141 Drake Rd Somerset, NJ 08873
Estimated Value: $563,000 - $602,586
3
Beds
2
Baths
1,575
Sq Ft
$373/Sq Ft
Est. Value
About This Home
This home is located at 141 Drake Rd, Somerset, NJ 08873 and is currently estimated at $587,647, approximately $373 per square foot. 141 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
May 8, 2023
Sold by
Milloria Valeriano L and Milloria Maria Armelba
Bought by
Maria Armelba And Valeriano Milloria Revocabl
Current Estimated Value
Purchase Details
Closed on
Aug 29, 2008
Sold by
Topacio Arsenio C and Topacio Jocelyn M
Bought by
Milloria Valeriano L and Milloria Maria Armelba
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 1, 1996
Sold by
Pertzell John
Bought by
Topacio Arsenio and Topacio Jocelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
8.21%
Purchase Details
Closed on
Jan 15, 1991
Sold by
Kale Subhash S and Kale Arundhati S
Bought by
Pretzell John and Pretzell Kristen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maria Armelba And Valeriano Milloria Revocabl | -- | None Listed On Document | |
| Milloria Valeriano L | $315,000 | None Available | |
| Topacio Arsenio | $152,000 | -- | |
| Pretzell John | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Milloria Valeriano L | $31,500 | |
| Previous Owner | Milloria Valeriano L | $252,000 | |
| Previous Owner | Topacio Arsenio | $137,000 |
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 |
|---|---|---|---|---|
| 2025 | $8,696 | $516,200 | $303,100 | $213,100 |
| 2024 | $8,696 | $477,300 | $331,500 | $145,800 |
| 2023 | $8,387 | $432,300 | $286,500 | $145,800 |
| 2022 | $7,748 | $378,300 | $232,500 | $145,800 |
| 2021 | $7,429 | $333,300 | $187,500 | $145,800 |
| 2020 | $7,211 | $315,300 | $169,500 | $145,800 |
| 2019 | $7,309 | $315,300 | $169,500 | $145,800 |
| 2018 | $6,857 | $292,800 | $147,000 | $145,800 |
| 2017 | $6,566 | $279,300 | $133,500 | $145,800 |
| 2016 | $6,409 | $270,300 | $124,500 | $145,800 |
| 2015 | $6,578 | $279,300 | $133,500 | $145,800 |
| 2014 | $6,375 | $274,800 | $129,000 | $145,800 |
Source: Public Records
Map
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