K
Seller's Agent in 2022
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
62 Park Ave Unit 501 Summit, NJ 07901
3
Beds
2.5
Baths
--
Sq Ft
0.31
Acres
Highlights
- Recreation Room
- Wood Flooring
- Formal Dining Room
- L C Johnson Summit Middle School Rated A+
- High Ceiling
- 5-minute walk to Edison Recreation Center
About This Home
As of October 2022LIGHT FILLED END UNIT TOWNHOUSE/CONDO with an open floor plan, features Great Room w/fireplace, open Kitchen, separate Dining room, laundry room, Powder room, all on the first level. Attached Garage. Second level has Master Suite w/walk-in closet, full bath w/shower, 2 additional spacious bedrooms, 2nd full bath. Hardwood floors throughout this very desirable Townhouse. Finished basement w/high ceilings, large yard with an oversized paver patio and a professionally landscaped yard. Only 1/2 mile to the train station and downtown Summit. Commuter's delight. Situated in Brayton Elementary School District.
Last Agent to Sell the Property
PATRICIA CULNEN
WEICHERT REALTORS Listed on: 02/18/2017
Co-Listed By
CINDY HERMAN JAMES
WEICHERT REALTORS
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,720
Year Built
- Built in 2004
Parking
- 1 Car Attached Garage
Home Design
- Vinyl Siding
- Tile
Interior Spaces
- High Ceiling
- Wood Burning Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Finished Basement
- Sump Pump
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Brayton Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Standard Electricity
- Gas Water Heater
Additional Features
- Patio
- Wood Fence
Listing and Financial Details
- Assessor Parcel Number 2918-04005-0000-00005-0001-
- Tax Block *
Community Details
Pet Policy
- Pets Allowed
Security
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2022
Closed on
Oct 17, 2022
Sold by
Stefanelli Michael D and Stefanelli Olivia D
Bought by
Li Caleb and Li Gladys
Seller's Agent
KRISTEN PIEROTTI
PROMINENT PROPERTIES SIR
Buyer's Agent
TAMMY LI
LIBERTY REALTY, LLC.
List Price
$575,000
Sold Price
$635,000
Premium/Discount to List
$60,000
10.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,975
Avg. Annual Appreciation
10.59%
Original Mortgage
$508,000
Outstanding Balance
$487,842
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$364,133
Purchase Details
Listed on
Feb 18, 2017
Closed on
May 9, 2017
Sold by
Reyes Javier A and Terrassa River Andrea
Bought by
Stefanelli Michael D and Stefanelli Olivia
Seller's Agent
PATRICIA CULNEN
WEICHERT REALTORS
Buyer's Agent
Michele DiBenedetto
BHHS FOX & ROACH
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$499,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 10, 2009
Sold by
Yasnowski John and Yasnowski Bernice
Bought by
Reyes Javier A and Terrassa Rivera Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 8, 2004
Sold by
Beaconville Bldrs Llc
Bought by
Yasnowski John and Phillips Bernice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,100
Interest Rate
5.89%
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $635,000 | American Land Title | |
| Bargain Sale Deed | $635,000 | American Land Title | |
| Deed | $555,000 | None Available | |
| Bargain Sale Deed | $440,000 | None Available | |
| Deed | $365,450 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $508,000 | New Conventional | |
| Closed | $508,000 | New Conventional | |
| Previous Owner | $499,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $396,000 | New Conventional | |
| Previous Owner | $323,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2022 10/27/22 | Sold | $635,000 | +10.4% | -- |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 09/09/2022 09/09/22 | For Sale | $575,000 | +3.6% | -- |
| 05/12/2017 05/12/17 | Sold | $555,000 | -3.5% | -- |
| 03/28/2017 03/28/17 | Pending | -- | -- | -- |
| 02/18/2017 02/18/17 | For Sale | $575,000 | -- | -- |
Source: Garden State MLS
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 | $9,845 | $226,000 | $86,300 | $139,700 |
| 2024 | $9,779 | $226,000 | $86,300 | $139,700 |
| 2023 | $9,779 | $226,000 | $86,300 | $139,700 |
| 2022 | $9,756 | $226,000 | $86,300 | $139,700 |
| 2021 | $9,865 | $226,000 | $86,300 | $139,700 |
| 2020 | $9,854 | $226,000 | $86,300 | $139,700 |
| 2019 | $9,865 | $226,000 | $86,300 | $139,700 |
| 2018 | $9,802 | $226,000 | $86,300 | $139,700 |
| 2017 | $9,865 | $226,000 | $86,300 | $139,700 |
| 2016 | $9,720 | $226,000 | $86,300 | $139,700 |
| 2015 | $9,530 | $226,000 | $86,300 | $139,700 |
| 2014 | $9,284 | $226,000 | $86,300 | $139,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2022
JILL BRAY
PROMINENT PROPERTIES SIR
-
T
Buyer's Agent in 2022
TAMMY LI
LIBERTY REALTY, LLC.
-
P
Seller's Agent in 2017
PATRICIA CULNEN
WEICHERT REALTORS
-
C
Seller Co-Listing Agent in 2017
CINDY HERMAN JAMES
WEICHERT REALTORS
-
Michele DiBenedetto
Buyer's Agent in 2017
Michele DiBenedetto
BHHS FOX & ROACH
(908) 432-5603
3 in this area
88 Total Sales
Map
Source: Garden State MLS
MLS Number: 3365613
APN: 18-04005-0000-00005-01
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