NOT LISTED FOR SALE

1 Michael Ln Somerville, NJ 08876

Estimated Value: $527,000 - $559,832

3 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold April 17, 2020

Last sale price $316,000

Est. 74% increase in value since last sale

Current estimated payment $3,776/month

60 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Formal Dining Room
  • Somerville High School Rated A-
  • Corner Lot
  • 1 Car Attached Garage

About This Home

As of April 2020

Bright & Sunny 4 Bedroom Split in desirable Somerville. Move-in condition. Many upgrades include paver driveway the entire home has been painted and refinished hardwood floors throughout. This beauty comes with two full baths and situated on a beautiful corner lot. Also comes with a 1 year American Home Shield Warranty! A must see!

Last Agent to Sell the Property

Rose Vazquez

COLDWELL BANKER REALTY Listed on: 01/02/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

LAUREN MOLINARO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,579

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2718-00092-0007-00011-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,579

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: N. Gaston Ave to S. Cadillac to Michael Lane
  • I D: 4952401
  • First Name: ROSE
  • First Name3: LAUREN
  • Last Name: VAZQUEZ
  • Last Name3: MOLINARO
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Bedrooms: 3
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x10
  • Living Room Dim: 12x12
  • Other Room 1: Sunroom
  • Level 1 Rooms: 3 Bedrooms, Bath Main
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Vestibul, Kitchen, Living Room, Sunroom
  • Phone: 908-754-7511

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 72X108
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9579
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2718-00092-0007-00011-0000-
  • Tax Rate Amount: 3.596
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Mar 22, 2020
Sold by
Espinoza Isabel Davila and Hand James C
Bought by
Bially Brett
Seller's Agent
Rose Vazquez
COLDWELL BANKER REALTY
Buyer's Agent
LAUREN MOLINARO
COLDWELL BANKER REALTY
List Price
$325,000
Sold Price
$316,000
Premium/Discount to List
-$9,000
-2.77%
Current Estimated Value
$548,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,708
Avg. Annual Appreciation
10.32%
Original Mortgage
$306,520
Outstanding Balance
$270,427
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$278,281

Purchase Details

Closed on
May 31, 2007
Sold by
Estate Of Meredith W Rothe Jr and Tavernier Susan
Bought by
Espinoza Isabel Davila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bially Brett $316,000 Westcor Land Title Ins Co
Espinoza Isabel Davila $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bially Brett $306,520
Previous Owner Espinoza Isabel Davila $299,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $316,000 -2.8% --
03/02/2020 03/02/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $325,000 -- --
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
2025 $10,531 $266,400 $127,400 $139,000
2024 $10,531 $266,400 $127,400 $139,000
2023 $10,288 $266,400 $127,400 $139,000
2022 $10,019 $266,400 $127,400 $139,000
2021 $9,684 $266,400 $127,400 $139,000
2020 $9,750 $266,400 $127,400 $139,000
2019 $9,684 $266,400 $127,400 $139,000
2018 $9,580 $266,400 $127,400 $139,000
2017 $9,383 $266,400 $127,400 $139,000
2016 $9,002 $266,400 $127,400 $139,000
2015 $8,882 $266,400 $127,400 $139,000
2014 $8,741 $266,400 $127,400 $139,000
Source: Public Records

Agents Affiliated with this Home

  • Rose Vazquez

    Seller's Agent in 2020

    Rose Vazquez

    COLDWELL BANKER REALTY

    (732) 496-2453

    1 in this area

    89 Total Sales

    Rose Vazquez
    Section Image

  • L

    Buyer's Agent in 2020

    LAUREN MOLINARO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3607349

Garden State MLS

APN: 18-00092-07-00011

New Jersey Somerset County Somerville 08876

1 Michael Ln, Somerville, NJ

Not Listed for Sale

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