128 Drake Rd Somerset, NJ 08873
Estimated Value: $641,000 - $676,000
3
Beds
2
Baths
2,060
Sq Ft
$320/Sq Ft
Est. Value
About This Home
This home is located at 128 Drake Rd, Somerset, NJ 08873 and is currently estimated at $660,157, approximately $320 per square foot. 128 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2009
Sold by
Tiao Wei Yi and Tiao Shu Fen
Bought by
Zorde Heidi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,250
Outstanding Balance
$165,984
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$460,916
Purchase Details
Closed on
Oct 14, 1992
Sold by
Lombardo John and Lombardo Angela
Bought by
Tiao Wei-Yi and Tiao Shu-Fen
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Zorde Heidi | $348,250 | None Available | |
Tiao Wei-Yi | $168,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Zorde Heidi | $248,250 | |
Previous Owner | Tiao Shufen | $250,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,751 | $535,200 | $362,200 | $173,000 |
2023 | $9,413 | $485,200 | $312,200 | $173,000 |
2022 | $8,708 | $425,200 | $252,200 | $173,000 |
2021 | $8,341 | $374,200 | $202,200 | $172,000 |
2020 | $8,101 | $354,200 | $182,200 | $172,000 |
2019 | $8,210 | $354,200 | $182,200 | $172,000 |
2018 | $7,710 | $329,200 | $157,200 | $172,000 |
2017 | $7,387 | $314,200 | $142,200 | $172,000 |
2016 | $7,213 | $304,200 | $132,200 | $172,000 |
2015 | $7,399 | $314,200 | $142,200 | $172,000 |
2014 | $7,173 | $309,200 | $137,200 | $172,000 |
Source: Public Records
Map
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