NOT LISTED FOR SALE

27 Russell Place Unit 2 Summit, NJ 07901

Estimated Value: $646,000 - $951,000

3 Beds
3 Baths
-- Sq Ft
0.33 Acres

Last Sold March 07, 2023

Last sale price $640,000

Est. 23% increase in value since last sale

Current estimated payment $5,095/month

14 Days on Market

About This Home

As of March 2023

This home is located at 27 Russell Place Unit 2, Summit, NJ 07901 since 09 February 2023 and is currently estimated at $785,073. This property was built in 2004. 27 Russell Place Unit 2 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

Suzanne Lear

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 02/09/2023

Last Buyer's Agent

Danielle Genovese

PREMIUMONE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,654

Year Built

  • Built in 2004

Lot Details

  • 0.33

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,654

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Year Built: 2004
  • County Name: Union
  • Street Number Display: 27
  • I D: 5202770
  • Modified: 2024-03-08
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 2, 2023
Sold by
Lin Fang Florence
Bought by
Kaira Real Estate Llc
Seller's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Buyer's Agent
Danielle Genovese
PREMIUMONE REALTY
List Price
$615,000
Sold Price
$640,000
Premium/Discount to List
$25,000
4.07%
Views
74
Current Estimated Value
$785,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,073
Avg. Annual Appreciation
11.09%

Purchase Details

Listed on
Aug 28, 2015
Closed on
Aug 10, 2015
Sold by
Facchinei Susan and Growney Richard
Bought by
Lin Fang Florence
Seller's Agent
MARCIA HICKS
WEICHERT REALTORS
Buyer's Agent
MAUREEN KAELIN
PROMINENT PROPERTIES SIR
Sold Price
$537,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%

Purchase Details

Closed on
Jun 17, 2010
Sold by
Prathy Praveen and Geedipalli Sasyasri
Bought by
Facchinei Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2009
Sold by
Picado Jose Eduardo
Bought by
Rosa Eva Alicia

Purchase Details

Closed on
May 31, 2008
Sold by
Parisi Wayne
Bought by
Prathy Praveen and Geedipalli Sasyasri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,800
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2006
Sold by
Parisi Builders Inc
Bought by
Parisi Wayne

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
6.26%
Source: Public Records

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Range of Values:

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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
Kaira Real Estate Llc $640,000 --
Lin Fang Florence $537,500 Agent For Chicago Title Ins
Facchinei Susan $430,000 Chicago Title Insurance Co
Rosa Eva Alicia -- None Available
Prathy Praveen $431,000 Multiple
Parisi Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Facchinei Susan $300,000
Previous Owner Prathy Praveen $344,800
Previous Owner Parisi Wayne $350,000
Previous Owner Rosa Eva Alicia $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $640,000 +4.1% --
02/23/2023 02/23/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $615,000 +14.4% --
08/28/2015 08/28/15 Sold $537,500 -- --
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 $8,654 $214,100 $75,400 $138,700
2023 $8,654 $200,000 $75,400 $124,600
2022 $8,566 $200,000 $75,400 $124,600
2021 $8,634 $200,000 $75,400 $124,600
2020 $8,720 $200,000 $75,400 $124,600
2019 $8,730 $200,000 $75,400 $124,600
2018 $8,674 $200,000 $75,400 $124,600
2017 $8,730 $200,000 $75,400 $124,600
2016 $8,602 $200,000 $75,400 $124,600
2015 $8,434 $200,000 $75,400 $124,600
2014 -- $200,000 $75,400 $124,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3828068

Garden State MLS

APN: 18-04209-0000-00009-02