NOT LISTED FOR SALE

27 Walnut St Summit, NJ 07901

Estimated Value: $1,176,001 - $1,847,000

Studio
-- Bath
3,048 Sq Ft
$464/Sq Ft Est. Value

Last Sold September 22, 2017

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

Est. 59% increase in value since last sale

Current estimated payment $8,671/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 $1,412,750, approximately $463 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

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • I D: 4727380
  • 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
$1,412,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,750
Avg. Annual Appreciation
5.71%
Original Mortgage
$664,000
Outstanding Balance
$357,609
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,055,141

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:

--
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
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 $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $15,403 $353,600 $99,500 $254,100
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

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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

Not Listed for Sale

MultiFamily

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