NOT LISTED FOR SALE

16 Sheffield Rd Summit, NJ 07901

Estimated Value: $1,165,371 - $1,409,000

4 Beds
3 Baths
1,828 Sq Ft
$714/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $755,000 $413 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,849/month

15 Days on Market

About This Home

As of April 2018

This home is located at 16 Sheffield Rd, Summit, NJ 07901 since 13 February 2018 and is currently estimated at $1,304,843, approximately $713 per square foot. This property was built in 1956. 16 Sheffield Rd is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St. Rose of Lima School.

Last Agent to Sell the Property

ROBERT A. LUBECK

WOODWARD PROPERTIES Brokerage Phone: 908-598-0155 Listed on: 02/13/2018

Last Buyer's Agent

MARCIA HICKS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.29 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • County Name: Union
  • I D: 4777459
  • Attribution Contact: 908-598-0155
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 100X128
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Apr 3, 2018
Sold by
Wooh Michael and Wooh Peter Susan
Bought by
Basaman Christopher W and Basaman Traci D
Seller's Agent
ROBERT A. LUBECK
WOODWARD PROPERTIES
Buyer's Agent
MARCIA HICKS
WEICHERT REALTORS
List Price
$747,500
Sold Price
$755,000
Premium/Discount to List
$7,500
1%
Current Estimated Value
$1,304,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,843
Avg. Annual Appreciation
7.24%
Original Mortgage
$604,000
Outstanding Balance
$519,671
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$785,172

Purchase Details

Closed on
Sep 16, 2003
Sold by
Krell Ellen
Bought by
Wooh Michael and Wooh Peter Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 17, 1995
Sold by
Krell Mark J and Krell Ellen R
Bought by
Krell Ellen R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Basaman Christopher W $755,000 Multiple
Wooh Michael $525,000 --
Krell Ellen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basaman Christopher W $604,000
Previous Owner Wooh Michael $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2018 04/04/18 Sold $755,000 +1.0% $413 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $747,500 -- $409 / 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 $12,876 $313,600 $144,300 $169,300
2024 $12,791 $295,600 $144,300 $151,300
2023 $12,791 $295,600 $144,300 $151,300
2022 $12,761 $295,600 $144,300 $151,300
2021 $12,761 $295,600 $144,300 $151,300
2020 $12,225 $280,400 $144,300 $136,100
2019 $11,035 $252,800 $144,300 $108,500
2018 $10,964 $252,800 $144,300 $108,500
2017 $11,035 $252,800 $144,300 $108,500
2016 $10,873 $252,800 $144,300 $108,500
2015 $10,661 $252,800 $144,300 $108,500
2014 $10,385 $252,800 $144,300 $108,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    ROBERT A. LUBECK

    WOODWARD PROPERTIES

  • M

    Buyer's Agent in 2018

    MARCIA HICKS

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3447071

Garden State MLS

APN: 18-02401-0000-00006

New Jersey Union County Summit 07901

16 Sheffield Rd, Summit, NJ

Not Listed for Sale

Detached

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