$674,000
SOLD OCT 2, 2013

225 Mountain Ave Summit, NJ 07901

3 Beds
3 Baths
2,064 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

About This Home

As of January 2016

This home is located at 225 Mountain Ave, Summit, NJ 07901 and is currently priced at $674,000, approximately $326 per square foot. This property was built in 1981. 225 Mountain Ave 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

NATALIE LEIGHTON

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 10/02/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,669

Year Built

  • Built in 1981

Lot Details

  • 9,148 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,669

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • County Name: Union
  • Street Number Display: 225
  • I D: 4352327
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.213
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jan 11, 2016
Sold by
Bolton Robert and Bolton Sasha P
Bought by
Terner Dmitry and Terner Sofia
Seller's Agent
NATALIE LEIGHTON
KELLER WILLIAMS REALTY
Buyer's Agent
SHIRA ROST
COMPASS NEW JERSEY, LLC
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Current Estimated Value
$1,576,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,523
Avg. Annual Appreciation
6.63%
Original Mortgage
$580,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2013
Closed on
Sep 30, 2013
Sold by
Gershon Stuart Weinberg and Gershon Knight Diana
Bought by
Bolton Robert and Prince Bolton Sasha
Seller's Agent
NATALIE LEIGHTON
KELLER WILLIAMS REALTY
Sold Price
$674,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$616,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 6, 2000
Sold by
Chin Gary D and Chin Anne M
Bought by
Lovell Ethan and Bassoff Leah
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $725,000 --
Deed $685,000 Stewart Title Guaranty Co
Bargain Sale Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $286,000 New Conventional
Open $525,056 New Conventional
Closed $580,000 New Conventional
Previous Owner $616,500 Adjustable Rate Mortgage/ARM
Previous Owner $542,000 Adjustable Rate Mortgage/ARM
Previous Owner $114,000 Credit Line Revolving
Previous Owner $596,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $725,000 -6.5% $351 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $775,000 +15.0% $375 / Sq Ft
10/02/2013 10/02/13 Sold $674,000 -- $327 / 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
2024 $14,669 $339,000 $172,200 $166,800
2023 $14,669 $339,000 $172,200 $166,800
2022 $14,519 $339,000 $172,200 $166,800
2021 $14,635 $339,000 $172,200 $166,800
2020 $14,780 $339,000 $172,200 $166,800
2019 $14,130 $323,700 $172,200 $151,500
2018 $14,039 $323,700 $172,200 $151,500
2017 $14,130 $323,700 $172,200 $151,500
2016 $13,518 $314,300 $172,200 $142,100
2015 $13,254 $314,300 $172,200 $142,100
2014 $12,911 $314,300 $172,200 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3053622

Garden State MLS

APN: 18-04708-0000-00008