NOT LISTED FOR SALE

66 Prospect Hill Ave Summit, NJ 07901

Estimated Value: $2,566,067 - $3,451,000

4 Beds
3 Baths
3,337 Sq Ft
$930/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2014

Last sale price $1,695,000 $508 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $19,574 / mo

About This Home

As of May 2014

This home is located at 66 Prospect Hill Ave, Summit, NJ 07901 since 16 May 2014 and is currently estimated at $3,104,356, approximately $930 per square foot. 66 Prospect Hill Ave 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.

Last Buyer's Agent

KATHLEEN FRIDAY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Lot Details

  • 22,651 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.52 Acres

Listing Details

  • County Name: Union
  • I D: 4431632
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.20

Lot Info

  • Total Acres: 0.52

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
May 16, 2014
Closed on
May 16, 2014
Sold by
Bought by
Buyer's Agent
KATHLEEN FRIDAY
PROMINENT PROPERTIES SIR
Sold Price
$1,695,000
Current Estimated Value
$3,104,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,409,356
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,356,000
Outstanding Balance
$979,638
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,124,719

Purchase Details

Closed on
Mar 19, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.69%

Purchase Details

Closed on
Dec 3, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

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

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ICE

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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

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
$1,695,000 Multiple
-- None Available
$1,835,000 --
$1,100,000 Chicago Title Insurance Co
$835,000 --
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 $1,356,000
Previous Owner $800,000
Previous Owner $35,000
Previous Owner $750,000
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
05/16/2014 05/16/14 Sold $1,695,000 -- $508 / 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
2025 $33,859 $777,300 $434,800 $342,500
2024 $33,634 $777,300 $434,800 $342,500
2023 $33,634 $777,300 $434,800 $342,500
2022 $33,292 $777,300 $434,800 $342,500
2021 $33,556 $777,300 $434,800 $342,500
2020 $33,890 $777,300 $434,800 $342,500
2019 $33,929 $777,300 $434,800 $342,500
2018 $33,712 $777,300 $434,800 $342,500
2017 $33,929 $777,300 $434,800 $342,500
2016 $33,432 $777,300 $434,800 $342,500
2015 $32,779 $777,300 $434,800 $342,500
2014 $31,931 $777,300 $434,800 $342,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2014

    KATHLEEN FRIDAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3126305

Garden State MLS

APN: 18-03502-0000-00012

New Jersey Union County Summit 07901

66 Prospect Hill Ave, Summit, NJ

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