NOT LISTED FOR SALE

576 Springfield Ave Summit, NJ 07901

Estimated Value: $1,067,384

-- Bed
-- Bath
2,408 Sq Ft
$443/Sq Ft Est. Value

About This Home

This home is located at 576 Springfield Ave, Summit, NJ 07901 and is currently estimated at $1,067,384, approximately $443 per square foot. 576 Springfield Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and The Winston School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Perell William Simon and Perell Howard Frederick
Bought by
Rising House Holdings Llc
Current Estimated Value
$1,067,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$401,556
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$665,828

Purchase Details

Closed on
Oct 27, 1992
Bought by
Perell Bs-Trustee Seagrove East
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Rising House Holdings Llc $715,000 Quality Ttl & Abstract Agcy
Perell Bs-Trustee Seagrove East -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rising House Holdings Llc $450,000
Source: Public Records

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 $15,346 $365,300 $181,600 $183,700
2024 $15,244 $352,300 $181,600 $170,700
2023 $15,244 $352,300 $181,600 $170,700
2022 $15,089 $352,300 $181,600 $170,700
2021 $15,209 $352,300 $181,600 $170,700
2020 $15,360 $352,300 $181,600 $170,700
2019 $15,378 $352,300 $181,600 $170,700
2018 $15,279 $352,300 $181,600 $170,700
2017 $15,378 $352,300 $181,600 $170,700
2016 $15,152 $352,300 $181,600 $170,700
2015 $14,856 $352,300 $181,600 $170,700
2014 $14,472 $352,300 $181,600 $170,700
Source: Public Records

Map

New Jersey Union County Summit 07901

576 Springfield Ave, Summit, NJ

Not Listed for Sale

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