55 Summit Trail Sparta, NJ 07871
Estimated Value: $487,000 - $650,000
--
Bed
--
Bath
1,301
Sq Ft
$422/Sq Ft
Est. Value
About This Home
This home is located at 55 Summit Trail, Sparta, NJ 07871 and is currently estimated at $549,321, approximately $422 per square foot. 55 Summit Trail is a home located in Sussex County with nearby schools including Sparta High School, Reverand George A. Brown School, and Alpine Montessori - Sparta.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2010
Sold by
Gibbins Kurk E and Gibbins Christina Post Lordy
Bought by
Spellissy Kevin A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$178,171
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$371,150
Purchase Details
Closed on
Nov 5, 2004
Sold by
Lyden Michael and Lyden Donna
Bought by
Gibbins Kurk E
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
5.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 25, 1996
Sold by
Murphy Joseph T and Murphy Mary Virginia
Bought by
Lyden Michael and Lyden Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.31%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spellissy Kevin A | $320,000 | None Available | |
| Gibbins Kurk E | $295,000 | Fidelity Natl Title Ins Co | |
| Lyden Michael | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spellissy Kevin A | $270,000 | |
| Previous Owner | Gibbins Kurk E | $280,000 | |
| Previous Owner | Lyden Michael | $144,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,522 | $265,300 | $140,200 | $125,100 |
| 2024 | $9,248 | $265,300 | $140,200 | $125,100 |
| 2023 | $9,248 | $265,300 | $140,200 | $125,100 |
| 2022 | $9,026 | $265,300 | $140,200 | $125,100 |
| 2021 | $8,882 | $265,300 | $140,200 | $125,100 |
| 2020 | $9,020 | $265,300 | $140,200 | $125,100 |
| 2019 | $8,787 | $265,300 | $140,200 | $125,100 |
| 2018 | $8,601 | $265,300 | $140,200 | $125,100 |
| 2017 | $8,495 | $265,300 | $140,200 | $125,100 |
| 2016 | $8,296 | $265,300 | $140,200 | $125,100 |
| 2015 | $7,681 | $197,500 | $103,600 | $93,900 |
| 2014 | $7,556 | $197,500 | $103,600 | $93,900 |
Source: Public Records
Map
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