488 Summit Ave Maplewood, NJ 07040
Estimated Value: $1,048,000 - $1,319,000
Studio
--
Bath
2,578
Sq Ft
$468/Sq Ft
Est. Value
About This Home
This home is located at 488 Summit Ave, Maplewood, NJ 07040 and is currently estimated at $1,205,571, approximately $467 per square foot. 488 Summit Ave is a home located in Essex County with nearby schools including Clinton Elementary School, South Orange Middle School, and Columbia Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2007
Sold by
Galante Anthony C and Galante Cheryl L
Bought by
Lloyd Cheryl Lynne
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
$520,700
Outstanding Balance
$314,309
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$891,262
Purchase Details
Closed on
Apr 30, 2002
Sold by
Marzano Rudolph
Bought by
Galante Anthony and Galante Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,600
Interest Rate
7.13%
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 |
|---|---|---|---|
| Lloyd Cheryl Lynne | -- | Chicago Title | |
| Galante Anthony | $464,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lloyd Cheryl Lynne | $520,700 | |
| Closed | Galante Anthony | $371,600 |
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 | $22,419 | $1,035,200 | $459,400 | $575,800 |
| 2024 | $22,419 | $1,035,200 | $459,400 | $575,800 |
| 2022 | $21,861 | $620,000 | $298,800 | $321,200 |
| 2021 | $21,198 | $620,000 | $298,800 | $321,200 |
| 2020 | $20,596 | $620,000 | $298,800 | $321,200 |
| 2019 | $20,001 | $620,000 | $298,800 | $321,200 |
| 2018 | $19,487 | $620,000 | $298,800 | $321,200 |
| 2017 | $20,166 | $661,400 | $298,800 | $362,600 |
| 2016 | $20,743 | $562,900 | $266,300 | $296,600 |
| 2015 | $20,264 | $562,900 | $266,300 | $296,600 |
| 2014 | $19,837 | $562,900 | $266,300 | $296,600 |
Source: Public Records
Map
Nearby Homes
- 448 Prospect St
- 530 Prospect St
- 61 Arnold Terrace
- 79 Essex Ave
- 378 Valley St Unit A2
- 372 Valley St Unit 5F
- 26 Kensington Terrace
- 25 Wetmore Ave
- 33 Highland Ave
- 153 Garfield Place
- 47 Oakland Rd
- 226 Waverly Place
- 184 W Fairview Ave
- 121 3rd St Unit 2
- 121 3rd St
- 15 4th St
- 60 3rd St
- 167 College Place
- 53 Boyden Ave
- 43 Boyden Ave
- 486 Summit Ave
- 492 Summit Ave
- 482 Summit Ave
- 451 Richmond Ave
- 453 Richmond Ave
- 494 Summit Ave
- 449 Richmond Ave
- 457 Richmond Ave
- 481 Summit Ave
- 489 Summit Ave
- 487 Summit Ave
- 429 Baldwin Rd
- 491 Summit Ave
- 459 Richmond Ave
- 500 Summit Ave
- 480 Summit Ave
- 461 Richmond Ave
- 476 Summit Ave
- 476A Summit Ave
- 463 Richmond Ave