7 Old Oak Dr Summit, NJ 07901
Estimated Value: $1,243,423 - $1,505,000
Studio
--
Bath
2,726
Sq Ft
$504/Sq Ft
Est. Value
About This Home
This home is located at 7 Old Oak Dr, Summit, NJ 07901 and is currently estimated at $1,374,106, approximately $504 per square foot. 7 Old Oak Dr is a home located in Union County with nearby schools including New Providence High School, Oak Knoll School of the Holy Child, and The Academy of Our Lady of Peace.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 2002
Sold by
Bixby Douglas
Bought by
Timpone Michael and Timpone Dody
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,600
Outstanding Balance
$176,112
Interest Rate
6.57%
Estimated Equity
$1,197,994
Purchase Details
Closed on
Jun 21, 1997
Sold by
Galakatos Nicholas and Galakatos Alice
Bought by
Bixby Douglas F and Bixby Amira Leblanc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,700
Interest Rate
7.25%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Timpone Michael | $519,500 | -- | |
| Bixby Douglas F | $301,750 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Timpone Michael | $415,600 | |
| Previous Owner | Bixby Douglas F | $261,700 |
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 | $19,316 | $374,200 | $153,100 | $221,100 |
| 2024 | $18,736 | $374,200 | $153,100 | $221,100 |
| 2023 | $18,736 | $374,200 | $153,100 | $221,100 |
| 2022 | $18,478 | $374,200 | $153,100 | $221,100 |
| 2021 | $18,343 | $374,200 | $153,100 | $221,100 |
| 2020 | $18,336 | $374,200 | $153,100 | $221,100 |
| 2019 | $18,224 | $374,200 | $153,100 | $221,100 |
| 2018 | $18,130 | $374,200 | $153,100 | $221,100 |
| 2017 | $17,834 | $374,200 | $153,100 | $221,100 |
| 2016 | $17,584 | $374,200 | $153,100 | $221,100 |
| 2015 | $17,340 | $374,200 | $153,100 | $221,100 |
| 2014 | $17,078 | $374,200 | $153,100 | $221,100 |
Source: Public Records
Map
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