NOT LISTED FOR SALE

8 Washington Ave Summit, NJ 07901

Estimated Value: $731,850 - $922,000

-- Bed
-- Bath
1,814 Sq Ft
$481/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $567,500 $313 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,336/month

122 Days on Market

About This Home

As of August 2019

This home is located at 8 Washington Ave, Summit, NJ 07901 since 26 March 2019 and is currently estimated at $872,213, approximately $480 per square foot. 8 Washington Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and The Winston School.

Last Agent to Sell the Property

Suzanne Lear

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 03/26/2019

Last Buyer's Agent

Suzanne Lear

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 03/26/2019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,455

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 8
  • I D: 4880457
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Aug 27, 2019
Sold by
Rodriguez Anides and Kruger Anides Rodriguez
Bought by
Keung Chi Kit and Wang Ying
Seller's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
Buyer's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
List Price
$599,000
Sold Price
$567,500
Premium/Discount to List
-$31,500
-5.26%
Current Estimated Value
$872,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,713
Avg. Annual Appreciation
6.98%
Original Mortgage
$432,000
Outstanding Balance
$383,230
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$467,422

Purchase Details

Closed on
Mar 6, 2002
Sold by
Jimenez Nelson
Bought by
Jimenez Anides
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

Date Buyer Sale Price Title Company
Keung Chi Kit $567,500 Topnotch Title Services Inc
Jimenez Anides -- --
Jimenez Anides -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keung Chi Kit $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $567,500 -5.3% $313 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $599,000 -- $330 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

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 $7,455 $172,300 $66,100 $106,200
2023 $7,455 $172,300 $66,100 $106,200
2022 $7,380 $172,300 $66,100 $106,200
2021 $7,438 $172,300 $66,100 $106,200
2020 $7,512 $172,300 $66,100 $106,200
2019 $7,521 $172,300 $66,100 $106,200
2018 $7,473 $172,300 $66,100 $106,200
2017 $7,521 $172,300 $66,100 $106,200
2016 $7,411 $172,300 $66,100 $106,200
2015 $7,266 $172,300 $66,100 $106,200
2014 $7,078 $172,300 $66,100 $106,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    67 in this area

    121 Total Sales

    Suzanne Lear
    Section Image

  • J

    Buyer Co-Listing Agent in 2019

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3541873

Garden State MLS

APN: 18-03702-0000-00014

New Jersey Union County Summit 07901

8 Washington Ave, Summit, NJ

This home is located at 8 Washington Ave, Summit, NJ 07901 since 26 March 2019 and is currently estimated at $872,213, approximately $480 per square foot. 8 Washington Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and The Winston School.

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