NOT LISTED FOR SALE

16 Colgate Ct Somerset, NJ 08873

Estimated Value: $779,000 - $874,000

5 Beds
2.5 Baths
2,350 Sq Ft
$359/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $765,000 $326 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,597/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Attic

About This Home

As of August 2022

THIS BEAUTIFUL CUSTOM HOME HAS EVERYTHING TO OFFER! Desirably located on a cul-de-sac in a quiet neighborhood, this well maintained home showcases many upgrades including two story entry foyer, all hardwood floors throughout, open eat-in-kitchen with center island, stainless steel appliances, custom cabinets, and granite countertops, along with adjoining family room and gas fireplace, and many windows making for a bright and sunny home. The first floor offers formal living and dining rooms, bedroom/office accommodations, and convenient laundry room. On the second floor, there are 4 spacious bedrooms including a grand master suite with walk-in custom closet and extra storage space. The large unfinished full basement offers endless possibilities for additional living space. What truly makes this home unique is the private backyard which boasts an outdoor kitchen, oversized and maintenance free Trex deck, custom fire pit and privacy fence-the perfect place for both relaxing and entertaining! The exterior home entrance welcomes you with a stone front facade and beautiful landscaping, adding to the great curb appeal. Enjoy the convenient 2 car garage as well as the close proximity to restaurants, schools, public transportation, and all major highways, allowing an easy commute to NYC. PRIME LOCATION. A MUST SEE!

Last Agent to Sell the Property

MARGIE WEST

C-21 CREST REAL ESTATE, INC. Listed on: 07/15/2022

Last Buyer's Agent

MARGIE WEST

C-21 CREST REAL ESTATE, INC. Listed on: 07/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,424

Year Built

  • Built in 2010

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Dry Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00101-0000-00085-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,424

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2010
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: personal belongings
  • Street Number Display: 16
  • Directions: use GPS
  • I D: 5145018
  • Modified: 2023-08-26
  • Number Images: 30
  • First Name: MARGIE
  • First Name3: MARGIE
  • Last Name: WEST
  • Last Name3: WEST
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer, WineRefr
  • Interior Amenities: Bar-Dry, Blinds, Cathedral Ceiling, Fire Alarm Sys, High Ceilings, SoakTub, StallShw, Walk-In Closet, Window Treatments
  • Number Rooms: 9
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Inside Entrance, SeeRem
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Other Room 3: PowderRm
  • Other Room3 Level: First
  • Other Room 4: Foyer
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, OutEntrn, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Storage Room
  • Level 3 Rooms: Attic
  • Phone: 973-686-1500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Barbeque, Deck, Open Porch(es), OutDrKit, Privacy Fence, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .233 ACRES
  • Assessed Improvement Value: 330800
  • Assessed Land Value: 260000
  • Assessment: 590800
  • Easement: Unknown
  • Lot Description: Cul-De-Sac, Level Lot, Wooded Lot
  • Lot Identifier: 85
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10424
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00101-0000-00085-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.229
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 25, 2022
Sold by
Rivas Barbara Annette
Bought by
Patel Vijaykumar B and Patel Neela V
Seller's Agent
MARGIE WEST
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
MARGIE WEST
C-21 CREST REAL ESTATE, INC.
List Price
$699,900
Sold Price
$765,000
Premium/Discount to List
$65,100
9.3%
Views
1
Current Estimated Value
$843,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,185
Avg. Annual Appreciation
2.12%
Original Mortgage
$526,000
Outstanding Balance
$506,189
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$308,823

Purchase Details

Closed on
Feb 17, 2010
Sold by
Churchill Estates Llc
Bought by
Rivas Barbara Annette and Hemsey Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Patel Vijaykumar B $765,000 --
Rivas Barbara Annette $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vijaykumar B $526,000
Previous Owner Rivas Barbara Annette $356,750
Previous Owner Rivas Barbara Annette $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $765,000 +9.3% $326 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $699,900 -- $298 / Sq Ft
Source: Garden State 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 $12,149 $666,800 $320,000 $346,800
2023 $12,344 $636,300 $300,000 $336,300
2022 $12,100 $590,800 $260,000 $330,800
2021 $10,383 $465,800 $135,000 $330,800
2020 $10,424 $455,800 $125,000 $330,800
2019 $10,797 $465,800 $135,000 $330,800
2018 $10,909 $465,800 $135,000 $330,800
2017 $10,951 $465,800 $135,000 $330,800
2016 $11,179 $471,500 $135,000 $336,500
2015 $11,104 $471,500 $135,000 $336,500
2014 $10,939 $471,500 $135,000 $336,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3796227

Garden State MLS

APN: 08-00101-0000-00085