NOT LISTED FOR SALE

1 Spader Way Somerset, NJ 08873

Estimated Value: $588,589 - $663,000

2 Beds
2 Baths
1,640 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $425,000 $259 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,344/month

29 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Ranch Style House
  • Indoor Pool
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2020

Beautiful VACANT & PRISTINE Berkeley Model in the sought after Canal Walk (55+) Development. EASY LIVING on a single floor with 2 large Bedrooms, 2 Full Baths, Laundry, open concept floor plan. Updates include: Freshly painted interior, New lighting, New Kitchen quartz countertops with stainless steel sink & faucet & New backsplash. Gorgeous red oak hardwood floors throughout, upgraded attic insulation, gas fireplace in the family room, with slider door to the paver patio, security system, high efficiency windows, kitchen exhaust fan to outside, oversized 2 Car Garage. Luxurious amenities of the award winning Canal Walk (55+), 32,000 square ft. club house featuring indoor and outdoor pools, fitness center, bocce ball, tennis and pickleball courts. Many clubs and activities to choose from.

Last Agent to Sell the Property

Stacey Colman

KL SOTHEBY'S INT'L. REALTY Listed on: 04/07/2020

Last Buyer's Agent

TERESA AVIN

RE/MAX PREFERRED PROFESSIONALS

RE/MAX PREFERRED PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,675

Year Built

  • Built in 2005

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

HOA Fees

  • $261 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,640 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Utility Room
  • Sauna
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Indoor Pool
  • Patio

Schools

  • Sampson Elementary And Middle School
  • Franklin High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00513-0024-00004-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection
  • $500 Other One-Time Fees

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,675

Year Built

Built in 2005

Lot Details

0

HOA Fees

$261 per month

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 2005
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2020
  • Street Number Display: 1
  • Directions: Route 287 to Exit 12 Weston Canal Road to Schoolhouse Road to Canal Walk Entry- Canal Walk Blvd to Spader Way
  • I D: 4968365
  • Modified: 2021-09-23
  • Number Images: 20
  • Section Subdiv Development: Canal Walk
  • First Name: STACEY
  • First Name3: TERESA
  • Last Name: COLMAN
  • Last Name3: AVIN
  • Office Phone: 908-754-1500
  • Office Phone3: 908-685-0700
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Washer
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Security System
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 16x8
  • Kitchen Level: First
  • Living Room Dim: 14x11
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 13x8
  • Other Room1 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Pantry, Utility Room
  • Level 2 Rooms: Attic
  • Estimated Sq Ft: 1640
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, Club House, Exercise Room, Pool-Indoor, Pool-Outdoor, Sauna, Tennis Courts
  • Association Maintenance Fee: 261
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 500

Schools

  • Elementary School: SAMPSON
  • Middle School: SAMPSON
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: SAMPSON

Lot Info

  • Lot Size: .1427 ACRES
  • Assessed Improvement Value: 224500
  • Assessed Land Value: 164200
  • Assessment: 388700
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14
  • Zoning: Residential

Rental Info

  • Application Fee: 522
  • Pets Allowed: BreedRst

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8675
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00513-0024-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: SAMPSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Jun 5, 2020
Sold by
Lomonico Patricia and Schlow Melissa A
Bought by
Boczon Joel E and Boczon Joann
Seller's Agent
Stacey Colman
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
TERESA AVIN
RE/MAX PREFERRED PROFESSIONALS
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$631,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,647
Avg. Annual Appreciation
7.39%

Purchase Details

Listed on
Apr 11, 2014
Closed on
Apr 9, 2014
Sold by
Delorenzo Donald and Delorenzo Cathleen D
Bought by
Lomonico Patricia
Buyer's Agent
JILL BRAY
PROMINENT PROPERTIES SIR
Sold Price
$352,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$281,600
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2005
Sold by
Canal Walk Assocs Llc
Bought by
Delorenzo Donald and Delorenzo Cathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.28%
Source: Public Records

Range of Values:

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Average Value
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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
Boczon Joel E $425,000 Old Republic Title
Lomonico Patricia $352,000 None Available
Delorenzo Donald $381,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lomonico Patricia $281,600
Previous Owner Delorenzo Donald $25,000
Previous Owner Delorenzo Cathleen $93,000
Previous Owner Delorenzo Donald $101,804
Previous Owner Delorenzo Donald $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Sold $425,000 0.0% $259 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $425,000 +20.7% $259 / Sq Ft
04/11/2014 04/11/14 Sold $352,000 -- --
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 $8,966 $549,000 $240,200 $308,800
2024 $8,966 $493,200 $268,700 $224,500
2023 $8,973 $464,700 $240,200 $224,500
2022 $8,696 $426,700 $202,200 $224,500
2021 $8,013 $388,700 $164,200 $224,500
2020 $8,800 $388,700 $164,200 $224,500
2019 $8,948 $388,700 $164,200 $224,500
2018 $8,192 $352,200 $130,900 $221,300
2017 $8,349 $357,700 $130,900 $226,800
2016 $7,963 $338,700 $111,900 $226,800
2015 $7,577 $324,500 $97,700 $226,800
2014 $7,470 $324,500 $97,700 $226,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3627056

Garden State MLS

APN: 08-00513-24-00004