NOT LISTED FOR SALE

91 Prospect St Summit, NJ 07901

Estimated Value: $5,284,682 - $6,766,000

6 Beds
6 Baths
-- Sq Ft
1.1 Acres

Last Sold June 07, 2021

Last sale price $4,700,000

Est. 24% increase in value since last sale

Current estimated payment $36,464/month

228 Days on Market

About This Home

As of June 2021

This home is located at 91 Prospect St, Summit, NJ 07901 since 31 July 2020 and is currently estimated at $5,816,227. 91 Prospect St 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 Agent to Sell the Property

HALLEE DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 07/31/2020

Co-Listed By

ROSEMARY M DANGLER

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Last Buyer's Agent

REBECCA MORANO

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Lot Details

  • 1.1 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5003175
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.40

Lot Info

  • Lot Size: 1.098
  • Total Acres: 1.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Jun 4, 2021
Sold by
Mr Chester Llc
Bought by
Scarpell Christopher and Scarpell Jessica
Seller's Agent
HALLEE DANGLER
PROMINENT PROPERTIES SIR
Buyer's Agent
REBECCA MORANO
PROMINENT PROPERTIES SIR
List Price
$5,250,000
Sold Price
$4,700,000
Premium/Discount to List
-$550,000
-10.48%
Current Estimated Value
$5,816,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,116,227
Avg. Annual Appreciation
4.78%
Original Mortgage
$2,700,000
Outstanding Balance
$2,418,871
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$3,397,356

Purchase Details

Listed on
May 1, 2014
Closed on
Apr 29, 2014
Sold by
Esquivel Raul P
Bought by
Mr Chester Llc
Seller's Agent
WINIFRED CAVAZINI
PROMINENT PROPERTIES SIR
Buyer's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Sold Price
$4,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
May 14, 2001
Sold by
Miller Jacqueline G and Miller Franklin S
Bought by
Esquivel Raul P and Esquivel Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.03%
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
Scarpell Christopher $4,700,000 Simplicity Title Llc
Scarpelli Christopher $4,700,000 Land Title
Mr Chester Llc $4,700,000 --
Esquivel Raul P $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarpelli Christopher $2,700,000
Closed Scarpelli Christopher $2,700,000
Previous Owner Esquivel Raul P $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2021 06/07/21 Sold $4,700,000 -10.5% --
03/16/2021 03/16/21 Pending -- -- --
07/31/2020 07/31/20 For Sale $5,250,000 +11.7% --
05/01/2014 05/01/14 Sold $4,700,000 -- -- View Prior Sale
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 $71,874 $1,650,000 $379,600 $1,270,400
2024 $88,037 $1,650,000 $379,600 $1,270,400
2023 $88,037 $2,034,600 $379,600 $1,655,000
2022 $87,142 $2,034,600 $379,600 $1,655,000
2021 $87,834 $2,034,600 $379,600 $1,655,000
2020 $88,709 $2,034,600 $379,600 $1,655,000
2019 $88,810 $2,034,600 $379,600 $1,655,000
2018 $88,241 $2,034,600 $379,600 $1,655,000
2017 $88,810 $2,034,600 $379,600 $1,655,000
2016 $87,508 $2,034,600 $379,600 $1,655,000
2015 $60,902 $1,444,200 $379,600 $1,064,600
2014 $59,328 $1,444,200 $379,600 $1,064,600
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    HALLEE DANGLER

    PROMINENT PROPERTIES SIR

  • R

    Seller Co-Listing Agent in 2021

    ROSEMARY M DANGLER

    PROMINENT PROPERTIES SIR

  • R

    Buyer's Agent in 2021

    REBECCA MORANO

    PROMINENT PROPERTIES SIR

  • W

    Buyer Co-Listing Agent in 2021

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

  • M

    Buyer's Agent in 2014

    MARTHA MCDONNELL

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3652933

Garden State MLS

APN: 18-02803-0000-00029

New Jersey Union County Summit 07901

91 Prospect St, Summit, NJ

Not Listed for Sale

Detached

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