NOT LISTED FOR SALE

11 Somerset Dr Rumson, NJ 07760

Estimated Value: $2,845,000 - $3,600,000

6 Beds
4.5 Baths
3,692 Sq Ft
$831/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $1,625,000 $440 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $18,844/month

126 Days on Market

Highlights

  • 1.64 Acre Lot
  • New Kitchen
  • Recreation Room
  • Deane Porter School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of November 2019

Envision life in an elegant home on a quiet cul-de-sac in one of Rumson's most coveted neighborhoods where memories will be made for a lifetime. Impeccably maintained, move-in-condition 6 bedroom, 4-1/2 bath Colonial on 1.64 acres. Features include formal LR and DR, Eat-in-Kitchen with high-end appliances and center island w/seating, Family Room with random width peg floor and full wall distressed-brick fireplace, Den, hardwood floors and decorative moldings throughout, 1st floor suite, Basement Playroom and attached spacious 3-car Garage. Beautiful grounds w/2 patios for entertaining. Unique opportunity to live on one of Rumson's premier streets - hidden away yet within walking distance to schools, parks and restaurants. A beautiful home in a most desirable location! SF/Lot per tax rec.

Last Agent to Sell the Property

Bernadette Barnette

Coldwell Banker Realty License #0015702 Listed on: 05/06/2019

Coldwell Banker Realty

Last Buyer's Agent

Mario Venancio

Gloria Nilson & Co. Real Estate

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,550

Year Built

  • Built in 1968

Lot Details

  • 1.64 Acre Lot

Parking

  • 3 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Thermal Windows
  • Bay Window
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Center Hall
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Deane-Porter Elementary School
  • Forrestdale Middle School
  • Rumson-Fair Haven High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Dining Room Chandelier, Basement pegboards and workbench.
  • Assessor Parcel Number 41-00018-0000-00043

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,550

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Security System
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Central Vacuum, Dryer, Microwave, Security System, Self/Con Clean, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Built-in Features, Center Hall, Dec Molding, In-Law Floorplan, Wet Bar, Recessed Lighting
  • New Construction: No
  • ResoWindowFeatures: Bay/Bow Window
  • Year Built: 1968
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 1.64
  • General Property Info Farm: No
  • Location Middle School: Forrestdale
  • Interior Attic - Pull Down Stairs: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Exterior Thermal Window: Yes
  • Included Outdoor Lighting: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Interior In-Law Suite: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Floors Tile: Yes
  • Siding Cedar: Yes
  • Exterior Security System3: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Rec Room Level Basement9: Yes
  • Foyer Dec Molding2: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Main Level Bathrooms: 1
  • Total Bedrooms: 14
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Basement:Partial: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.64
  • Waterfront: No
  • Exclusions: Dining Room Chandelier, Basement pegboards and workbench.
  • Construction Type: Brick, Cedar
  • Exterior Features: Thermal Window
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Direct Access, Gravel, Asphalt, Oversized
  • General Property Info:Garage: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Size Sq Ft: 71438.4
  • Parcel #: 41-00018-0000-00043
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 25550.0

MLS Schools

  • Elementary School: Deane-Porter
  • High School: Rumson-Fair Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Dec 11, 2019
Sold by
Quirk William M and Quirk Jane P
Bought by
Banchi Michael John and Banchi Heather May
Seller's Agent
Bernadette Barnette
Coldwell Banker Realty
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Sold Price
$1,625,000
Current Estimated Value
$3,069,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,444,574
Avg. Annual Appreciation
10.89%
Original Mortgage
$1,100,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1993
Bought by
Quirk William M and Quirk Jane P
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
Banchi Michael John $1,625,000 Foundation Title Llc
Quirk William M $755,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banchi Michael John $1,440,000
Closed Banchi Michael John $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $1,625,000 -- $440 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $25,425 $2,346,800 $1,709,800 $637,000
2023 $25,425 $2,174,900 $1,597,400 $577,500
2022 $22,761 $1,790,700 $1,369,600 $421,100
2021 $22,761 $1,599,500 $1,230,000 $369,500
2020 $22,961 $1,602,300 $1,246,000 $356,300
2019 $25,687 $1,748,600 $1,221,000 $527,600
2018 $25,550 $1,724,000 $1,221,000 $503,000
2017 $25,101 $1,708,700 $1,221,000 $487,700
2016 $24,309 $1,696,400 $1,221,000 $475,400
2015 $24,338 $1,675,000 $1,221,000 $454,000
2014 $24,226 $1,662,700 $1,221,000 $441,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21918793

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00018-0000-00043