NOT LISTED FOR SALE

12 Lakeside Rd Somerset, NJ 08873

Estimated Value: $651,000 - $755,238

3 Beds
4 Baths
2,155 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $490,000 $227 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,672/month

20 Days on Market

Highlights

  • 0.47 Acre Lot
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Property is near public transit
  • Attic

About This Home

As of May 2021

This home adjacent to the D&R canal offers the best commuting location on a kid-friendly, low traffic, dead-end road! Lovely turn-of-the-century colonial with loads of charm and original woodwork! NW facing. 2155sf on 1st/2nd floors and another 828sf finished basement. Newly painted interior. Recently painted 550sf deck for entertaining, overlooks a gorgeous fenced yard with massive play area, 40x35 garden, great tree coverage for noise reduction and shade and a 35'x24' oversized 2 car garage. 26 double/triple pane high-end Pella windows & sliding door installed 2015, warranty transferable. Master bedroom addition with large walk-in closet and master bath. 30-year roof installed 2007. Property has public water and well water for yard (new pump 2018). The freestanding wood-burning stove has new chimney liner & fan 2015. Located in a low traffic walkable neighborhood near 287/public transit. This sale includes an additional lot at 11 Lakeside Road.

Last Agent to Sell the Property

angela squeo

RE/MAX OUR TOWN Listed on: 03/25/2021

RE/MAX OUR TOWN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,858

Year Built

  • Built in 1890

Lot Details

  • 0.47 Acre Lot
  • Northwest Facing Home
  • Corner Lot
  • Private Yard
  • Property is zoned R20

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Additional Parking
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,155 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Free Standing Fireplace
  • Insulated Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Storm Screens
  • Attic

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Workshop
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Baseboard Heater
  • Well
  • Gas Water Heater

Community Details

  • Easton Ave/Cedar Grove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,858

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4694
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Easton Ave/Cedar Grove
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower, Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Country Kitchen
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Partially Finished, Full, Bath Half, Recreation Room, Utility Room, Workshop
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: High Ceilings, Den, Dining Room, Family Room, Kitchen, Living Room, Other Room(s), 3 Bedrooms, Bath Main, Bath Second, Attic
  • Living Area: 2155
  • Stories: 2
  • Window Features: Screen/Storm Window, Insulated Windows, Skylight(s)

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot, Near Public Transit
  • Direction Faces: Northwest
  • Exterior Features: Yard
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Additional Parking, Asphalt, Garage, Oversized, Detached, See Remarks, Driveway

Utilities

  • Gas Company: Natural Gas, Oil
  • Cooling: Window Unit(s)
  • Heating: Baseboard Electric, Baseboard Hotwater, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 20447
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 7858
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 28, 2021
Sold by
Deutsch Keenan L and Petersen Latrisha K
Bought by
Rockman Michael and Rockman Amy
Seller's Agent
angela squeo
RE/MAX OUR TOWN
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$698,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,560
Avg. Annual Appreciation
8.10%
Original Mortgage
$392,000
Outstanding Balance
$359,002
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$322,724

Purchase Details

Listed on
Mar 30, 2015
Closed on
Mar 27, 2015
Sold by
Grossman Michael and Grossman Genevieve
Bought by
Deutsch Keenan L and Petersen Latrisha K
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
angela squeo
RE/MAX OUR TOWN
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$316,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2011
Sold by
Alvarez Michael J and Alvarez Betsy
Bought by
Grossman Michael

Purchase Details

Closed on
Sep 13, 2004
Sold by
Alvarez Michael J
Bought by
Grossman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
6.02%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rockman Michael $490,000 First American Title Ins Co
Deutsch Keenan L $395,000 Simplicity Title
Grossman Michael -- None Available
Grossman Michael $396,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rockman Michael $392,000
Previous Owner Deutsch Keenan L $316,000
Previous Owner Grossman Michael $300,000
Previous Owner Grossman Michael $75,068
Previous Owner Grossman Michael $316,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $490,000 0.0% $227 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $490,000 +24.1% $227 / Sq Ft
03/30/2015 03/30/15 Sold $395,000 -- --
Source: All Jersey 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 $9,766 $537,200 $335,400 $201,800
2023 $8,788 $455,100 $253,300 $201,800
2022 $8,358 $410,100 $208,300 $201,800
2021 $8,087 $365,100 $163,300 $201,800
2020 $7,858 $347,100 $145,300 $201,800
2019 $7,990 $347,100 $145,300 $201,800
2018 $7,760 $333,600 $131,800 $201,800
2017 $7,471 $320,100 $118,300 $201,800
2016 $7,420 $315,600 $113,800 $201,800
2015 $7,264 $311,100 $109,300 $201,800
2014 $7,141 $310,200 $108,400 $201,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2114270R

All Jersey MLS

APN: 08-00424-02-00034