REALTY
List Price
$1,339,000
Sold Price
$1,295,000
Premium/Discount to List
-$44,000
-3.29%
Current Estimated Value
$2,071,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,112
Avg. Annual Appreciation
5.21%
Original Mortgage
$1,036,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2015
Sold by
Chu Lili
Bought by
Gentemp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 21, 2004
Sold by
O'Rourke John
Bought by
Chu Lili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
5.74%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Pantazis Nicholas J
Bought by
O'Rourke John and O'Rourke Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Borella Kevin A $1,295,000 --
Gentemp Llc $525,000 Old Republic Natl Title Ins
Chu Lili $499,900 --
O'Rourke John $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borella Kevin A $1,036,000
Previous Owner Gentemp Llc $840,000
Previous Owner Chu Lili $249,900
Previous Owner O'Rourke John $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $1,295,000 -3.3% --
09/02/2016 09/02/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,339,000 -- --
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 $28,046 $1,285,500 $445,100 $840,400
2024 $27,474 $1,245,400 $445,100 $800,300
2023 $27,474 $1,245,400 $445,100 $800,300
2022 $26,901 $1,245,400 $445,100 $800,300
2021 $26,938 $1,245,400 $445,100 $800,300
2020 $26,876 $1,245,400 $445,100 $800,300
2019 $26,776 $1,245,400 $445,100 $800,300
2018 $27,575 $296,600 $75,600 $221,000
2017 $6,990 $75,600 $75,600 $0
2016 $6,826 $75,600 $75,600 $0
2015 $12,849 $145,200 $75,600 $69,600
2014 $12,425 $145,200 $75,600 $69,600
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    FAITH MARICIC

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3301795

Garden State MLS

APN: 20-05109-0000-00002

New Jersey Union County Westfield 07090

1302 Summit Ave, Westfield, NJ

This home is located at 1302 Summit Ave, Westfield, NJ 07090 since 28 April 2016 and is currently estimated at $2,071,112. 1302 Summit Ave is a home located in Union County with nearby schools including Jefferson Elementary School, Edison Intermediate School, and Westfield Senior High School.

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