740 Springfield Ave Summit, NJ 07901
Estimated Value: $654,000 - $1,271,861
--
Bed
--
Bath
2,935
Sq Ft
$330/Sq Ft
Est. Value
About This Home
This home is located at 740 Springfield Ave, Summit, NJ 07901 and is currently estimated at $969,465, approximately $330 per square foot. 740 Springfield Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 12, 2019
Sold by
Newrez Llc
Bought by
Guo Linxia
Current Estimated Value
Purchase Details
Closed on
Sep 5, 2018
Sold by
Ramirez Jmmy and Ramirez Melania
Bought by
Mtglq Investors L P
Purchase Details
Closed on
Dec 27, 2004
Sold by
Mueller Donald
Bought by
Ramirez Jimmy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Guo Linxia | $485,000 | None Available | |
Mtglq Investors L P | $1,000 | None Available | |
Ramirez Jimmy | $515,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Guo Linxia | $357,000 | |
Previous Owner | Guo Linxia | $357,000 | |
Previous Owner | Ramirez Jimmy | $515,000 | |
Previous Owner | Ramirez Jimmy | $64,375 | |
Previous Owner | Ramirez Jimmy | $412,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,039 | $232,000 | $146,700 | $85,300 |
2023 | $10,039 | $232,000 | $146,700 | $85,300 |
2022 | $9,937 | $232,000 | $146,700 | $85,300 |
2021 | $11,531 | $267,100 | $146,700 | $120,400 |
2020 | $11,646 | $267,100 | $146,700 | $120,400 |
2019 | $11,659 | $267,100 | $146,700 | $120,400 |
2018 | $11,584 | $267,100 | $146,700 | $120,400 |
2017 | $11,659 | $267,100 | $146,700 | $120,400 |
2016 | $11,488 | $267,100 | $146,700 | $120,400 |
2015 | $11,264 | $267,100 | $146,700 | $120,400 |
2014 | -- | $267,100 | $146,700 | $120,400 |
Source: Public Records
Map
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