NOT LISTED FOR SALE

87 Hillcrest Ave Summit, NJ 07901

Estimated Value: $1,927,000 - $4,590,000

5 Beds
7 Baths
-- Sq Ft
0.87 Acres

Last Sold June 03, 2015

Last sale price $3,030,000

Est. 14% increase in value since last sale

Current estimated payment $23,975/month

About This Home

As of June 2015

This home is located at 87 Hillcrest Ave, Summit, NJ 07901 since 03 June 2015 and is currently estimated at $3,468,720. This property was built in 1926. 87 Hillcrest 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

LINDA PECK

PROMINENT PROPERTIES SIR Brokerage Phone: 908-277-1398 Listed on: 06/03/2015

Last Buyer's Agent

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,348

Year Built

  • Built in 1926

Lot Details

  • 0.87 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,348

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Union
  • Street Number Display: 87
  • I D: 4492891
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 6.10

Lot Info

  • Lot Size: 100X380
  • Total Acres: 0.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
May 15, 2015
Sold by
Kelso David B and Kelso Sara E
Bought by
Higgins James F and Zortman Kathleen O
Seller's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Buyer's Agent
ROSEMARY M DANGLER
PROMINENT PROPERTIES SIR
Sold Price
$3,030,000
Current Estimated Value
$3,468,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,720
Avg. Annual Appreciation
1.33%
Original Mortgage
$200,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2010
Sold by
Bannister Elizabeth A and Hartlaub Elizabeth A
Bought by
The David & Sara Kelso Community Propert

Purchase Details

Closed on
Mar 23, 2010
Sold by
Romer Peter J and Egan Bruce
Bought by
The David & Sara Kelso Community Propert

Purchase Details

Closed on
Sep 2, 1997
Sold by
Kelso David B and Kelso Sara E
Bought by
The David & Sara Kelso Community Propert

Purchase Details

Closed on
Aug 26, 1996
Sold by
Mohlere Richard P and Mohlere Patricia H
Bought by
Kelso David B and Kelso Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Higgins James F $3,030,000 Old Republic Natl Title Ins
The David & Sara Kelso Community Propert -- Beechwood Title Agency Inc
The David & Sara Kelso Community Propert -- Beechwood Title Agency Inc
The David & Sara Kelso Community Propert -- --
Kelso David B $1,440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins James F $2,000,000
Closed Hggins James F $272,000
Closed Higgins James F $200,000
Previous Owner Kelso David B $915,000
Previous Owner Kelso David B $915,000
Previous Owner The David & Sara Kelso Community Propert $909,849
Previous Owner The David & Sara Kelso Cmnty Property Tr $100,000
Previous Owner Kelso David B $935,300
Previous Owner Kelso David B $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $3,030,000 -- --
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 $61,348 $1,417,800 $541,600 $876,200
2023 $61,348 $1,417,800 $541,600 $876,200
2022 $60,724 $1,417,800 $541,600 $876,200
2021 $61,206 $1,417,800 $541,600 $876,200
2020 $61,816 $1,417,800 $541,600 $876,200
2019 $61,887 $1,417,800 $541,600 $876,200
2018 $61,490 $1,417,800 $541,600 $876,200
2017 $61,887 $1,417,800 $541,600 $876,200
2016 $60,980 $1,417,800 $541,600 $876,200
2015 $59,789 $1,417,800 $541,600 $876,200
2014 $58,243 $1,417,800 $541,600 $876,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    LINDA PECK

    PROMINENT PROPERTIES SIR

  • R

    Buyer's Agent in 2015

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

  • W

    Buyer Co-Listing Agent in 2015

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3201439

Garden State MLS

APN: 18-02006-0000-00014

New Jersey Union County Summit 07901

87 Hillcrest Ave, Summit, NJ

This home is located at 87 Hillcrest Ave, Summit, NJ 07901 since 03 June 2015 and is currently estimated at $3,468,720. This property was built in 1926. 87 Hillcrest 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.

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