NOT LISTED FOR SALE

77 Springfield Ave Summit, NJ 07901

Summit Area

Estimated Value: $899,000 - $1,447,425

Studio
-- Baths
2,618 Sq Ft
$455/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2023

Last sale price $675,000 $258 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,902 / mo

13 Days on Market

About This Home

As of November 2023

This home is located at 77 Springfield Ave, Summit, NJ 07901 since 27 July 2023 and is currently estimated at $1,192,356, approximately $455 per square foot. This property was built in 1900. 77 Springfield Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

DIANE TERRY

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 07/27/2023

Last Buyer's Agent

SEAN WATSON

KELLER WILLIAMS METROPOLITAN

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 13,068 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.3 Acres

Listing Details

  • Year Built: 1900
  • County Name: Union
  • I D: 5235263
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .31
  • Total Acres: 0.30

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

Closed on
Dec 11, 2024
Sold by
3 Parkside Llc
Bought by
Current Estimated Value
$1,192,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Outstanding Balance
$863,150
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$329,206

Purchase Details

Listed on
Jul 27, 2023
Closed on
Nov 28, 2023
Sold by
Summit Enterprise Holdings Llc
Bought by
3 Parkside Llc
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
SEAN WATSON
KELLER WILLIAMS METROPOLITAN
List Price
$499,000
Sold Price
$675,000
Premium/Discount to List
$176,000
35.27%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%
Original Mortgage
$773,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2023
Closed on
Oct 6, 2023
Sold by
Wesley K And Sarah K Burton Realty Llc
Bought by
Summit Enterprise Holdings Llc
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
SEAN WATSON
KELLER WILLIAMS METROPOLITAN
List Price
$499,000
Sold Price
$675,000
Premium/Discount to List
$176,000
35.27%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Burton Wesley K
Bought by
Parisi Builders Inc

Purchase Details

Closed on
Jan 8, 1998
Sold by
Burton Wesley K and Burton Sarah K
Bought by
Burton Wesley K and Sarah K Burton Realty Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Donald Hansen Real Estate Agent - C-21 NEW BEGINNINGS

    Donald Hansen

    C-21 NEW BEGINNINGS

    (908) 503-2639

    61 Total Sales

    1 in Summit

    $400,000 Price

    Donald Hansen
     Section Image
  • Antje Virostek Real Estate Agent - RE/MAX SELECT - Rockaway

    Antje Virostek

    RE/MAX SELECT - Rockaway

    (551) 244-7405

    47 Total Sales

    1 in Summit

    $385,000 Price

    Antje Virostek
     Section Image
  • Pamela 'Jill' Sockwell Real Estate Agent - COMPASS NEW JERSEY, LLC

    Pamela 'Jill' Sockwell

    COMPASS NEW JERSEY, LLC

    (917) 634-3370

    140 Total Sales

    2 in Summit

    $805K - $999K Price Range

    Pamela 'Jill' Sockwell
     Section Image
  • Tricia Himawan Real Estate Agent - Weichert Realtors, Short Hills

    Tricia Himawan

    Weichert Realtors, Short Hills

    (862) 292-9012

    33 Total Sales

    1 in Summit

    $1,815,000 Price

    Tricia Himawan
     Section Image
  • Victoria Cannizzo Real Estate Agent - REAL

    Victoria Cannizzo

    REAL

    (862) 829-3427

    85 Total Sales

    4 in Summit

    $465K - $1.7M Price Range

    Victoria Cannizzo
     Section Image
  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    46 Total Sales

    1 in Summit

    $520,000 Price

    Sean Quinn
     Section Image
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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
-- Foundation Title
3 Parkside Llc -- Foundation Title
Summit Enterprise Holdings Llc $675,000 Foundation Title
Parisi Builders Inc $80,000 Lawyers Title Insurance Corp
Burton Wesley K -- --
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 $877,500
Previous Owner -- $773,000
Previous Owner Summit Enterprise Holdings Llc $700,000
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 $675,000 0.0% $258 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/08/2023 08/08/23 Off Market $675,000 -- --
07/27/2023 07/27/23 For Sale $499,000 -- $191 / 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
2026 $16,261 $363,700 $83,600 $280,100
2025 $16,261 $363,700 $83,600 $280,100
2024 $11,350 $262,300 $83,600 $178,700
2023 $11,350 $262,300 $83,600 $178,700
2022 $11,234 $262,300 $83,600 $178,700
2021 $11,323 $262,300 $83,600 $178,700
2020 $11,436 $262,300 $83,600 $178,700
2019 $11,449 $262,300 $83,600 $178,700
2018 $11,376 $262,300 $83,600 $178,700
2017 $11,449 $262,300 $83,600 $178,700
2016 $11,282 $262,300 $83,600 $178,700
2015 $11,061 $262,300 $83,600 $178,700
2014 -- $262,300 $83,600 $178,700
Source: Public Records

Agents Affiliated with this Home

  • DT

    Seller's Agent in 2023

    DIANE TERRY

    KELLER WILLIAMS REALTY

  • SW

    Buyer's Agent in 2023

    SEAN WATSON

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3856647

Garden State MLS

APN: 18-03702-0000-00023

New Jersey Union County Summit 07901

77 Springfield Ave, Summit, NJ

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