NOT LISTED FOR SALE

116 Selby Ct Somerset, NJ 08873

Estimated Value: $394,000 - $493,000

2 Beds
3 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $385,000

Est. 14% increase in value since last sale

Current estimated payment $2,848/month

136 Days on Market

About This Home

As of April 2024

This home is located at 116 Selby Ct, Somerset, NJ 08873 since 10 October 2023 and is currently estimated at $440,225. This property was built in 1986. 116 Selby Ct is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

Last Agent to Sell the Property

Christina Duncan

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 10/10/2023

EXP REALTY, LLC

Co-Listed By

ASHLEY NICOLE KRUSHINSKI

EXP REALTY, LLC Brokerage Phone: 866-201-6210

Last Buyer's Agent

Jia Li

RE/MAX FIRST REALTY

RE/MAX FIRST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,058

Year Built

  • Built in 1986

Lot Details

  • 1,307 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,058

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Somerset
  • Street Number Display: 116
  • I D: 5249218
  • Modified: 2025-04-16
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 22X61
  • Total Acres: 0.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Apr 15, 2024
Sold by
Rolmar Llc
Bought by
Zhang Yan
Seller's Agent
Christina Duncan
EXP REALTY, LLC
Buyer's Agent
Jia Li
RE/MAX FIRST REALTY
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Views
377
Current Estimated Value
$440,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,225
Avg. Annual Appreciation
9.55%
Original Mortgage
$287,000
Outstanding Balance
$282,712
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$157,513

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 4, 2020
Sold by
Beckhorn Frank
Bought by
Rolmar Llc
Seller's Agent
ELI ZAFRANI
Statewide Realty & Property Management LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$269,500
Sold Price
$265,000
Premium/Discount to List
-$4,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 3, 2020
Sold by
Beckhorn Frank
Bought by
Romar Llc
Seller's Agent
ELI ZAFRANI
Statewide Realty & Property Management LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$269,500
Sold Price
$265,000
Premium/Discount to List
-$4,500
-1.67%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Kavin Susan
Bought by
Beckhorn Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.72%

Purchase Details

Closed on
May 19, 1997
Sold by
Welti Christopher
Bought by
Kavin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1996
Sold by
Brindisi Joe
Bought by
Welti Chris and Welti Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Zhang Yan $385,000 First Team Title
Zhang Yan $385,000 First Team Title
Rolmar Llc $265,000 Chicago Title
Romar Llc $265,000 Chicago Title Insurance Co
Beckhorn Frank $269,500 --
Kavin Susan $100,000 --
Welti Chris $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yan $287,000
Closed Zhang Yan $287,000
Previous Owner Beckhorn Frank $256,000
Previous Owner Kavin Susan $87,000
Previous Owner Welti Chris $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold $385,000 -1.3% --
02/27/2024 02/27/24 Pending -- -- --
11/16/2023 11/16/23 Price Changed $389,900 -2.5% --
10/13/2023 10/13/23 For Sale $399,900 0.0% --
04/04/2021 04/04/21 Rented -- -- --
04/04/2021 04/04/21 For Rent $2,000 0.0% --
12/04/2020 12/04/20 Sold $265,000 -1.7% -- View Prior Sale
10/27/2020 10/27/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $269,500 -- --
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 $6,058 $392,200 $195,000 $197,200
2024 $6,058 $333,200 $185,000 $148,200
2023 $6,241 $323,200 $175,000 $148,200
2022 $5,772 $283,200 $135,000 $148,200
2021 $5,719 $258,200 $110,000 $148,200
2020 $5,506 $243,200 $95,000 $148,200
2019 $5,138 $223,200 $75,000 $148,200
2018 $5,099 $219,200 $75,000 $144,200
2017 $4,766 $204,200 $60,000 $144,200
2016 $4,918 $209,200 $65,000 $144,200
2015 $4,885 $209,200 $65,000 $144,200
2014 $4,816 $209,200 $65,000 $144,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3868932

Garden State MLS

APN: 08-00424-10-00116