NOT LISTED FOR SALE

17 Midland Terrace Summit, NJ 07901

Estimated Value: $1,562,000 - $1,806,000

4 Beds
3 Baths
1,529 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $1,610,000 $1,053 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,256/month

7 Days on Market

About This Home

As of June 2024

This home is located at 17 Midland Terrace, Summit, NJ 07901 since 16 April 2024 and is currently estimated at $1,652,602, approximately $1,080 per square foot. This property was built in 1933. 17 Midland Terrace 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

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/16/2024

Last Buyer's Agent

KELLY FINN POLISIN

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,424

Year Built

  • Built in 1933

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,424

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Year Built: 1933
  • County Name: Union
  • Street Number Display: 17
  • I D: 5279028
  • Modified: 2025-06-21
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .165
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 19, 2024
Sold by
Kim Ronald M and Maletic Milana M
Bought by
Finnegan Daniel and Levine Amanda
Seller's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Buyer's Agent
KELLY FINN POLISIN
PROMINENT PROPERTIES SIR
List Price
$1,375,000
Sold Price
$1,610,000
Premium/Discount to List
$235,000
17.09%
Views
44
Current Estimated Value
$1,652,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,602
Avg. Annual Appreciation
2.13%
Original Mortgage
$1,288,000
Outstanding Balance
$1,270,133
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$382,469

Purchase Details

Closed on
Jul 31, 2001
Sold by
Duryea D Darby and Duryea Laura Ann
Bought by
Kim Ronald M and Maletic Milana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.06%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 1998
Sold by
Zanelli Bartholomew T and Zanelli Courtney C
Bought by
Duryea D Darby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.37%

Purchase Details

Closed on
Nov 9, 1993
Sold by
Wilson Peter J
Bought by
Zanelli Bartholomew T and Zanelli Courtney C
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
Finnegan Daniel $1,610,000 Cortes & Hay Title
Finnegan Daniel $1,610,000 Cortes & Hay Title
Kim Ronald M $500,000 --
Duryea D Darby $435,000 --
Zanelli Bartholomew T $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finnegan Daniel $1,288,000
Closed Finnegan Daniel $1,288,000
Previous Owner Kim Ronald M $377,000
Previous Owner Kim Ronald M $385,000
Previous Owner Kim Ronald M $400,000
Previous Owner Duryea D Darby $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $1,610,000 +17.1% $1,053 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $1,375,000 -- $899 / 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 $17,424 $450,000 $196,500 $253,500
2024 $17,308 $400,000 $196,500 $203,500
2023 $17,308 $400,000 $196,500 $203,500
2022 $17,132 $400,000 $196,500 $203,500
2021 $17,268 $400,000 $196,500 $203,500
2020 $17,440 $400,000 $196,500 $203,500
2019 $17,460 $400,000 $196,500 $203,500
2018 $17,348 $400,000 $196,500 $203,500
2017 $17,460 $400,000 $196,500 $203,500
2016 $17,204 $400,000 $196,500 $203,500
2015 $16,868 $400,000 $196,500 $203,500
2014 $16,432 $400,000 $196,500 $203,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JILL BRAY

    PROMINENT PROPERTIES SIR

  • K

    Buyer's Agent in 2024

    KELLY FINN POLISIN

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3896372

Garden State MLS

APN: 18-04708-0000-00005

New Jersey Union County Summit 07901

17 Midland Terrace, Summit, NJ

This home is located at 17 Midland Terrace, Summit, NJ 07901 since 16 April 2024 and is currently estimated at $1,652,602, approximately $1,080 per square foot. This property was built in 1933. 17 Midland Terrace 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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