NOT LISTED FOR SALE

1627 Amwell Rd Somerset, NJ 08873

Estimated Value: $470,000 - $620,522

3 Beds
11 Baths
-- Sq Ft
0.65 Acres

Last Sold December 11, 2017

Last sale price $235,000

Est. 134% increase in value since last sale

Current estimated payment $3,581/month

59 Days on Market

Highlights

  • Custom Home
  • Deck
  • Formal Dining Room
  • 0.65 Acre Lot
  • Mud Room
  • 2 Car Detached Garage

About This Home

As of December 2017

HomeSteps Freddie Mac:This property is eligible under the Freddie Mac First Look Initiative through 08/22/2017.This home has it all, Possible 4th Bedroom, Possible 8th room all on .6 Acres in Somerset Recently painted with new carpet, some new lighting, with EIK, Separate dining area with Laundry room off the kitchen. The best is yet to come, Rear deck with privacy as well as the rear lot that goes on and on. Just when you think the possibility's are completed, check out the garage. You will not find another home with all these pluses in this market area.

Last Agent to Sell the Property

Mitchell Schanen

C-21 CHARLES SMITH AGENCY Listed on: 08/01/2017

Co-Listed By

RONALD MADEIRA

C-21 CHARLES SMITH AGENCY

Last Buyer's Agent

GWENDOLYN SORRELLS-WADE

REALTY MARK CENTRAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 1920

Lot Details

  • 0.65 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Custom Home
  • Cape Cod Architecture

Interior Spaces

  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Additional Features

  • Deck
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2708-00386-0003-00025-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,943

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod, Custom Home
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1920
  • Year Built Description: Unknown
  • County Name: Somerset
  • Street Number Display: 1627
  • Directions: Demott Lane to Amwell road Home is between Colony Court and Rolling road
  • I D: 4736007
  • Modified: 2021-09-23
  • Number Images: 19
  • First Name: MITCHELL
  • First Name2: RONALD
  • First Name3: GWENDOLYN
  • Last Name: SCHANEN
  • Last Name2: MADEIRA
  • Last Name3: SORRELLS-WADE
  • Office Phone: 732-721-9000
  • Office Phone2: 7329851515
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Number Rooms: 7
  • Bedrooms: 3
  • Bathrooms: 2.90
  • Full Bathrooms: 2
  • Half Bathrooms: 9
  • Basement: Yes
  • Basement Description: Full
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: MudRoom, Foyer, SeeRem, Living Room, Dining Room, Bath Main, Kitchen
  • Level 3 Rooms: 3 Bedrooms, Bath(s) Other
  • Phone: 732-985-1515

Exterior Features

  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 0.65 ACRE
  • Assessed Improvement Value: 139500
  • Assessed Land Value: 113300
  • Assessment: 252800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.65

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: 5943
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00386-0003-00025-0000-
  • Tax Rate Amount: 2.281
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Dec 8, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hodge Terrence
Seller's Agent
Mitchell Schanen
C-21 CHARLES SMITH AGENCY
Buyer's Agent
GWENDOLYN SORRELLS-WADE
REALTY MARK CENTRAL
List Price
$254,900
Sold Price
$235,000
Premium/Discount to List
-$19,900
-7.81%
Current Estimated Value
$550,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,381
Avg. Annual Appreciation
11.51%
Original Mortgage
$230,743
Outstanding Balance
$198,182
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$352,199

Purchase Details

Closed on
Sep 22, 2014
Sold by
Burns Kenneth P and Burns Kenneth
Bought by
Federal Home Loan Mortgage Corporation
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
Hodge Terrence $235,000 Amtrust Title Ins Co
Federal Home Loan Mortgage Corporation $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Terrence $230,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $235,000 -7.8% --
09/29/2017 09/29/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $254,900 -- --
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
2025 $7,959 $502,200 $298,300 $203,900
2024 $7,959 $437,800 $298,300 $139,500
2023 $7,488 $387,800 $248,300 $139,500
2022 $6,803 $333,800 $194,300 $139,500
2021 $6,397 $288,800 $149,300 $139,500
2020 $6,131 $270,800 $131,300 $139,500
2019 $5,819 $252,800 $113,300 $139,500
2018 $5,880 $252,800 $113,300 $139,500
2017 $5,900 $252,800 $113,300 $139,500
2016 $5,943 $252,800 $113,300 $139,500
2015 $5,903 $252,800 $113,300 $139,500
2014 $5,819 $252,800 $113,300 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3408321

Garden State MLS

APN: 08-00386-03-00025