NOT LISTED FOR SALE

262 Summit Ave Bogota, NJ 07603

Estimated Value: $706,000 - $872,043

4 Beds
3 Baths
2,846 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $495,000 $174 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,621/month

14 Days on Market

About This Home

As of May 2022

Great investment opportunity. 2 family on corner lot with detached carport. Over 2800 s/f of living space. Hardwood floors. new kitchen cabinets, stone fireplace and new windows. Full attic with 3 additional rooms. Unfinished renovations throughout. Don't miss this!

Last Agent to Sell the Property

Tina Cernuda

RE/MAX Villa Realtors-North Bergen Listed on: 03/31/2022

RE/MAX Villa Realtors-North Bergen

Last Buyer's Agent

Aida Miksi-Sahdo

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,993

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00001 / 00047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,993

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-886-2008
  • MLS Status: Sold - Sold
  • Directions: Palisade to Fort Lee Rd to Summit
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: UNFINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Sep Heat

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 15993.0
  • Tax Block: 00047
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 18, 2022
Sold by
Lsf8 Master Participation Trust
Bought by
262 Summit Llc
Seller's Agent
Tina Cernuda
RE/MAX Villa Realtors-North Bergen
Buyer's Agent
Aida Miksi-Sahdo
Keller Williams Village Square Realty
List Price
$519,900
Sold Price
$495,000
Premium/Discount to List
-$24,900
-4.79%
Current Estimated Value
$780,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,600
Avg. Annual Appreciation
14.95%

Purchase Details

Closed on
May 29, 2018
Sold by
Saudino Michael
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Sep 25, 2003
Sold by
Tarquino Jhonny
Bought by
Webb Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.15%

Purchase Details

Closed on
Sep 28, 1995
Sold by
Est Raymond Becker
Bought by
Tarquino Johnny and Tarquino Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.89%
Mortgage Type
FHA
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
262 Summit Llc $495,000 Coastal Title
Us Bank Na Tr -- --
Webb Shawn $435,000 --
Tarquino Johnny $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Shawn $408,000
Previous Owner Tarquino Johnny $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $495,000 -4.8% $174 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $519,900 -- $183 / Sq Ft
Source: New Jersey 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 $16,166 $695,600 $235,000 $460,600
2024 $17,494 $695,600 $235,000 $460,600
2023 $16,330 $407,400 $140,000 $267,400
2022 $16,330 $386,500 $140,000 $246,500
2021 $15,993 $386,500 $140,000 $246,500
2020 $15,742 $386,500 $140,000 $246,500
2019 $15,530 $386,500 $140,000 $246,500
2018 $15,151 $386,500 $140,000 $246,500
2017 $14,687 $386,500 $140,000 $246,500
2016 $14,583 $386,500 $140,000 $246,500
2015 $14,413 $386,500 $140,000 $246,500
2014 $14,030 $386,500 $140,000 $246,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22010694

New Jersey MLS

APN: 04-00047-0000-00001