NOT LISTED FOR SALE

272 Springfield Ave Summit, NJ 07901

Estimated Value: $1,839,000 - $2,141,000

4 Beds
4 Baths
2,681 Sq Ft
$750/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2023

Last sale price $1,721,000 $642 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,466 / mo

9 Days on Market

About This Home

As of April 2023

This home is located at 272 Springfield Ave, Summit, NJ 07901 since 15 February 2023 and is currently estimated at $2,011,848, approximately $750 per square foot. This property was built in 1868. 272 Springfield Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 02/15/2023

Last Buyer's Agent

Amy Paternite

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1868

Lot Details

  • 0.34

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1868

Lot Details

0.34 Acres

Listing Details

  • Year Built: 1868
  • County Name: Union
  • I D: 5187131
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 29, 2023
Sold by
Bought by
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Amy Paternite
COLDWELL BANKER REALTY
List Price
$1,449,000
Sold Price
$1,721,000
Premium/Discount to List
$272,000
18.77%
Views
18
Current Estimated Value
$2,011,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,848
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,000,000
Outstanding Balance
$965,412
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,046,436

Purchase Details

Closed on
Nov 6, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 27, 2012
Closed on
Jun 25, 2012
Sold by
Bought by
Seller's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Sold Price
$1,251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Oct 2, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,721,000 Westcor Land Title
$1,721,000 Westcor Land Title
-- --
$1,251,000 --
$610,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed $1,000,000
Previous Owner $500,000
Previous Owner $488,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2023 04/03/23 Sold $1,721,000 +18.8% $642 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $1,449,000 +15.8% $540 / Sq Ft
06/27/2012 06/27/12 Sold $1,251,000 -- $467 / Sq Ft View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,319 $443,500 $145,400 $298,100
2024 $17,459 $443,500 $145,400 $298,100
2023 $17,459 $403,500 $145,400 $258,100
2022 $17,282 $403,500 $145,400 $258,100
2021 $17,419 $403,500 $145,400 $258,100
2020 $17,593 $403,500 $145,400 $258,100
2019 $17,613 $403,500 $145,400 $258,100
2018 $17,500 $403,500 $145,400 $258,100
2017 $17,613 $403,500 $145,400 $258,100
2016 $17,355 $403,500 $145,400 $258,100
2015 $17,016 $403,500 $145,400 $258,100
2014 $16,576 $403,500 $145,400 $258,100
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2023

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    86 in this area

    141 Total Sales

    Kim Cannon
    Section Image
  • Amy Paternite

    Buyer's Agent in 2023

    Amy Paternite

    COLDWELL BANKER REALTY

    (917) 442-5130

    2 in this area

    153 Total Sales

    Amy Paternite
    Section Image

  • B

    Buyer Co-Listing Agent in 2023

    BENJAMIN GARRISON

    COLDWELL BANKER REALTY

  • C

    Seller's Agent in 2012

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

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Map

Source: Garden State MLS

MLS Number: 3828929

Garden State MLS

APN: 18-02612-0000-00008

New Jersey Union County Summit 07901

272 Springfield Ave, Summit, NJ

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