$920,000
SOLD JAN 23, 2025

38 Lewis Ave Summit, NJ 07901

3 Beds
2 Baths
1,298 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$709 Per Sq Ft

12% Above List Price

9 Days on Market

About This Home

As of January 2025

This home is located at 38 Lewis Ave, Summit, NJ 07901 and is currently priced at $920,000, approximately $708 per square foot. This property was built in 1923. 38 Lewis 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 Agent to Sell the Property

WINIFRED CAVAZINI

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 11/13/2024

Co-Listed By

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

LAURIE GERARD

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 6,534 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • County Name: Union
  • I D: 5324283
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X135
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Jan 17, 2025
Sold by
Solano Brian and Solano Teresa
Bought by
Pasupulati Hemachandran Suryanarayanan and Pasupulati Aswini Vijayaragavan
Seller's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
Buyer's Agent
LAURIE GERARD
COLDWELL BANKER REALTY
List Price
$819,000
Sold Price
$920,000
Premium/Discount to List
$101,000
12.33%
Views
61
Current Estimated Value
$964,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,044
Avg. Annual Appreciation
5.27%
Original Mortgage
$736,000
Outstanding Balance
$715,123
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
$248,921

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jun 7, 2016
Sold by
Pedro Alfaro
Bought by
Solano Brian and Solano Teresa
Seller's Agent
FLOR VARGAS
WEICHERT REALTORS
Buyer's Agent
FLOR VARGAS
WEICHERT REALTORS
List Price
$549,000
Sold Price
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$494,100
Interest Rate
3.66%

Purchase Details

Closed on
Nov 24, 2004
Sold by
Barquero Mario
Bought by
Alfaro Pedro and Alfaro Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.69%

Purchase Details

Closed on
Apr 26, 2001
Sold by
Horn Jeffrey and Horn Katharine
Bought by
Barquero Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
Grillo Marie C and Grillo Robert W
Bought by
Horn Jeffrey and Horn Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,424
Interest Rate
6.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $920,000 Chicago Title
Bargain Sale Deed $920,000 Chicago Title
Deed -- --
Deed $410,000 --
Bargain Sale Deed $247,000 --
Bargain Sale Deed $189,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $736,000 New Conventional
Closed $736,000 New Conventional
Previous Owner $494,100 No Value Available
Previous Owner -- No Value Available
Previous Owner $228,000 No Value Available
Previous Owner $222,300 Purchase Money Mortgage
Previous Owner $187,424 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2025 01/23/25 Sold $920,000 +12.3% $709 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $819,000 +49.2% $631 / Sq Ft
05/16/2016 05/16/16 Sold $549,000 0.0% $423 / Sq Ft View Prior Sale
04/07/2016 04/07/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $549,000 -- $423 / 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
2025 $9,156 $210,200 $105,000 $105,200
2024 $9,095 $210,200 $105,000 $105,200
2023 $9,095 $210,200 $105,000 $105,200
2022 $9,003 $210,200 $105,000 $105,200
2021 $9,074 $210,200 $105,000 $105,200
2020 $9,165 $210,200 $105,000 $105,200
2019 $9,175 $210,200 $105,000 $105,200
2018 $9,116 $210,200 $105,000 $105,200
2017 $9,175 $210,200 $105,000 $105,200
2016 $7,570 $176,000 $105,000 $71,000
2015 $7,422 $176,000 $105,000 $71,000
2014 $7,230 $176,000 $105,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3934267

Garden State MLS

APN: 18-00401-0000-00032