NOT LISTED FOR SALE

5 Summit Ave Wharton, NJ 07885

Estimated Value: $465,000 - $576,345

3 Beds
2 Baths
1,736 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $455,000 $262 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,802/month

9 Days on Market

Highlights

  • Central Air
  • Baseboard Heating
  • Rectangular Lot

About This Home

As of July 2022

Gorgeous, unique custom bi-level home built in 2002 in desirable town of Wharton! Petite front porch welcomes you to entry foyer, leading upstairs to main living space. 1st floor feat. 2 great sized BRs w/new carpet, ample closet space & large BR w/ tub & stall shower, beautifully renovated, open-concept kitchen w/ SS appliances, LR/DR combo w/ wood burning FP & doors to large deck overlooking spacious, fully fenced-in yard. The downstairs ground fl incl. mudroom, BR, updated FB, laundry closet, utilities, lots of storage & radiant heated floors. Other feat. are 2 car tandem garage, pantry closet, cellular cordless blinds, central air, NEST thermostat, RING doorbell & new interior doors. Home is close to schools, parks, major highways & shopping!

Last Agent to Sell the Property

Lauren Shaw

Realty Executives First Class Listed on: 05/11/2022

Realty Executives First Class

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,306

Lot Details

  • 7,048 Sq Ft Lot
  • Lot Dimensions are 50x141
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 00012 / 02007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,306

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Bi-Level
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-263-9200
  • MLS Status: Sold - Sold
  • Directions: N. Main to Cutler to Summit Ave
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: NONE

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: WASHER/DRYER AND GARAGE REFRIGERATOR
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Hot Water, Oil, Radiant

Lot Info

  • Lot Dimensions: 50x141
  • Lot Size Sq Ft: 7048.0

Tax Info

  • Tax Annual Amount: 10306.0
  • Tax Block: 02007
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 8, 2022
Sold by
Pollara Jordan J and Pollara Heather L
Bought by
Smith Eric Michael and Solanki Kirtiben
Seller's Agent
Lauren Shaw
Realty Executives First Class
Buyer's Agent
Outside Agent
Outside Office
List Price
$419,000
Sold Price
$455,000
Premium/Discount to List
$36,000
8.59%
Current Estimated Value
$526,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,086
Avg. Annual Appreciation
6.22%
Original Mortgage
$370,370
Outstanding Balance
$356,726
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$191,883

Purchase Details

Listed on
Jun 22, 2017
Closed on
Aug 14, 2017
Sold by
Bencel Stella E and Bencel Donna A
Bought by
Pollara Jordan J and Ciavarella Heather L
Seller's Agent
Barbara Tarchak
RE/MAX AMERICAN DREAM
Buyer's Agent
Shawn Anen
KELLER WILLIAMS PROSPERITY REALTY
List Price
$329,000
Sold Price
$339,000
Premium/Discount to List
$10,000
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$322,050
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2004
Sold by
Gaskey Bruce
Bought by
Bencel Stella and Bencel Donna
Source: Public Records

Range of Values:

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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
Smith Eric Michael $455,000 Westcor Land Title
Pollara Jordan J $339,000 Westcor Land Title Ins Co
Bencel Stella -- --
Bencel Stella -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Eric Michael $370,370
Previous Owner Pollara Jordan J $322,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $455,000 +8.6% $262 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $419,000 +23.6% $241 / Sq Ft
08/18/2017 08/18/17 Sold $339,000 +3.0% $195 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $329,000 -- $190 / Sq Ft
Source: New Jersey 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
2024 $11,228 $401,900 $116,100 $285,800
2023 $11,228 $375,000 $111,100 $263,900
2022 $10,416 $355,900 $111,100 $244,800
2021 $10,416 $341,400 $111,100 $230,300
2020 $10,306 $331,500 $111,100 $220,400
2019 $9,912 $321,400 $111,100 $210,300
2018 $9,456 $312,900 $111,100 $201,800
2017 $9,156 $299,700 $111,100 $188,600
2016 $8,561 $300,700 $111,100 $189,600
2015 $9,030 $298,600 $111,100 $187,500
2014 $9,061 $296,400 $111,100 $185,300
Source: Public Records

Agents Affiliated with this Home

  • Lauren Shaw

    Seller's Agent in 2022

    Lauren Shaw

    Realty Executives First Class

    (973) 634-3394

    1 in this area

    86 Total Sales

    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

  • Barbara Tarchak

    Seller's Agent in 2017

    Barbara Tarchak

    RE/MAX

    (973) 886-3484

    2 in this area

    8 Total Sales

    Section Image
  • Shawn Anen

    Buyer's Agent in 2017

    Shawn Anen

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 417-9806

    170 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22016542

New Jersey MLS

APN: 39-02007-0000-00012

New Jersey Morris County Wharton 07885

5 Summit Ave, Wharton, NJ

This home is located at 5 Summit Ave, Wharton, NJ 07885 since 11 May 2022 and is currently estimated at $526,086, approximately $303 per square foot. 5 Summit Ave is a home located in Morris County with nearby schools including Marie V. Duffy Elementary School and A C Mac Kinnon Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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