$246,000
SOLD AUG 18, 2015

1 W Lake Ct Somerset, NJ 08873

2 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

About This Home

As of April 2021

This home is located at 1 W Lake Ct, Somerset, NJ 08873 and is currently priced at $246,000. 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.

Last Agent to Sell the Property

Mark S. Heflin

RE/MAX PREFERRED PROFESSIONALS Brokerage Phone: 908-685-0700 Listed on: 08/18/2015

RE/MAX PREFERRED PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,458

Year Built

  • Built in 1987

Lot Details

  • 3,049 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,458

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • Street Number Display: 1
  • I D: 4507316
  • Modified: 2016-08-19
  • Number Images: 1
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 34X84
  • Total Acres: 0.07

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%
Total Days on Market
0
Current Estimated Value
$482,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,951
Avg. Annual Appreciation
7.89%
Original Mortgage
$310,000
Outstanding Balance
$283,314
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$194,884

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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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 Type Sale Price Title Company
Deed $345,000 Old Republic Title
Deed $246,000 Old Republic Natl Title Ins
Deed $340,000 --
Deed $208,000 --
Deed $145,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Closed $310,000 New Conventional
Previous Owner $241,544 FHA
Previous Owner $205,300 New Conventional
Previous Owner $272,000 No Value Available
Previous Owner $60,000 Credit Line Revolving
Previous Owner $204,759 FHA
Previous Owner $115,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- --
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
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

    81 in this area

    92 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3196657

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 and is currently priced at $246,000. 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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