NOT LISTED FOR SALE

86 Mountain Ave Summit, NJ 07901

Estimated Value: $1,488,567 - $1,789,000

4 Beds
3 Baths
2,538 Sq Ft
$631/Sq Ft Est. Value

Last Sold August 07, 2014

Last sale price $775,000 $305 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,736/month

About This Home

As of August 2014

This home is located at 86 Mountain Ave, Summit, NJ 07901 since 07 August 2014 and is currently estimated at $1,602,642, approximately $631 per square foot. This property was built in 1905. 86 Mountain Ave 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 Buyer's Agent

LINDA LOWE KUO

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 0.32 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • County Name: Union
  • I D: 4451260
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.318
  • Total Acres: 0.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Jul 28, 2014
Sold by
Hayes Tracy and Hayes Michelle
Bought by
Choi Sang Bhee and Choi Woomee Lee
Buyer's Agent
LINDA LOWE KUO
SERHANT NEW JERSEY LLC
Sold Price
$775,000
Current Estimated Value
$1,602,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,642
Avg. Annual Appreciation
6.57%
Original Mortgage
$620,000
Outstanding Balance
$473,278
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,129,364

Purchase Details

Closed on
Aug 31, 2005
Sold by
Lopez Eduardo M
Bought by
Hayes Tracy and Hayes Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

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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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
Choi Sang Bhee $775,000 Chicago Title Insurance Co
Hayes Tracy $815,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Sang Bhee $620,000
Previous Owner Hayes Tracy $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2014 08/07/14 Sold $775,000 -- $305 / 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
2025 $16,365 $375,700 $181,500 $194,200
2024 $16,257 $375,700 $181,500 $194,200
2023 $16,257 $375,700 $181,500 $194,200
2022 $16,219 $375,700 $181,500 $194,200
2021 $16,219 $375,700 $181,500 $194,200
2020 $16,381 $375,700 $181,500 $194,200
2019 $16,399 $375,700 $181,500 $194,200
2018 $16,294 $375,700 $181,500 $194,200
2017 $14,457 $331,200 $181,500 $149,700
2016 $14,245 $331,200 $181,500 $149,700
2015 $13,967 $331,200 $181,500 $149,700
2014 $13,606 $331,200 $181,500 $149,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3144818

Garden State MLS

APN: 18-04605-0000-00007