Seller's Agent in 2022
Kim Cannon
PROMINENT PROPERTIES SIR
(609) 947-4493
97 in this area
152 Total Sales
78 Valley View Ave Summit, NJ 07901
Estimated Value: $1,896,000 - $2,284,000
5
Beds
3.5
Baths
1,680
Sq Ft
$1,258/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Recreation Room
- L C Johnson Summit Middle School Rated A+
- Family Room with Fireplace
- 1-minute walk to Grove Terrace Park
About This Home
As of June 2022SUPER CHARMING 5BR COLONIAL IN PRIME LOCATION! An inviting front porch opens to welcoming Foyer which opens to a large Formal DR with French doors to the rear deck and to a cozy Living Rm w/FP. A sunny EIK w/center island & breakfast bar is open concept to large Family Rm addition w/WB FP. 4BRs & 2BA's on the second level include a LUX Primary Suite w/vaulted ceiling, WIC & spa-like bath. The third level has an OFC & attic storage. A terrific walk-out lower level has a rec room, 5th BR w/nearby Full BA & utility/storage/laundry space. High ceilings, hardwood floors, vintage details w/modern amenities throughout. Entertain on a spacious deck overlooking an expansive backyard. Fantastic neighborhood just blocks to Franklin Elem, NYC trains, shops, swim club, walking paths. This home ticks all the boxes!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,747
Year Built
- Built in 1900
Lot Details
- Property is zoned R-15
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Private Driveway
Home Design
- Colonial Architecture
- Wood Siding
- Tile
Interior Spaces
- High Ceiling
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Partially Finished Basement
- Walk-Out Basement
- Laundry Room
- Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Separate Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Porch
Schools
- Franklin Elementary School
- Summit Middle School
- Summit High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2918-03001-0000-00002-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 7, 2024
Sold by
Osberg Alexander and Osberg Logan
Bought by
Osberg Family Trust
Current Estimated Value
Purchase Details
Listed on
Apr 27, 2022
Closed on
May 21, 2022
Sold by
Michael Klaschka
Bought by
Osberg Alexander and Osberg Logan
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Kristin Winter
COLDWELL BANKER REALTY
List Price
$1,550,000
Sold Price
$1,750,000
Premium/Discount to List
$200,000
12.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,250,000
Interest Rate
5.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2014
Sold by
Klaschka Michael and Klaschka Marilee
Bought by
Klaschka Michael and Klaschka Marilee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 2, 2004
Sold by
Newhart Chase
Bought by
Klaschka Michael and Klaschka Marilee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.25%
Purchase Details
Closed on
Jan 16, 2002
Sold by
Newhart Mary Chase
Bought by
Newhart Chase
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 |
|---|---|---|---|
| Osberg Family Trust | -- | None Listed On Document | |
| Osberg Family Trust | -- | None Listed On Document | |
| Osberg Alexander | $1,750,000 | Realsafe Title | |
| Osberg Alexander | $1,750,000 | Realsafe Title | |
| Klaschka Michael | -- | Chicago Title Insurance Co | |
| Klaschka Michael | $780,000 | -- | |
| Newhart Chase | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Osberg Alexander | $1,250,000 | |
| Previous Owner | Klaschka Michael | $900,000 | |
| Previous Owner | Klaschka Michael | $624,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2022 06/07/22 | Sold | $1,750,000 | +12.9% | $1,042 / Sq Ft |
| 05/03/2022 05/03/22 | Pending | -- | -- | -- |
| 04/27/2022 04/27/22 | For Sale | $1,550,000 | -- | $923 / 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 |
|---|---|---|---|---|
| 2025 | $23,035 | $528,800 | $224,200 | $304,600 |
| 2024 | $22,881 | $528,800 | $224,200 | $304,600 |
| 2023 | $22,881 | $528,800 | $224,200 | $304,600 |
| 2022 | $21,364 | $498,800 | $224,200 | $274,600 |
| 2021 | $21,533 | $498,800 | $224,200 | $274,600 |
| 2020 | $21,748 | $498,800 | $224,200 | $274,600 |
| 2019 | $21,773 | $498,800 | $224,200 | $274,600 |
| 2018 | $21,633 | $498,800 | $224,200 | $274,600 |
| 2017 | $21,773 | $498,800 | $224,200 | $274,600 |
| 2016 | $21,453 | $498,800 | $224,200 | $274,600 |
| 2015 | $21,034 | $498,800 | $224,200 | $274,600 |
| 2014 | $20,491 | $498,800 | $224,200 | $274,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Cannon
-
Kristin Winter
Buyer's Agent in 2022
Kristin Winter
COLDWELL BANKER REALTY
(973) 635-4879
1 in this area
26 Total Sales
Map
Source: Garden State MLS
MLS Number: 3777940
APN: 18-03001-0000-00002
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