NOT LISTED FOR SALE

553 Summit Ave Maplewood, NJ 07040

Maplewood Area

Estimated Value: $1,598,093

4 Beds
5 Baths
4,300 Sq Ft
$372/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2017

Last sale price $927,000 $216 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,554 / mo

14 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Jetted Tub in Primary Bathroom
  • Clinton Elementary School Rated A-
  • Recreation Room
  • Attic

About This Home

As of December 2017

Sophisticated, stylish and well maintained, this meticulously renovated 1920's Colonial offers 4 levels of living space. The recently renovated & expanded gourmet kitchen includes a large center island with high end appliances. A wall of doors open onto the deck for additional indoor/outdoor living. Relax on the stone patio & enjoy the professionally landscaped & fenced back yard. 4 BR's, 3.2 Baths, Au Pair suite, fireplace, hardwood floors, finished basement with vintage bar, 2 car garage with plenty of parking. The home's exterior was freshly painted & seasonal flowers abound! Come see & ENJOY!

Last Agent to Sell the Property

Karen Foley

PROMINENT PROPERTIES SIR Listed on: 10/09/2017

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Karen Foley

PROMINENT PROPERTIES SIR Listed on: 10/09/2017

PROMINENT PROPERTIES SIR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,407

Year Built

  • Built in 1923

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Parking Garage Space
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Clapboard

Interior Spaces

  • 4,300 Sq Ft Home
  • Dry Bar
  • Ceiling Fan
  • Thermal Windows
  • Shades
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Vinyl Flooring
  • Attic

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Zoned Cooling
  • Multiple Heating Units
  • Standard Electricity
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 1611-00026-0005-00124-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,407

Year Built

Built in 1923

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1923
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Front Foyer Light and Dining Room Chandelier
  • Directions: Prospect Street, to Elmwood Ave then left onto Summit Avenue
  • I D: 4752379
  • First Name: KAREN
  • First Name3: KAREN
  • Last Name: FOLEY
  • Last Name3: FOLEY
  • Office Phone: 973-335-5700
  • Office Phone3: 973-335-5700
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Flooring: Vinyl-Linoleum
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, CookGas, Washer, Water Filter, Dishwasher, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: Bar-Dry, Walk-In Closet, Security System, Fire Extinguisher, Shades, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Laundry Room, Walkout, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Center Island, Pantry
  • Kitchen Dim: 16x12
  • Kitchen Level: First
  • Living Room Dim: 25x13
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 30x12
  • Other Room1 Level: Basement
  • Other Room 2: Laundry Room
  • Other Room2 Level: Basement
  • Other Room 3: FamilyRm
  • Other Room3 Dim: 18x12
  • Other Room3 Level: Third
  • Level 1 Rooms: Foyer, Den, Living Room, Pantry, Dining Room, Entrance Vestibule, Bath(s) Other, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Attic, Bath Main, Family Room
  • Estimated Sq Ft: 4300
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Patio, Storm Door(s), Metal Fence, Storm Window(s), Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On-Street Parking, Garage Parking, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, 2 Car Width, Blacktop, Off-Street Parking, On-Street Parking

Utilities

  • Cooling: Multi-Zone Cooling, Ceiling Fan
  • Fuel Type: Electric, Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • High School: COLUMBIA
  • Middle Jr High School: S MOUNTAIN

Lot Info

  • Lot Size: 50X200
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Rental Info

  • Pets Allowed: CatsOK, DogsOK, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 20407
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1611-00026-0005-00124-0000-
  • Tax Rate Amount: 3.685
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: CLINTON

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 12, 2017
Sold by
Stone Robert J and Powell-Stone Susan A
Bought by
Seller's Agent
Karen Foley
PROMINENT PROPERTIES SIR
Buyer's Agent
Karen Foley
PROMINENT PROPERTIES SIR
List Price
$895,000
Sold Price
$927,000
Premium/Discount to List
$32,000
3.58%
Current Estimated Value
$1,598,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,093
Avg. Annual Appreciation
6.40%
Original Mortgage
$527,000
Outstanding Balance
$426,575
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,171,518

Purchase Details

Closed on
Sep 17, 2007
Sold by
Fallon William and Fallon Kirsten
Bought by
Stone Robert J and Powell Stone Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1995
Sold by
Cohen Richard
Bought by
Fallon William and Fallon Kirsten
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Maplewood, NJ

  • SYDNEY WHITE Real Estate Agent - IDENTITY PROPERTIES

    SYDNEY WHITE

    IDENTITY PROPERTIES

    (866) 823-4679

    16 Total Sales

    1 in Maplewood

    $741,000 Price

    SYDNEY WHITE
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  • Kristin Gobbel-Swanson Real Estate Agent - COLDWELL BANKER REALTY

    Kristin Gobbel-Swanson

    COLDWELL BANKER REALTY

    (862) 362-1696

    29 Total Sales

    1 in Maplewood

    $700,000 Price

    Kristin Gobbel-Swanson
     Section Image
  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    43 Total Sales

    1 in Maplewood

    $1,130,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    78 Total Sales

    4 in Maplewood

    $600K - $2M Price Range

    Steph Mahon
     Section Image
  • Maura Young Real Estate Agent - WEICHERT REALTORS

    Maura Young

    WEICHERT REALTORS

    (862) 217-5210

    67 Total Sales

    1 in Maplewood

    $977,000 Price

    Maura Young
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    63 Total Sales

    2 in Maplewood

    $440,000 Price Range

    Mackenson Bonnet
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$927,000 --
Stone Robert J $735,000 None Available
Fallon William $183,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $527,000
Previous Owner Stone Robert J $588,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/12/2017 12/12/17 Sold $927,000 +3.6% $216 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $895,000 -- $208 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $24,874 $1,036,000 $453,900 $582,100
2025 $24,874 $1,036,000 $453,900 $582,100
2024 $26,115 $1,036,000 $453,900 $582,100
2022 $25,465 $722,200 $297,500 $424,700
2021 $24,692 $722,200 $297,500 $424,700
2020 $23,991 $722,200 $297,500 $424,700
2019 $23,298 $722,200 $297,500 $424,700
2018 $21,570 $686,300 $297,500 $388,800
2017 $20,925 $686,300 $297,500 $388,800
2016 $20,408 $553,800 $265,000 $288,800
2015 $19,937 $553,800 $265,000 $288,800
2014 $19,516 $523,200 $265,000 $258,200
Source: Public Records

Agents Affiliated with this Home

  • Karen Foley Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller's Agent in 2017

    Karen Foley

    PROMINENT PROPERTIES SIR

    (973) 906-5021

    49 Total Sales

    Karen Foley
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Map

Source: Garden State MLS

MLS Number: 3423666

Garden State MLS

APN: 11-00026-05-00124

New Jersey Essex County Maplewood 07040

553 Summit Ave, Maplewood, NJ

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Information deemed reliable but not guaranteed.
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Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



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