2901 Summit Ave Unit 2 Union City, NJ 07087
Estimated Value: $744,000 - $930,000
2
Beds
3
Baths
--
Sq Ft
3,049
Sq Ft Lot
About This Home
As of July 2022This home is located at 2901 Summit Ave Unit 2, Union City, NJ 07087 since 23 February 2022 and is currently estimated at $830,521. This property was built in 1908. 2901 Summit Ave Unit 2 is a home located in Hudson County with nearby schools including Robert Waters School, Sara M. Gilmore Academy, and Jose Marti Freshman Academy.
Last Agent to Sell the Property
EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 02/23/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,984
Year Built
- Built in 1908
Lot Details
- 3,049 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2022
Closed on
Jul 6, 2022
Sold by
Sanchez Leticia
Bought by
Cordero Lucila Sanchez and Maridno Wester Jimenez
Seller's Agent
Marcia Franco
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
WILMIN BAEZ-TERRERO
ACCESS HOME REALTY
List Price
$600,000
Sold Price
$660,000
Premium/Discount to List
$60,000
10%
Total Days on Market
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,521
Avg. Annual Appreciation
6.36%
Original Mortgage
$648,045
Outstanding Balance
$625,610
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$164,579
Purchase Details
Closed on
Jun 3, 2005
Sold by
Rios Carlos Garcia and Garcia Zulma
Bought by
Tolentino Norma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
5.3%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 31, 2001
Sold by
Chen Hsin Chu and Loh Lee Yung
Bought by
Rios Carlos Garcia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,307
Interest Rate
7.1%
Mortgage Type
FHA
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Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cordero Lucila Sanchez | $660,000 | -- | |
| Tolentino Norma | $405,000 | Chicago Title Insurance Co | |
| Garcia Carlos | $239,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cordero Lucila Sanchez | $648,045 | |
| Previous Owner | Tolentino Norma | $60,750 | |
| Previous Owner | Garcia Carlos | $293,335 | |
| Previous Owner | Rios Carlos Garcia | $234,211 | |
| Previous Owner | Rios Carlos Garcia | $234,228 | |
| Previous Owner | Garcia Carlos | $235,307 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2022 07/13/22 | Sold | $660,000 | +10.0% | -- |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- |
| 02/23/2022 02/23/22 | For Sale | $600,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $14,984 | $759,400 | $278,200 | $481,200 |
| 2023 | $14,984 | $194,900 | $102,600 | $92,300 |
| 2022 | $14,444 | $194,900 | $102,600 | $92,300 |
| 2021 | $14,393 | $194,900 | $102,600 | $92,300 |
| 2020 | $14,230 | $194,900 | $102,600 | $92,300 |
| 2019 | $13,844 | $194,900 | $102,600 | $92,300 |
| 2018 | $13,585 | $194,900 | $102,600 | $92,300 |
| 2017 | $13,456 | $194,900 | $102,600 | $92,300 |
| 2016 | $13,429 | $194,900 | $102,600 | $92,300 |
| 2015 | $12,700 | $194,900 | $102,600 | $92,300 |
| 2014 | $12,417 | $194,900 | $102,600 | $92,300 |
Source: Public Records
Agents Affiliated with this Home
-
Marcia Franco
Seller's Agent in 2022
Marcia Franco
EXIT REALTY LUCKY ASSOCIATES
(201) 486-3161
1 in this area
21 Total Sales
-
WILMIN BAEZ-TERRERO
Buyer's Agent in 2022
WILMIN BAEZ-TERRERO
ACCESS HOME REALTY
(201) 406-1902
2 in this area
54 Total Sales
Map
Source: Garden State MLS
MLS Number: 3765385
APN: 10-00158-0000-00011
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