NOT LISTED FOR SALE

120 Southfield Dr Belle Mead, NJ 08502

Estimated Value: $1,222,868 - $1,365,000

5 Beds
3 Baths
-- Sq Ft
3.7 Acres

Last Sold June 26, 2023

Last sale price $999,500

Est. 28% increase in value since last sale

Current estimated payment $9,054/month

5 Days on Market

About This Home

As of June 2023

This home is located at 120 Southfield Dr, Belle Mead, NJ 08502 since 05 May 2023 and is currently estimated at $1,282,717. This property was built in 2003. 120 Southfield Dr is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Montgomery Lower Mid School, and Village Elementary School.

Last Agent to Sell the Property

SREERANGARAMA VARADARAJAN

GAUTAMS REALTY Brokerage Phone: 732-404-1800 Listed on: 05/05/2023

Last Buyer's Agent

LEE YEEN TAI

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,784

Year Built

  • Built in 2003

Lot Details

  • 3.7 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,784

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • County Name: Somerset
  • Street Number Display: 120
  • I D: 5219046
  • Modified: 2024-06-27
  • Number Images: 1
  • Attribution Contact: 732-404-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 3.703 AC
  • Total Acres: 3.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 27, 2023
Sold by
Varadarajan Iii Sreerangarama V and Varadarajan Prathi
Bought by
Kumar Jinender and Jain Ritika
Seller's Agent
SREERANGARAMA VARADARAJAN
GAUTAMS REALTY
Buyer's Agent
LEE YEEN TAI
COLDWELL BANKER REALTY
List Price
$950,000
Sold Price
$999,500
Premium/Discount to List
$49,500
5.21%
Views
28
Current Estimated Value
$1,282,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,217
Avg. Annual Appreciation
10.49%
Original Mortgage
$499,500
Outstanding Balance
$488,684
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$751,078

Purchase Details

Listed on
Apr 22, 2015
Closed on
Aug 15, 2016
Sold by
Rodgers William M and Meulen Rodgers Yana Van Der
Bought by
Varadarajan Sreerangarama V and Raghava Prathima Aladahally
Seller's Agent
Valerie Smith
CALLAWAY HENDERSON SOTHEBY'S IR
List Price
$775,000
Sold Price
$640,000
Premium/Discount to List
-$135,000
-17.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$480,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Country Classics At Montgomery
Bought by
Rodgers William M and Rodgers Yana Van Der Meulen
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
Kumar Jinender $999,500 None Listed On Document
Varadarajan Sreerangarama V $640,000 Providence Abstract Llc
Rodgers William M $649,910 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Jinender $499,500
Previous Owner Varadarajan Sreerangarama V $250,000
Previous Owner Varadarajan Sreerangarama V $452,000
Previous Owner Varadarajan Sreerangarama V $452,000
Previous Owner Varadarajan Sreerangarama V $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $999,500 +5.2% --
05/11/2023 05/11/23 For Sale $950,000 0.0% --
05/10/2023 05/10/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $950,000 +48.4% --
08/17/2016 08/17/16 Sold $640,000 -17.4% --
06/13/2016 06/13/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $775,000 -- --
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 $24,784 $723,400 $231,800 $491,600
2023 $19,124 $558,700 $231,800 $326,900
2022 $18,001 $558,700 $231,800 $326,900
2021 $17,850 $558,700 $231,800 $326,900
2020 $17,705 $558,700 $231,800 $326,900
2019 $17,588 $558,700 $231,800 $326,900
2018 $17,180 $558,700 $231,800 $326,900
2017 $16,884 $558,700 $231,800 $326,900
2016 $16,588 $558,700 $231,800 $326,900
2015 $19,773 $681,600 $236,300 $445,300
2014 $19,535 $681,600 $236,300 $445,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SREERANGARAMA VARADARAJAN

    GAUTAMS REALTY

  • L

    Buyer's Agent in 2023

    LEE YEEN TAI

    COLDWELL BANKER REALTY

  • Valerie Smith

    Seller's Agent in 2016

    Valerie Smith

    CALLAWAY HENDERSON SOTHEBY'S IR

    (609) 658-0394

    34 in this area

    36 Total Sales

    Valerie Smith
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3842012

Garden State MLS

APN: 13-04001-0000-00044-07

New Jersey Somerset County Belle Mead 08502

120 Southfield Dr, Belle Mead, NJ

This home is located at 120 Southfield Dr, Belle Mead, NJ 08502 since 05 May 2023 and is currently estimated at $1,282,717. This property was built in 2003. 120 Southfield Dr is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Montgomery Lower Mid School, and Village Elementary School.

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