NOT LISTED FOR SALE

15 Elm Place Summit, NJ 07901

Estimated Value: $1,559,000 - $2,123,000

5 Beds
4 Baths
-- Sq Ft
0.33 Acres

Last Sold August 25, 2021

Last sale price $1,451,000

Est. 34% increase in value since last sale

Current estimated payment $12,402/month

10 Days on Market

About This Home

As of August 2021

This home is located at 15 Elm Place, Summit, NJ 07901 since 01 June 2021 and is currently estimated at $1,951,309. This property was built in 1933. 15 Elm Place 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.

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,685

Year Built

  • Built in 1933

Lot Details

  • 0.33

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,685

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Year Built: 1933
  • County Name: Union
  • Street Number Display: 15
  • I D: 5071876
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: .332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 23, 2021
Sold by
Carpinelli Nicholas A and Carpinelli Margaret Brody
Bought by
Hall Thomas Mabon and Hall Amanda Lamarca
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$1,395,000
Sold Price
$1,451,000
Premium/Discount to List
$56,000
4.01%
Current Estimated Value
$1,951,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,309
Avg. Annual Appreciation
7.47%
Original Mortgage
$1,160,800
Outstanding Balance
$1,053,937
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$897,372

Purchase Details

Closed on
Apr 23, 1994
Sold by
Demoll Richard H and Ohara Mary Ann
Bought by
Carpinelli Nicholas A and Carpinelli Margaret Brody
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hall Thomas Mabon $1,451,000 First Legacy Group Title
Hall Thomas Mabon $1,451,000 First Legacy Group Title
Carpinelli Nicholas A $612,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Thomas Mabon $1,160,800
Closed Hall Thomas Mabon $1,160,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $1,451,000 +4.0% --
06/11/2021 06/11/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,395,000 -- --
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 $24,685 $594,000 $203,800 $390,200
2024 $24,521 $566,700 $203,800 $362,900
2023 $24,521 $566,700 $203,800 $362,900
2022 $24,272 $566,700 $203,800 $362,900
2021 $24,464 $566,700 $203,800 $362,900
2020 $24,708 $566,700 $203,800 $362,900
2019 $24,736 $566,700 $203,800 $362,900
2018 $24,578 $566,700 $203,800 $362,900
2017 $24,736 $566,700 $203,800 $362,900
2016 $22,899 $532,400 $203,800 $328,600
2015 $22,451 $532,400 $203,800 $328,600
2014 $21,871 $532,400 $203,800 $328,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller Co-Listing Agent in 2021

    JILL BRAY

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3716552

Garden State MLS

APN: 18-04604-0000-00020

New Jersey Union County Summit 07901

15 Elm Place, Summit, NJ

This home is located at 15 Elm Place, Summit, NJ 07901 since 01 June 2021 and is currently estimated at $1,951,309. This property was built in 1933. 15 Elm Place 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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