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58 Valley View Avenue

58 Valley View Avenue, Summit, NJ 07901
Property in Union
Sold Dec 24, 2008
$1,436,300
$1,045,000 by Santander Bank Na
Mortgage Due Apr 01, 2030
Local assessors in Summit, NJ have categorized 58 Valley View Avenue as a residential type of property. The home was built in 1933 and is 91 years old. The property's lot size has been calculated to be 30,361 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 58 Valley View Avenue has a total of 4,570 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. Lots of stucco were used in the construction of the exterior walls of the home. 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, 58 Valley View Avenue sold most recently in Dec 22, 2008 for a total of $1,436,300. If you work out the math, that's approximately a cost of $314.29 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 $30,302 in taxes each year. 58 Valley View Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $700,300. If we break it down further, the land itself was valued at $269,500. Improvements to the property, however, were assessed at a total of $430,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1933
  • Effective Year Built: 1933
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,361
  • Total Building Area: 4,570
  • Building Area: 4,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,570
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.697
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HYNES MICHAEL D
  • Current Owner 2: HYNES CATHERINE GRIER
  • Previous Owner : CURLEY JOHN
  • Previous Owner 2: CURLEY PATRICIA J
  • 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 30
  • District: 18
  • Parcel: 18 03001-0000-00006
  • Block: 3001
  • Lot: 6
  • Municipality: SUMMIT CITY
  • Latitude: 40.7084
  • Longitude: -74.382

    Address

  • Full Address: 58 Valley View Ave
  • Address - House Number: 58
  • Address - Street Name: Valley View
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Summit
  • Carrier Code: C014
  • 4-Digit Zip Code: 2327
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,302

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 2,312,970
  • High Value: 2,765,590
  • Low Value: 1,860,350

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,115,000
  • First Open Lien Mortgage Lender: SANTANDER BANK NA
  • First Open Lien Mortgage Recording Date: Mar 18, 2015
  • First Open Lien Mortgage Loan Amount: $1,045,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2030
  • Second Open Lien Mortgage Lender: COLUMBIA BANK
  • Second Open Lien Mortgage Recording Date: Feb 22, 2010
  • Second Open Lien Mortgage Loan Amount: $1,070,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2035

    Market Valuation

  • Market Total Value: $700,300
  • Market Land Value: $269,500
  • Market Improvement Value: $430,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700,300
  • Assessed Land Value: $269,500
  • Assessed Improvements Value: $430,800

    Sales

  • Current Sale Contract Date: Dec 22, 2008
  • Current Sale Recording Date: Dec 24, 2008
  • Current Sale Transaction ID: 1101996522
  • Current Sale Price: $1,436,300
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201544

    Last Sale Mortgage

  • First Mortgage Lender: ISB MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Dec 24, 2008
  • First Mortgage Loan Amount: $1,077,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2039

About Summit



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Frequently Asked Questions

What neighborhood is 58 Valley View Avenue located in?
The 58 Valley View Avenue is a located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 58 Valley View Avenue?
The average sales price for units in 58 Valley View Avenue is $0 currently.

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