NOT LISTED FOR SALE

302 Springfield Ave Summit, NJ 07901

Estimated Value: $813,000 - $1,782,000

Studio
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 16, 2013

Last sale price $550,000

Est. 131% increase in value since last sale

Current estimated payment $7,913/month

About This Home

As of May 2013

This home is located at 302 Springfield Ave, Summit, NJ 07901 since 16 May 2013 and is currently estimated at $1,271,260. This property was built in 1870. 302 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 Buyer's Agent

David Barbosa

DAVID REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Year Built: 1870
  • County Name: Union
  • I D: 4293883
  • Attribution Contact: 973-377-4400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 44X106
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Apr 30, 2013
Sold by
Sammarone Clementina
Bought by
Summit I Realty Llc
Buyer's Agent
David Barbosa
DAVID REALTY GROUP LLC
Sold Price
$550,000
Current Estimated Value
$1,271,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,260
Avg. Annual Appreciation
6.85%
Original Mortgage
$300,000
Outstanding Balance
$62,854
Interest Rate
2.78%
Mortgage Type
New Conventional
Estimated Equity
$1,208,406
Source: Public Records

Range of Values:

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

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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
Summit I Realty Llc $550,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summit I Realty Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2013 05/16/13 Sold $550,000 -- --
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 $15,194 $377,700 $100,900 $276,800
2024 $15,093 $348,800 $100,900 $247,900
2023 $15,093 $348,800 $100,900 $247,900
2022 $14,939 $348,800 $100,900 $247,900
2021 $15,058 $348,800 $100,900 $247,900
2020 $15,208 $348,800 $100,900 $247,900
2019 $15,225 $348,800 $100,900 $247,900
2018 $13,904 $320,600 $100,900 $219,700
2017 $13,994 $320,600 $100,900 $219,700
2016 $13,789 $320,600 $100,900 $219,700
2015 $13,520 $320,600 $100,900 $219,700
2014 $13,170 $320,600 $100,900 $219,700
Source: Public Records

Agents Affiliated with this Home

  • David Barbosa

    Buyer's Agent in 2013

    David Barbosa

    DAVID REALTY GROUP LLC

    (908) 264-8843

    23 Total Sales

    David Barbosa
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Map

Source: Garden State MLS

MLS Number: 2998226

Garden State MLS

APN: 18-02613-0000-00013

New Jersey Union County Summit 07901

302 Springfield Ave, Summit, NJ

Not Listed for Sale

MultiFamily

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