NOT LISTED FOR SALE

98 Mountain Ave Summit, NJ 07901

Estimated Value: $1,792,000 - $2,053,000

4 Beds
4 Baths
2,718 Sq Ft
$700/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $940,000 $346 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $11,488/month

About This Home

As of February 2012

This home is located at 98 Mountain Ave, Summit, NJ 07901 since 17 February 2012 and is currently estimated at $1,901,731, approximately $699 per square foot. This property was built in 1900. 98 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

Kim Cannon

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • I D: 4186768
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.217
  • Total Acres: 0.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2012
Closed on
Dec 31, 2011
Sold by
Ewing Russell C and Manja Vani
Bought by
Nolen Thomas Parks and Nolen Meredith Drucker
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Sold Price
$940,000
Current Estimated Value
$1,901,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$961,731
Avg. Annual Appreciation
5.21%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Ng William and Ng Susan Louie
Bought by
Ewing Russell C and Manja Vani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1993
Sold by
Hopper Kenneth W
Bought by
Ng Wm and Ng Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.69%
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
Nolen Thomas Parks $940,000 Consolidated Title Group Llc
Ewing Russell C $1,065,000 None Available
Ng Wm $389,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ewing Russell C $852,000
Previous Owner Ng Wm $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $940,000 -- $346 / 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 $18,631 $427,700 $172,900 $254,800
2024 $18,507 $427,700 $172,900 $254,800
2023 $18,507 $427,700 $172,900 $254,800
2022 $18,318 $427,700 $172,900 $254,800
2021 $18,464 $427,700 $172,900 $254,800
2020 $18,648 $427,700 $172,900 $254,800
2019 $18,669 $427,700 $172,900 $254,800
2018 $18,549 $427,700 $172,900 $254,800
2017 $18,669 $427,700 $172,900 $254,800
2016 $18,172 $422,500 $172,900 $249,600
2015 $17,817 $422,500 $172,900 $249,600
2014 $17,356 $422,500 $172,900 $249,600
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Buyer's Agent in 2012

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    96 in this area

    151 Total Sales

    Kim Cannon
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Map

Source: Garden State MLS

MLS Number: 2898385

Garden State MLS

APN: 18-04605-0000-00002

New Jersey Union County Summit 07901

98 Mountain Ave, Summit, NJ

Not Listed for Sale

Detached

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