NOT LISTED FOR SALE

7 Wentworth Rd Summit, NJ 07901

Estimated Value: $1,406,845 - $1,821,000

-- Bed
-- Bath
2,623 Sq Ft
$638/Sq Ft Est. Value

About This Home

This home is located at 7 Wentworth Rd, Summit, NJ 07901 and is currently estimated at $1,674,282, approximately $638 per square foot. 7 Wentworth Rd 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
May 4, 2005
Sold by
Hewitt Relocation Services Inc
Bought by
Pierotti Timothy J and Pierotti Kristen M
Current Estimated Value
$1,674,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2005
Sold by
Smith Kevin
Bought by
Hewitt Relocation Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 9, 2003
Sold by
Prudential Residential
Bought by
Smith Kevin and Smith Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
5.82%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Grippo Michael
Bought by
Prudential Residential

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
5.82%

Purchase Details

Closed on
Feb 15, 2001
Sold by
Hunsicker Margaret
Bought by
Grippo Michael and Mayberry Grippo Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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.

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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.

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First American

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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.

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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
Pierotti Timothy J $1,326,000 --
Hewitt Relocation Services Inc $1,326,000 --
Smith Kevin $970,000 --
Prudential Residential $970,000 --
Grippo Michael $862,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierotti Timothy J $150,000
Open Pierotti Timothy J $815,000
Closed Pierotti Timothy Joseph $50,000
Closed Pierotti Timothy J $871,600
Closed Pierotti Timothy J $150,000
Previous Owner Pierotti Timothy J $925,000
Previous Owner Hewitt Relocation Services Inc $925,000
Previous Owner Smith Kevin $776,000
Previous Owner Grippo Michael $690,000
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
2024 $17,996 $415,900 $221,400 $194,500
2023 $17,996 $415,900 $221,400 $194,500
2022 $17,813 $415,900 $221,400 $194,500
2021 $17,954 $415,900 $221,400 $194,500
2020 $18,133 $415,900 $221,400 $194,500
2019 $18,154 $415,900 $221,400 $194,500
2018 $18,038 $415,900 $221,400 $194,500
2017 $18,154 $415,900 $221,400 $194,500
2016 $17,888 $415,900 $221,400 $194,500
2015 $17,539 $415,900 $221,400 $194,500
2014 $17,085 $415,900 $221,400 $194,500
Source: Public Records

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