$420,660
SOLD APR 19, 2017

686 Springfield Ave Summit, NJ 07901

1.92 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$134 Per Sq Ft

16% Below List Price

180 Days on Market

About This Lot

As of April 2018

This home is located at 686 Springfield Ave, Summit, NJ 07901 and is currently priced at $420,660, approximately $133 per square foot. 686 Springfield Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

NANCY R BURROWS

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 09/23/2016

Property Details

Property Type

Land

Est. Annual Taxes

$32,530

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 4648494
  • Modified: 2021-09-23
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Apr 16, 2018
Sold by
Sunsetdevelopers Sprinfield686 Llcg
Bought by
Cogan David and Cogan Christina
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Current Estimated Value
$2,569,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,102
Avg. Annual Appreciation
5.13%
Original Mortgage
$250,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2016
Closed on
Apr 7, 2017
Sold by
Rosen David M and Rosen Sarah A
Bought by
Sunset Developers Springfield 686 Llc
Seller's Agent
NANCY R BURROWS
LOIS SCHNEIDER REALTOR
List Price
$499,000
Sold Price
$420,660
Premium/Discount to List
-$78,340
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
322.05%
Original Mortgage
$750,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2002
Sold by
Rosen David M and Rosen Richard A
Bought by
Rosen David M and Rosen Sara A

Purchase Details

Closed on
Feb 20, 1998
Sold by
Prabhakar Bhoopalam and Prabhakar Nethravathi
Bought by
Rosen David M and Rosen Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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

Date Type Sale Price Title Company
Deed $1,750,000 Acres Land Title Agency Llc
Deed $427,500 Lakeland Title
Interfamily Deed Transfer -- --
Deed $415,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Closed $250,000 New Conventional
Previous Owner $750,000 Commercial
Previous Owner $750,000 Construction
Previous Owner $332,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $1,750,000 -2.5% $250 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $1,795,000 +326.7% $257 / Sq Ft
04/19/2017 04/19/17 Sold $420,660 -15.7% $134 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
09/23/2016 09/23/16 For Sale $499,000 -- $159 / Sq Ft
Source: Garden State MLS

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
2024 $32,530 $751,800 $216,200 $535,600
2023 $32,530 $751,800 $216,200 $535,600
2022 $32,200 $751,800 $216,200 $535,600
2021 $32,455 $751,800 $216,200 $535,600
2020 $32,778 $751,800 $216,200 $535,600
2019 $32,816 $751,800 $216,200 $535,600
2018 $10,244 $236,200 $216,200 $20,000
2017 $10,310 $236,200 $216,200 $20,000
2016 $0 $409,500 $233,600 $175,900
2015 $17,269 $409,500 $233,600 $175,900
2014 $16,822 $409,500 $233,600 $175,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • Kim Cannon

    Buyer's Agent in 2018

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    106 in this area

    162 Total Sales

    Section Image

  • N

    Seller's Agent in 2017

    NANCY R BURROWS

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3338273

Garden State MLS

APN: 18-02801-0000-00003-02

New Jersey Union County Summit 07901

686 Springfield Ave, Summit, NJ

This home is located at 686 Springfield Ave, Summit, NJ 07901 and is currently priced at $420,660, approximately $133 per square foot. 686 Springfield Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

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