NOT LISTED FOR SALE

38 Ascot Way Summit, NJ 07901

Estimated Value: $894,000 - $1,004,000

3 Beds
2 Baths
-- Sq Ft
0.3 Acres

Last Sold March 09, 2023

Last sale price $785,000

Est. 21% increase in value since last sale

Current estimated payment $5,937/month

5 Days on Market

About This Home

As of March 2023

This home is located at 38 Ascot Way, Summit, NJ 07901 since 17 January 2023 and is currently estimated at $952,047. This property was built in 1959. 38 Ascot Way is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

KAREN LYMAN

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 01/17/2023

Last Buyer's Agent

JOSEPH DEL PRETE

ERA SUBURB REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,677

Year Built

  • Built in 1959

Lot Details

  • 0.3

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,677

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Union
  • Street Number Display: 38
  • I D: 5196939
  • Modified: 2024-03-10
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: .305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 2, 2023
Sold by
Gunman Jerome E and Gunman Cathy E
Bought by
Delprete Joseph M and Mauro Magan
Seller's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
Buyer's Agent
JOSEPH DEL PRETE
ERA SUBURB REALTY
List Price
$745,000
Sold Price
$785,000
Premium/Discount to List
$40,000
5.37%
Views
57
Current Estimated Value
$952,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,047
Avg. Annual Appreciation
7.86%
Original Mortgage
$585,000
Outstanding Balance
$567,253
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$384,794
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Delprete Joseph M $785,000 Prestige Title
Delprete Joseph M $785,000 Prestige Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delprete Joseph M $585,000
Closed Delprete Joseph M $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $785,000 +5.4% --
01/26/2023 01/26/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $745,000 -- --
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 $10,677 $280,600 $140,300 $140,300
2024 $10,605 $245,100 $140,300 $104,800
2023 $10,605 $245,100 $140,300 $104,800
2022 $10,498 $245,100 $140,300 $104,800
2021 $10,581 $245,100 $140,300 $104,800
2020 $10,686 $245,100 $140,300 $104,800
2019 $10,699 $245,100 $140,300 $104,800
2018 $10,630 $245,100 $140,300 $104,800
2017 $10,699 $245,100 $140,300 $104,800
2016 $10,542 $245,100 $140,300 $104,800
2015 $10,336 $245,100 $140,300 $104,800
2014 $10,069 $245,100 $140,300 $104,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KAREN LYMAN

    PROMINENT PROPERTIES SIR

  • J

    Buyer's Agent in 2023

    JOSEPH DEL PRETE

    ERA SUBURB REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3824698

Garden State MLS

APN: 18-04401-0000-00040

New Jersey Union County Summit 07901

38 Ascot Way, Summit, NJ

This home is located at 38 Ascot Way, Summit, NJ 07901 since 17 January 2023 and is currently estimated at $952,047. This property was built in 1959. 38 Ascot Way is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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