NOT LISTED FOR SALE

227 Ashland Rd Summit, NJ 07901

Estimated Value: $2,045,000 - $2,663,775

5 Beds
5 Baths
1,800 Sq Ft
$1,358/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $2,230,000 $1,239 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $16,050/month

17 Days on Market

About This Home

As of May 2023

This home is located at 227 Ashland Rd, Summit, NJ 07901 since 15 February 2023 and is currently estimated at $2,444,694, approximately $1,358 per square foot. This property was built in 2015. 227 Ashland Rd 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

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 02/15/2023

Co-Listed By

LINDA PECK

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

REBECCA MORANO

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,747

Year Built

  • Built in 2015

Lot Details

  • 0.39

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,747

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Year Built: 2015
  • County Name: Union
  • Street Number Display: 227
  • I D: 5203340
  • Modified: 2024-05-16
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .3903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 5, 2023
Sold by
Braver Andrew W and Braver Jacquelyn E
Bought by
Scarpelli Joseph Carl and Scarpelli Christie
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
REBECCA MORANO
PROMINENT PROPERTIES SIR
List Price
$1,995,000
Sold Price
$2,230,000
Premium/Discount to List
$235,000
11.78%
Views
79
Current Estimated Value
$2,444,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,694
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,638,000
Outstanding Balance
$1,596,522
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$887,331

Purchase Details

Closed on
May 22, 2020
Sold by
Shula Michael and Shula Shari
Bought by
Braver Andrew W and Braver Jacquelyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2017
Closed on
Jul 7, 2018
Sold by
Gianoncelli Deepinder
Bought by
Shula Michael and Shula Shari
Seller's Agent
KAREN HENDRIE
PROMINENT PROPERTIES SIR
Buyer's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
List Price
$2,100,000
Sold Price
$1,800,000
Premium/Discount to List
-$300,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Listed on
Dec 4, 2015
Closed on
Dec 1, 2015
Sold by
227 Ashland Road Llc% Mavrostomos
Bought by
Gianoncelli Deepinder
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$1,360,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2011
Sold by
Ashland Road Limited Liability Company
Bought by
227 Ashland Road Limited Liability Compa

Purchase Details

Closed on
Mar 7, 2008
Sold by
227 Ashland Road Llc
Bought by
Ashland Road Llc

Purchase Details

Closed on
Jan 14, 2005
Sold by
Paessler Richard
Bought by
227 Ashland Road Llc
Source: Public Records

Range of Values:

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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
Scarpelli Joseph Carl $2,230,000 Old Republic Title
Braver Andrew W $1,800,000 Westcor Land Title Ins Co
Shula Michael $1,800,000 Old Republic Natl Title Ins
Gianoncelli Deepinder $1,700,000 --
227 Ashland Road Limited Liability Compa -- None Available
Ashland Road Llc -- None Available
227 Ashland Road Llc $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarpelli Joseph Carl $1,638,000
Previous Owner Braver Andrew W $1,440,000
Previous Owner Gianoncelli Deepinder $1,360,000
Previous Owner 227 Ashland Road Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $2,230,000 +11.8% $1,239 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $1,995,000 +10.8% $1,108 / Sq Ft
07/20/2018 07/20/18 Sold $1,800,000 -14.3% $462 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $2,100,000 +23.5% $539 / Sq Ft
12/04/2015 12/04/15 Sold $1,700,000 -- $944 / 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 $32,747 $756,800 $165,200 $591,600
2023 $32,747 $756,800 $165,200 $591,600
2022 $32,414 $756,800 $165,200 $591,600
2021 $32,671 $756,800 $165,200 $591,600
2020 $32,996 $756,800 $165,200 $591,600
2019 $33,034 $756,800 $165,200 $591,600
2018 $32,822 $756,800 $165,200 $591,600
2017 $33,034 $756,800 $165,200 $591,600
2016 $32,550 $756,800 $165,200 $591,600
2015 $8,434 $200,000 $165,200 $34,800
2014 $8,216 $200,000 $165,200 $34,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • L

    Seller Co-Listing Agent in 2023

    LINDA PECK

    PROMINENT PROPERTIES SIR

  • R

    Buyer's Agent in 2023

    REBECCA MORANO

    PROMINENT PROPERTIES SIR

  • K

    Seller's Agent in 2018

    KAREN HENDRIE

    PROMINENT PROPERTIES SIR

  • W

    Seller Co-Listing Agent in 2018

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

  • R

    Buyer's Agent in 2018

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

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Map

Source: Garden State MLS

MLS Number: 3828949

Garden State MLS

APN: 18-05203-0000-00003

New Jersey Union County Summit 07901

227 Ashland Rd, Summit, NJ

This home is located at 227 Ashland Rd, Summit, NJ 07901 since 15 February 2023 and is currently estimated at $2,444,694, approximately $1,358 per square foot. This property was built in 2015. 227 Ashland Rd 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.

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