NOT LISTED FOR SALE

16 Schoolhouse Ln Somerville, NJ 08876

Estimated Value: $520,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 15, 2015

Last sale price $270,000

Est. 93% increase in value since last sale

Current estimated payment $3,793/month

About This Home

As of December 2015

This home is located at 16 Schoolhouse Ln, Somerville, NJ 08876 since 15 December 2015 and is currently estimated at $520,000. 16 Schoolhouse Ln is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Last Agent to Sell the Property

Stewart Daniels

RE/MAX PINNACLE Brokerage Phone: 908-306-9600 Listed on: 12/15/2015

RE/MAX PINNACLE

Last Buyer's Agent

MICHELE RAWSON

RE/MAX PREMIER

RE/MAX PREMIER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,748

Lot Details

  • 6,534 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,748

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 16
  • I D: 4563202
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-306-9600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 64X100
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Dec 14, 2015
Sold by
Green Barry
Bought by
Vandoren Bruce L and Vandoren Karen M
Seller's Agent
Stewart Daniels
RE/MAX PINNACLE
Buyer's Agent
MICHELE RAWSON
RE/MAX PREMIER
Sold Price
$270,000
Current Estimated Value
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,000
Avg. Annual Appreciation
7.34%
Original Mortgage
$216,000
Outstanding Balance
$173,721
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$356,279

Purchase Details

Listed on
Feb 7, 2014
Closed on
Apr 8, 2014
Sold by
Green Barry
Bought by
Green Barry and Green Robyn T
Seller's Agent
Stewart Daniels
RE/MAX PINNACLE
Buyer's Agent
Stewart Daniels
RE/MAX PINNACLE
Sold Price
$242,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Listed on
Feb 7, 2014
Closed on
Jan 14, 2014
Sold by
Axmann David and Estate Of Robert Axmann Jr
Bought by
Green Barry
Seller's Agent
Stewart Daniels
RE/MAX PINNACLE
Buyer's Agent
Stewart Daniels
RE/MAX PINNACLE
Sold Price
$242,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,586
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Vandoren Bruce L $270,000 Old Republic Natl Title Ins
Green Barry -- Chicago Title Ins Co
Green Barry $242,500 All Jersey Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandoren Bruce L $216,000
Previous Owner Green Barry $237,586
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $270,000 +11.3% --
02/07/2014 02/07/14 Sold $242,500 -- --
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 $10,748 $271,900 $118,700 $153,200
2023 $10,501 $271,900 $118,700 $153,200
2022 $10,226 $271,900 $118,700 $153,200
2021 $9,884 $271,900 $118,700 $153,200
2020 $9,952 $271,900 $118,700 $153,200
2019 $9,884 $271,900 $118,700 $153,200
2018 $9,778 $271,900 $118,700 $153,200
2017 $9,576 $271,900 $118,700 $153,200
2016 $9,188 $271,900 $118,700 $153,200
2015 $10,309 $309,200 $132,700 $176,500
2014 $10,145 $309,200 $132,700 $176,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3248641

Garden State MLS

APN: 18-00083-01-00008