NOT LISTED FOR SALE

82 Franklin Place Summit, NJ 07901

Summit Area

Estimated Value: $1,316,815

2 Beds
2.5 Baths
1,955 Sq Ft
0.97 Acre Lot

Sale Details

Date Sold: February 4, 2020

Last sale price $830,000 $425 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,229 / mo

231 Days on Market

Highlights

  • Deck
  • 2-minute walk to Summit
  • Main Floor Bedroom
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • 4-minute walk to Mabie Memorial Playground

About This Home

As of February 2020

Beechwood One. Luxury. Lifestyle. Location....The Beechwood I duplex one of fourteen homes at The Village Courtyard, a new and exciting Condominium development located in the heart of    of Summit's vibrant Downtown. Take in the vibe of Summit's restaurants, outdoor dining, shops, fields and community events amidst walkable tree-lined city streets, and still be just a few steps to Mid-town Direct commuter trains to New York City.Step in and savor New York City chic style that you'll find in each of these condominium, where top amenities and fine architectural details prevail throughout each exquisitely finished dwelling, a central parklike courtyard with gazebo and sitting areas, guest onsite parking, and much more....

Last Agent to Sell the Property

MARTHA MCDONNELL

PROMINENT PROPERTIES SIR Listed on: 04/20/2019

Last Buyer's Agent

NANCY R BURROWS

LOIS SCHNEIDER REALTOR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • Sprinkler System

HOA Fees

  • $611 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,955 Sq Ft Home
  • Central Vacuum
  • High Ceiling
  • Living Room with Fireplace
  • Family or Dining Combination
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub With Separate Shower Stall

Home Security

Outdoor Features

  • Deck
  • Gazebo
  • Pergola
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00004-0001-

Community Details

Overview

  • Association fees include maintenance-common area

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2018 | Under Construction

Lot Details

0.97 Acres

HOA Fees

$611 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2018
  • Year Built Description: Under Construction
  • County Name: Union
  • Directions: Summit Avenue to Franklin Place UNIT # 9
  • I D: 4856665
  • Section Subdiv Development: The Village Courtyard
  • First Name: MARTHA
  • First Name3: NANCY R
  • Last Name: MCDONNELL
  • Last Name3: BURROWS
  • Office Phone: 973-301-0307
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Refrigerator, Dishwasher, Disposal, Microwave Oven
  • Interior Amenities: TubShowr, Walk-In Closet, Fire Alarm Sys, StallTub, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Ground
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Center Island
  • Kitchen Dim: 13x14
  • Kitchen Level: First
  • Living Room Dim: 15x14
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, InsdEntr, Powder Room
  • Estimated Sq Ft: 1955
  • Ground Level Rooms: 1 Bedroom, Laundry Room, GarEnter, Bath Main, Inside Entrance
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: ConcBrd
  • Exterior Features: Underground Lawn Sprinkler, Pergola, Gazebo, Open Porch(es), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, InEntrnc
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned, Blacktop

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 611
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 1200
  • Pets Allowed: Yes

Tax Info

  • Street Number Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00004-0001-
  • Tax Rate Amount: 4.337
  • Tax Year: 2018

MLS Schools

  • Grade School: Lincoln-Hubbard

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
Apr 20, 2019
Closed on
Feb 4, 2020
Sold by
68 72 Franklin Place Llc
Bought by
Seller's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Buyer's Agent
NANCY R BURROWS
LOIS SCHNEIDER REALTOR
List Price
$1,075,000
Sold Price
$830,000
Premium/Discount to List
-$245,000
-22.79%
Current Estimated Value
$1,316,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,815
Avg. Annual Appreciation
7.22%
Original Mortgage
$581,000
Outstanding Balance
$504,955
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$811,860

Purchase Details

Closed on
Mar 17, 2015
Sold by
68-72 Franklin Place Llc
Bought by
68-72 Franklin Place Llc

Purchase Details

Closed on
Mar 30, 2002
Sold by
Liebman Peter and Liebman Cynthia
Bought by
68-72 Franklin Place 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

  • Lorraine First Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Lorraine First

    KL SOTHEBY'S INT'L. REALTY

    (857) 305-4661

    63 Total Sales

    1 in Summit

    $716,000 Price

    Lorraine First
     Section Image
  • Donald Hansen Real Estate Agent - C-21 NEW BEGINNINGS

    Donald Hansen

    C-21 NEW BEGINNINGS

    (908) 503-2639

    62 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

    48 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

    32 Total Sales

    1 in Summit

    $1,815,000 Price

    Tricia Himawan
     Section Image
  • Emily Frisch Real Estate Agent - WEICHERT REALTORS

    Emily Frisch

    WEICHERT REALTORS

    (862) 465-9040

    143 Total Sales

    3 in Summit

    $518K - $1.2M Price Range

    Emily Frisch
     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
$830,000 Simplicity Title Llc
68-72 Franklin Place Llc -- None Available
68-72 Franklin Place Llc -- Chicago Title Insurance Co
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 $581,000
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
02/04/2020 02/04/20 Sold $830,000 -7.7% $425 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $899,000 -16.4% $460 / Sq Ft
04/20/2019 04/20/19 For Sale $1,075,000 -- $550 / 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 -- --
2025 -- --
2024 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $48,670 $1,115,000 $1,115,000 $0
2016 $47,956 $1,115,000 $1,115,000 $0
Source: Public Records

Agents Affiliated with this Home

  • MM

    Seller's Agent in 2020

    MARTHA MCDONNELL

    PROMINENT PROPERTIES SIR

  • NB

    Buyer's Agent in 2020

    NANCY R BURROWS

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3549437

Garden State MLS

APN: 18-03401-0000-00004-01

New Jersey Union County Summit 07901

82 Franklin Place, Summit, NJ

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