NOT LISTED FOR SALE

55 Parkview Terrace Summit, NJ 07901

Estimated Value: $791,000 - $1,145,000

3 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold May 04, 2023

Last sale price $852,000

Est. 20% increase in value since last sale

Current estimated payment $6,756/month

5 Days on Market

About This Home

As of May 2023

This home is located at 55 Parkview Terrace, Summit, NJ 07901 since 06 March 2023 and is currently estimated at $1,022,698. This property was built in 1936. 55 Parkview Terrace is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

CORINNE TAYLOR

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 03/06/2023

Co-Listed By

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

JILL BRAY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,322

Year Built

  • Built in 1936

Lot Details

  • 5,227

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,322

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • County Name: Union
  • Street Number Display: 55
  • I D: 5205776
  • Modified: 2024-05-05
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: .129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 1, 2023
Sold by
Flanagan Michael
Bought by
Vandecker John and Vandecker Van Decker
Seller's Agent
CORINNE TAYLOR
PROMINENT PROPERTIES SIR
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
List Price
$780,000
Sold Price
$852,000
Premium/Discount to List
$72,000
9.23%
Views
66
Current Estimated Value
$1,022,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,698
Avg. Annual Appreciation
8.22%
Original Mortgage
$809,400
Outstanding Balance
$791,263
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$232,951
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Vandecker John $852,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandecker John $300,000
Open Vandecker John $809,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $852,000 +9.2% --
03/15/2023 03/15/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $780,000 -- --
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 $14,322 $331,000 $192,900 $138,100
2023 $14,322 $331,000 $192,900 $138,100
2022 $14,177 $331,000 $192,900 $138,100
2021 $14,289 $331,000 $192,900 $138,100
2020 $14,432 $331,000 $192,900 $138,100
2019 $14,448 $331,000 $192,900 $138,100
2018 $14,355 $331,000 $192,900 $138,100
2017 $14,448 $331,000 $192,900 $138,100
2016 $14,236 $331,000 $192,900 $138,100
2015 $13,958 $331,000 $192,900 $138,100
2014 $13,597 $331,000 $192,900 $138,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    CORINNE TAYLOR

    PROMINENT PROPERTIES SIR

  • J

    Seller Co-Listing Agent in 2023

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3831611

Garden State MLS

APN: 18-04704-0000-00019

New Jersey Union County Summit 07901

55 Parkview Terrace, Summit, NJ

This home is located at 55 Parkview Terrace, Summit, NJ 07901 since 06 March 2023 and is currently estimated at $1,022,698. This property was built in 1936. 55 Parkview Terrace is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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