NOT LISTED FOR SALE

16 Mountain Ave Summit, NJ 07901

Estimated Value: $1,267,197 - $1,900,000

5 Beds
2.5 Baths
1,933 Sq Ft
$788/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $901,000 $466 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $9,257/month

12 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Attic
  • L C Johnson Summit Middle School Rated A+
  • Victorian Architecture
  • Formal Dining Room

About This Home

As of August 2016

Turnkey Victorian home meticulously maintained by current owners. High ceilings, spacious rooms & charm galore! Versatile floor plan. Just blocks to Summit downtown, & elementary & middle schools. Updates include: 2016: closet added BR # 5; 2015: re-build exterior chimney, sump pump & french drains, lower level re-plastered walls & painted; 2104: security system; 2012 professionally landscaped, new patio, fence, rock wall, front walkway & driveway, gas line to gas grill; 2010: all new Pella windows, master bath renovated w/ radiant heated floors & oversized frameless shower, 2nd fl. laundry added, MBR closets custom fitted, BR # 3's & 4 enlarged & closets added, Kitchen, Mud Room & Powder Rm. addition & renovation. Custom mill work throughout, original paneled doors & hardwood floors.

Last Agent to Sell the Property

LINDA PECK

PROMINENT PROPERTIES SIR Listed on: 04/27/2016

Co-Listed By

PAMELA GUMPORT

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,204

Year Built

  • Built in 1890

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Additional Parking

Home Design

  • Victorian Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Brayton Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Radiant Heating System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04502-0000-00025-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,204

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1890
  • Year Built Description: Approximate
  • County Name: Union
  • Easements Description: ----
  • Exclusions: DR & FR Chandeliers, BQ grill, Flat Screen TV Family Rm, swingset
  • Directions: Mountain Avenue
  • I D: 4612312
  • First Name: LINDA
  • First Name2: PAMELA
  • First Name3: KIM
  • Last Name: PECK
  • Last Name2: GUMPORT
  • Last Name3: CANNON
  • Office Phone: 908-377-8036
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Drapes, StallShw, Walk-In Closet, Fire Alarm Sys, Security System, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Full, Finished-Partially
  • Basement Level Rooms: Storage Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 19x11
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 13x11
  • Other Room1 Level: Third
  • Other Room 2: Rec Room
  • Other Room2 Dim: 21x20
  • Other Room2 Level: Basement
  • Other Room 3: Storage Room
  • Other Room3 Dim: 10x6
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 10x4
  • Other Room4 Level: Basement
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Foyer, Dining Room
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Laundry Room, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Attic
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Wood Fence, Thermal Windows/Doors, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam, Radiant - Electric
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 0.272
  • Easement: Unknown
  • Lot Description: Open Lot, Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.27
  • Zoning: Residential

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: 11204
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04502-0000-00025-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Brayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Aug 15, 2016
Sold by
Jeffrey W Somerlot
Bought by
Barreneche Charles and Steele Kari
Seller's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$830,000
Sold Price
$901,000
Premium/Discount to List
$71,000
8.55%
Current Estimated Value
$1,524,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,049
Avg. Annual Appreciation
5.73%
Original Mortgage
$505,001
Outstanding Balance
$402,541
Interest Rate
3.45%
Estimated Equity
$1,121,508

Purchase Details

Closed on
Aug 15, 2008
Sold by
Spooner Paul B
Bought by
Somerlot Jeffrey W and Kohut Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,750
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1994
Sold by
Gero Ann Elizabeth
Bought by
Spooner Paul B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Barreneche Charles -- --
Somerlot Jeffrey W $575,000 Fidelity Natl Title Ins Co
Spooner Paul B $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barreneche Charles $505,001
Closed Barreneche Charles --
Previous Owner Somerlot Jeffrey W $488,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $901,000 +8.6% $466 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $830,000 -- $429 / 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 $15,555 $357,100 $164,000 $193,100
2024 $15,452 $357,100 $164,000 $193,100
2023 $15,452 $357,100 $164,000 $193,100
2022 $15,295 $357,100 $164,000 $193,100
2021 $15,416 $357,100 $164,000 $193,100
2020 $15,570 $357,100 $164,000 $193,100
2019 $15,587 $357,100 $164,000 $193,100
2018 $15,487 $357,100 $164,000 $193,100
2017 $11,598 $265,700 $164,000 $101,700
2016 $11,428 $265,700 $164,000 $101,700
2015 $11,205 $265,700 $164,000 $101,700
2014 $10,915 $265,700 $164,000 $101,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3301335

Garden State MLS

APN: 18-04502-0000-00025