NOT LISTED FOR SALE

511 Summit Ave Maplewood, NJ 07040

Estimated Value: $1,084,000 - $1,402,000

5 Beds
2.5 Baths
2,337 Sq Ft
$514/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $715,000 $306 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,448/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Clinton Elementary School Rated A-
  • Recreation Room
  • Home Office

About This Home

As of April 2016

This fantastic 5 bedroom 2.5 Bath Victorian has so much to offer! Updated Kitchen and baths, new roof, new furnace and water heater, new windows ,laundry on first floor, open floor plan, private fenced in yard, new sump pump and back up pump, new electric panel are just some of the things this lovely home offers. Walking distance to Mid-Town Direct trains, maplewood village, schools and park. Come take a look and fall in love!

Last Agent to Sell the Property

Natalie Farrell

WEICHERT REALTORS Listed on: 01/26/2016

WEICHERT REALTORS

Last Buyer's Agent

KEN KRASNER

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,892

Year Built

  • Built in 1902

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Clapboard
  • Tile

Interior Spaces

  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Schools

  • Clinton Elementary School
  • S Orange Middle School
  • Columbia High School

Utilities

  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1611-00025-0001-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,892

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian, Colonial
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1902
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Street Number Display: 511
  • Directions: Parker Ave to Summit
  • I D: 4594016
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: NATALIE
  • First Name3: KEN
  • Last Name: FARRELL
  • Last Name3: KRASNER
  • Office Phone: 973-762-3300
  • Office Phone3: 279983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Insert, Dining Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Sump Pump
  • Interior Amenities: Fire Extinguisher, Smoke Detector, Blinds, Carbon Monoxide Detector
  • Number Rooms: 13
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Utility Room, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x15
  • Kitchen Level: First
  • Living Room Dim: 23x13
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 13x8
  • Other Room1 Level: Third
  • Other Room 2: Office
  • Other Room2 Dim: 13x10
  • Other Room2 Level: Third
  • Other Room 3: Rec Room
  • Other Room3 Dim: 22x16
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Level: First
  • Level 1 Rooms: Living Room, Family Room, Kitchen, Porch, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Office, Bath(s) Other
  • Phone: 973-762-3300

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Deck, Open Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: CLINTON
  • Middle School: S ORANGE
  • High School: COLUMBIA
  • High School: COLUMBIA
  • Middle Jr High School: S ORANGE

Lot Info

  • Lot Size: 50X150
  • Assessed Improvement Value: 234500
  • Assessed Land Value: 262500
  • Assessment: 497000
  • Easement: Unknown
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17892
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1611-00025-0001-00018-0000-
  • Tax Rate Amount: 3.600
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CLINTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Apr 12, 2016
Sold by
Lai Loell Ca Yen and Loell Janise
Bought by
Jarashow Kizzy L and Jarashow Mark
Seller's Agent
Natalie Farrell
WEICHERT REALTORS
Buyer's Agent
KEN KRASNER
COLDWELL BANKER REALTY
List Price
$650,000
Sold Price
$715,000
Premium/Discount to List
$65,000
10%
Current Estimated Value
$1,202,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,135
Avg. Annual Appreciation
5.63%
Original Mortgage
$643,400
Outstanding Balance
$511,979
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$690,156

Purchase Details

Closed on
Apr 18, 2012
Sold by
Loell Keith M and Loell Ca Yen Lai
Bought by
Loell Keith M and Loell Janise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Miller Ricky A and De Guzman Jennifer
Bought by
Loell Keith M and Loell Ca Yen Lai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Adler Ken
Bought by
Miller Ricky and Deguzman Jennifer De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,800
Interest Rate
6.01%

Purchase Details

Closed on
Dec 20, 1998
Sold by
Alcorn Samuel
Bought by
Adler Ken and Adler Inna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.84%

Purchase Details

Closed on
Jun 29, 1990
Sold by
Toal Peter J and Toal Jadwiga
Bought by
Acorn Samuel R and Susan Marks
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
Jarashow Kizzy L $715,000 Weichert Title Agency
Loell Keith M -- Fidelity National Title Insu
Loell Keith M $580,000 None Available
Miller Ricky $440,000 --
Adler Ken $275,000 --
Acorn Samuel R $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarashow Kizzy L $643,400
Previous Owner Loell Keith M $446,000
Previous Owner Loell Keith M $464,000
Previous Owner Miller Ricky $31,800
Previous Owner Adler Ken $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $715,000 +10.0% $306 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $650,000 -- $278 / 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
2025 $24,582 $1,133,400 $436,400 $697,000
2024 $24,582 $918,300 $436,400 $481,900
2022 $23,970 $679,800 $295,000 $384,800
2021 $23,242 $679,800 $295,000 $384,800
2020 $22,583 $679,800 $295,000 $384,800
2019 $21,930 $679,800 $295,000 $384,800
2018 $21,366 $679,800 $295,000 $384,800
2017 $20,541 $673,700 $295,000 $378,700
2016 $18,314 $497,000 $262,500 $234,500
2015 $17,892 $497,000 $262,500 $234,500
2014 $17,514 $497,000 $262,500 $234,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Natalie Farrell

    WEICHERT REALTORS

    (917) 514-7541

    55 in this area

    182 Total Sales

    Natalie Farrell
    Section Image

  • K

    Buyer's Agent in 2016

    KEN KRASNER

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3277781

Garden State MLS

APN: 11-00025-01-00018

New Jersey Essex County Maplewood 07040

511 Summit Ave, Maplewood, NJ

This home is located at 511 Summit Ave, Maplewood, NJ 07040 since 26 January 2016 and is currently estimated at $1,202,135, approximately $514 per square foot. This property was built in 1902. 511 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.

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