NOT LISTED FOR SALE

138 Summit Ave Montclair, NJ 07043

Estimated Value: $1,629,000 - $2,162,000

5 Beds
5 Baths
2,386 Sq Ft
$760/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $930,000 $390 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $12,031/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Bradford School Rated A-
  • Formal Dining Room
  • Shades

About This Home

As of June 2016

Sparkling Upper Mtclr Col in outstanding location on arguably the best street in town.State-of-the-art 2015 Eat-in Kitchen by Merit.All Viking Applcs,Quartz counters,center island+adjacent Family Room w/ French doors leading to bluestone screen-porch w/ unobstructed view of July 4th Essex County fireworks. Enormous Master Suite w/ custom closets+marble bath.This home is updated in every way including the systems of the house:2 zone CA, nearly all new plumbing,brand new boiler+HWH, French drain around entire foundation,200 Amp electric w/ new generator subpanel,new chimney liner, undergrnd sprinklers, invisible dog fence.Finished bsmnt w/ Powder Rm and built-in bar.Superb location bet Watchung&Upper Mtclr Villages -2 train stations/2 NY bus lines. Best block party in town! Owner holds NJ Real Estate Lic.

Last Agent to Sell the Property

KATHLEEN SEVERANCE

BROWN HARRIS STEVENS NEW JERSEY Listed on: 03/09/2016

BROWN HARRIS STEVENS NEW JERSEY

Last Buyer's Agent

PAUL BIANCO

COLDWELL BANKER REALTY SRV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,130

Year Built

  • Built in 1926

Lot Details

  • 14,810 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Composition Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Powder Room
  • Separate Shower

Finished Basement

  • Sump Pump
  • French Drain

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 1613-03505-0000-00004-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,130

Year Built

Built in 1926

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1926
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Washer/Dryer, bar stools, basement TV and generator negotiable
  • Directions: Between Park and Grove - 3 doors down from Park Street
  • I D: 4605777
  • Section Subdiv Development: UPPER MONTCLAIR
  • First Name: KATHLEEN
  • First Name3: PAUL
  • Last Name: SEVERANCE
  • Last Name3: BIANCO
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Generator-Hookup, Refrigerator, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: Cedar Closets, Blinds, Shades, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Finished
  • Basement Level Rooms: Family Room, Powder Room, Storage Room, Laundry Room, Utility Room, SeeRem
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Foyer, Screened, Dining Room, Living Room, SeeRem
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Bath Main
  • Phone: 973-509-2222

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Sidewalk, Storm Door(s), Underground Lawn Sprinkler, Curbs, Enclosed Porch(es), Storm Window(s)
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Storage

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 68X217
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 23130
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03505-0000-00004-0000-
  • Tax Rate Amount: 3.526
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jun 10, 2016
Sold by
Severance Kathleen and Severance Robert
Bought by
Bianco Lisa C and Ball Timothy J
Seller's Agent
KATHLEEN SEVERANCE
BROWN HARRIS STEVENS NEW JERSEY
Buyer's Agent
PAUL BIANCO
COLDWELL BANKER REALTY SRV
List Price
$899,000
Sold Price
$930,000
Premium/Discount to List
$31,000
3.45%
Current Estimated Value
$1,813,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,976
Avg. Annual Appreciation
7.06%
Original Mortgage
$651,000
Outstanding Balance
$511,787
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,302,189

Purchase Details

Closed on
May 17, 2011
Sold by
Mitchell Maruta
Bought by
Severance Robert and Severance Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
4.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bianco Lisa C $930,000 None Available
Severance Robert $660,000 Acres Land Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianco Lisa C $651,000
Previous Owner Severance Robert $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Sold $930,000 +3.4% $390 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $899,000 -- $377 / Sq Ft
Source: Garden State MLS

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 $28,057 $830,100 $398,800 $431,300
2024 $28,057 $830,100 $398,800 $431,300
2022 $27,294 $830,100 $398,800 $431,300
2021 $26,821 $830,100 $398,800 $431,300
2020 $26,389 $830,100 $398,800 $431,300
2019 $26,115 $830,100 $398,800 $431,300
2018 $25,683 $830,100 $398,800 $431,300
2017 $25,507 $683,100 $416,600 $266,500
2016 $24,824 $683,100 $416,600 $266,500
2015 $24,086 $656,000 $416,600 $239,400
2014 $22,356 $656,000 $416,600 $239,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3288241

Garden State MLS

APN: 13-03505-0000-00004

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