NOT LISTED FOR SALE

50 Oak Ridge Ave Summit, NJ 07901

Estimated Value: $2,418,364 - $2,926,000

7 Beds
4 Baths
2,726 Sq Ft
$977/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $1,725,000 $633 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $16,027/month

About This Home

As of June 2013

This home is located at 50 Oak Ridge Ave, Summit, NJ 07901 since 26 June 2013 and is currently estimated at $2,662,455, approximately $976 per square foot. 50 Oak Ridge Ave 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

Darren Sager

EXP REALTY, LLC Brokerage Phone: 908-273-2991 Listed on: 06/26/2013

EXP REALTY, LLC

Last Buyer's Agent

Maura Elia

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,934

Lot Details

  • 0.65 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,934

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 50
  • I D: 4315710
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.649
  • Total Acres: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jun 20, 2013
Sold by
Fowkes David W and Fowkes Rochelle R
Bought by
Spinner Peter and Spinner Stephanie
Seller's Agent
Darren Sager
EXP REALTY, LLC
Buyer's Agent
Maura Elia
PROMINENT PROPERTIES SIR
Sold Price
$1,725,000
Total Days on Market
0
Current Estimated Value
$2,471,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,485
Avg. Annual Appreciation
2.16%
Original Mortgage
$1,000,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Spohn Andrew
Bought by
Fowkes David and Fowkes Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.61%
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
Spinner Peter $1,725,000 Chicago Title Insurance Co
Fowkes David $1,280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinner Petet $990,000
Closed Spinner Peter $995,000
Closed Spinner Peter $995,000
Closed Spinner Peter $1,000,000
Previous Owner Fowkes David W $715,000
Previous Owner Fowkes David W $250,000
Previous Owner Fowkes David W $500,000
Previous Owner Fowkes David $832,000
Previous Owner Spohn Andrew G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $1,725,000 -- $633 / 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
2024 $29,934 $691,800 $363,100 $328,700
2023 $29,934 $691,800 $363,100 $328,700
2022 $29,630 $691,800 $363,100 $328,700
2021 $29,865 $691,800 $363,100 $328,700
2020 $30,162 $691,800 $363,100 $328,700
2019 $30,197 $691,800 $363,100 $328,700
2018 $30,003 $691,800 $363,100 $328,700
2017 $30,197 $691,800 $363,100 $328,700
2016 $33,587 $780,900 $363,100 $417,800
2015 $32,931 $548,000 $363,100 $184,900
2014 $22,512 $548,000 $363,100 $184,900
Source: Public Records

Agents Affiliated with this Home

  • Darren Sager

    Seller's Agent in 2013

    Darren Sager

    EXP REALTY, LLC

    (908) 376-9459

    5 Total Sales

    Section Image

  • M

    Buyer's Agent in 2013

    Maura Elia

    PROMINENT PROPERTIES SIR

    (908) 273-8808

    11 in this area

    15 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3019898

Garden State MLS

APN: 18-04501-0000-00015

New Jersey Union County Summit 07901

50 Oak Ridge Ave, Summit, NJ

This home is located at 50 Oak Ridge Ave, Summit, NJ 07901 since 26 June 2013 and is currently estimated at $2,662,455, approximately $976 per square foot. 50 Oak Ridge Ave 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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