NOT LISTED FOR SALE

116 Sherman Ave Raritan, NJ 08869

Estimated Value: $441,000 - $544,000

-- Bed
-- Bath
-- Sq Ft
58 Sq Ft Lot

Last Sold December 09, 2016

Last sale price $210,000

Est. 139% increase in value since last sale

Current estimated payment $3,383/month

33 Days on Market

About This Home

As of December 2016

This home is located at 116 Sherman Ave, Raritan, NJ 08869 since 12 August 2016 and is currently estimated at $500,857. This property was built in 1930. 116 Sherman Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Last Agent to Sell the Property

Tennille Flowers

FLOWERS REALTY GROUP Brokerage Phone: 908-769-0011 Listed on: 08/12/2016

Last Buyer's Agent

Tennille Flowers

FLOWERS REALTY GROUP Brokerage Phone: 908-769-0011 Listed on: 08/12/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,095

Year Built

  • Built in 1930

Lot Details

  • 58 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,095

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Somerset
  • Street Number Display: 116
  • I D: 4650154
  • Modified: 2017-12-10
  • Number Images: 1
  • Attribution Contact: 908-769-0011
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 58.4X150
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Nov 2, 2016
Sold by
Fannie Mae
Bought by
Parikh Kashyap
Seller's Agent
Tennille Flowers
FLOWERS REALTY GROUP
Buyer's Agent
Tennille Flowers
FLOWERS REALTY GROUP
List Price
$203,900
Sold Price
$210,000
Premium/Discount to List
$6,100
2.99%
Current Estimated Value
$500,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,857
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Sep 24, 2015
Sold by
Sopko Mary G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 23, 2004
Sold by
Sopko Stephen G
Bought by
Sopko Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,415
Interest Rate
5.69%
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 Buyer Sale Price Title Company
Parikh Kashyap $210,000 None Available
Federal National Mortgage Association $1,000 None Available
Sopko Mary G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sopko Mary G $234,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $210,000 +3.0% --
09/14/2016 09/14/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $203,900 -- --
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 $8,095 $271,100 $125,000 $146,100
2023 $7,718 $271,100 $125,000 $146,100
2022 $7,499 $271,100 $125,000 $146,100
2021 $7,049 $271,100 $125,000 $146,100
2020 $6,937 $271,100 $125,000 $146,100
2019 $6,913 $271,100 $125,000 $146,100
2018 $6,645 $271,100 $125,000 $146,100
2017 $6,468 $271,100 $125,000 $146,100
2016 $6,344 $271,100 $125,000 $146,100
2015 $6,075 $271,100 $125,000 $146,100
2014 $6,094 $271,100 $125,000 $146,100
Source: Public Records

Agents Affiliated with this Home

  • Tennille Flowers

    Seller's Agent in 2016

    Tennille Flowers

    FLOWERS REALTY GROUP

    (973) 207-4191

    2 Total Sales

    Tennille Flowers
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3329187

Garden State MLS

APN: 16-00049-0000-00012

New Jersey Somerset County Raritan 08869

116 Sherman Ave, Raritan, NJ

This home is located at 116 Sherman Ave, Raritan, NJ 08869 since 12 August 2016 and is currently estimated at $500,857. This property was built in 1930. 116 Sherman Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

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