NOT LISTED FOR SALE

16 Sheephill Dr Gladstone, NJ 07934

Estimated Value: $1,683,880 - $2,020,000

5 Beds
4 Baths
-- Sq Ft
2.35 Acres Lot

Sale Details

Date Sold: February 24, 2021

Last sale price $1,130,000

Est. 60% increase in value since last sale

Current estimated payment $11,223 / mo

53 Days on Market

About This Home

As of February 2021

This home is located at 16 Sheephill Dr, Gladstone, NJ 07934 since 31 August 2020 and is currently estimated at $1,805,970. This property was built in 1992. 16 Sheephill Dr is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

Last Agent to Sell the Property

Peter Engelmann

WEICHERT REALTORS Brokerage Phone: 908-766-7447 Listed on: 08/31/2020

WEICHERT REALTORS

Last Buyer's Agent

MARY ANN E. ACCARDO

AMERIFIRST, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 2.35 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

2.35 Acres

Listing Details

  • Year Built: 1992
  • County Name: Somerset
  • I D: 5012251
  • Attribution Contact: 908-766-7447
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 2.35 AC
  • Total Acres: 2.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Feb 16, 2021
Sold by
Brown Christopher B and Brown Chrysite W
Bought by
Scannella James A and Scannella Maria Z
Seller's Agent
Peter Engelmann
WEICHERT REALTORS
Buyer's Agent
MARY ANN E. ACCARDO
AMERIFIRST, INC.
List Price
$1,190,000
Sold Price
$1,130,000
Premium/Discount to List
-$60,000
-5.04%
Current Estimated Value
$1,805,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,970
Avg. Annual Appreciation
9.53%
Original Mortgage
$791,000
Outstanding Balance
$707,463
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,098,507

Purchase Details

Listed on
Apr 8, 2017
Closed on
Aug 15, 2017
Sold by
Nurtha Janine E
Bought by
Brown Christopher B and Brown Chrystie E
Seller's Agent
Peter Engelmann
WEICHERT REALTORS
Buyer's Agent
JOHN ABEYAGUNAWARDENA
BHHS FOX & ROACH
List Price
$1,199,000
Sold Price
$1,075,000
Premium/Discount to List
-$124,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$675,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1991
Sold by
Sheephill Associates
Bought by
Martha Bennett A and Martha Janine R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Scannella James A $1,130,000 Old Republic Natl Ttl Ins Co
Scannella James A $1,130,000 New Title Company Name
Brown Christopher B $1,075,000 None Available
Martha Bennett A $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scannella James A $791,000
Closed Scannella James A $791,000
Previous Owner Brown Christopher B $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2021 02/24/21 Sold $1,130,000 -5.0% --
10/23/2020 10/23/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $1,190,000 +10.7% --
08/16/2017 08/16/17 Sold $1,075,000 -10.3% -- View Prior Sale
06/08/2017 06/08/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $1,199,000 -- --
Source: Garden State MLS

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 $20,569 $1,303,000 $390,100 $912,900
2024 $20,569 $1,205,000 $364,200 $840,800
2023 $20,192 $1,136,300 $343,500 $792,800
2022 $20,143 $1,095,900 $327,100 $768,800
2021 $20,006 $1,068,100 $317,400 $750,700
2020 $19,803 $1,053,900 $305,100 $748,800
2019 $19,899 $1,064,100 $305,100 $759,000
2018 $20,149 $1,072,900 $305,100 $767,800
2017 $22,541 $1,185,100 $321,200 $863,900
2016 $22,464 $1,170,600 $321,200 $849,400
2015 $21,860 $1,160,300 $321,200 $839,100
2014 $21,390 $1,125,800 $314,800 $811,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Engelmann

    Seller's Agent in 2021

    Peter Engelmann

    WEICHERT REALTORS

    (908) 507-8141

    27 in this area

    61 Total Sales

    Peter Engelmann
    Section Image

  • M

    Buyer's Agent in 2021

    MARY ANN E. ACCARDO

    AMERIFIRST, INC.

  • J

    Buyer's Agent in 2017

    JOHN ABEYAGUNAWARDENA

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3660262

Garden State MLS

APN: 15-00004-02-00008

New Jersey Somerset County Gladstone 07934

16 Sheephill Dr, Gladstone, NJ

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