61 Karen Way Summit, NJ 07901
Estimated Value: $1,127,165 - $1,527,000
--
Bed
--
Bath
1,964
Sq Ft
$679/Sq Ft
Est. Value
About This Home
This home is located at 61 Karen Way, Summit, NJ 07901 and is currently estimated at $1,334,291, approximately $679 per square foot. 61 Karen Way 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2015
Sold by
Gabrielsen Gabrielsen W and Gabrielsen C
Bought by
Katz Jennifer L
Current Estimated Value
Purchase Details
Closed on
Aug 27, 2007
Sold by
Allen Martin R
Bought by
Gabrielsen Ii William Christian and Gabrielsen Lena M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Katz Jennifer L | $731,500 | -- | |
| Gabrielsen Ii William Christian | $725,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gabrielsen Ii William Christian | $163,000 | |
| Previous Owner | Gabrielsen Ii William Christian | $417,000 |
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 | $12,571 | $288,600 | $145,300 | $143,300 |
| 2024 | $12,488 | $288,600 | $145,300 | $143,300 |
| 2023 | $12,488 | $288,600 | $145,300 | $143,300 |
| 2022 | $12,361 | $288,600 | $145,300 | $143,300 |
| 2021 | $12,459 | $288,600 | $145,300 | $143,300 |
| 2020 | $12,583 | $288,600 | $145,300 | $143,300 |
| 2019 | $12,597 | $288,600 | $145,300 | $143,300 |
| 2018 | $12,517 | $288,600 | $145,300 | $143,300 |
| 2017 | $12,597 | $288,600 | $145,300 | $143,300 |
| 2016 | $12,413 | $288,600 | $145,300 | $143,300 |
| 2015 | $12,170 | $288,600 | $145,300 | $143,300 |
| 2014 | $11,856 | $288,600 | $145,300 | $143,300 |
Source: Public Records
Map
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