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15 Linda Lane

15 Linda Lane, Summit, NJ 07901
Property in Union
Sold May 22, 1998
$645,000
$500,000 by Td Bank Na
Mortgage Due Jun 27, 2047
15 Linda Lane in Summit, NJ was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. 15 Linda Lane has 3,149 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,941 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15 Linda Lane sold most recently in May 15, 1998 for a total of $645,000. If you work out the math, that's approximately a cost of $204.83 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,962 in taxes each year. 15 Linda Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $600,000. If we break it down further, the land itself was valued at $273,400. Improvements to the property, however, were assessed at a total of $326,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,941
  • Total Building Area: 3,149
  • Building Area: 3,149
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,149
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.343
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCGANN EDWARD G
  • Current Owner 2: WEINBERGER RACHEL M
  • Previous Owner : HOFFMAN WILLIAM K
  • Previous Owner 2: HOFFMAN CAROLYN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Summit City School District
  • Census Tract: 037900

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 47
  • District: 18
  • Parcel: 18 04710-0000-00003
  • Block: 4710
  • Lot: 3
  • Municipality: SUMMIT CITY
  • Latitude: 40.7038
  • Longitude: -74.3731

    Address

  • Full Address: 15 Linda Ln
  • Address - House Number: 15
  • Address - Street Name: Linda
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Summit
  • Carrier Code: C009
  • 4-Digit Zip Code: 3032
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,962

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 1,546,643
  • High Value: 1,877,191
  • Low Value: 1,216,095

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Jul 07, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 27, 2047

    Market Valuation

  • Market Total Value: $600,000
  • Market Land Value: $273,400
  • Market Improvement Value: $326,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,000
  • Assessed Land Value: $273,400
  • Assessed Improvements Value: $326,600

    Sales

  • Current Sale Contract Date: May 15, 1998
  • Current Sale Recording Date: May 22, 1998
  • Current Sale Transaction ID: 1120911436
  • Current Sale Price: $645,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 52577

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN BK
  • First Mortgage Transaction Date: May 22, 1998
  • First Mortgage Loan Amount: $516,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2028

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Frequently Asked Questions

What neighborhood is 15 Linda Lane located in?
The 15 Linda Lane is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 15 Linda Lane?
The average sales price for units in 15 Linda Lane is $0 currently.

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