NOT LISTED FOR SALE

71 Valley View Ave Summit, NJ 07901

Estimated Value: $2,400,000 - $3,034,000

5 Beds
3 Baths
3,650 Sq Ft
$757/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $1,350,000 $370 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $17,366/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Great Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • 2-minute walk to Grove Terrace Park

About This Home

As of May 2016

A gem! This 1892 Colonial which is filled with charm and character has been thoughtfully updated and expanded to provide all modern amenities and is situated on 1/2 acre of secluded property. A dramatic Open Concept Kit, dining area and Great Room captures the essence of contemporary living and entertaining needs. This 5/6 BR home also offers 1st floor Fam Rm, den and laundry rm with front and rear staircases to the 2nd floor BR's. The large MBR features a high tray ceiling, walk in closet and double doors that open to it's own balcony. This prime location within Franklin School is just minutes from NYC commuter trains.

Last Agent to Sell the Property

GERALDINE MCCANN

LOIS SCHNEIDER REALTOR Listed on: 03/02/2016

Last Buyer's Agent

DIANE ROBINSON

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,724

Year Built

  • Built in 1892

Lot Details

  • 0.55 Acre Lot
  • Wood Fence
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Clapboard
  • Tile

Interior Spaces

  • Dry Bar
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Great Room with Fireplace
  • Family or Dining Combination
  • Home Office
  • Recreation Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02902-0000-00030-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,724

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1892
  • County Name: Union
  • Exclusions: Outdoor speakers on Rear Porch, Refrig.
  • Directions: Blackburn Rd to Valley View Ave or Division Ave to Valley View Ave.
  • I D: 4603564
  • First Name: GERALDINE
  • First Name2: GERALDINE
  • First Name3: DIANE
  • Last Name: MCCANN
  • Last Name2: MCCANN
  • Last Name3: ROBINSON
  • Office Phone: 908-376-2726
  • Office Phone2: 908-376-2726
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1996

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Self Cleaning Oven
  • Interior Amenities: Bar-Dry, Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Storage Room, Rec Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Separate Dining Area, Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 11x15
  • Kitchen Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 10x11
  • Other Room1 Level: Second
  • Other Room 2: Great Room
  • Other Room2 Dim: 16x20
  • Other Room2 Level: First
  • Other Room 3: Breakfast
  • Other Room3 Dim: 12x15
  • Other Room3 Level: First
  • Other Room 4: Laundry Room
  • Other Room4 Dim: 9x9
  • Other Room4 Level: First
  • Level 1 Rooms: Bath(s) Other, Porch, Family Room, Kitchen, Laundry Room, Foyer, Office, Dining Room, Great Room
  • Level 2 Rooms: Bath(s) Other, Porch, 4 Or More Bedrooms, Bath Main
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Clapboard, Wood Shingle
  • Exterior Features: Open Porch(es), Wood Fence, Storage Shed, Thermal Windows/Doors, Patio, Storm Door(s), Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Loft Storage, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Gravel

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.546
  • Lot Description: Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.55

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 23724
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02902-0000-00030-0000-
  • Tax Rate Amount: 4.217
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 25, 2016
Sold by
Nancy Hennessey
Bought by
Zaki Maurice and Farid Angie
Seller's Agent
GERALDINE MCCANN
LOIS SCHNEIDER REALTOR
Buyer's Agent
DIANE ROBINSON
PROMINENT PROPERTIES SIR
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$2,764,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,414,691
Avg. Annual Appreciation
7.65%
Original Mortgage
$950,000
Outstanding Balance
$754,289
Interest Rate
3.58%
Estimated Equity
$2,010,402

Purchase Details

Closed on
Apr 17, 2008
Sold by
Snieckus Peter J
Bought by
Hennessey Nancy

Purchase Details

Closed on
Aug 22, 1996
Sold by
Macintosh Richard S and Macintosh Catherine G
Bought by
Snieckus Peter J and Snieckus Mary H
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
Zaki Maurice -- --
Hennessey Nancy -- None Available
Snieckus Peter J $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaki Maurice $950,000
Closed Zaki Maurice --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $1,350,000 0.0% $370 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $1,350,000 -- $370 / 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 $36,103 $828,800 $269,200 $559,600
2024 $35,862 $828,800 $269,200 $559,600
2023 $35,862 $828,800 $269,200 $559,600
2022 $35,498 $828,800 $269,200 $559,600
2021 $35,779 $828,800 $269,200 $559,600
2020 $24,529 $562,600 $269,200 $293,400
2019 $24,557 $562,600 $269,200 $293,400
2018 $24,400 $562,600 $269,200 $293,400
2017 $24,557 $562,600 $269,200 $293,400
2016 $24,197 $562,600 $269,200 $293,400
2015 $23,725 $562,600 $269,200 $293,400
2014 $23,112 $562,600 $269,200 $293,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3286016

Garden State MLS

APN: 18-02902-0000-00030