NOT LISTED FOR SALE

40 Locust Dr Summit, NJ 07901

Estimated Value: $923,000 - $1,213,000

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 23, 2023

Last sale price $850,000

Est. 29% increase in value since last sale

Current estimated payment $6,844/month

13 Days on Market

About This Home

As of May 2023

This home is located at 40 Locust Dr, Summit, NJ 07901 since 13 January 2023 and is currently estimated at $1,094,519. This property was built in 1951. 40 Locust Dr 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

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 01/13/2023

Co-Listed By

WINIFRED CAVAZINI

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

MEREDITH MOLLOY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,489

Year Built

  • Built in 1951

Lot Details

  • 7,405

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,489

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • County Name: Union
  • Street Number Display: 40
  • I D: 5197021
  • Modified: 2024-05-24
  • Number Images: 1
  • 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: .172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Apr 6, 2023
Sold by
Logan Susan Hulse
Bought by
Smyth Denise
Seller's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Buyer's Agent
MEREDITH MOLLOY
PROMINENT PROPERTIES SIR
List Price
$775,900
Sold Price
$850,000
Premium/Discount to List
$74,100
9.55%
Views
53
Current Estimated Value
$1,094,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,519
Avg. Annual Appreciation
11.26%
Original Mortgage
$575,000
Interest Rate
6.28%

Purchase Details

Closed on
Aug 9, 1991
Bought by
Logan Susan Hulse
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Smyth Denise $850,000 Fidelity National Title
Logan Susan Hulse $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smyth Denise $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $850,000 +9.6% --
02/01/2023 02/01/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $775,900 -- --
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 $12,489 $286,700 $177,500 $109,200
2024 $12,406 $286,700 $177,500 $109,200
2023 $12,406 $286,700 $177,500 $109,200
2022 $12,279 $286,700 $177,500 $109,200
2021 $12,377 $286,700 $177,500 $109,200
2020 $12,500 $286,700 $177,500 $109,200
2019 $12,514 $286,700 $177,500 $109,200
2018 $12,434 $286,700 $177,500 $109,200
2017 $12,514 $286,700 $177,500 $109,200
2016 $12,331 $286,700 $177,500 $109,200
2015 $12,090 $286,700 $177,500 $109,200
2014 $11,778 $286,700 $177,500 $109,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

  • W

    Seller Co-Listing Agent in 2023

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

  • M

    Buyer's Agent in 2023

    MEREDITH MOLLOY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3824402

Garden State MLS

APN: 18-02709-0000-00006

New Jersey Union County Summit 07901

40 Locust Dr, Summit, NJ

This home is located at 40 Locust Dr, Summit, NJ 07901 since 13 January 2023 and is currently estimated at $1,094,519. This property was built in 1951. 40 Locust Dr 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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