$805,000
SOLD APR 16, 2014

45 Franklin Place Summit, NJ 07901

6 Beds
3 Baths
2,415 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$333 Per Sq Ft

About This Home

As of May 2023

This home is located at 45 Franklin Place, Summit, NJ 07901 and is currently priced at $805,000, approximately $333 per square foot. 45 Franklin Place 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

Rosaleen Light-newby

BHHS FOX & ROACH Brokerage Phone: 908-522-9444 Listed on: 04/16/2014

BHHS FOX & ROACH

Last Buyer's Agent

Jane Greene

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,456

Lot Details

  • 6,970 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,456

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 45
  • I D: 4328657
  • Modified: 2015-04-17
  • Number Images: 1
  • Attribution Contact: 908-522-9444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 70X100
  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 12, 2023
Sold by
Barnes Stephen J and Barnes Robyn
Bought by
Weems Family Trust
Seller's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
Buyer's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
List Price
$1,549,000
Sold Price
$1,800,000
Premium/Discount to List
$251,000
16.2%
Current Estimated Value
$1,684,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,451
Avg. Annual Appreciation
-1.39%

Purchase Details

Closed on
Feb 21, 2018
Sold by
Knurr Joshua James and Knurr Megan Michelle
Bought by
Barnes Stephen J and Barnes Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Apr 6, 2014
Sold by
Geci Osman and Geci Nora
Bought by
Knurr Joshua James and Knurr Megan Michelle
Seller's Agent
Rosaleen Light-newby
BHHS FOX & ROACH
Buyer's Agent
Jane Greene
COLDWELL BANKER REALTY
Sold Price
$805,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$616,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Fallon Melissa
Bought by
Geci Osman and Geci Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2006
Sold by
Moore Frederick M
Bought by
Moore Frederick M and Moore Rayma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 1998
Sold by
Moore Frederick M and Moore Rayma C
Bought by
Moore Frederick M and Moore Rayma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.89%
Source: Public Records

Similar Homes in Summit, NJ

  • 9 Hawthorne Place, Summit, NJ 07901

    $999,900

    • 4 Beds
    • 1.5 Baths
    • 2,080 Sq Ft
    • 9 Hawthorne Place
    • Summit, NJ

    Classic colonial "diamond in the rough" in one of the best Northside neighborhoods of Summit. This home features a formal living and dining room, eat in kitchen, half bath and finished sunroom on the first floor. Second floor features 4 generous sized bedrooms and a full bath. Hardwood floors under all carpets and newer water heater in 2023. Full unfinished basement with bilco door exit to

    Frank LaMorte LATTIMER REALTY

    Section Image
  • 1 Irving Place, Summit, NJ 07901

    $999,000

    • 4 Beds
    • 2.5 Baths
    • 1 Irving Place
    • Summit, NJ

    Attention builders, renovators and visionaries! This home offers great bones and endless potential for transformation. Located just two blocks from downtown shopping, dining and NYC train, it's a rare opportunity to create your dream home or investment property in one of Summit's most sought-after areas! House sold strictly as is.

    ISABEL M. FERREIRA REALTY OF AMERICA

    Section Image
  • 160 Springfield Ave, Summit, NJ 07901

    $875,000

    • 4 Beds
    • 2 Baths
    • 160 Springfield Ave
    • Summit, NJ

    CHARMING 4 BEDROOM COLONIAL IN SOUGHT-AFTER LINCOLN-HUBBARD SCHOOL - A PERFECT CANVAS TO MAKE YOUR OWN! Boasts original hardwood flooring, plentiful storage, & flexible floorplan. Living Room provides a cheery welcome w/ a bow window overlooking the Frontyard w/ a wood-burning fireplace w/ brick surround. Bright, large Dining Room w/ crystal chandelier. Eat-in Kitchen w/ wood cabinetry. Adjacent

    Scott Shuman KELLER WILLIAMS REALTY

    Section Image
  • 131 Orchard St, Summit, NJ 07901

    $875,000

    • 3 Beds
    • 2.5 Baths
    • 1,849 Sq Ft
    • 131 Orchard St
    • Summit, NJ

    Stylish Renovated Home with Park ViewsEnjoy the blend of modern style and functional design in this beautifully renovated split-level home, ideally located across from scenic Briant Park. With a thoughtfully designed layout, it offers multi-level living with the space and privacy today's lifestyle demands.The first floor features a bright, open layout with an updated kitchen, sunlit dining area,

    Barbara Davis TURPIN REAL ESTATE, INC.

    Section Image
  • 36 Webster Ave, Summit, NJ 07901

    $729,000

    • 3 Beds
    • 1.5 Baths
    • 36 Webster Ave
    • Summit, NJ

    Welcome to this move in ready home in desirable Summit NJ! This cozy home boasts 3 bedrooms, 1 full bathroom and 1 half bathroom. This is an ideal home for anyone looking to move into this sought after town. On the main level, enjoy a beautiful kitchen, living room, a large dining/family room, a bedroom and an updated full bathroom. The second level consists of 2 bedrooms with a powder room.

    SANDRA KAISER EXP REALTY, LLC

    Section Image
  • 7 Webster Ave, Summit, NJ 07901

    $899,000

    • 3 Beds
    • 2 Baths
    • 7 Webster Ave
    • Summit, NJ

    From the elegant architectural details to the flowing floor plan, this stunning Tudor, circa 1932, radiates timeless character and warmth. Minutes from Washington Elementary School , downtown Summit and Midtown Direct trains, this home is in the heart of one of New Jersey's prestigious communities.An ideal opportunity for a Buyer interested in purchasing a home with higher ceilings, hardwood

    ROSEMARY M DANGLER PROMINENT PROPERTIES SIR

    Section Image
  • 8 Lafayette Ave, Summit, NJ 07901

    $899,000

    • 4 Beds
    • 2 Baths
    • 8 Lafayette Ave
    • Summit, NJ

    CHARMING, ARTIST-OWNED SUMMIT COLONIAL WITH ENCHANTING SECRET GARDEN AVAILABLE FOR FIRST TIME IN OVER 60 YEARS! Calling all historic home & garden lovers with an appreciation for artisanship & custom details you've found your home in 8 Lafayette Ave., nestled on a quiet tree-lined neighborhood that is a close walk to Washington Elementary, Tatlock Field & the vibrant downtown of Summit with easy

    Scott Shuman KELLER WILLIAMS REALTY

    Section Image
  • 44 Harvey Dr, Summit, NJ 07901

    $850,000

    • 2 Beds
    • 2 Baths
    • 44 Harvey Dr
    • Summit, NJ

    Set on a quiet, tree-lined street this pristine ranch offers easy one-floor living with thoughtful updates throughout. Bright and inviting, this home features hardwood floors, a spacious living room with a lovely picture window and a gas-burning fireplace, and a dining area with an Andersen slider that opens to a freshly painted deck, ideal for seamless indoor-outdoor entertaining. The sunny den

    MICHELLE PAIS SIGNATURE REALTY NJ

    Section Image
  • 33 Tall Oaks Dr, Summit, NJ 07901

    $975,000

    • 4 Beds
    • 2 Baths
    • 33 Tall Oaks Dr
    • Summit, NJ

    Welcome to this charming and updated Cape Cod in one of New Providence's most desirable neighborhoods. The home features a welcoming front portico, classic patio and lush landscaping.. Inside, the heart of the home is a fully renovated kitchen featuring an eat-in counter that seamlessly opens to a dining area with custom built-ins perfect for entertaining! Enjoy the warmth and comfort of the

    WINIFRED CAVAZINI PROMINENT PROPERTIES SIR

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,800,000 Green Hill Title
Deed $1,347,500 Multiple
Bargain Sale Deed $800,000 Nrt Title Agency Llc
Deed -- --
Deed -- --
Interfamily Deed Transfer -- Lawrence Abstract Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,040,200 New Conventional
Previous Owner $1,055,000 New Conventional
Previous Owner $1,078,000 New Conventional
Previous Owner $57,800 Unknown
Previous Owner $616,000 New Conventional
Previous Owner $560,000 New Conventional
Previous Owner $134,500 Unknown
Previous Owner $464,000 Adjustable Rate Mortgage/ARM
Previous Owner $60,000 Unknown
Previous Owner $195,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,800,000 +16.2% $745 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $1,549,000 +92.4% $641 / Sq Ft
04/16/2014 04/16/14 Sold $805,000 -- $333 / 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
2024 $16,456 $380,300 $128,300 $252,000
2023 $16,456 $380,300 $128,300 $252,000
2022 $16,288 $380,300 $128,300 $252,000
2021 $16,418 $380,300 $128,300 $252,000
2020 $16,581 $380,300 $128,300 $252,000
2019 $16,600 $380,300 $128,300 $252,000
2018 $16,494 $380,300 $128,300 $252,000
2017 $16,600 $380,300 $128,300 $252,000
2016 $16,357 $380,300 $128,300 $252,000
2015 $16,037 $258,700 $128,300 $130,400
2014 $10,627 $258,700 $128,300 $130,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3030750

Garden State MLS

APN: 18-02613-0000-00002