Seller's Agent in 2021
Seth Davidson
Better Homes and Gardens Real Estate Maturo
(908) 418-3517
1 in this area
88 Total Sales
140 Demott Ln Somerset, NJ 08873
Estimated Value: $551,000 - $614,000
3
Beds
1
Bath
1,508
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- 1.03 Acre Lot
- No HOA
- Eat-In Kitchen
- Wood Flooring
- 1 Car Attached Garage
- Wood Burning Fireplace
About This Home
As of June 2021This freshly painted 3 bedroom house is ready for its new owner. It is set back from the street and sits on over an acre of land. The huge backyard, great for outdoor activities and entertaining, backs up to a public park with a field, basketball courts, and playground. Tons of natural light comes in through large windows in the living and dining rooms. There is also a cozy 3 season room to relax and read a good book, or you can add heat and turn it into even more living space. Other notable features include hardwood floors, wood burning fireplace, attached garage, basement, and full attic with lots of storage. The house has been very well maintained. Sold in as-is condition. Bring your imagination and schedule a viewing today!
Last Agent to Sell the Property
Better Homes and Gardens Real Estate Maturo Listed on: 05/09/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,803
Year Built
- Built in 1955
Lot Details
- 1.03 Acre Lot
- Lot Dimensions are 115.00 x 390.00
- Property is zoned R40
Parking
- 1 Car Attached Garage
- Front Facing Garage
Home Design
- Split Level Home
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,508 Sq Ft Home
- Property has 3 Levels
- Wood Burning Fireplace
- Wood Flooring
- Eat-In Kitchen
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Hot Water Baseboard Heater
- Well
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00011
- Assessor Parcel Number 08-00391-00011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2021
Closed on
Jun 6, 2021
Sold by
Stagg Jacqueline Lenore and Stagg Christopher Delos
Bought by
Ramjattan Mahendra
Seller's Agent
Seth Davidson
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Seth Davidson
Better Homes and Gardens Real Estate Maturo
List Price
$349,900
Sold Price
$410,000
Premium/Discount to List
$60,100
17.18%
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
$178,644
Avg. Annual Appreciation
8.21%
Original Mortgage
$120,000
Outstanding Balance
$92,312
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$480,213
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramjattan Mahendra | $410,000 | Foundation Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramjattan Mahendra | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2021 06/16/21 | Sold | $410,000 | +17.2% | $272 / Sq Ft |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- |
| 05/09/2021 05/09/21 | For Sale | $349,900 | -- | $232 / Sq Ft |
Source: Bright MLS
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 | $8,661 | $476,400 | $310,700 | $165,700 |
| 2023 | $8,504 | $440,400 | $274,700 | $165,700 |
| 2022 | $7,139 | $350,300 | $193,700 | $156,600 |
| 2021 | $5,945 | $309,500 | $157,700 | $151,800 |
| 2020 | $6,803 | $300,500 | $148,700 | $151,800 |
| 2019 | $6,710 | $291,500 | $139,700 | $151,800 |
| 2018 | $6,852 | $294,600 | $139,700 | $154,900 |
| 2017 | $6,876 | $294,600 | $139,700 | $154,900 |
| 2016 | $7,138 | $303,600 | $148,700 | $154,900 |
| 2015 | $7,049 | $312,600 | $157,700 | $154,900 |
| 2014 | $6,946 | $312,600 | $157,700 | $154,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Davidson
Map
Source: Bright MLS
MLS Number: NJSO114658
APN: 08-00391-0000-00011
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