2 West Ln Summit, NJ 07901
Estimated Value: $1,730,633 - $2,384,000
Studio
--
Bath
2,974
Sq Ft
$691/Sq Ft
Est. Value
About This Home
This home is located at 2 West Ln, Summit, NJ 07901 and is currently estimated at $2,055,908, approximately $691 per square foot. 2 West Ln 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2007
Sold by
Mcdonald Steven P and Mcdonald Marta B
Bought by
Kelly Peter P and Kelly Lorraine G
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
$1,010,000
Outstanding Balance
$608,632
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,447,276
Purchase Details
Closed on
Mar 27, 2000
Sold by
Radsch Richard T and Radsch Lee H
Bought by
Mcdonald Steven P and Mcdonald Marta B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.3%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kelly Peter P | $1,262,500 | None Available | |
| Mcdonald Steven P | $850,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kelly Peter P | $1,010,000 | |
| Previous Owner | Mcdonald Steven P | $300,000 |
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 | $26,092 | $599,000 | $293,300 | $305,700 |
| 2024 | $25,919 | $599,000 | $293,300 | $305,700 |
| 2023 | $25,919 | $599,000 | $293,300 | $305,700 |
| 2022 | $25,655 | $599,000 | $293,300 | $305,700 |
| 2021 | $25,859 | $599,000 | $293,300 | $305,700 |
| 2020 | $26,116 | $599,000 | $293,300 | $305,700 |
| 2019 | $26,146 | $599,000 | $293,300 | $305,700 |
| 2018 | $25,979 | $599,000 | $293,300 | $305,700 |
| 2017 | $26,146 | $599,000 | $293,300 | $305,700 |
| 2016 | $25,763 | $599,000 | $293,300 | $305,700 |
| 2015 | $25,260 | $599,000 | $293,300 | $305,700 |
| 2014 | $24,607 | $599,000 | $293,300 | $305,700 |
Source: Public Records
Map
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