NOT LISTED FOR SALE

162 Mountain Ave Summit, NJ 07901

Estimated Value: $2,690,606 - $3,425,000

4 Beds
5 Baths
5,518 Sq Ft
$571/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $2,050,000 $372 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $20,778/month

About This Home

As of July 2015

This home is located at 162 Mountain Ave, Summit, NJ 07901 since 31 July 2015 and is currently estimated at $3,148,535, approximately $570 per square foot. This property was built in 1913. 162 Mountain 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

GAIL A MIDDLETON

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 07/31/2015

Last Buyer's Agent

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,255

Year Built

  • 1913

Lot Details

  • 0.57 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,255

Year Built

1913

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 162
  • I D: 4519811
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1913

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.569
  • Total Acres: 0.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2014
Sold by
Miller Dean E and Miller Lee Ann
Bought by
Guido Christopher A
Total Days on Market
0
Current Estimated Value
$3,148,535

Purchase Details

Closed on
Aug 1, 2007
Sold by
Feltes Thomas and Feltes Jennifer
Bought by
Miller Dean E and Miller Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2001
Sold by
First Union National Bank and Taft Anne D
Bought by
Feltes Thomas and Feltes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.13%
Mortgage Type
Credit Line Revolving
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
Guido Christopher A $2,044,575 Stewart Title Guaranty Co
Miller Dean E $2,820,000 New Jersey Title Ins Co
Feltes Thomas $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guido Christopher A $1,240,000
Closed Guido Christopher $1,200,000
Previous Owner Miller Dean E $1,500,000
Previous Owner Feltes Thomas $115,000
Previous Owner Feltes Thomas $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $2,050,000 -- $372 / 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
2024 $38,255 $884,100 $232,700 $651,400
2023 $38,255 $884,100 $232,700 $651,400
2022 $37,866 $884,100 $232,700 $651,400
2021 $38,167 $884,100 $232,700 $651,400
2020 $38,547 $884,100 $232,700 $651,400
2019 $38,591 $884,100 $232,700 $651,400
2018 $38,343 $884,100 $232,700 $651,400
2017 $38,591 $884,100 $232,700 $651,400
2016 $44,300 $1,030,000 $232,700 $797,300
2015 $50,596 $1,199,800 $232,700 $967,100
2014 $49,288 $1,199,800 $232,700 $967,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    GAIL A MIDDLETON

    KELLER WILLIAMS REALTY

  • R

    Buyer's Agent in 2015

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3207964

Garden State MLS

APN: 18-04802-0000-00016

New Jersey Union County Summit 07901

162 Mountain Ave, Summit, NJ

This home is located at 162 Mountain Ave, Summit, NJ 07901 since 31 July 2015 and is currently estimated at $3,148,535, approximately $570 per square foot. This property was built in 1913. 162 Mountain 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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