NOT LISTED FOR SALE

28 Grove Terrace Summit, NJ 07901

Estimated Value: $991,000 - $1,653,000

Studio
-- Bath
2,200 Sq Ft
$567/Sq Ft Est. Value

About This Home

This home is located at 28 Grove Terrace, Summit, NJ 07901 and is currently estimated at $1,246,802, approximately $566 per square foot. 28 Grove Terrace is a home located in Union County with nearby schools including New Providence High School, Oak Knoll School of the Holy Child, and Kent Place School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Miller Daniel E and Miller Karen J
Bought by
Smith Brandon Scott and Tewarson Zarin S
Current Estimated Value
$1,246,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Outstanding Balance
$704,026
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$542,776

Purchase Details

Closed on
Apr 14, 2005
Sold by
Manville John T
Bought by
Miller Daniel E and Lust Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.95%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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Quantarium

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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
Smith Brandon Scott $925,000 Lijoi Peter B
Miller Daniel E $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brandon Scott $740,000
Previous Owner Miller Daniel E $80,000
Previous Owner Miller Daniel E $390,000
Source: Public Records

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 $15,130 $293,100 $133,000 $160,100
2024 $14,676 $293,100 $133,000 $160,100
2023 $14,676 $293,100 $133,000 $160,100
2022 $14,473 $293,100 $133,000 $160,100
2021 $14,368 $293,100 $133,000 $160,100
2020 $14,362 $293,100 $133,000 $160,100
2019 $14,274 $293,100 $133,000 $160,100
2018 $14,201 $293,100 $133,000 $160,100
2017 $12,778 $268,100 $133,000 $135,100
2016 $12,598 $268,100 $133,000 $135,100
2015 $12,424 $268,100 $133,000 $135,100
2014 $12,236 $268,100 $133,000 $135,100
Source: Public Records

Map

New Jersey Union County Summit 07901

28 Grove Terrace, Summit, NJ

Not Listed for Sale

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