NOT LISTED FOR SALE

7 Mount Vernon Ave Summit, NJ 07901

Estimated Value: $1,324,000 - $2,165,000

Studio
-- Bath
2,468 Sq Ft
$657/Sq Ft Est. Value

About This Home

This home is located at 7 Mount Vernon Ave, Summit, NJ 07901 and is currently estimated at $1,621,620, approximately $657 per square foot. 7 Mount Vernon 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2013
Sold by
Armstrong Terence P and Armstrong Andrea J
Bought by
Armstrong Terence P and Armstrong Andrea J
Current Estimated Value
$1,621,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,800
Outstanding Balance
$350,861
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$1,270,759

Purchase Details

Closed on
Aug 19, 2010
Sold by
Chiella Kevin M and Chiella Dagmar S
Bought by
Armstrong Terence P and Armstrong Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2000
Sold by
Murray Keith A and Murray Lisa
Bought by
Chiella Kevin M and Chiella Dagmar S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.15%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Armstrong Terence P -- None Available
Armstrong Terence P $600,000 Multiple
Chiella Kevin M $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Terence P $492,800
Previous Owner Armstrong Terence P $480,000
Previous Owner Chiella Kevin M $312,000
Source: Public Records

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
2025 $17,411 $399,700 $153,200 $246,500
2024 $17,295 $399,700 $153,200 $246,500
2023 $17,295 $399,700 $153,200 $246,500
2022 $17,119 $399,700 $153,200 $246,500
2021 $17,255 $399,700 $153,200 $246,500
2020 $17,427 $399,700 $153,200 $246,500
2019 $11,607 $265,900 $153,200 $112,700
2018 $11,532 $265,900 $153,200 $112,700
2017 $11,607 $265,900 $153,200 $112,700
2016 $11,436 $265,900 $153,200 $112,700
2015 $11,213 $265,900 $153,200 $112,700
2014 $10,923 $265,900 $153,200 $112,700
Source: Public Records

Map

New Jersey Union County Summit 07901

7 Mount Vernon Ave, Summit, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes