NOT LISTED FOR SALE

37 Russell Place Summit, NJ 07901

Estimated Value: $563,000 - $755,000

3 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $505,000

Est. 32% increase in value since last sale

Current estimated payment $4,294/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Home Office
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • 5-minute walk to Edison Recreation Center

About This Home

As of October 2021

Amazing opportunity to own in Summit! Home with lots of potential located minutes from Overlook Hospital, Train Station, & Downtown Summit! This 3 Bedroom Home offers lots of space and potential to create a great home or great investment. 10 Year Old Central A/C, Updated 200 Amp Electrical, & Roof gives this home the bones to build off of. Spacious deck and backyard will be sure to please.

Last Agent to Sell the Property

FREDERICO VIEGAS

SKY REALTY ASSOCIATES Listed on: 07/07/2021

Last Buyer's Agent

FREDERICO VIEGAS

SKY REALTY ASSOCIATES Listed on: 07/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,163

Year Built

  • Built in 1990

Lot Details

  • Flag Lot
  • Property is zoned R5 Zone

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Storm Doors
  • Partially Finished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04210-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,163

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1990
  • Year Built Description: Approximate
  • County Name: Union
  • Possible Other Uses: Multi-Family
  • Street Number Display: 37
  • Directions: Morris Ave to Russel Place
  • I D: 5086609
  • Modified: 2022-10-13
  • Number Images: 5
  • First Name: FREDERICO
  • First Name3: FREDERICO
  • Last Name: VIEGAS
  • Last Name3: VIEGAS
  • Office Phone: 973-344-7770
  • Office Phone3: 973-344-7770
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Office, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Screened Patio/Porch
  • Other Room3 Level: First
  • Phone: 973-344-8880

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Enclosed Porch(es), Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .140
  • Assessed Improvement Value: 67500
  • Assessed Land Value: 96800
  • Assessment: 164300
  • Lot Description: Flag Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: R5 Zone

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7163
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04210-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Oct 12, 2021
Sold by
Horn Geraldine and Estate Of George W Douglas
Bought by
Perez Luisa A
Seller's Agent
FREDERICO VIEGAS
SKY REALTY ASSOCIATES
Buyer's Agent
FREDERICO VIEGAS
SKY REALTY ASSOCIATES
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Total Days on Market
35
Current Estimated Value
$664,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,527
Avg. Annual Appreciation
9.40%
Original Mortgage
$353,500
Outstanding Balance
$325,836
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$377,570
Source: Public Records

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Range of Values:

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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
Perez Luisa A $505,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Luisa A $353,500
Previous Owner Douglas George $544,185
Previous Owner Douglas George $71,000
Previous Owner Douglas George $26,273
Previous Owner Douglas George $57,449
Previous Owner Douglas George $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $505,000 +1.2% --
08/11/2021 08/11/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $499,000 -- --
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
2024 $7,109 $164,300 $96,800 $67,500
2023 $7,109 $164,300 $96,800 $67,500
2022 $7,037 $164,300 $96,800 $67,500
2021 $7,093 $164,300 $96,800 $67,500
2020 $7,163 $164,300 $96,800 $67,500
2019 $7,172 $164,300 $96,800 $67,500
2018 $7,126 $164,300 $96,800 $67,500
2017 $7,172 $164,300 $96,800 $67,500
2016 $7,067 $164,300 $96,800 $67,500
2015 $6,679 $164,300 $96,800 $67,500
2014 $6,499 $164,300 $96,800 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3725708

Garden State MLS

APN: 18-04210-0000-00003