NOT LISTED FOR SALE

7 Plain St Summit, NJ 07901

Estimated Value: $870,000 - $987,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold May 30, 2024

Last sale price $860,000

Est. 11% increase in value since last sale

Current estimated payment $6,277/month

71 Days on Market

About This Home

As of May 2024

This home is located at 7 Plain St, Summit, NJ 07901 since 02 August 2023 and is currently estimated at $956,912. This property was built in 1890. 7 Plain St 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

Claire Cassidy

COLDWELL BANKER REALTY Brokerage Phone: 973-635-8200 Listed on: 08/02/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

SILVIA GIANNI

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,899

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,899

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Union
  • Street Number Display: 7
  • I D: 5236653
  • Modified: 2025-05-31
  • Number Images: 1
  • Attribution Contact: 973-635-8200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 100X166
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
May 23, 2024
Sold by
412 Morris Ave Unit 9 Llc and 7 Plain St Llc
Bought by
Choi Peter Soonwuk and Li Yi Chen
Seller's Agent
Claire Cassidy
COLDWELL BANKER REALTY
Buyer's Agent
SILVIA GIANNI
COMPASS NEW JERSEY, LLC
List Price
$849,000
Sold Price
$860,000
Premium/Discount to List
$11,000
1.3%
Views
359
Current Estimated Value
$956,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,912
Avg. Annual Appreciation
5.33%
Original Mortgage
$688,000
Outstanding Balance
$682,398
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$229,615

Purchase Details

Listed on
Feb 28, 2017
Closed on
Apr 25, 2017
Sold by
Sandoval Dustin C and Sandoval Ashley N
Bought by
412 Morris Ave Unit 9 Llc
Seller's Agent
Victoria Carter
WEICHERT REALTORS
Buyer's Agent
Claire Cassidy
COLDWELL BANKER REALTY
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$363,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 14, 2015
Closed on
Mar 9, 2015
Sold by
Lee Sean H and Han Seri
Bought by
Sandoval Dustin C and Sandoval Ashley N
Seller's Agent
DEBBIE A RYBKA
COLDWELL BANKER REALTY
Buyer's Agent
Victoria Carter
WEICHERT REALTORS
Sold Price
$655,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$589,400
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2014
Sold by
Lee Sean H and Han Seri
Bought by
Lee Sean H and Han Seri

Purchase Details

Closed on
Oct 29, 2010
Sold by
Piana Robert
Bought by
Lee Sean H and Han Seri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,370
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1994
Sold by
Piana Edwin
Bought by
Piana Burnett
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Choi Peter Soonwuk $860,000 Commonwealth Title
412 Morris Ave Unit 9 Llc $660,000 Nrt Title Agency Llc
Sandoval Dustin C $655,000 Weichert Title Agency
Lee Sean H -- None Available
Lee Sean H $325,000 Fidelity Natl Title Ins Co
Piana Burnett $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Peter Soonwuk $688,000
Previous Owner 7 Plain St Llc $400,000
Previous Owner 412 Morris Ave Init 9 Llc $363,000
Previous Owner 412 Morris Ave Unit 9 Llc $363,000
Previous Owner Sandoval Dustin C $589,400
Previous Owner Lee Sean H $50,000
Previous Owner Lee Seung H $417,000
Previous Owner Lee Sean H $441,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $860,000 +1.3% --
10/19/2023 10/19/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $849,000 +28.6% --
05/12/2017 05/12/17 Sold $660,000 -5.6% --
04/01/2017 04/01/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $699,000 +6.7% --
04/14/2015 04/14/15 Sold $655,000 -- --
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 $11,899 $275,000 $103,200 $171,800
2023 $11,899 $275,000 $103,200 $171,800
2022 $11,778 $275,000 $103,200 $171,800
2021 $11,872 $275,000 $103,200 $171,800
2020 $11,990 $275,000 $103,200 $171,800
2019 $12,004 $275,000 $103,200 $171,800
2018 $11,927 $275,000 $103,200 $171,800
2017 $12,004 $275,000 $103,200 $171,800
2016 $8,185 $190,300 $103,200 $87,100
2015 $8,025 $190,300 $103,200 $87,100
Source: Public Records

Agents Affiliated with this Home

  • Claire Cassidy

    Seller's Agent in 2024

    Claire Cassidy

    COLDWELL BANKER REALTY

    (908) 499-2569

    6 in this area

    32 Total Sales

    Claire Cassidy
    Section Image

  • S

    Buyer's Agent in 2024

    SILVIA GIANNI

    COMPASS NEW JERSEY, LLC

  • V

    Seller's Agent in 2017

    Victoria Carter

    WEICHERT REALTORS

    (973) 376-6748

    15 in this area

    519 Total Sales

    Victoria Carter
    Section Image

  • D

    Seller's Agent in 2015

    DEBBIE A RYBKA

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3857558

Garden State MLS

APN: 18-00404-0000-00014-02

New Jersey Union County Summit 07901

7 Plain St, Summit, NJ

This home is located at 7 Plain St, Summit, NJ 07901 since 02 August 2023 and is currently estimated at $956,912. This property was built in 1890. 7 Plain St 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.

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