NOT LISTED FOR SALE

505 Summit Ave Maplewood, NJ 07040

Estimated Value: $1,162,000 - $1,271,000

Studio
-- Bath
2,511 Sq Ft
$483/Sq Ft Est. Value

About This Home

This home is located at 505 Summit Ave, Maplewood, NJ 07040 and is currently estimated at $1,212,944, approximately $483 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2010
Sold by
Bought by
Current Estimated Value
$1,212,944

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
$920,818

Purchase Details

Closed on
Jul 10, 2007
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 None Available
$600,000 None Available
$599,000 --
$570,000 --
$393,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $440,000
Previous Owner $360,000
Previous Owner $479,200
Previous Owner $280,000
Previous Owner $275,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,109 $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

New Jersey Essex County Maplewood 07040

505 Summit Ave, Maplewood, NJ

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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