NOT LISTED FOR SALE

38 Ascot Way Summit, NJ 07901

Estimated Value: $767,000 - $941,000

3 Beds
2 Baths
-- Sq Ft
0.3 Acres

Last Sold March 09, 2023

Last sale price $785,000

Est. 11% increase in value since last sale

Current estimated payment $5,733/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 $870,293. 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

  • $10,605

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

$10,605

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
$870,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,293
Avg. Annual Appreciation
6.97%
Original Mortgage
$585,000
Outstanding Balance
$570,408
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$344,942
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
Delprete Joseph M $785,000 Prestige Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delprete Joseph M $585,000
Previous Owner Guttman Jerome $150,000
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
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

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Map

Source: Garden State MLS

MLS Number: 3824698

Garden State MLS

APN: 18-04401-0000-00040