162 Springfield Ave Summit, NJ 07901
Estimated Value: $735,000 - $1,348,000
--
Bed
--
Bath
1,454
Sq Ft
$690/Sq Ft
Est. Value
About This Home
This home is located at 162 Springfield Ave, Summit, NJ 07901 and is currently estimated at $1,003,520, approximately $690 per square foot. 162 Springfield Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 3, 2012
Sold by
Gutierrez Bertrand M
Bought by
Gutierrez Rene A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$465,555
Interest Rate
2.75%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$537,965
Purchase Details
Closed on
Apr 16, 1998
Sold by
Wasserbach Lydia L
Bought by
Castellanos Carlos Enrique and Castellanos Helen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
11.87%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gutierrez Rene A | -- | Ridgeview Title & Settlement | |
| Castellanos Carlos Enrique | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gutierrez Rene A | $720,000 | |
| Closed | Castellanos Carlos Enrique | $195,500 |
Source: Public Records
Tax History Compared to Growth
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 | $12,049 | $276,600 | $179,400 | $97,200 |
| 2024 | $11,968 | $276,600 | $179,400 | $97,200 |
| 2023 | $11,968 | $276,600 | $179,400 | $97,200 |
| 2022 | $11,847 | $276,600 | $179,400 | $97,200 |
| 2021 | $11,941 | $276,600 | $179,400 | $97,200 |
| 2020 | $12,060 | $276,600 | $179,400 | $97,200 |
| 2019 | $12,074 | $276,600 | $179,400 | $97,200 |
| 2018 | $11,996 | $276,600 | $179,400 | $97,200 |
| 2017 | $12,074 | $276,600 | $179,400 | $97,200 |
| 2016 | $11,897 | $276,600 | $179,400 | $97,200 |
| 2015 | $11,414 | $276,600 | $179,400 | $97,200 |
| 2014 | $11,113 | $276,600 | $179,400 | $97,200 |
Source: Public Records
Map
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