$565,000
SOLD DEC 11, 2024

114 Walnut Ave Somerset, NJ 08873

3 Beds
3 Baths
-- Sq Ft
0.6 Acres

Recently Sold

4% Above List Price

10 Days on Market

About This Home

As of December 2024

This home is located at 114 Walnut Ave, Somerset, NJ 08873 and is currently priced at $565,000. This property was built in 1960. 114 Walnut Ave is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Rutgers Preparatory School.

Last Agent to Sell the Property

Kathleen Spero

COLDWELL BANKER REALTY Brokerage Phone: 908-879-4900 Listed on: 11/01/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Rehab Maklad

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,344

Year Built

  • Built in 1960

Lot Details

  • 0.6 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,344

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Somerset
  • I D: 5322142
  • Attribution Contact: 908-879-4900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 100X262
  • Total Acres: 0.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 5, 2024
Sold by
Donovan James R
Bought by
Rodriguez Joseph A and Batala Nicolette N
Seller's Agent
Kathleen Spero
COLDWELL BANKER REALTY
Buyer's Agent
Rehab Maklad
COLDWELL BANKER REALTY
List Price
$545,000
Sold Price
$565,000
Premium/Discount to List
$20,000
3.67%
Views
33
Current Estimated Value
$640,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,697
Avg. Annual Appreciation
15.36%
Original Mortgage
$548,050
Outstanding Balance
$543,681
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$97,016

Purchase Details

Closed on
Aug 8, 2000
Sold by
Ginn Debra
Bought by
Donovan James and Donovan Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.16%

Purchase Details

Closed on
Jul 1, 1996
Sold by
Myers Richard
Bought by
Ginn Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.98%

Purchase Details

Closed on
Mar 4, 1994
Sold by
Velez George
Bought by
Meyers Richard and Yates Kathy

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
7.6%
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 $565,000 Realsafe Title
Deed $565,000 Realsafe Title
Deed $565,000 Realsafe Title
Deed $225,000 --
Deed $180,000 --
Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,050 New Conventional
Closed $548,050 New Conventional
Previous Owner $190,000 No Value Available
Previous Owner $130,000 No Value Available
Previous Owner $153,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $565,000 +3.7% --
11/11/2024 11/11/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $545,000 -- --
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
2025 $10,344 $658,000 $376,100 $281,900
2024 $10,344 $569,000 $376,100 $192,900
2023 $9,193 $476,100 $283,200 $192,900
2022 $8,684 $426,100 $233,200 $192,900
2021 $8,331 $376,100 $183,200 $192,900
2020 $8,062 $356,100 $163,200 $192,900
2019 $8,197 $356,100 $163,200 $192,900
2018 $7,934 $341,100 $148,200 $192,900
2017 $7,611 $326,100 $133,200 $192,900
2016 $7,549 $321,100 $128,200 $192,900
2015 $7,381 $316,100 $123,200 $192,900
2014 $7,254 $315,100 $122,200 $192,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3932290

Garden State MLS

APN: 08-00440-0000-00003