NOT LISTED FOR SALE

137 Drake Rd Somerset, NJ 08873

Estimated Value: $580,000 - $699,460

3 Beds
2.5 Baths
2,515 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $327,000 $130 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,414/month

118 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Formal Dining Room
  • Wooded Lot
  • Sun or Florida Room
  • 2 Car Attached Garage

About This Home

As of May 2019

LARGE 2500 sq ft. 3 bedroom, 3 bath Colonial. 2 Additions, Wood-burning Fireplace, Sun-room, 2 storage sheds. Centrally located, 1 minute to NYC Bus stop. Close to Schools, University and Highways.

Last Agent to Sell the Property

LOUIS G. BARROOD

BARROOD REAL ESTATE Listed on: 11/24/2018

Last Buyer's Agent

Debra Andriola

RE/MAX 1ST ADVANTAGE

RE/MAX 1ST ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,735

Year Built

  • Built in 1960

Lot Details

  • 0.38 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2,515 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00375-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,735

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 137
  • Directions: JFK Blvd to Winston to 1st right on Drake, down on right.
  • I D: 4854210
  • Modified: 2020-05-11
  • Number Images: 12
  • Section Subdiv Development: Levitt
  • First Name: LOUIS G.
  • First Name3: DEBRA
  • Last Name: BARROOD
  • Last Name3: ANDRIOLA
  • Office Phone: 732-846-1661
  • Office Phone3: 732-382-0200
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Number Rooms: 10
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Level: First
  • Other Room 2: LivingRm
  • Other Room2 Level: First
  • Level 1 Rooms: Laundry Room, Living Room, Dining Room, Powder Room, Sunroom, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2515
  • Phone: 732-846-1661

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Storage Shed, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 100X165
  • Assessed Improvement Value: 196200
  • Assessed Land Value: 147000
  • Assessment: 343200
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.38

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7735
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00375-0000-00016-0000-
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2018
Closed on
May 15, 2019
Sold by
Fannie Mae
Bought by
Jani Manojit and Jani Varsha M
Seller's Agent
LOUIS G. BARROOD
BARROOD REAL ESTATE
Buyer's Agent
Debra Andriola
RE/MAX 1ST ADVANTAGE
List Price
$339,900
Sold Price
$327,000
Premium/Discount to List
-$12,900
-3.8%
Current Estimated Value
$663,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,115
Avg. Annual Appreciation
11.60%
Original Mortgage
$294,000
Outstanding Balance
$258,516
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$394,179

Purchase Details

Closed on
Mar 3, 2017
Sold by
Dixon David L and Dixon Kathleen S
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

Range of Values:

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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
Jani Manojit $326,900 Quality Ttl & Abstract Agcy
Federal National Mortgage Association $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jani Manojit $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $327,000 -3.8% $130 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
11/24/2018 11/24/18 For Sale $339,900 -- $135 / Sq Ft
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 $9,615 $527,700 $331,500 $196,200
2023 $9,364 $482,700 $286,500 $196,200
2022 $8,780 $428,700 $232,500 $196,200
2021 $8,553 $383,700 $187,500 $196,200
2020 $8,364 $365,700 $169,500 $196,200
2019 $8,477 $365,700 $169,500 $196,200
2018 $8,038 $343,200 $147,000 $196,200
2017 $7,751 $329,700 $133,500 $196,200
2016 $7,604 $320,700 $124,500 $196,200
2015 $7,764 $329,700 $133,500 $196,200
2014 $7,545 $325,200 $129,000 $196,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    LOUIS G. BARROOD

    BARROOD REAL ESTATE

  • Debra Andriola

    Buyer's Agent in 2019

    Debra Andriola

    RE/MAX

    (732) 382-0200

    1 in this area

    11 Total Sales

    Debra Andriola
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3517271

Garden State MLS

APN: 08-00375-0000-00016

New Jersey Somerset County Somerset 08873

137 Drake Rd, Somerset, NJ

This home is located at 137 Drake Rd, Somerset, NJ 08873 since 24 November 2018 and is currently estimated at $663,115, approximately $263 per square foot. This property was built in 1960. 137 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

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