NOT LISTED FOR SALE

5 Summit Ave Wharton, NJ 07885

Estimated Value: $548,000 - $574,000

3 Beds
2 Baths
1,736 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2022

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

Est. 21% increase in value since last sale

Current estimated payment $3,918 / mo

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

7,048 Sq Ft Lot

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
$552,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,112
Avg. Annual Appreciation
5.90%
Original Mortgage
$370,370
Outstanding Balance
$354,462
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$208,763

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
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $11,892 $430,200 $121,100 $309,100
2024 $11,228 $401,900 $116,100 $285,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22016542

New Jersey MLS

APN: 39-02007-0000-00012

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