20 Fernwood Rd Summit, NJ 07901
Estimated Value: $4,418,045 - $5,963,000
--
Bed
--
Bath
6,685
Sq Ft
$744/Sq Ft
Est. Value
About This Home
This home is located at 20 Fernwood Rd, Summit, NJ 07901 and is currently estimated at $4,971,015, approximately $743 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
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%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|
Open | Kenney John M | $2,500,000 | |
Closed | Kenney John M | $2,500,000 | |
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
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 |
---|---|---|---|---|
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
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