NOT LISTED FOR SALE

26 Edison Dr Summit, NJ 07901

Estimated Value: $723,481 - $1,022,000

3 Beds
2 Baths
1,188 Sq Ft
$743/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $526,000 $443 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,037/month

14 Days on Market

About This Home

As of July 2017

This home is located at 26 Edison Dr, Summit, NJ 07901 since 09 May 2017 and is currently estimated at $882,120, approximately $742 per square foot. This property was built in 1949. 26 Edison Dr is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St James The Apostle School.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,841 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • County Name: Union
  • I D: 4711898
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.177
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Jul 17, 2017
Sold by
Cook Michael and Cook Kristin
Bought by
Lenamon Jeffrey B
List Price
$479,000
Sold Price
$526,000
Premium/Discount to List
$47,000
9.81%
Current Estimated Value
$841,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,150
Avg. Annual Appreciation
6.33%
Original Mortgage
$420,800
Outstanding Balance
$349,710
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$532,410

Purchase Details

Closed on
Sep 24, 2008
Sold by
Sussman Julie A
Bought by
Cook Michael and Cook Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2000
Sold by
Cosgrove Judith R
Bought by
Sussman Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
7.94%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Cosgrove Terry E and Cosgrove Judith R
Bought by
Cosgrove Judith R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lenamon Jeffrey B $526,000 Acres Land Title Agency Llc
Cook Michael $389,900 None Available
Sussman Julie A $286,000 --
Cosgrove Judith R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenamon Jeffrey B $420,800
Previous Owner Cook Michael $350,000
Previous Owner Sussman Julie A $228,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $526,000 +9.8% $443 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $479,000 -- $403 / 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
2025 $7,714 $177,100 $92,600 $84,500
2024 $7,663 $177,100 $92,600 $84,500
2023 $7,663 $177,100 $92,600 $84,500
2022 $7,585 $177,100 $92,600 $84,500
2021 $7,645 $177,100 $92,600 $84,500
2020 $7,722 $177,100 $92,600 $84,500
2019 $7,730 $177,100 $92,600 $84,500
2018 $7,681 $177,100 $92,600 $84,500
2017 $7,730 $177,100 $92,600 $84,500
2016 $7,617 $177,100 $92,600 $84,500
2015 $7,468 $177,100 $92,600 $84,500
2014 $7,275 $177,100 $92,600 $84,500
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3386644

Garden State MLS

APN: 18-03910-0000-00018

New Jersey Union County Summit 07901

26 Edison Dr, Summit, NJ

Not Listed for Sale

Detached

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