NOT LISTED FOR SALE

1 W Lake Ct Somerset, NJ 08873

Estimated Value: $446,000 - $498,000

2 Beds
2.5 Baths
-- Sq Ft
$265/mo HOA Fee

Last Sold April 14, 2021

Last sale price $345,000

Est. 38% increase in value since last sale

Current estimated payment $3,334/month

11 Days on Market

Highlights

  • Deck
  • High Ceiling
  • Thermal Windows
  • Recreation Room
  • Breakfast Room
  • Porch

About This Home

As of April 2021

Welcome Home to this Spacious End-Unit! Move Right in and Start Enjoying this Wonderful Home w/Three Levels of Living! First Floor Features Living Rm w/Wood Burning Fireplace & High Ceilings, Formal Dining Rm, Kitchen w/Granite Countertops, Oak Cabinets & Separate Eating Area, Deck off the Kitchen & Powder Rm. The 2nd Floor Features a Spacious Master Bedroom w/En Suite Full Bath/Stall Shower w/Built-In Seat & Walk-In Closet. 2nd Bedroom & Full Bathroom w/Tub Shower Round Out the 2nd Floor. The Freshly Painted Walkout Basement Can be Enjoyed as a Rec Room, Home Theatre, Home Office or Play Room. Updates Include Roof & Gutters (2019), Central AC Unit (2017), Hot Water Heater (2017), & Microwave Oven (2020). Close to Major Highways, Transportation, Shopping, Parks, Golfing & Hospitals. Xfinity/FIOS Available.

Last Agent to Sell the Property

EDNA M JONES

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 02/26/2021

Last Buyer's Agent

MAHMOUD KHARRUBI

REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 1987

Lot Details

  • 3,049

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • French Drain

Home Security

Parking

  • 2 Parking Spaces
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00424-0002-00011-0003-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Recreation

  • Tennis Courts
  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,106

Year Built

Built in 1987

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 1
  • Directions: Easton Avenue to Cedar Grove Lane, Left onto Sunnyvale, Right onto Westlake. House is on the Right.
  • I D: 5048906
  • Modified: 2022-04-15
  • Number Images: 25
  • Section Subdiv Development: Lakewood Townhomes
  • First Name: EDNA M
  • First Name3: MAHMOUD
  • Last Name: JONES
  • Last Name3: KHARRUBI
  • Office Phone: 732-667-1923
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Stone, Tile, Vinyl-Linoleum
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain, Full, Walkout
  • Basement Level Rooms: Laundry Room, Outside Entrance, Rec Room, Storage Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 14x9
  • Kitchen Level: First
  • Living Room Dim: 18x13
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 15x13
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 23x22
  • Other Room2 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 732-560-0200

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Open Porch(es), Sidewalk, Storm Door(s), Tennis Courts, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Assigned, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Tennis Courts
  • Association Maintenance Fee: 265
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Lot Info

  • Lot Size: 34X84
  • Assessed Improvement Value: 211200
  • Assessed Land Value: 58500
  • Assessment: 269700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 11.03
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Rental Info

  • Pets Allowed: NumLimit, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 6106
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00424-0002-00011-0003-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.264
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 9, 2021
Sold by
Brown Amanda and Brown Herbert A
Bought by
Jawed Syed and Mohiuddin Mehwish
Seller's Agent
EDNA M JONES
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MAHMOUD KHARRUBI
REAL
List Price
$329,900
Sold Price
$345,000
Premium/Discount to List
$15,100
4.58%
Current Estimated Value
$477,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,376
Avg. Annual Appreciation
7.48%
Original Mortgage
$310,000
Outstanding Balance
$280,339
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$197,037

Purchase Details

Listed on
Aug 18, 2015
Closed on
Aug 18, 2015
Sold by
Chauhan Anand and Patel Namrata
Bought by
Brown Amanda and Brown Herbert A
Seller's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
Sold Price
$246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$241,544
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2005
Sold by
Ambole Ajaykumar
Bought by
Chauhan Anand and Patel Namrata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.39%

Purchase Details

Closed on
May 10, 2002
Sold by
Ketterer Maria
Bought by
Ambole Jaaykumar and Ambole Swati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,759
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1998
Sold by
Todd Ann
Bought by
Ketterer Joseph and Ketterer Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.98%

Purchase Details

Closed on
Nov 20, 1991
Sold by
Lynch Richard D and Lynch Erzmoneit,T
Bought by
Todd Ann R
Source: Public Records

Range of Values:

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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
Jawed Syed $345,000 Old Republic Title
1 W Lake Ct Intervivous Revocable Trust $345,000 Old Republic Title
Brown Amanda $246,000 Old Republic Natl Title Ins
Chauhan Anand $340,000 --
Ambole Jaaykumar $208,000 --
Ketterer Joseph $145,000 --
Todd Ann R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1 W Lake Ct Intervivous Revocable Trust $310,000
Closed 1 W Lake Ct Intervivous Revocable Trust $310,000
Previous Owner Brown Amanda $241,544
Previous Owner Chauhan Anand $272,000
Previous Owner Ambole Jaaykumar $204,759
Previous Owner Ketterer Joseph $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2021 04/14/21 Sold $345,000 +4.6% --
03/09/2021 03/09/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $329,900 +34.1% --
08/18/2015 08/18/15 Sold $246,000 -- -- View Prior Sale
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 $6,458 $424,900 $144,000 $280,900
2024 $6,458 $355,200 $144,000 $211,200
2023 $6,511 $337,200 $126,000 $211,200
2022 $6,414 $314,700 $103,500 $211,200
2021 $4,846 $287,700 $76,500 $211,200
2020 $6,106 $269,700 $58,500 $211,200
2019 $5,898 $256,200 $45,000 $211,200
2018 $5,759 $247,600 $40,500 $207,100
2017 $5,569 $238,600 $31,500 $207,100
2016 $5,504 $234,100 $27,000 $207,100
2015 $5,781 $247,600 $40,500 $207,100
2014 $5,493 $238,600 $31,500 $207,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    EDNA M JONES

    KELLER WILLIAMS TOWNE SQUARE REAL

  • M

    Buyer's Agent in 2021

    MAHMOUD KHARRUBI

    REAL

  • Mark S. Heflin

    Seller's Agent in 2015

    Mark S. Heflin

    RE/MAX

    (908) 256-5327

    74 in this area

    84 Total Sales

    Mark S. Heflin
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3694222

Garden State MLS

APN: 08-00424-02-00011-03

New Jersey Somerset County Somerset 08873

1 W Lake Ct, Somerset, NJ

This home is located at 1 W Lake Ct, Somerset, NJ 08873 since 26 February 2021 and is currently estimated at $477,376. This property was built in 1987. 1 W Lake Ct is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

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