NOT LISTED FOR SALE

Estimated Value: $452,000 - $487,000

2 Beds
3 Baths
1,513 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 1110 Oakcroft Ln, Somerset, NJ 08873 and is currently estimated at $464,182, approximately $306 per square foot. 1110 Oakcroft Ln is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2019
Sold by
Akula Laxman and Karanam Madhavi
Bought by
Perone Joseph R
Current Estimated Value
$464,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Martin Jonathan G
Bought by
Akula Laxman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
5.79%

Purchase Details

Closed on
Sep 24, 2003
Sold by
Li Christie
Bought by
Martin Jonathan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
6.43%

Purchase Details

Closed on
Mar 26, 2001
Sold by
Bess Angela
Bought by
Li Christie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.97%

Purchase Details

Closed on
Oct 5, 1995
Sold by
Forest Gate Assoc
Bought by
Bess Alphonsus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.71%
Source: Public Records

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.

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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.

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First American

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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.

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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 Buyer Sale Price Title Company
Perone Joseph R $275,000 Foundation Title Llc
Akula Laxman $341,000 --
Martin Jonathan G $259,900 --
Li Christie $162,000 --
Bess Alphonsus $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perone Joseph R $218,400
Closed Perone Joseph R $220,000
Previous Owner Akula Laxman $270,000
Previous Owner Akula Laxman $272,800
Previous Owner Martin Jonathan G $207,900
Previous Owner Li Christie $125,000
Previous Owner Bess Alphonsus $117,000
Source: Public Records

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 $7,101 $390,600 $170,000 $220,600
2023 $6,963 $360,600 $140,000 $220,600
2022 $6,432 $315,600 $95,000 $220,600
2021 $6,326 $285,600 $65,000 $220,600
2020 $6,240 $275,600 $55,000 $220,600
2019 $6,114 $265,600 $45,000 $220,600
2018 $5,848 $251,400 $35,000 $216,400
2017 $5,868 $251,400 $35,000 $216,400
2016 $6,146 $261,400 $45,000 $216,400
2015 $6,104 $261,400 $45,000 $216,400
2014 $5,787 $251,400 $35,000 $216,400
Source: Public Records

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