NOT LISTED FOR SALE

55 Montrose Ave Summit, NJ 07901

Estimated Value: $988,880 - $1,409,000

3 Beds
2 Baths
1,508 Sq Ft
$740/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $568,000 $377 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,006/month

About This Home

As of October 2012

This home is located at 55 Montrose Ave, Summit, NJ 07901 since 19 October 2012 and is currently estimated at $1,115,470, approximately $739 per square foot. 55 Montrose Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-522-1800 Listed on: 10/19/2012

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-522-1800 Listed on: 10/19/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,146

Lot Details

  • 0.29 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,146

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 55
  • I D: 4239253
  • Modified: 2013-10-20
  • Number Images: 1
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 78X163
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2012
Closed on
Sep 5, 2012
Sold by
Chung Ken Y and Yuen Helen S
Bought by
Coppola David and Coppola Courtney
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Sold Price
$568,000
Current Estimated Value
$1,115,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,470
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Jun 7, 2007
Sold by
Maloney Christopher and Maloney Heather L
Bought by
Chung Ken Y and Yuen Helen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Hannigan John
Bought by
Maloney Christopher and Jackson Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.33%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Fitzpatrick Daniel R and Fitzpatrick Allison A
Bought by
Hannigan John P and Anderson Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.11%
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
Coppola David $568,000 Old Republic National Title
Chung Ken Y $699,000 Prestige Title Agency Inc
Maloney Christopher $570,000 --
Hannigan John P $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Ken Y $400,000
Previous Owner Chung Ken Y $400,000
Previous Owner Maloney Christopher $456,000
Previous Owner Hannigan John P $25,000
Previous Owner Hannigan John P $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $568,000 -- $377 / 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 $11,146 $257,600 $161,300 $96,300
2023 $11,146 $257,600 $161,300 $96,300
2022 $11,033 $257,600 $161,300 $96,300
2021 $11,121 $257,600 $161,300 $96,300
2020 $11,231 $257,600 $161,300 $96,300
2019 $11,244 $257,600 $161,300 $96,300
2018 $11,172 $257,600 $161,300 $96,300
2017 $11,244 $257,600 $161,300 $96,300
2016 $11,079 $257,600 $161,300 $96,300
2015 $10,863 $257,600 $161,300 $96,300
2014 $10,582 $257,600 $161,300 $96,300
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2012

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    105 in this area

    163 Total Sales

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Map

Source: Garden State MLS

MLS Number: 2951036

Garden State MLS

APN: 18-01302-0000-00033

New Jersey Union County Summit 07901

55 Montrose Ave, Summit, NJ

This home is located at 55 Montrose Ave, Summit, NJ 07901 since 19 October 2012 and is currently estimated at $1,115,470, approximately $739 per square foot. 55 Montrose Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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