Peter Riga
WEICHERT CO REALTORS
(848) 242-8272
53 Total Sales
6 in Franklin
$180K - $610K Price Range
137 Drake Rd Somerset, NJ 08873
Franklin AreaEstimated Value: $596,000 - $707,000
3
Beds
2.5
Baths
2,515
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Attic
- Formal Dining Room
- Wooded Lot
- Sun or Florida Room
- 2 Car Attached Garage
About This Home
As of May 2019LARGE 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
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 Details
Home Type
- Single Family
Est. Annual Taxes
- $7,735
Year Built
- Built in 1960
Lot Details
- 16,553 Sq Ft Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
Home Design
- Colonial Architecture
- Asphalt Shingled Roof
- 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
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2708-00375-0000-00016-0000-
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2018
Closed on
May 15, 2019
Sold by
Fannie Mae
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,173
Avg. Annual Appreciation
9.92%
Original Mortgage
$294,000
Outstanding Balance
$252,455
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$399,718
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Somerset, NJ
-
Peter Riga
-
Tara Mascola
Tara Mascola
RE/MAX IN STYLE
(848) 279-9798
45 Total Sales
3 in Franklin
$423K - $525K Price Range
-
Nora Jean Malan
Nora Jean Malan
EXP Realty, LLC
(908) 540-7439
52 Total Sales
2 in Franklin
$270K - $375K Price Range
-
Ronald Dolenti
Ronald Dolenti
Responds QuicklyQUEENSTON REALTY
(215) 709-9436
38 Total Sales
2 in Franklin
$655,000 Price Range
-
Kathleen Quarterman
Kathleen Quarterman
Quarterman Realty Group Inc.
(609) 710-8044
152 Total Sales
1 in Franklin
$470,000 Price
-
Christina Winka
Christina Winka
Coldwell Banker Realty
(609) 757-8450
32 Total Sales
1 in Franklin
$850,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $326,900 | Quality Ttl & Abstract Agcy | ||
| Federal National Mortgage Association | $1,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $294,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,386 | $634,800 | $348,100 | $286,700 |
| 2025 | $9,615 | $589,800 | $303,100 | $286,700 |
| 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
-
LB
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
3 Total Sales
Map
Source: Garden State MLS
MLS Number: 3517271
APN: 08-00375-0000-00016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.