NOT LISTED FOR SALE

487 Summit Ave Unit 1 Fort Lee, NJ 07024

Estimated Value: $697,000 - $1,027,000

3 Beds
3 Baths
2,016 Sq Ft
$425/Sq Ft Est. Value

About This Home

Well maintained,Renovated and great location 3bed roooms and 2full baths on 1st floor.Extra space one room, full bath and laundry room in the basement. Few minutes away the GW Bridge, close to HWY access.Very convenient to Shopping , School, Library and Town .Available lot of parking space around the street . Don't miss best house and Just move in!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Us Bank Na
Bought by
Park Heon and Park Yeong
Current Estimated Value
$856,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2018
Sold by
Saudino Michael
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Dec 19, 2006
Sold by
Consoli Remedios
Bought by
Matias Arnel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,500
Interest Rate
6.29%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Chao Alan
Bought by
Consoli Remedios

Purchase Details

Closed on
Jun 24, 1994
Sold by
Estate Joseph Holdampf
Bought by
Chao Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Park Heon $601,000 --
Us Bank Na Tr -- --
Matias Arnel $745,000 --
Consoli Remedios $480,000 --
Chao Alan $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Heon $395,000
Closed Park Yeong $400,000
Closed Park Heon $400,000
Previous Owner Matias Arnel $696,000
Previous Owner Matias Arnel $72,000
Previous Owner Matias Arnel $670,500
Previous Owner Chao Alan $144,000
Closed Consoli Remedios $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Rented $2,900 0.0% --
09/17/2023 09/17/23 Price Changed $2,900 -3.3% --
07/27/2023 07/27/23 For Rent $3,000 +3.4% --
05/11/2022 05/11/22 Rented $2,900 0.0% --
04/08/2022 04/08/22 For Rent $2,900 -- --

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 $10,190 $411,900 $294,000 $117,900
2023 $10,227 $411,900 $294,000 $117,900
2022 $10,227 $411,900 $294,000 $117,900
2021 $10,017 $411,900 $294,000 $117,900
2020 $9,923 $411,900 $294,000 $117,900
2019 $9,572 $406,800 $294,000 $112,800
2018 $9,348 $406,800 $294,000 $112,800
2017 $9,243 $406,800 $294,000 $112,800
2016 $9,169 $406,800 $294,000 $112,800
2015 $8,958 $406,800 $294,000 $112,800
2014 $8,791 $406,800 $294,000 $112,800
Source: Public Records

Agents Affiliated with this Home

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