NOT LISTED FOR SALE

14 Drake Rd Somerset, NJ 08873

Estimated Value: $616,306 - $686,000

4 Beds
2.5 Baths
1,792 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $367,000 $205 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,170/month

Highlights

  • Commercial Range
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Cathedral Ceiling
  • Attic

About This Home

As of July 2018

Beautiful Foxwood Move-In Ready Colonial Split. Complete With Hardwood Floors, Updated Kitchen & Baths, & Newer Appliances. Also Has Built-in Shelving, Custom Wooden Blinds, Newer Siding, AC, Gutter/w Gutter Guards, Soffits, & Storm Door. Great Room Sliders Invite You to a Deck and Patio & a Spacious Fenced In Yard. The Basement Provides Office and Storage Space. There is Also a Pull-Down Attic For Even more Storage Space. Close to NYC Bus & Train, Rutgers & 287.

Last Agent to Sell the Property

Armando Perez

(732) 331-4352 armando.perez@cbmoves.com Coldwell Banker Residential Brokerage - Princeton Listed on: 05/23/2018

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Armando Perez

(732) 331-4352 armando.perez@cbmoves.com Coldwell Banker Residential Brokerage - Princeton Listed on: 05/23/2018

Coldwell Banker Residential Brokerage - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,921

Year Built

  • Built in 1965

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Level Lot
  • Back Yard
  • Property is in good condition
  • Property is zoned R10

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Driveway

Home Design

  • Colonial Architecture
  • Split Level Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Commercial Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Basement

  • Partial Basement
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Conerly Road Elementary School
  • Franklin Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 08-00370-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,921

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1965
  • Remarks Public: Beautiful Foxwood Move-In Ready Colonial Split. Complete With Hardwood Floors, Updated Kitchen & Baths, & Newer Appliances. Also Has Built-in Shelving, Custom Wooden Blinds, Newer Siding, AC, Gutter/w Gutter Guards, Soffits, & Storm Door. Great Room Sliders Invite You to a Deck and Patio & a Spacious Fenced In Yard. The Basement Provides Office and Storage Space. There is Also a Pull-Down Attic For Even more Storage Space. Close to NYC Bus & Train, Rutgers & 287.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Skylight(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: Other
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Net Sq Ft: 1792.00
  • Price Per Sq Ft: 209.26
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Parking Features: Private
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CONERLY ROAD SCHOOL
  • High School: FRANKLIN TOWNSHIP
  • School District Key: 300200397466
  • Elementary School: CONERLY ROAD SCHOOL
  • High School: FRANKLIN TOWNSHIP

Lot Info

  • Improvement Assessed Value: 165700.00
  • Land Assessed Value: 128700.00
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.20
  • Lot Dimensions: 70X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8750.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3219037
  • Tax Annual Amount: 6921.00
  • Assessor Parcel Number: 08-00370-00023
  • Tax Lot: 00023
  • Tax Year: 2017
  • Close Date: 07/16/2018

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 16, 2018
Sold by
Castro Betsabe and Castro Dennis Jonathan
Bought by
Persaud Rudy
Seller's Agent
Armando Perez
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Armando Perez
Coldwell Banker Residential Brokerage - Princeton
List Price
$375,000
Sold Price
$367,000
Premium/Discount to List
-$8,000
-2.13%
Current Estimated Value
$650,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,577
Avg. Annual Appreciation
8.28%
Original Mortgage
$374,890
Outstanding Balance
$325,577
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$325,000

Purchase Details

Listed on
May 16, 2013
Closed on
May 16, 2013
Sold by
Pataky David M and Pataky Pia J
Bought by
Castro Betsabe and Dennis Jonathan
Seller's Agent
April Tarantino
RE/MAX OUR TOWN
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$289,656
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2003
Sold by
Mayes Marty
Bought by
Pataky David and Pataky Pia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.64%

Purchase Details

Closed on
Mar 31, 1997
Sold by
Raymore Catherine
Bought by
Mayes Marty and Mayes Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Persaud Rudy $367,000 Westcor Land Title Ins Co
Castro Betsabe $295,000 Agent For Chicago Title Insu
Pataky David $272,500 --
Mayes Marty $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Persaud Rudy $374,890
Previous Owner Castro Betsabe $289,656
Previous Owner Pataky David $230,000
Previous Owner Mayes Marty $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $367,000 -2.1% $205 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $375,000 +27.1% $209 / Sq Ft
05/16/2013 05/16/13 Sold $295,000 -- --
Source: Bright 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
2025 $8,802 $559,600 $317,400 $242,200
2024 $8,802 $483,100 $317,400 $165,700
2023 $8,815 $454,400 $288,700 $165,700
2022 $8,487 $414,400 $248,700 $165,700
2021 $7,677 $344,400 $178,700 $165,700
2020 $7,648 $334,400 $168,700 $165,700
2019 $7,520 $324,400 $158,700 $165,700
2018 $7,246 $309,400 $143,700 $165,700
2017 $6,921 $294,400 $128,700 $165,700
2016 $6,743 $284,400 $118,700 $165,700
2015 $6,344 $269,400 $103,700 $165,700
2014 $6,134 $264,400 $98,700 $165,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001548764

Bright MLS

APN: 08-00370-0000-00023