1 Fairfield Rd Somerset, NJ 08873
Somerset NeighborhoodEstimated Value: $471,000 - $580,376
3
Beds
1.5
Baths
1,245
Sq Ft
$419/Sq Ft
Est. Value
Highlights
- Recreation Room
- Wood Flooring
- Workshop
- Ranch Style House
- Corner Lot
- Formal Dining Room
About This Home
As of November 2020Owner built. 3 BR 1 1/2 BA Brick Ranch on raised corner lot, plenty of parking, 2 car garage, partially finished basement with workshop. Wood floors. Must see home! Many unique features i.e. Dressing room with closets and built in dresser. Retro Eat-In Kitchen with storage galore. Living Room with Wood Burning Fireplace. Formal Dining Room off Kitchen with separate entrance from DeMott Lane Driveway. Can also enter driveway from Fairfield Rd. Full bath has double sink vanity, plus 2 showers; handicap and regular stall shower. Basement has workshop, tool area, game area, W/D, slop sink, additional cabinetry, Lennox Furnace, Guardian W/H, and Knotty Pine shelving.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,876
Year Built
- Built in 1950
Lot Details
- 0.51 Acre Lot
- Corner Lot
Parking
- 2 Car Attached Garage
- Inside Entrance
- Private Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Tile
Interior Spaces
- 1,245 Sq Ft Home
- Wood Burning Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Workshop
- Utility Room
- Laundry Room
- Partially Finished Basement
- Garage Access
- Attic Fan
Kitchen
- Eat-In Country Kitchen
- Butlers Pantry
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Powder Room
Home Security
- Storm Doors
- Fire and Smoke Detector
Accessible Home Design
- Handicap Modified
Schools
- Conerly Elementary School
- Sampson Middle School
- Franklin High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2708-00391-0000-00018-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2020
Closed on
Nov 18, 2020
Sold by
Dembinski Sharon A
Bought by
Grab David B and Grab Stacy K
Seller's Agent
Karen Davis
BHHS FOX & ROACH
Buyer's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,594
Avg. Annual Appreciation
9.95%
Original Mortgage
$355,500
Outstanding Balance
$320,125
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$201,469
Purchase Details
Closed on
Mar 25, 2019
Sold by
Bianchi Remo R and Estate Of Christina R Dembinsk
Bought by
Dembinski Sharon A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grab David B | $34,000 | Chicago Title Insurance Co | |
| Dembinski Sharon A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grab David B | $355,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $340,000 | -9.3% | $273 / Sq Ft |
| 10/13/2020 10/13/20 | Pending | -- | -- | -- |
| 09/23/2020 09/23/20 | For Sale | $375,000 | -- | $301 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $8,492 | $467,100 | $292,200 | $174,900 |
| 2023 | $8,112 | $420,100 | $245,200 | $174,900 |
| 2022 | $7,736 | $379,600 | $204,700 | $174,900 |
| 2021 | $7,411 | $334,600 | $159,700 | $174,900 |
| 2020 | $6,966 | $307,700 | $146,200 | $161,500 |
| 2019 | $6,876 | $298,700 | $137,200 | $161,500 |
| 2018 | $6,529 | $280,700 | $119,200 | $161,500 |
| 2017 | $6,552 | $280,700 | $119,200 | $161,500 |
| 2016 | $6,599 | $280,700 | $119,200 | $161,500 |
| 2015 | $5,949 | $276,200 | $114,700 | $161,500 |
| 2014 | $5,837 | $275,300 | $113,800 | $161,500 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Davis
Seller's Agent in 2020
Karen Davis
BHHS FOX & ROACH
(732) 616-1550
10 in this area
27 Total Sales
-
Mark S. Heflin
Buyer's Agent in 2020
Mark S. Heflin
RE/MAX
(908) 256-5327
53 in this area
98 Total Sales
Map
Source: Garden State MLS
MLS Number: 3666569
APN: 08-00391-0000-00018
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