NOT LISTED FOR SALE

17 Hughes Place Summit, NJ 07901

Estimated Value: $763,219 - $884,000

3 Beds
2 Baths
1,188 Sq Ft
$702/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $720,000 $606 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,394/month

6 Days on Market

About This Home

As of August 2023

This home is located at 17 Hughes Place, Summit, NJ 07901 since 25 April 2023 and is currently estimated at $833,555, approximately $701 per square foot. This property was built in 1953. 17 Hughes Place 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 Listed By

MEREDITH MOLLOY

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,888

Year Built

  • Built in 1953

Lot Details

  • 5,663

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,888

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • County Name: Union
  • Street Number Display: 17
  • I D: 5213979
  • Modified: 2024-08-22
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .130AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Aug 16, 2023
Sold by
Burgermeister Steven and Burgermeister Solange
Bought by
Mcsiya Umair
Seller's Agent
MEREDITH MOLLOY
PROMINENT PROPERTIES SIR
Buyer's Agent
MICHAEL A. BARTOL
EXP REALTY, LLC
List Price
$679,000
Sold Price
$720,000
Premium/Discount to List
$41,000
6.04%
Total Days on Market
6
Views
38
Current Estimated Value
$833,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,555
Avg. Annual Appreciation
6.54%
Original Mortgage
$630,000
Outstanding Balance
$620,037
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$179,858

Purchase Details

Listed on
Feb 19, 2018
Closed on
May 1, 2018
Sold by
Gonzalez Walter and Gonzalez Kristy E
Bought by
Bugermeister Steven and Bugermeister Solange
Seller's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Buyer's Agent
KIM CRITES-CARLOTO
BHHS - NEW JERSEY PROPERTIES
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$472,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2013
Closed on
May 28, 2013
Sold by
Zalis Michael T and Caiola Heather A
Bought by
Gonzalez Walter and Gonzalez Kristy E
Seller's Agent
MARY T. WEICHERT
WEICHERT REALTORS
Buyer's Agent
Deborah Lupton
PROMINENT PROPERTIES SIR
Sold Price
$375,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$300,400
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Harvis Joseph
Bought by
Zalis Michael T and Caiola Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
Harvis David J
Bought by
Harris Claudette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6%
Mortgage Type
Unknown

Range of Values:

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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
Mcsiya Umair $720,000 Foundation Title
Bugermeister Steven $525,000 None Available
Gonzalez Walter $375,500 Chicago Title Insurance Co
Zalis Michael T $365,000 Stewart Title Guaranty Co
Harris Claudette $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcsiya Umair $630,000
Previous Owner Burgermeister Steven $118,716
Previous Owner Burgermeister Steven $466,000
Previous Owner Bugermeister Steven $472,500
Previous Owner Gonzalez Walter $300,400
Previous Owner Zalis Michael T $321,000
Previous Owner Zalis Michael T $328,500
Previous Owner Harvis Richard A $22,500
Previous Owner Harris Claudette $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $720,000 +6.0% $606 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $679,000 +29.3% $572 / Sq Ft
05/01/2018 05/01/18 Sold $525,000 +1.9% $442 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $515,000 +37.2% $434 / Sq Ft
06/11/2013 06/11/13 Sold $375,500 -- $316 / 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
2024 $8,888 $205,400 $95,600 $109,800
2023 $8,888 $205,400 $95,600 $109,800
2022 $8,797 $205,400 $95,600 $109,800
2021 $8,867 $205,400 $95,600 $109,800
2020 $8,955 $205,400 $95,600 $109,800
2019 $8,966 $205,400 $95,600 $109,800
2018 $7,733 $178,300 $95,600 $82,700
2017 $7,783 $178,300 $95,600 $82,700
2016 $7,669 $178,300 $95,600 $82,700
2015 $7,519 $168,000 $95,600 $72,400
2014 $6,901 $168,000 $95,600 $72,400
Source: Public Records

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Source: Garden State MLS

MLS Number: 3840077

Garden State MLS

APN: 18-04201-0000-00029