NOT LISTED FOR SALE

107 Main St Somerset, NJ 08873

Estimated Value: $297,000 - $372,000

2 Beds
1 Bath
710 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $285,000 $401 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,265/month

64 Days on Market

Highlights

  • Solar Power System
  • Attic
  • Tandem Parking
  • Wood Flooring
  • Galley Kitchen
  • Living Room

About This Home

As of October 2022

Beautiful, well maintained home with plenty of sunlight in a quiet neighborhood . This cozy home has hardwood floors throughout and is conveniently located to major highways, dining, shopping areas, hospitals, Rutgers university, parks and entertainment. Great commuter location, close to New Brunswick Train Station and Buses. Solar panels will be leased and benefits will transfer to new owner.

Last Agent to Sell the Property

ALBERT SANTANA

KELLER WILLIAMS ELITE REALTORS Listed on: 08/20/2022

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1951

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 100.00 x 75.00
  • Property is zoned R7

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room
  • Wood Flooring
  • Attic
  • Partially Finished Basement

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Tandem Parking
  • Driveway
  • Open Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Solar Power System
  • Property is near shops

Community Details

  • East Franklin Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,903

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1722
  • Lot Size: 100.00 x 75.00
  • Ownership: Fee Simple
  • Subdivision Name: East Franklin
  • Architectural Style: Bungalow, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1951
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Not Eat-in Kitchen, Galley Type
  • Appliances: Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Accessibility Features: See Remarks
  • Has Basement: Partially Finished, Utility Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Bath Main, Attic
  • Living Area: 710
  • Stories: 1

Exterior Features

  • Lot Features: Near Shopping
  • Roof: Asphalt, See Remarks

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 3 Cars Deep, Asphalt, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 7501
  • Zoning: R7

Tax Info

  • Tax Annual Amount: 3903
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Oct 28, 2022
Sold by
Torres Pablo
Bought by
Diaz Bruno Valenti
Seller's Agent
ALBERT SANTANA
KELLER WILLIAMS ELITE REALTORS
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Views
50
Current Estimated Value
$341,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,213
Avg. Annual Appreciation
5.59%
Original Mortgage
$242,250
Outstanding Balance
$234,388
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$98,989

Purchase Details

Listed on
Apr 26, 2014
Closed on
Dec 22, 2014
Sold by
Long Joseph and Bellante Carol Barrett
Bought by
Torres Pablo
Seller's Agent
Francis Brown
BHHS Fox & Roach-Princeton Junction
Buyer's Agent
Stephanie Brodie
Weichert Realtors - Edison
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$153,225
Interest Rate
3.99%
Mortgage Type
VA
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
Diaz Bruno Valenti $285,000 --
Valenti Diaz Bruno $285,000 None Listed On Document
Torres Pablo $150,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenti Diaz Bruno $242,250
Closed Valenti Diaz Bruno $242,250
Previous Owner Torres Pablo $148,432
Previous Owner Torres Pablo $153,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $285,000 +3.6% $401 / Sq Ft
08/20/2022 08/20/22 For Sale $275,000 +83.3% $387 / Sq Ft
12/22/2014 12/22/14 Sold $150,000 -6.2% $211 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $159,900 +6.0% $225 / Sq Ft
09/25/2014 09/25/14 Price Changed $150,900 -13.7% $213 / Sq Ft
08/21/2014 08/21/14 Price Changed $174,900 -5.4% $246 / Sq Ft
07/15/2014 07/15/14 Price Changed $184,900 -2.2% $260 / Sq Ft
06/09/2014 06/09/14 Price Changed $189,000 -5.5% $266 / Sq Ft
04/26/2014 04/26/14 For Sale $199,900 -- $282 / Sq Ft
Source: All Jersey 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 $5,049 $277,200 $184,800 $92,400
2024 $5,049 $277,100 $214,800 $62,300
2023 $4,844 $249,700 $187,400 $62,300
2022 $4,704 $229,700 $167,400 $62,300
2021 $3,904 $189,700 $127,400 $62,300
2020 $4,224 $184,700 $122,400 $62,300
2019 $4,165 $179,700 $117,400 $62,300
2018 $3,623 $154,700 $92,400 $62,300
2017 $3,402 $144,700 $82,400 $62,300
2016 $3,478 $146,700 $84,400 $62,300
2015 $3,228 $147,700 $85,400 $62,300
2014 $3,200 $148,700 $86,400 $62,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2302379R

All Jersey MLS

APN: 08-00175-0000-00046