505 Summit Ave Maplewood, NJ 07040
Estimated Value: $1,164,000 - $1,218,000
Studio
--
Bath
2,441
Sq Ft
$487/Sq Ft
Est. Value
About This Home
This home is located at 505 Summit Ave, Maplewood, NJ 07040 and is currently estimated at $1,189,714, approximately $487 per square foot. 505 Summit Ave is a home located in Essex County with nearby schools including Clinton Elementary School, South Orange Middle School, and Columbia Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2010
Sold by
Berkley Ann M
Bought by
Pilato Eric S and Nasteff Stephanie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$292,126
Interest Rate
4.78%
Mortgage Type
New Conventional
Estimated Equity
$897,588
Purchase Details
Closed on
Jul 10, 2007
Sold by
Deneen Brendan T and Field Kim
Bought by
Berkley Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 7, 2006
Sold by
Giannone Joseph
Bought by
Deneen Brenden and Field Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2004
Sold by
Kinnucane Patrick
Bought by
Giannone Joseph and Giannone Christina Costanzo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.3%
Purchase Details
Closed on
Sep 14, 2001
Sold by
Krupnick Gary
Bought by
Kinnucane Patrick and Kinnucane Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.89%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pilato Eric S | $550,000 | None Available | |
| Berkley Ann M | $600,000 | None Available | |
| Deneen Brenden | $599,000 | -- | |
| Giannone Joseph | $570,000 | -- | |
| Kinnucane Patrick | $393,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pilato Eric S | $440,000 | |
| Previous Owner | Berkley Ann M | $360,000 | |
| Previous Owner | Deneen Brenden | $479,200 | |
| Previous Owner | Giannone Joseph | $280,000 | |
| Previous Owner | Kinnucane Patrick | $275,000 |
Source: Public Records
Tax History Compared to Growth
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 | $24,155 | $999,100 | $436,400 | $562,700 |
| 2024 | $24,155 | $999,100 | $436,400 | $562,700 |
| 2022 | $23,554 | $668,000 | $295,000 | $373,000 |
| 2021 | $22,418 | $655,700 | $295,000 | $360,700 |
| 2020 | $21,782 | $655,700 | $295,000 | $360,700 |
| 2019 | $21,153 | $655,700 | $295,000 | $360,700 |
| 2018 | $20,609 | $655,700 | $295,000 | $360,700 |
| 2017 | $19,992 | $655,700 | $295,000 | $360,700 |
| 2016 | $17,445 | $473,400 | $262,500 | $210,900 |
| 2015 | $17,042 | $473,400 | $262,500 | $210,900 |
| 2014 | $16,683 | $473,400 | $262,500 | $210,900 |
Source: Public Records
Map
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