NOT LISTED FOR SALE

1512 Easton Ave Somerset, NJ 08873

Estimated Value: $621,000 - $722,320

5 Beds
3.5 Baths
2,185 Sq Ft
$303/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $580,000 $265 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,294/month

90 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Sun or Florida Room
  • 0.79 Acre Lot
  • Main Floor Primary Bedroom
  • Private Yard

About This Home

As of March 2024

Immaculately kept and lovingly maintained home in a beautiful setting, what more could you want? The main level of this home is spacious and thoughtfully laid out, with a Primary Bedroom and Bathroom conveniently located here. Upon entering the front door, you are greeted with a view of the cozy and inviting Living Room with its brick fireplace. The perfect place to gather on those cold winter nights! Also on this level is the roomy Formal Dining Room, cabinet filled Kitchen and a gorgeous Sun room and a half bath. Upstairs you will find 3 spacious bedrooms, an office and 2 additional full bathrooms. Up another Level is the generously sized loft bedroom. The basement offers even more room, with a laundry area filled with cabinets and counter space! This home is situated on a beautifully landscaped lot. Pump well in the yard is used for outdoor use only- there is municipal water. Elevation Certificate available. Showings begin Monday, 10/30

Last Agent to Sell the Property

Robert Durso

RE/MAX SELECT Listed on: 10/30/2023

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 1925

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 1640.00 x 0.00
  • Fenced
  • Irregular Lot
  • Private Yard
  • Property is zoned R20

Parking

  • 2 Car Detached Garage
  • Side by Side Parking
  • Additional Parking
  • Open Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,185 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Library
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Water Source
  • Well

Community Details

  • Franklin Township Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,773

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7906
  • Lot Size: 1640.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Franklin Township
  • Architectural Style: Colonial, Custom Home
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Custom Home
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: 1st Floor
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, Washer
  • Has Basement: Full, Storage Space, Interior Entry, Laundry Facilities
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 1 Bedroom, Entrance Foyer, Kitchen, Bath Half, Living Room, Bath Full, Dining Room, Florida Room, 3 Bedrooms, Bath Other, Other Room(s), Beamed Ceilings, Library/Office
  • Living Area: 2185
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Irregular Lot
  • Exterior Features: Fencing/Wall, Yard
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Additional Parking, Asphalt, Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Private, Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 34439
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 5773
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Feb 15, 2024
Sold by
Latorre Osvaldo and Latorre Maydel
Bought by
Srinivasan Ram
Seller's Agent
Robert Durso
RE/MAX SELECT
List Price
$579,900
Sold Price
$580,000
Premium/Discount to List
$100
0.02%
Views
809
Current Estimated Value
$662,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,330
Avg. Annual Appreciation
8.14%
Original Mortgage
$569,494
Outstanding Balance
$560,590
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$88,581

Purchase Details

Closed on
Mar 16, 1995
Sold by
Latorre Francisco
Bought by
Latorre Osvaldo and Latorre Maydel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.8%
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
Srinivasan Ram $580,000 Foundation Title
Latorre Osvaldo $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Ram $569,494
Previous Owner Latorre Osvaldo $200,000
Previous Owner Latorre Osvaldo $50,000
Previous Owner Latorre Osvaldo $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $580,000 0.0% $265 / Sq Ft
10/30/2023 10/30/23 For Sale $579,900 -- $265 / Sq Ft
Source: All Jersey 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 $8,556 $470,600 $304,400 $166,200
2023 $7,369 $381,600 $215,400 $166,200
2022 $6,401 $314,100 $147,900 $166,200
2021 $5,548 $269,100 $102,900 $166,200
2020 $6,092 $269,100 $102,900 $166,200
2019 $6,195 $269,100 $102,900 $166,200
2018 $6,259 $269,100 $102,900 $166,200
2017 $6,281 $269,100 $102,900 $166,200
2016 $6,327 $269,100 $102,900 $166,200
2015 $6,283 $269,100 $102,900 $166,200
2014 $6,195 $269,100 $102,900 $166,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2404864R

All Jersey MLS

APN: 08-00465-0000-00006-01