NOT LISTED FOR SALE

743 Springfield Ave Summit, NJ 07901

Estimated Value: $1,534,000 - $2,218,000

5 Beds
4 Baths
1,431 Sq Ft
$1,310/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2023

Last sale price $1,690,000 $1,181 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,349 / mo

36 Days on Market

About This Home

As of November 2023

This home is located at 743 Springfield Ave, Summit, NJ 07901 since 02 August 2023 and is currently estimated at $1,874,108, approximately $1,309 per square foot. 743 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.

Last Agent to Sell the Property

NATALYA PRICE

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 08/02/2023

Last Buyer's Agent

MATTHEW SPACE

NEST SEEKERS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Lot Details

  • 11,326 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.26 Acres

Listing Details

  • County Name: Union
  • I D: 5236648
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 75X150
  • Total Acres: 0.26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 31, 2023
Sold by
Bought by
Seller's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
Buyer's Agent
MATTHEW SPACE
NEST SEEKERS NEW JERSEY LLC
List Price
$1,750,000
Sold Price
$1,690,000
Premium/Discount to List
-$60,000
-3.43%
Views
126
Current Estimated Value
$1,874,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,108
Avg. Annual Appreciation
4.01%
Original Mortgage
$750,000
Outstanding Balance
$733,979
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$1,140,129

Purchase Details

Closed on
Jul 27, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,690,000 Simplicity Title
$650,000 Old Republic National Title
$650,000 Old Republic National Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $1,690,000 -3.4% $1,181 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $1,750,000 -- $1,223 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $27,421 $629,500 $140,700 $488,800
2024 $9,744 $629,500 $140,700 $488,800
2023 $9,744 $225,200 $140,700 $84,500
2022 $9,645 $225,200 $140,700 $84,500
2021 $9,722 $225,200 $140,700 $84,500
2020 $9,819 $225,200 $140,700 $84,500
2019 $9,830 $225,200 $140,700 $84,500
2018 $9,767 $225,200 $140,700 $84,500
2017 $9,830 $225,200 $140,700 $84,500
2016 $9,686 $225,200 $140,700 $84,500
2015 $9,497 $225,200 $140,700 $84,500
2014 $9,251 $225,200 $140,700 $84,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    NATALYA PRICE

    COMPASS NEW JERSEY, LLC

  • M

    Buyer's Agent in 2023

    MATTHEW SPACE

    NEST SEEKERS NEW JERSEY LLC

  • W

    Buyer Co-Listing Agent in 2023

    William Greer

    NEST SEEKERS NEW JERSEY LLC

    (908) 386-5542

    6 Total Sales

    William Greer
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Map

Source: Garden State MLS

MLS Number: 3857542

Garden State MLS

APN: 18-01702-0000-00054

New Jersey Union County Summit 07901

743 Springfield Ave, Summit, NJ

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