16 Sherborne St Unit 65 Somerset, NJ 08873
Estimated Value: $488,166 - $499,000
2
Beds
3
Baths
1,575
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 16 Sherborne St Unit 65, Somerset, NJ 08873 and is currently estimated at $494,042, approximately $313 per square foot. 16 Sherborne St Unit 65 is a home located in Somerset County with nearby schools including Franklin High School, Cheder Menachem, and St. Augustine of Canterbury School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2010
Sold by
Jayaram Devkumar and Bhagavan Deepthi Kasetty
Bought by
Thawani Naresh
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 12, 2004
Sold by
Chang Steve W
Bought by
Jayaram Devkumar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
6.01%
Purchase Details
Closed on
May 26, 1999
Sold by
Mitchell Daniel
Bought by
Chang Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.19%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Thawani Naresh | $275,000 | Golden Title Agency | |
Jayaram Devkumar | $282,000 | -- | |
Chang Steven | $147,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Thawani Naresh | $370,000 | |
Closed | Thawani Naresh | $36,000 | |
Previous Owner | Thawani Naresh | $206,250 | |
Previous Owner | Jayaram Devkumar | $200,000 | |
Previous Owner | Jayaram Devkumar | $225,600 | |
Previous Owner | Chang Steven | $136,800 |
Source: Public Records
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 | $7,147 | $396,400 | $175,000 | $221,400 |
2023 | $6,844 | $356,100 | $135,000 | $221,100 |
2022 | $6,411 | $316,100 | $95,000 | $221,100 |
2021 | $6,236 | $291,100 | $70,000 | $221,100 |
2020 | $6,237 | $276,100 | $55,000 | $221,100 |
2019 | $6,205 | $271,300 | $45,000 | $226,300 |
2018 | $6,168 | $267,000 | $45,000 | $222,000 |
2017 | $6,076 | $262,000 | $40,000 | $222,000 |
2016 | $6,105 | $261,000 | $39,000 | $222,000 |
2015 | $6,086 | $262,000 | $40,000 | $222,000 |
2014 | $5,972 | $261,000 | $39,000 | $222,000 |
Source: Public Records
Map
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