NOT LISTED FOR SALE

5 Blackburn Place Summit, NJ 07901

Estimated Value: $3,126,000 - $3,335,000

5 Beds
4 Baths
-- Sq Ft
0.35 Acres

Last Sold May 19, 2014

Last sale price $1,257,500

Est. 156% increase in value since last sale

Current estimated payment $20,375/month

About This Home

As of May 2014

This home is located at 5 Blackburn Place, Summit, NJ 07901 since 19 May 2014 and is currently estimated at $3,225,486. 5 Blackburn Place 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

LUCY E. THOMPSON

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 05/19/2014

Last Buyer's Agent

CYNTHIA BAKER

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,291

Lot Details

  • 0.35 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,291

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 5
  • I D: 4447893
  • Modified: 2016-03-03
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 88X172
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Hicks Jason E and Hicks Jennifer L
Bought by
Suarez Stephen Theodore and Galbally Allison Anne
Current Estimated Value
$3,225,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Outstanding Balance
$1,702,383
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,523,104

Purchase Details

Listed on
May 19, 2014
Closed on
May 9, 2014
Sold by
Winter Roger C and Winter Katherine M
Bought by
Hicks Jason E and Hicks Jennifer L
Seller's Agent
LUCY E. THOMPSON
KELLER WILLIAMS REALTY
Buyer's Agent
CYNTHIA BAKER
LOIS SCHNEIDER REALTOR
Sold Price
$1,257,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$957,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Suarez Stephen Theodore $3,425,000 Tradition Title
Suarez Stephen Theodore $3,425,000 Tradition Title
Hicks Jason E $1,257,500 Acres Land Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Stephen Theodore $1,725,000
Closed Suarez Stephen Theodore $1,725,000
Previous Owner Hicks Jason E $957,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $1,257,500 -- --
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 $39,291 $902,000 $229,400 $672,600
2024 $39,030 $902,000 $229,400 $672,600
2023 $39,030 $902,000 $229,400 $672,600
2022 $38,633 $902,000 $229,400 $672,600
2021 $25,660 $594,400 $229,400 $365,000
2020 $25,916 $594,400 $229,400 $365,000
2019 $25,946 $594,400 $229,400 $365,000
2018 $25,779 $594,400 $229,400 $365,000
2017 $25,081 $574,600 $229,400 $345,200
2016 $24,714 $574,600 $229,400 $345,200
2015 $24,231 $574,600 $229,400 $345,200
2014 $23,605 $574,600 $229,400 $345,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    LUCY E. THOMPSON

    KELLER WILLIAMS REALTY

  • C

    Buyer's Agent in 2014

    CYNTHIA BAKER

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3141432

Garden State MLS

APN: 18-02804-0000-00018

New Jersey Union County Summit 07901

5 Blackburn Place, Summit, NJ

This home is located at 5 Blackburn Place, Summit, NJ 07901 since 19 May 2014 and is currently estimated at $3,225,486. 5 Blackburn Place 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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