Seller's Agent in 2024
April Tarantino
RE/MAX
(732) 735-3511
39 in this area
60 Total Sales
16 Lake Ave Somerset, NJ 08873
Estimated Value: $544,000 - $616,000
4
Beds
2
Baths
1,517
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- Sitting Area In Primary Bedroom
- Wood Flooring
- Private Yard
- Cape Cod Architecture
- Granite Countertops
- Den
About This Home
As of December 20244 bedroom cape. Totally renovated. Gourmet kitchen with stainless steel top end appliances, quartz counter top, new cabinets, stainless steel sink. Pantry/mud room with built in microwave. Kitchen has open floor plan with sitting area and dining room with a view out into the back yard. Large windows let in tons of natural light. Private fenced in yard. 2nd level has full bath, large master bedroom with sitting area that can be used as a den or office. 2nd level also features a 2nd bedroom with walk in closet. Basement is partially finished with family room area for TV or study. Basement has laundry room,storage room and bilco door to backyard. HVAC 2022, roof 2021. Move in ready. This home has been lovingly cared for and maintained. Wood burning fireplace as is seller will make no repairs. No known issues. House is being sold as is. Washer is excluded. Convenient to major highways, Northeast corridor train line, NYC and Princeton bus, Rutgers University.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,124
Year Built
- Built in 1955
Lot Details
- 10,799 Sq Ft Lot
- Lot Dimensions are 150.00 x 72.00
- Fenced
- Level Lot
- Private Yard
- Property is zoned R20
Parking
- 2 Car Attached Garage
- Side by Side Parking
- Open Parking
Home Design
- Cape Cod Architecture
- Asphalt Roof
Interior Spaces
- 1,517 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Insulated Windows
- Formal Dining Room
- Den
- Library
- Utility Room
- Dryer
Kitchen
- Galley Kitchen
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- 2 Full Bathrooms
- Walk-in Shower
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Recreation or Family Area in Basement
- Laundry in Basement
- Basement Storage
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Gas Water Heater
- Sewer Tap Fee
Community Details
- Lake Acres Sec 01 Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2024
Closed on
Dec 11, 2024
Sold by
Delvecchio Dominick and Delvecchio Romelia
Bought by
Alvarez-Craft Adalis and Craft Steven J
Seller's Agent
April Tarantino
RE/MAX OUR TOWN
List Price
$580,000
Sold Price
$590,000
Premium/Discount to List
$10,000
1.72%
Views
108
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
$5,831
Avg. Annual Appreciation
1.44%
Original Mortgage
$560,500
Outstanding Balance
$557,091
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$38,740
Purchase Details
Listed on
Sep 17, 2022
Closed on
Dec 1, 2022
Sold by
Kevin Realty Management Llc
Bought by
Delvecchio Dominick and Delvecchio Romelia
Seller's Agent
Carolyn Walsh
WEICHERT REALTORS
Buyer's Agent
ROSEMARIA PINIZZOTTO
KUKER & KESSLER REAL ESTATE
List Price
$499,999
Sold Price
$485,000
Premium/Discount to List
-$14,999
-3%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$388,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 17, 2021
Closed on
Jul 27, 2021
Sold by
Folkes Monica and Estate Of Benjamin Blew
Bought by
Kevin Realty Management Llc
Seller's Agent
Christopher Egri
KELLER WILLIAMS ELITE REALTORS
List Price
$305,000
Sold Price
$305,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.00%
Purchase Details
Closed on
Dec 11, 1992
Sold by
Gerecke Donald and Gerecke Gordan,Marion
Bought by
Blew Benjamin and Blew Eva
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarez-Craft Adalis | $590,000 | First American Title | |
| Alvarez-Craft Adalis | $590,000 | First American Title | |
| Delvecchio Dominick | $485,000 | -- | |
| Kevin Realty Management Llc | $305,000 | None Available | |
| Blew Benjamin | $131,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alvarez-Craft Adalis | $560,500 | |
| Closed | Alvarez-Craft Adalis | $560,500 | |
| Previous Owner | Delvecchio Dominick | $388,000 | |
| Previous Owner | Blew Benjamin | $238,100 | |
| Previous Owner | Blew Benjamin | $205,000 | |
| Previous Owner | Blew Benjamin | $100,000 | |
| Previous Owner | Blew Benjamin | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $590,000 | +1.7% | $389 / Sq Ft |
| 10/01/2024 10/01/24 | For Sale | $580,000 | +19.6% | $382 / Sq Ft |
| 12/05/2022 12/05/22 | Sold | $485,000 | -3.0% | -- |
| 10/06/2022 10/06/22 | Pending | -- | -- | -- |
| 09/17/2022 09/17/22 | For Sale | $499,999 | +63.9% | -- |
| 07/29/2021 07/29/21 | Sold | $305,000 | 0.0% | $201 / Sq Ft |
| 06/29/2021 06/29/21 | Pending | -- | -- | -- |
| 06/17/2021 06/17/21 | For Sale | $305,000 | -- | $201 / Sq Ft |
Source: All Jersey 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 | $9,578 | $525,700 | $310,900 | $214,800 |
| 2023 | $9,124 | $470,300 | $255,500 | $214,800 |
| 2022 | $8,774 | $428,400 | $225,500 | $202,900 |
| 2021 | $7,939 | $378,400 | $175,500 | $202,900 |
| 2020 | $8,425 | $368,400 | $165,500 | $202,900 |
| 2019 | $8,076 | $348,400 | $145,500 | $202,900 |
| 2018 | $7,457 | $318,400 | $115,500 | $202,900 |
| 2017 | $7,486 | $318,400 | $115,500 | $202,900 |
| 2016 | $7,549 | $318,400 | $115,500 | $202,900 |
| 2015 | $7,498 | $318,400 | $115,500 | $202,900 |
| 2014 | $7,387 | $318,400 | $115,500 | $202,900 |
Source: Public Records
Agents Affiliated with this Home
-
April Tarantino
-
Carolyn Walsh
Seller's Agent in 2022
Carolyn Walsh
WEICHERT REALTORS
(609) 738-7900
10 in this area
35 Total Sales
-
R
Buyer's Agent in 2022
ROSEMARIA PINIZZOTTO
KUKER & KESSLER REAL ESTATE
-
Christopher Egri
Seller's Agent in 2021
Christopher Egri
KELLER WILLIAMS ELITE REALTORS
(732) 516-8924
9 in this area
127 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2504358R
APN: 08-00351-0000-00024
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