136 Drake Rd Somerset, NJ 08873
Estimated Value: $618,000 - $687,000
--
Bed
--
Bath
2,014
Sq Ft
$319/Sq Ft
Est. Value
About This Home
This home is located at 136 Drake Rd, Somerset, NJ 08873 and is currently estimated at $642,748, approximately $319 per square foot. 136 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
Sep 2, 2005
Sold by
Holmes Monique
Bought by
Severino Pericles
Current Estimated Value
Purchase Details
Closed on
Feb 24, 2000
Sold by
Federal National Mortgage Association
Bought by
Scott Michael and Holmes Monique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,050
Interest Rate
8.18%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 18, 1995
Sold by
Bess John
Bought by
Jones Julius and Jones Kathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.61%
Purchase Details
Closed on
Nov 15, 1991
Sold by
Giacobello Bartholomew F and Giacobello Marsha
Bought by
Bess John W and Bess Cynthia R
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Severino Pericles | $390,000 | -- | |
Scott Michael | $190,000 | -- | |
Jones Julius | $169,000 | -- | |
Bess John W | $165,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Scott Michael | $184,050 | |
Previous Owner | Jones Julius | $161,000 |
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 | $9,963 | $546,800 | $368,700 | $178,100 |
2023 | $9,638 | $496,800 | $318,700 | $178,100 |
2022 | $8,946 | $436,800 | $258,700 | $178,100 |
2021 | $8,622 | $386,800 | $208,700 | $178,100 |
2020 | $8,389 | $366,800 | $188,700 | $178,100 |
2019 | $8,502 | $366,800 | $188,700 | $178,100 |
2018 | $8,005 | $341,800 | $163,700 | $178,100 |
2017 | $7,683 | $326,800 | $148,700 | $178,100 |
2016 | $7,511 | $316,800 | $138,700 | $178,100 |
2015 | $7,696 | $326,800 | $148,700 | $178,100 |
2014 | $7,466 | $321,800 | $143,700 | $178,100 |
Source: Public Records
Map
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