480 Summit Ave Fort Lee, NJ 07024
Estimated Value: $871,132 - $1,064,000
3
Beds
4
Baths
1,946
Sq Ft
$508/Sq Ft
Est. Value
About This Home
This home is located at 480 Summit Ave, Fort Lee, NJ 07024 and is currently estimated at $988,533, approximately $507 per square foot. 480 Summit Ave is a home located in Bergen County with nearby schools including Fort Lee High School and Christ the Teacher Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2018
Sold by
Soterpoplos Demertios and Batos Sonia
Bought by
Aster Habtesslassie and Haile Tesfay
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$369,255
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$659,797
Purchase Details
Closed on
Aug 15, 2016
Sold by
Chen Catherine
Bought by
Soteropoulos Demetrios and Bastos Sonia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2013
Sold by
Tran Sinhan
Bought by
Chen Catherine
Purchase Details
Closed on
Dec 4, 2006
Sold by
V&R Developers Inc
Bought by
Chen Catherine and Tran Sinhan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.31%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Aster Habtesslassie | $720,000 | -- | |
Soteropoulos Demetrios | $625,000 | Westcor Land Title Insurance | |
Chen Catherine | -- | -- | |
Chen Catherine | $595,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Aster Habtesslassie | $420,000 | |
Previous Owner | Soteropoulos Demetrios | $500,000 | |
Previous Owner | Tran Sinhan | $372,000 | |
Previous Owner | Chen Catherine | $383,000 | |
Previous Owner | Chen Catherine | $400,000 | |
Previous Owner | Tran Sinhan | $275,500 | |
Previous Owner | Chen Catherine | $297,500 |
Source: Public Records
Tax History Compared to Growth
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 | $13,955 | $535,300 | $189,700 | $345,600 |
2024 | $13,243 | $535,300 | $189,700 | $345,600 |
2023 | $13,292 | $535,300 | $189,700 | $345,600 |
2022 | $13,292 | $535,300 | $189,700 | $345,600 |
2021 | $13,019 | $535,300 | $189,700 | $345,600 |
2020 | $12,895 | $535,300 | $189,700 | $345,600 |
2019 | $12,596 | $535,300 | $189,700 | $345,600 |
2018 | $12,301 | $535,300 | $189,700 | $345,600 |
2017 | $12,162 | $535,300 | $189,700 | $345,600 |
2016 | $12,066 | $535,300 | $189,700 | $345,600 |
2015 | $11,787 | $535,300 | $189,700 | $345,600 |
2014 | $11,568 | $535,300 | $189,700 | $345,600 |
Source: Public Records
Map
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