NOT LISTED FOR SALE

706 Springfield Ave Summit, NJ 07901

Estimated Value: $1,779,000 - $2,465,258

5 Beds
3.5 Baths
5,933 Sq Ft
$374/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $1,655,000 $279 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,906/month

15 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Recreation Room
  • L C Johnson Summit Middle School Rated A+
  • Deck
  • Great Room with Fireplace

About This Home

As of July 2022

It doesn't get better than this wonderful home in one of Summit's best locations close to the NYC Train, Wilson Primary and Franklin Elementary, Summit Tennis Club, Clearwater Swim Club and downtown Summit restaurants and shopping! Move right into this open and airy charmer perfect for entertaining and everyday living. Fabulous, sundrenched 2-Story Great Room with fireplace. Chef's Kitchen with crisp white custom cabinetry, high-end stainless steel appliances and granite countertops. Elegant Dining Room. Gorgeous Home Office with custom Built Ins. 1st Level Guest Room. Mud Room. 2 Car Garage. Picturesque property with Deck, huge Patio, and lower level grassy area backing up to wooded area for immense privacy. Primary Bedroom Suite with Sitting Room, 2 Walk In Closets and out of this world Bath. 3 other sun-drenched bedrooms with roomy closets. 2nd Floor Laundry. Finished Lower Level with an amazing Recreation Room, Craft/Exercise Room and Half Bath with access to the backyard. Don't blink, 706 Springfield won't last!

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 05/19/2022

Last Buyer's Agent

RYAN T. SUNDEN

YOUR HOME SOLD GUARANTEED REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,369

Year Built

  • Built in 2002

Lot Details

  • 0.68

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Composition Shingle Roof

Interior Spaces

  • 5,933 Sq Ft Home
  • Dry Bar
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Library
  • Recreation Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Franklin Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02901-0000-00025-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,369

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2002
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: see addendum attached to sellers disclosure
  • Directions: Division Ave or Morris Ave to Springfield Ave
  • I D: 5152114
  • First Name: SUSAN
  • First Name3: RYAN T.
  • Last Name: ADLER
  • Last Name3: SUNDEN
  • Office Phone3: 201-445-4300
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, CookGas, Dishwasher, Disposal, Dryer, Microwave Oven, Refrigerator, OvnWGas, Washer
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Walk-In Closet, Window Treatments
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Exercise Room, Powder Room, Rec Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 14x27
  • Kitchen Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 23x20
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 33x13
  • Other Room2 Level: Basement
  • Other Room 3: Exercise Room
  • Other Room3 Dim: 21x26
  • Other Room3 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Foyer, GarEnter, Great Room, Kitchen, Library, MudRoom, Pantry
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other, Laundry Room, SittngRm
  • Estimated Sq Ft: 5933
  • Phone: 908-273-2991

Exterior Features

  • Exterior Features: Deck, Patio
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: .686
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 26369
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02901-0000-00025-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 21, 2022
Sold by
Moore Daniel W and Moore Ritsuko
Bought by
Betigeri Sudarshan and Sane Madhura
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
RYAN T. SUNDEN
YOUR HOME SOLD GUARANTEED REALTY
List Price
$1,495,000
Sold Price
$1,655,000
Premium/Discount to List
$160,000
10.7%
Current Estimated Value
$2,221,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,315
Avg. Annual Appreciation
9.13%
Original Mortgage
$1,158,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Roberts William
Bought by
Moore Daniel W and Moore Ritsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 16, 1998
Sold by
Rollman Robert T and Rollman Julianne M
Bought by
Roberts William and Roberts Joie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.95%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Betigeri Sudarshan $1,655,000 Carnegie Title
Moore Daniel W $1,265,000 --
Roberts William $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betigeri Sudarshan $1,158,500
Previous Owner Moore Daniel W $575,000
Previous Owner Roberts William $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $1,655,000 +10.7% $279 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $1,495,000 -- $252 / Sq Ft
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
2025 $27,216 $624,800 $165,800 $459,000
2024 $27,035 $624,800 $165,800 $459,000
2023 $27,035 $624,800 $165,800 $459,000
2022 $25,904 $604,800 $165,800 $439,000
2021 $26,109 $604,800 $165,800 $439,000
2020 $26,369 $604,800 $165,800 $439,000
2019 $26,400 $604,800 $165,800 $439,000
2018 $26,230 $604,800 $165,800 $439,000
2017 $26,400 $604,800 $165,800 $439,000
2016 $26,012 $604,800 $165,800 $439,000
2015 $25,504 $604,800 $165,800 $439,000
2014 $24,845 $600,700 $165,800 $434,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • R

    Buyer's Agent in 2022

    RYAN T. SUNDEN

    YOUR HOME SOLD GUARANTEED REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3783543

Garden State MLS

APN: 18-02901-0000-00025

New Jersey Union County Summit 07901

706 Springfield Ave, Summit, NJ

Not Listed for Sale

Detached

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