NOT LISTED FOR SALE

20 Fernwood Rd Summit, NJ 07901

Estimated Value: $4,752,785 - $6,018,000

-- Bed
-- Bath
7,427 Sq Ft
$726/Sq Ft Est. Value

About This Home

This home is located at 20 Fernwood Rd, Summit, NJ 07901 and is currently estimated at $5,393,595, approximately $726 per square foot. 20 Fernwood Rd 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
May 31, 2008
Sold by
Mccullough Mitchell and Mccullough Pamela
Bought by
Kenney John M and Kenney Lizanne
Current Estimated Value
$5,393,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Gagnon Brian J and Gagnon Christian B
Bought by
Mccullough Mitchell and Mccullough Pamela

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
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1998
Sold by
Jones Lucian C and Jones Ann W
Bought by
Gagnon Brian J and Gagnon Christian B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Kenney John M $4,500,000 Chicago Title Insurance Co
Mccullough Mitchell $2,500,000 First American Title Ins Co
Gagnon Brian J $1,620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kenney John M $2,500,000
Previous Owner Mccullough Mitchell $1,100,000
Previous Owner Gagnon Brian J $900,000
Source: Public Records

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 $74,161 $1,702,500 $595,900 $1,106,600
2024 $73,667 $1,702,500 $595,900 $1,106,600
2023 $73,667 $1,702,500 $595,900 $1,106,600
2022 $72,918 $1,702,500 $595,900 $1,106,600
2021 $73,497 $1,702,500 $595,900 $1,106,600
2020 $67,580 $1,550,000 $595,900 $954,100
2019 $67,658 $1,550,000 $595,900 $954,100
2018 $67,224 $1,550,000 $595,900 $954,100
2017 $67,658 $1,550,000 $595,900 $954,100
2016 $71,156 $1,654,400 $595,900 $1,058,500
2015 $69,766 $1,654,400 $595,900 $1,058,500
2014 $67,963 $1,654,400 $595,900 $1,058,500
Source: Public Records

Map

New Jersey Union County Summit 07901

20 Fernwood Rd, Summit, NJ

Not Listed for Sale

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