NOT LISTED FOR SALE

245 Summit Ave Summit, NJ 07901

Estimated Value: $3,802,000 - $4,423,000

7 Beds
7 Baths
2,624 Sq Ft
$1,540/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $2,650,000 $1,010 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $25,338/month

About This Home

As of October 2015

This home is located at 245 Summit Ave, Summit, NJ 07901 since 21 October 2015 and is currently estimated at $4,042,248, approximately $1,540 per square foot. This property was built in 2015. 245 Summit Ave 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.

Last Agent to Sell the Property

DIANE TERRY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 10/21/2015

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.7

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Year Built: 2015
  • County Name: Union
  • I D: 4538577
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.10

Lot Info

  • Lot Size: 154X199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2015
Closed on
Oct 21, 2015
Sold by
Sunset Developers Summit245 Llc
Bought by
Minton Lee W and Minton Jana M
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Sold Price
$2,650,000
Current Estimated Value
$4,042,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,392,248
Avg. Annual Appreciation
4.22%

Purchase Details

Listed on
Feb 28, 2014
Closed on
Feb 28, 2014
Sold by
Diaz Felipe and Diaz Claudia
Bought by
Sunset Developers Summit 245 Llc
Seller's Agent
JODY UDELSMAN
WEINIGER REALTY
Buyer's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Sold Price
$771,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.21%

Purchase Details

Listed on
Feb 28, 2014
Closed on
Jan 31, 2014
Sold by
Kessler Naomi B
Bought by
Diaz Felipe and Diaz Claudia
Seller's Agent
JODY UDELSMAN
WEINIGER REALTY
Buyer's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Sold Price
$771,500

Purchase Details

Closed on
Feb 13, 2003
Sold by
Kessler Edward
Bought by
Kessler Naomi
Source: Public Records

Range of Values:

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

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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
Minton Lee W $2,650,000 --
Sunset Developers Summit 245 Llc -- Agent For Chicago Title Ins
Diaz Felipe $771,500 Agent For Chicago Title Ins
Kessler Naomi -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2015 10/21/15 Sold $2,650,000 +243.5% $1,010 / Sq Ft
02/28/2014 02/28/14 Sold $771,500 -- $294 / Sq Ft View Prior Sale
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
2025 $50,669 $1,163,200 $314,200 $849,000
2024 $50,332 $1,163,200 $314,200 $849,000
2023 $50,332 $1,163,200 $314,200 $849,000
2022 $49,820 $1,163,200 $314,200 $849,000
2021 $50,215 $1,163,200 $314,200 $849,000
2020 $50,716 $1,163,200 $314,200 $849,000
2019 $50,774 $1,163,200 $314,200 $849,000
2018 $50,448 $1,163,200 $314,200 $849,000
2017 $50,774 $1,163,200 $314,200 $849,000
2016 $50,029 $1,163,200 $314,200 $849,000
2015 $13,250 $314,200 $314,200 $0
2014 $17,467 $425,200 $314,200 $111,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • S

    Buyer's Agent in 2015

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • J

    Seller's Agent in 2014

    JODY UDELSMAN

    WEINIGER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3226343

Garden State MLS

APN: 18-02105-0000-00015

New Jersey Union County Summit 07901

245 Summit Ave, Summit, NJ

Not Listed for Sale

Detached

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