NOT LISTED FOR SALE

55 Ashwood Ave Summit, NJ 07901

Estimated Value: $685,000 - $825,000

3 Beds
2 Baths
1,440 Sq Ft
$540/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $450,000 $312 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,794/month

50 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • L C Johnson Summit Middle School Rated A+
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of May 2016

Hardwood floors throughout. Freshly painted. Granite counter tops. Spacious kitchen. Detached two car garage. Partially finished basement w/additional storage space. 2 zone heating & cooling system. Mud room. Move in ready. As is. Excellent location. Great for commuters. Just minutes to New York City trains, major highways and downtown Summit. Great school district.

Last Agent to Sell the Property

JACK QIZHAN YAO

REALMART REALTY Listed on: 02/09/2016

Last Buyer's Agent

PATRICIA M. MCANDREW

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,003

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • Parking Garage Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Jefferson Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Central Air
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-04205-0000-00007-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,003

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1922
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: Morris Ave to Ashwood
  • I D: 4598171
  • First Name: JACK QIZHAN
  • First Name3: PATRICIA M.
  • Last Name: YAO
  • Last Name3: MCANDREW
  • Office Phone: 732-727-2285
  • Office Phone3: 908-273-2991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: OvnWGas, CookGas, Dishwasher, Sump Pump
  • Interior Amenities: Smoke Detector, Carbon Monoxide Detector
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Utility Room, Laundry Room, Storage Room, Inside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x10
  • Kitchen Level: First
  • Living Room Dim: 12x11
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Level: First
  • Level 1 Rooms: Foyer, Living Room, Bath Main, Kitchen, Dining Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Estimated Sq Ft: 1440
  • Phone: 888-362-6543

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk, Curbs, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Garage Parking, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 0.123
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8003
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-04205-0000-00007-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 19, 2016
Sold by
Luz Mary Pacheco
Bought by
Diekman Casey and Diekman Rachel
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
PATRICIA M. MCANDREW
KELLER WILLIAMS REALTY
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$777,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,363
Avg. Annual Appreciation
5.90%
Original Mortgage
$360,000
Outstanding Balance
$285,836
Interest Rate
3.58%
Estimated Equity
$491,527

Purchase Details

Closed on
Sep 9, 2005
Sold by
Katsakos Athena
Bought by
Pacheco Luz Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,800
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Sold by
Marcelliano Robert
Bought by
Katsakos Athena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diekman Casey -- --
Pacheco Luz Mary $481,000 --
Katsakos Athena $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diekman Casey $360,000
Closed Diekman Casey --
Previous Owner Pacheco Luz Mary $384,800
Previous Owner Katsakos Athena $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $450,000 0.0% $313 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $450,000 -- $313 / 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 $8,268 $189,800 $120,600 $69,200
2024 $8,213 $189,800 $120,600 $69,200
2023 $8,213 $189,800 $120,600 $69,200
2022 $8,129 $189,800 $120,600 $69,200
2021 $8,194 $189,800 $120,600 $69,200
2020 $8,275 $189,800 $120,600 $69,200
2019 $8,285 $189,800 $120,600 $69,200
2018 $8,232 $189,800 $120,600 $69,200
2017 $8,285 $189,800 $120,600 $69,200
2016 $8,163 $189,800 $120,600 $69,200
2015 $8,004 $189,800 $120,600 $69,200
2014 $7,797 $189,800 $120,600 $69,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JACK QIZHAN YAO

    REALMART REALTY

  • P

    Buyer's Agent in 2016

    PATRICIA M. MCANDREW

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3280874

Garden State MLS

APN: 18-04205-0000-00007

New Jersey Union County Summit 07901

55 Ashwood Ave, Summit, NJ

Not Listed for Sale

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