Seller's Agent in 2024
Victoria Prodromitis
COLDWELL BANKER REALTY
(908) 522-1800
2 in this area
42 Total Sales
768 Springfield Ave Unit B8 Summit, NJ 07901
Estimated Value: $508,000
2
Beds
3
Baths
1,150
Sq Ft
$442/Sq Ft
Est. Value
About This Home
As of October 2024This home is located at 768 Springfield Ave Unit B8, Summit, NJ 07901 since 03 September 2024 and is currently estimated at $508,000, approximately $441 per square foot. This property was built in 1977. 768 Springfield Ave Unit B8 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 Listed By
COLDWELL BANKER REALTY Brokerage Phone: 908-522-1800 Listed on: 09/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,209
Year Built
- Built in 1977
Lot Details
- 3.06
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2024
Closed on
Sep 30, 2024
Sold by
Sharif Albert and Cronin Judith
Bought by
Chen Yan
Seller's Agent
Victoria Prodromitis
COLDWELL BANKER REALTY
Buyer's Agent
Susanna Shen
GARDEN HOME REALTY
List Price
$439,000
Sold Price
$501,000
Premium/Discount to List
$62,000
14.12%
Total Days on Market
9
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,000
Avg. Annual Appreciation
2.42%
Original Mortgage
$300,000
Outstanding Balance
$298,952
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$209,048
Purchase Details
Closed on
Oct 26, 2001
Sold by
Nathan Edward S and Nathan Merridith E
Bought by
Crawford Merridith E and Nathan Merridith E
Purchase Details
Closed on
Jun 23, 2000
Sold by
Nathan Edward S
Bought by
Nathan Edward S and Nathan Merridith E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.18%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 18, 1999
Sold by
Nathan Edward S
Bought by
Nathan Edward S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.53%
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 |
|---|---|---|---|
| Chen Yan | $501,000 | Old Republic National Title | |
| Crawford Merridith E | $60,000 | -- | |
| Nathan Edward S | -- | -- | |
| Nathan Edward S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Yan | $300,000 | |
| Previous Owner | Sharif Albert | $278,000 | |
| Previous Owner | Sharif Albert | $296,000 | |
| Previous Owner | Sharif Albert M | $141,000 | |
| Previous Owner | Nathan Edward S | $25,000 | |
| Previous Owner | Nathan Edward S | $129,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $501,000 | +14.1% | $436 / Sq Ft |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | For Sale | $439,000 | -- | $382 / Sq Ft |
Source: Garden State MLS
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 | $6,209 | $143,500 | $60,000 | $83,500 |
| 2023 | $6,209 | $143,500 | $60,000 | $83,500 |
| 2022 | $6,146 | $143,500 | $60,000 | $83,500 |
| 2021 | $6,195 | $143,500 | $60,000 | $83,500 |
| 2020 | $6,257 | $143,500 | $60,000 | $83,500 |
| 2019 | $6,264 | $143,500 | $60,000 | $83,500 |
| 2018 | $6,224 | $143,500 | $60,000 | $83,500 |
| 2017 | $6,264 | $143,500 | $60,000 | $83,500 |
| 2016 | $6,172 | $143,500 | $60,000 | $83,500 |
| 2015 | $6,051 | $143,500 | $60,000 | $83,500 |
| 2014 | $5,895 | $143,500 | $60,000 | $83,500 |
Source: Public Records
Agents Affiliated with this Home
-
Victoria Prodromitis
-
A
Seller Co-Listing Agent in 2024
ALBERT SHARIF
COLDWELL BANKER REALTY
-
Susanna Shen
S
Buyer's Agent in 2024
Susanna Shen
GARDEN HOME REALTY
(973) 830-6228
2 in this area
103 Total Sales
Map
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Source: Garden State MLS
MLS Number: 3921695
APN: 18-02901-0000-00004-12
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