NOT LISTED FOR SALE

87 Hillcrest Ave Summit, NJ 07901

Estimated Value: $2,506,000 - $4,470,000

5 Beds
7 Baths
-- Sq Ft
0.87 Acres

Last Sold June 03, 2015

Last sale price $3,030,000

Est. 22% increase in value since last sale

Current estimated payment $24,287/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 $3,682,144. 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

Year Built

  • Built in 1926

Lot Details

  • 0.87 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Union
  • I D: 4492891
  • 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
$3,682,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,144
Avg. Annual Appreciation
1.85%
Original Mortgage
$200,000
Outstanding Balance
$148,704
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,533,440

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 $200,000
Previous Owner Kelso David B $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $3,030,000 -- --
Source: Garden State MLS

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 $61,759 $1,417,800 $541,600 $876,200
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

Not Listed for Sale

Detached

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