NOT LISTED FOR SALE

116 Martin St Somerset, NJ 08873

Estimated Value: $430,000 - $483,525

3 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold April 06, 2015

Last sale price $225,000

Est. 108% increase in value since last sale

Current estimated payment $3,047/month

About This Home

As of April 2015

This home is located at 116 Martin St, Somerset, NJ 08873 since 06 April 2015 and is currently estimated at $467,881. This property was built in 1988. 116 Martin St is a home located in Somerset County with nearby schools including Franklin High School.

Last Agent to Sell the Property

Cleo Willis

BORAIE REALTY LLC Brokerage Phone: 732-846-3700 Listed on: 04/06/2015

Last Buyer's Agent

Luz Mary Molina

RE/MAX FIRST REALTY

RE/MAX FIRST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,963

Year Built

  • Built in 1988

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,963

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • County Name: Somerset
  • Street Number Display: 116
  • I D: 4471825
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 732-846-3700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 100X100
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Mar 31, 2015
Sold by
Tatum Jo Ann
Bought by
Paez Jesus Gabriel
Seller's Agent
Cleo Willis
BORAIE REALTY LLC
Buyer's Agent
Luz Mary Molina
RE/MAX FIRST REALTY
Sold Price
$225,000
Current Estimated Value
$467,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,881
Avg. Annual Appreciation
6.87%
Original Mortgage
$200,447
Outstanding Balance
$157,223
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$291,188

Purchase Details

Closed on
Jul 12, 1988
Sold by
P R J Properties
Bought by
Tatum Clarence and Tatum Joann
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Paez Jesus Gabriel $225,000 Agent For First Amer Title I
Tatum Clarence $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paez Jesus Gabriel $200,447
Previous Owner Tatum Clarence $208,000
Previous Owner Tatum Jo Ann $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2015 04/06/15 Sold $225,000 -- --
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 $5,963 $327,300 $176,600 $150,700
2023 $5,574 $287,300 $136,600 $150,700
2022 $5,884 $287,300 $136,600 $150,700
2021 $6,404 $287,300 $136,600 $150,700
2020 $6,571 $287,300 $136,600 $150,700
2019 $6,660 $287,300 $136,600 $150,700
2018 $6,729 $287,300 $136,600 $150,700
2017 $6,754 $287,300 $136,600 $150,700
2016 $6,812 $287,300 $136,600 $150,700
2015 $6,766 $287,300 $136,600 $150,700
2014 $6,665 $287,300 $136,600 $150,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cleo Willis

    BORAIE REALTY LLC

    (732) 846-3700

    6 in this area

    10 Total Sales

    Section Image
  • Luz Mary Molina

    Buyer's Agent in 2015

    Luz Mary Molina

    RE/MAX

    (732) 322-8671

    21 in this area

    53 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3163933

Garden State MLS

APN: 08-00230-0000-00001

New Jersey Somerset County Somerset 08873

116 Martin St, Somerset, NJ

This home is located at 116 Martin St, Somerset, NJ 08873 since 06 April 2015 and is currently estimated at $467,881. This property was built in 1988. 116 Martin St is a home located in Somerset County with nearby schools including Franklin High School.

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