NOT LISTED FOR SALE

16 Laurel Ave Summit, NJ 07901

Estimated Value: $1,192,000 - $1,770,000

3 Beds
2 Baths
1,568 Sq Ft
$951/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $697,500 $445 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $9,515/month

About This Home

As of May 2013

This home is located at 16 Laurel Ave, Summit, NJ 07901 since 03 May 2013 and is currently estimated at $1,490,581, approximately $950 per square foot. 16 Laurel Ave 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

BARBARA HARRISON

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 05/03/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,349

Lot Details

  • 5,663 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,349

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 16
  • I D: 4300199
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 0.127
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
May 3, 2013
Sold by
Reheis Michael and Reheis Kara
Bought by
Dolan Matthew F and Dolan Emily C
Seller's Agent
BARBARA HARRISON
LOIS SCHNEIDER REALTOR
Sold Price
$697,500
Current Estimated Value
$1,490,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,081
Avg. Annual Appreciation
6.30%
Original Mortgage
$558,000
Outstanding Balance
$397,527
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,093,054

Purchase Details

Closed on
Aug 15, 2011
Sold by
Speckhart John J and Speckhart Heidi
Bought by
Reheis Michael and Reheis Kara

Purchase Details

Closed on
Oct 16, 2004
Sold by
Doherty John
Bought by
Speckhart John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Interest Rate
5.71%

Purchase Details

Closed on
Nov 8, 1999
Sold by
Hamilton Susanne W
Bought by
Keegan Thomas A and Keegan Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
7.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 19, 1999
Sold by
Summit Bank
Bought by
Hamilton Suzanne W
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
Dolan Matthew F $697,500 Chicago Title Insurance Co
Reheis Michael $635,000 Acres Land Title Agency Inc
Speckhart John $599,000 --
Keegan Thomas A $317,100 --
Hamilton Suzanne W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolan Matthew F $558,000
Previous Owner Speckhart John $479,000
Previous Owner Keegan Thomas A $254,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $697,500 -- $445 / 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
2025 $19,349 $444,200 $192,700 $251,500
2024 $19,221 $444,200 $192,700 $251,500
2023 $19,221 $444,200 $192,700 $251,500
2022 $19,668 $459,200 $192,700 $266,500
2021 $19,824 $459,200 $192,700 $266,500
2020 $20,021 $459,200 $192,700 $266,500
2019 $13,357 $306,000 $192,700 $113,300
2018 $13,271 $306,000 $192,700 $113,300
2017 $13,357 $306,000 $192,700 $113,300
2016 $13,161 $306,000 $192,700 $113,300
2015 $12,904 $306,000 $192,700 $113,300
2014 $12,570 $306,000 $192,700 $113,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    BARBARA HARRISON

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3004041

Garden State MLS

APN: 18-04603-0000-00021

New Jersey Union County Summit 07901

16 Laurel Ave, Summit, NJ

This home is located at 16 Laurel Ave, Summit, NJ 07901 since 03 May 2013 and is currently estimated at $1,490,581, approximately $950 per square foot. 16 Laurel Ave 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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