NOT LISTED FOR SALE

3 Irving Place Summit, NJ 07901

Estimated Value: $1,078,000 - $1,366,000

-- Bed
-- Bath
2,487 Sq Ft
$487/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $1,000,000 $402 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,661/month

About This Home

As of August 2021

This home is located at 3 Irving Place, Summit, NJ 07901 since 31 August 2021 and is currently estimated at $1,212,319, approximately $487 per square foot. This property was built in 1898. 3 Irving Place 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 Listed By

NATALYA PRICE

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 08/31/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,280

Year Built

  • Built in 1898

Lot Details

  • 4,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,280

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Year Built: 1898
  • County Name: Union
  • Street Number Display: 3
  • I D: 5100326
  • Modified: 2022-09-01
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 48X88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Aug 13, 2021
Sold by
Barnes Stephen and Barnes Robyn
Bought by
Samay Scott and Samay Susan
Seller's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
Buyer's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Total Days on Market
0
Current Estimated Value
$1,212,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,319
Avg. Annual Appreciation
5.93%
Original Mortgage
$800,000
Outstanding Balance
$739,599
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$497,867

Purchase Details

Listed on
Oct 16, 2015
Closed on
Oct 13, 2015
Sold by
Carnevale Anthony and Carnevale Salvatore
Bought by
Barnes Stephen and Barnes Robyn
Buyer's Agent
MITCHELL ALLERTON
BHHS FOX & ROACH
Sold Price
$557,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$80,000
Interest Rate
3.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 26, 2002
Sold by
Gusman Conchita
Bought by
Carnevale Anthony and Carnevale Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.24%

Range of Values:

Collateral Analytics

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ICE

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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
Samay Scott $1,000,000 Allied Title Llc
Barnes Stephen $557,500 --
Carnevale Anthony $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samay Scott $800,000
Previous Owner Barnes Stephen $152,200
Previous Owner Barnes Stephen $79,000
Previous Owner Barnes Stephen $80,000
Previous Owner Carnevale Anthony $250,000
Previous Owner Carnevale Anthony $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $1,000,000 +0.1% $402 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $999,000 +79.2% $402 / Sq Ft
10/16/2015 10/16/15 Sold $557,500 -- $224 / 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 $11,280 $260,700 $109,100 $151,600
2023 $11,280 $260,700 $109,100 $151,600
2022 $11,166 $260,700 $109,100 $151,600
2021 $11,254 $260,700 $109,100 $151,600
2020 $11,367 $260,700 $109,100 $151,600
2019 $11,380 $260,700 $109,100 $151,600
2018 $11,307 $260,700 $109,100 $151,600
2017 $10,223 $234,200 $109,100 $125,100
2016 $10,073 $234,200 $109,100 $125,100
2015 $9,876 $234,200 $109,100 $125,100
2014 $9,621 $234,200 $109,100 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3737925

Garden State MLS

APN: 18-02613-0000-00004