NOT LISTED FOR SALE

7 de Bary Place Summit, NJ 07901

Estimated Value: $1,318,000 - $1,866,101

5 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot Lot

Sale Details

Date Sold: May 10, 2024

Last sale price $1,600,000

Est. 9% increase in value since last sale

Current estimated payment $11,124 / mo

11 Days on Market

About This Home

As of May 2024

This home is located at 7 de Bary Place, Summit, NJ 07901 since 18 March 2024 and is currently estimated at $1,665,025. This property was built in 1928. 7 de Bary Place 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 Agent to Sell the Property

LISA S. HATCH

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 03/18/2024

Co-Listed By

Annemarie Cahill

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

XIAOXIAN CHAN

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Year Built: 1928
  • County Name: Union
  • I D: 5276112
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 60X110
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 8, 2024
Sold by
Mendez Ileana
Bought by
Young Li and Yan Dong Yan
Seller's Agent
LISA S. HATCH
PROMINENT PROPERTIES SIR
Buyer's Agent
XIAOXIAN CHAN
KELLER WILLIAMS REALTY
List Price
$1,495,000
Sold Price
$1,600,000
Premium/Discount to List
$105,000
7.02%
Views
92
Current Estimated Value
$1,738,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,015
Avg. Annual Appreciation
1.98%
Original Mortgage
$1,200,000
Outstanding Balance
$1,180,743
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$484,282

Purchase Details

Closed on
May 24, 1991
Bought by
Lorenz Kevin and Ileana Mendez
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Li $1,600,000 Elite Title
Lorenz Kevin $312,500 --
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 Young Li $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $1,600,000 +7.0% --
03/29/2024 03/29/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $1,495,000 -- --
Source: Garden State MLS

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 $20,626 $527,600 $197,600 $330,000
2024 $20,488 $473,500 $197,600 $275,900
2023 $20,488 $473,500 $197,600 $275,900
2022 $20,280 $473,500 $197,600 $275,900
2021 $20,441 $473,500 $197,600 $275,900
2020 $20,645 $473,500 $197,600 $275,900
2019 $20,668 $473,500 $197,600 $275,900
2018 $20,536 $473,500 $197,600 $275,900
2017 $20,668 $473,500 $197,600 $275,900
2016 $20,365 $473,500 $197,600 $275,900
2015 $19,968 $473,500 $197,600 $275,900
2014 $19,451 $473,500 $197,600 $275,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    LISA S. HATCH

    PROMINENT PROPERTIES SIR

  • Annemarie Cahill

    Seller Co-Listing Agent in 2024

    Annemarie Cahill

    PROMINENT PROPERTIES SIR

    (908) 397-8785

    10 in this area

    14 Total Sales

    Annemarie Cahill
    Section Image

  • X

    Buyer's Agent in 2024

    XIAOXIAN CHAN

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3891502

Garden State MLS

APN: 18-02610-0000-00002

New Jersey Union County Summit 07901

7 de Bary Place, Summit, NJ

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