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690 Springfield Avenue

690 Springfield Avenue, Summit, NJ 07901
House in Union
Sold Sep 15, 2020
$955,000
$764,000 by Loandepot.com Llc
Mortgage Due Sep 01, 2050
Sold Mar 25, 2011
$820,000
$656,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2041
690 Springfield Avenue has been categorized by the local assessors in Summit, NJ as a residential type of property. The building on the property was first built in 1902 and is 122 years old. The building has a total of 2 stories. In addition, 690 Springfield Avenue has 2,661 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 24,350 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of alum/vinyl siding. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 690 Springfield Avenue was last sold in Aug 19, 2020 for $955,000. According to our calculations, that's $358.89 per sqft. Prior to that sales transaction, the property was sold for $820,000 in Mar 9, 2011. Current property owners are expected to pay $17,308 in taxes per year. The property on 690 Springfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $400,000. To break that down further, the land itself was valued at $180,500. While improvements to the property were assessed at a total of $219,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,350
  • Total Building Area: 2,661
  • Building Area: 2,661
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,661
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.559
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RANGANATHAN RAGHAV
  • Current Owner 2: KULKAMI RUCHIRA
  • Previous Owner : MACK KEVIN
  • Previous Owner 2: MACK MARY ROSE
  • Owner Before Previous Owner: DEPARSEVAL AYMERIC P
  • Owner Before Previous Owner 2: DE PARSEVAL LAURE A
  • 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 28
  • District: 18
  • Parcel: 18 02801-0000-00002
  • Block: 2801
  • Lot: 2
  • Municipality: SUMMIT CITY
  • Latitude: 40.7121
  • Longitude: -74.3761

    Address

  • Full Address: 690 Springfield Ave
  • Address - House Number: 690
  • Address - Street Name: Springfield
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Summit
  • Carrier Code: C018
  • 4-Digit Zip Code: 2321
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,308

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 1,298,866
  • High Value: 1,574,487
  • Low Value: 1,023,245

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $764,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2020
  • First Open Lien Mortgage Loan Amount: $764,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $180,500
  • Market Improvement Value: $219,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,000
  • Assessed Land Value: $180,500
  • Assessed Improvements Value: $219,500

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Transaction ID: 11789363040
  • Current Sale Price: $955,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 328007
  • Previous Sale Recording Date: Mar 25, 2011
  • Previous Sale Contract Date: Mar 09, 2011
  • Previous Sale Amount: $820,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Sep 15, 2020
  • First Mortgage Loan Amount: $764,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 25, 2011
  • Previous Mortgage Loan Amount: $656,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2041

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Frequently Asked Questions

What neighborhood is 690 Springfield Avenue located in?
The 690 Springfield Avenue is a house located in the neighborhood of Union in Summit, Summit.
What is the average sales price for listings in 690 Springfield Avenue?
The average sales price for units in 690 Springfield Avenue is $965,000 currently.

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