$340,000
SOLD AUG 28, 2012

1022 Colby Ave Raritan, NJ 08869

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

Recently Sold

About This Home

As of August 2020

This home is located at 1022 Colby Ave, Raritan, NJ 08869 and is currently priced at $340,000. 1022 Colby Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Last Buyer's Agent

Kevin Yento

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,997

Lot Details

  • 7,841 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,997

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 1022
  • I D: 4236139
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 65X120
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 21, 2020
Sold by
Vernak Megan
Bought by
Kaeli Sarah
Seller's Agent
Kevin Yento
COLDWELL BANKER REALTY
Buyer's Agent
Kevin Yento
COLDWELL BANKER REALTY
List Price
$375,000
Sold Price
$388,000
Premium/Discount to List
$13,000
3.47%
Current Estimated Value
$588,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,597
Avg. Annual Appreciation
8.33%
Original Mortgage
$310,400
Outstanding Balance
$276,583
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$303,154

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 9, 2020
Sold by
Vernak Megan
Bought by
Kaeli Sarah
Seller's Agent
Kevin Yento
COLDWELL BANKER REALTY
Buyer's Agent
Kevin Yento
COLDWELL BANKER REALTY
List Price
$375,000
Sold Price
$388,000
Premium/Discount to List
$13,000
3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Outstanding Balance
$276,583
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$303,154

Purchase Details

Listed on
Aug 28, 2012
Closed on
Aug 27, 2012
Sold by
Thau William L and Thau Natalie R
Bought by
Vernak Megan
Buyer's Agent
Kevin Yento
COLDWELL BANKER REALTY
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$272,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Clapp Robert B and Clapp Karen L
Bought by
Thau William L and Warren Natalie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2002
Sold by
Mccormick Gary
Bought by
Clapp Robert and Clapp Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
6.81%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Bala Marilyn
Bought by
Mccormick Gary and Kuchma Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.81%
Source: Public Records

Similar Homes in the area

  • 105 W Somerset St, Raritan, NJ 08869

    $339,900

    • 2 Beds
    • 1 Bath
    • 1,480 Sq Ft
    • 105 W Somerset St
    • Raritan, NJ

    Great starter or commuters home. Walk to train. Decent room sizes. Nice back yard. Updated furnace & hot water heater in 2021. Though the house could stand some improvements, it is completely livable. Seller desires an as is sale. All public utilities.

    Brandon Acken COLDWELL BANKER REALTY

    Section Image
  • 55 Thompson St, Raritan, NJ 08869

    $419,000

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • 55 Thompson St
    • Raritan, NJ

    Newly painted, beautiful brick half duplex with 3 bedrooms, high ceilings on both first and second floors, and open floor plan. Spacious walk-up attic offers great potential to be converted into an additional bedroom and full bathroom. Enjoy the inviting front yard garden and open porch perfect for summer relaxation. Walk to NJ Transit train station and vibrant downtown. Large backyard.

    HENRY XING REALMART REALTY

    Section Image
  • 307 Sherman Ave, Raritan, NJ 08869

    $425,000

    • 3 Beds
    • 1 Bath
    • 307 Sherman Ave
    • Raritan, NJ

    This commuter's dream is very conveniently located near shopping and the train in Raritan Boro. The home is in need of some updating but well kept. The dining room has a closet and could be used as 4th bedroom. The house sits a nice sized yard next to the long paved driveway leading to a storage shed. The home has hardwood floors under the carpeting downstairs and a full basement for

    JOZSEF TOTH FRANKO REALTY LLC

    Section Image
  • 1128 Us Highway 202, Raritan, NJ 08869

    $400,000

    • 2 Beds
    • 1 Bath
    • 1,379 Sq Ft
    • 1128 Us Highway 202
    • Raritan, NJ

    Charming Cape with Loft, Garage & Prime Location Near Somerset Center!Welcome to this spacious and unique single-family home offering 2 generously sized bedrooms on the main level plus a large full loft upstairs perfect for a third bedroom, home office, or creative studio space! Freshly painted and move-in ready, this home combines vintage charm with everyday comfort.The home sits on a wide lot

    Suzanne Green RE/MAX FIRST REALTY

    Section Image
  • 96 Cornell Blvd, Somerville, NJ 08876

    $410,000

    • 3 Beds
    • 2 Baths
    • 960 Sq Ft
    • 96 Cornell Blvd
    • Somerville, NJ

    3 Bed 1 Bath House in Somerville. Minutes from the Somerville Downtown and Train Station

    JACK QIZHAN YAO REALMART REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $388,000 Chicago Title Insurance Co
Deed $388,000 Chicago Title
Deed $340,000 None Available
Deed $384,000 First American Title Ins Co
Deed $267,000 --
Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,400 New Conventional
Closed $310,400 New Conventional
Previous Owner $272,000 New Conventional
Previous Owner $307,200 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $213,600 No Value Available
Previous Owner $153,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $388,000 +3.5% --
08/03/2020 08/03/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $375,000 +10.3% --
08/28/2012 08/28/12 Sold $340,000 -- --
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 $8,997 $301,300 $158,500 $142,800
2023 $8,578 $301,300 $158,500 $142,800
2022 $8,334 $301,300 $158,500 $142,800
2021 $7,834 $301,300 $158,500 $142,800
2020 $7,710 $301,300 $158,500 $142,800
2019 $7,683 $301,300 $158,500 $142,800
2018 $7,385 $301,300 $158,500 $142,800
2017 $7,189 $301,300 $158,500 $142,800
2016 $7,050 $301,300 $158,500 $142,800
2015 $6,752 $301,300 $158,500 $142,800
2014 $6,773 $301,300 $158,500 $142,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 2944536

Garden State MLS

APN: 16-00073-0000-00016