NOT LISTED FOR SALE

27 Walnut St Summit, NJ 07901

Estimated Value: $1,098,095 - $1,741,000

-- Bed
-- Bath
3,048 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $890,000 $292 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,707/month

15 Days on Market

About This Home

As of September 2017

This home is located at 27 Walnut St, Summit, NJ 07901 since 25 July 2017 and is currently estimated at $1,352,274, approximately $443 per square foot. This property was built in 1920. 27 Walnut St 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 Buyer's Agent

DOREEN PITT

BHHS FOX & ROACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,300

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,300

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • Street Number Display: 27
  • I D: 4727380
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 609-688-9900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 0.143
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Sep 22, 2017
Sold by
Penn Angela and Penn Christina
Bought by
He Kevin Wei Rong and Liu Baixiu
Buyer's Agent
DOREEN PITT
BHHS FOX & ROACH
List Price
$899,999
Sold Price
$890,000
Premium/Discount to List
-$9,999
-1.11%
Current Estimated Value
$1,352,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,274
Avg. Annual Appreciation
6.23%
Original Mortgage
$664,000
Outstanding Balance
$379,649
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,045,675

Purchase Details

Closed on
Sep 7, 2006
Sold by
Carfaro Frank N
Bought by
Penn Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 1999
Sold by
Carfaro Frank N
Bought by
Carfaro Frank N
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
He Kevin Wei Rong $890,000 Old Republic National Title
Penn Angela $675,000 --
Carfaro Frank N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Kevin Wei Rong $664,000
Previous Owner Penn Angela $467,000
Previous Owner Penn Angela $489,850
Previous Owner Penn Angela $480,000
Previous Owner Crafaro Frank N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $890,000 -1.1% $292 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $899,999 -- $295 / 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 $15,300 $353,600 $99,500 $254,100
2023 $15,300 $353,600 $99,500 $254,100
2022 $15,145 $353,600 $99,500 $254,100
2021 $15,265 $353,600 $99,500 $254,100
2020 $15,417 $353,600 $99,500 $254,100
2019 $15,435 $353,600 $99,500 $254,100
2018 $15,336 $353,600 $99,500 $254,100
2017 $10,856 $248,700 $99,500 $149,200
2016 $10,697 $248,700 $99,500 $149,200
2015 $10,488 $248,700 $99,500 $149,200
2014 $10,217 $248,700 $99,500 $149,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Buyer's Agent in 2017

    DOREEN PITT

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3406341

Garden State MLS

APN: 18-03309-0000-00006

New Jersey Union County Summit 07901

27 Walnut St, Summit, NJ

This home is located at 27 Walnut St, Summit, NJ 07901 since 25 July 2017 and is currently estimated at $1,352,274, approximately $443 per square foot. This property was built in 1920. 27 Walnut St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes