NOT LISTED FOR SALE

5 Primrose Place Summit, NJ 07901

Estimated Value: $1,619,000 - $2,106,000

4 Beds
3 Baths
2,478 Sq Ft
$766/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $1,740,000 $702 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,853/month

5 Days on Market

About This Home

As of November 2023

This home is located at 5 Primrose Place, Summit, NJ 07901 since 19 September 2023 and is currently estimated at $1,899,346, approximately $766 per square foot. This property was built in 1926. 5 Primrose 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

SANDRA SULA

ONBOARD REAL ESTATE NJ LLC Brokerage Phone: 917-797-7046 Listed on: 09/19/2023

Last Buyer's Agent

AMY BURAKOVSKY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,397

Year Built

  • Built in 1926

Lot Details

  • 0.25 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,397

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Union
  • Street Number Display: 5
  • I D: 5244477
  • Modified: 2024-11-15
  • Number Images: 1
  • Attribution Contact: 917-797-7046
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .249
  • Total Acres: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Nov 3, 2023
Sold by
Sula Christopher and Sula Sandra
Bought by
Romariz Matheus Balduino and Romariz Alexandra W
Seller's Agent
SANDRA SULA
ONBOARD REAL ESTATE NJ LLC
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$1,549,000
Sold Price
$1,740,000
Premium/Discount to List
$191,000
12.33%
Views
33
Current Estimated Value
$1,899,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,346
Avg. Annual Appreciation
4.80%
Original Mortgage
$1,044,000
Outstanding Balance
$965,590
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$933,756

Purchase Details

Closed on
May 18, 2015
Sold by
Robina John and Robina Jill
Bought by
Sula Christopher and Sula Sandra

Purchase Details

Closed on
Dec 23, 2010
Sold by
Stein Alice
Bought by
Robina John and Robina Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 8, 2007
Sold by
Stein Bruce
Bought by
Stein Alice
Source: Public Records

Range of Values:

Collateral Analytics

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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
Romariz Matheus Balduino $1,740,000 Acres Land Title
Romariz Matheus Balduino $1,740,000 Acres Land Title
Sula Christopher $1,295,000 None Available
Robina John $520,000 None Available
Stein Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romariz Matheus Balduino $1,044,000
Closed Romariz Matheus Balduino $1,044,000
Previous Owner Robina John $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $1,740,000 +12.3% $702 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,549,000 -- $625 / 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
2025 $21,397 $491,200 $249,000 $242,200
2024 $20,172 $491,200 $249,000 $242,200
2023 $20,172 $466,200 $249,000 $217,200
2022 $19,967 $466,200 $249,000 $217,200
2021 $20,126 $466,200 $249,000 $217,200
2020 $20,326 $466,200 $249,000 $217,200
2019 $20,350 $466,200 $249,000 $217,200
2018 $20,219 $466,200 $249,000 $217,200
2017 $20,350 $466,200 $249,000 $217,200
2016 $20,051 $466,200 $249,000 $217,200
2015 $19,660 $466,200 $249,000 $217,200
2014 $19,152 $466,200 $249,000 $217,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SANDRA SULA

    ONBOARD REAL ESTATE NJ LLC

  • A

    Buyer's Agent in 2023

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3865421

Garden State MLS

APN: 18-04802-0000-00002

New Jersey Union County Summit 07901

5 Primrose Place, Summit, NJ

This home is located at 5 Primrose Place, Summit, NJ 07901 since 19 September 2023 and is currently estimated at $1,899,346, approximately $766 per square foot. This property was built in 1926. 5 Primrose 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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