NOT LISTED FOR SALE

188 Summit Ave Summit, NJ 07901

Estimated Value: $3,610,000 - $3,942,000

6 Beds
6 Baths
4,742 Sq Ft
$801/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $1,685,000 $355 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $23,450/month

About This Home

As of August 2013

This home is located at 188 Summit Ave, Summit, NJ 07901 since 30 August 2013 and is currently estimated at $3,796,824, approximately $800 per square foot. 188 Summit 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.

Last Agent to Sell the Property

KARA THOMS

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 08/30/2013

Last Buyer's Agent

JILL M SMITH

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 0.69 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 4311149
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 100X300
  • Total Acres: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2013
Closed on
Aug 30, 2013
Sold by
Byrd Stephen C and Lord Jill Marie
Bought by
Smith Joshua and Smith Kristen
Seller's Agent
KARA THOMS
LOIS SCHNEIDER REALTOR
Buyer's Agent
JILL M SMITH
KELLER WILLIAMS REALTY
Sold Price
$1,685,000
Current Estimated Value
$3,796,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,111,824
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Feb 23, 2007
Sold by
Jones Geoffrey
Bought by
Byrd Stephen and Lord Jill Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Simpson Keppel M
Bought by
Jones Geoffrey C and Jones Caroline E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Simpson Keppel M
Bought by
Simpson Keppel M and Chalmers Judith S

Purchase Details

Closed on
Nov 25, 2002
Sold by
Britt Eugene
Bought by
Chalmers Judith and Simpson Keppel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
6.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Smith Joshua $1,685,000 Fidelity National Title Insu
Byrd Stephen $2,050,000 --
Jones Geoffrey C $1,950,000 --
Simpson Keppel M -- --
Chalmers Judith $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrd Stephen $1,000,000
Previous Owner Jones Geoffrey C $1,100,000
Previous Owner Chalmers Judith $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $1,685,000 -- $355 / 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 $43,394 $996,200 $462,500 $533,700
2024 $43,106 $996,200 $462,500 $533,700
2023 $43,106 $996,200 $462,500 $533,700
2022 $42,667 $996,200 $462,500 $533,700
2021 $43,006 $996,200 $462,500 $533,700
2020 $43,434 $996,200 $462,500 $533,700
2019 $43,484 $996,200 $462,500 $533,700
2018 $40,338 $930,100 $462,500 $467,600
2017 $40,599 $930,100 $462,500 $467,600
2016 $40,004 $930,100 $462,500 $467,600
2015 $39,222 $780,700 $462,500 $318,200
2014 $37,370 $909,700 $462,500 $447,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    KARA THOMS

    LOIS SCHNEIDER REALTOR

  • J

    Buyer's Agent in 2013

    JILL M SMITH

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3013787

Garden State MLS

APN: 18-02004-0000-00042

New Jersey Union County Summit 07901

188 Summit Ave, Summit, NJ

Not Listed for Sale

Detached

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