NOT LISTED FOR SALE

17 Somerset Place New Providence, NJ 07974

Estimated Value: $919,000 - $1,086,000

4 Beds
3 Baths
2,557 Sq Ft
$407/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $836,000 $327 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,076/month

7 Days on Market

About This Home

As of September 2021

This home is located at 17 Somerset Place, New Providence, NJ 07974 since 14 July 2021 and is currently estimated at $1,040,745, approximately $407 per square foot. This property was built in 1962. 17 Somerset Place is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Michele DiBenedetto

BHHS FOX & ROACH Brokerage Phone: 908-464-5200 Listed on: 07/14/2021

BHHS FOX & ROACH

Last Buyer's Agent

BERYL BELLS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,875

Year Built

  • Built in 1962

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,875

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • County Name: Union
  • Street Number Display: 17
  • I D: 5084052
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-464-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.20

Lot Info

  • Lot Size: .372 AC
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 30, 2021
Sold by
Sayasith Souksavan and Sayasith Lynn
Bought by
Senapati Avisek and Choudhury Sayoni
Seller's Agent
Michele DiBenedetto
BHHS FOX & ROACH
Buyer's Agent
BERYL BELLS
WEICHERT REALTORS
List Price
$799,000
Sold Price
$836,000
Premium/Discount to List
$37,000
4.63%
Current Estimated Value
$1,040,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,745
Avg. Annual Appreciation
6.51%
Original Mortgage
$627,000
Interest Rate
2.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2004
Sold by
Khuzaim Shakir
Bought by
Sayasith Souksavan and Sayasith Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.89%

Purchase Details

Closed on
Oct 26, 1999
Sold by
Delnero Edward and Delnero Pamela
Bought by
Shakir Khuziam and Shakir Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
7.46%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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
Senapati Avisek $836,000 Fidelity National Ttl Ins Co
Sayasith Souksavan $690,000 --
Shakir Khuziam $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Senapati Avisek $627,000
Previous Owner Sayasith Lynn $418,575
Previous Owner Sayasith Lynn $480,000
Previous Owner Sayasith Lynn $500,000
Previous Owner Sayasith Lynn $37,800
Previous Owner Sayasith Souksavan $552,000
Previous Owner Shakir Khuziam $65,250
Previous Owner Shakir Khuziam $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $836,000 +4.6% $327 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $799,000 -- $312 / Sq Ft
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 $16,875 $399,400 $176,700 $222,700
2023 $16,875 $399,400 $176,700 $222,700
2022 $16,771 $399,400 $176,700 $222,700
2021 $14,996 $359,100 $176,700 $182,400
2020 $15,075 $359,100 $176,700 $182,400
2019 $15,000 $359,100 $176,700 $182,400
2018 $14,687 $359,100 $176,700 $182,400
2017 $14,508 $359,100 $176,700 $182,400
2016 $14,253 $359,100 $176,700 $182,400
2015 $14,174 $359,100 $176,700 $182,400
2014 $13,804 $359,100 $176,700 $182,400
Source: Public Records

Agents Affiliated with this Home

  • Michele DiBenedetto

    Seller's Agent in 2021

    Michele DiBenedetto

    BHHS FOX & ROACH

    (908) 432-5603

    10 in this area

    91 Total Sales

    Michele DiBenedetto
    Section Image

  • B

    Buyer's Agent in 2021

    BERYL BELLS

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3727228

Garden State MLS

APN: 01-04806-0000-00011

New Jersey Union County New Providence 07974

17 Somerset Place, New Providence, NJ

This home is located at 17 Somerset Place, New Providence, NJ 07974 since 14 July 2021 and is currently estimated at $1,040,745, approximately $407 per square foot. This property was built in 1962. 17 Somerset Place is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

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