NOT LISTED FOR SALE

173 Minetta Rd Somerset, NJ 08873

Estimated Value: $435,889 - $472,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 26, 2017

Last sale price $277,000

Est. 65% increase in value since last sale

Current estimated payment $2,874/month

96 Days on Market

About This Home

As of May 2017

This home is located at 173 Minetta Rd, Somerset, NJ 08873 since 14 January 2017 and is currently estimated at $455,722. This property was built in 1940. 173 Minetta Rd is a home located in Somerset County with nearby schools including Franklin High School.

Last Agent to Sell the Property

Amanda Howard

BHHS FOX & ROACH Brokerage Phone: 908-874-3400 Listed on: 01/14/2017

BHHS FOX & ROACH

Last Buyer's Agent

THOMAS CARROLL

DAVIS REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,599

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Somerset
  • I D: 4682373
  • Attribution Contact: 908-874-3400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100 AVG
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2017
Closed on
May 26, 2017
Sold by
Cotten Derek and Cotten Tywanna
Bought by
Owusu Belinda
Seller's Agent
Amanda Howard
BHHS FOX & ROACH
Buyer's Agent
THOMAS CARROLL
DAVIS REALTORS
List Price
$299,900
Sold Price
$277,000
Premium/Discount to List
-$22,900
-7.64%
Current Estimated Value
$455,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,722
Avg. Annual Appreciation
6.02%
Original Mortgage
$271,982
Outstanding Balance
$227,643
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$228,079

Purchase Details

Closed on
Dec 11, 2014
Sold by
Cotton Property Restoration Llc
Bought by
Cotten Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Listed on
May 3, 2013
Closed on
May 2, 2013
Sold by
Wells Fargo Bank Na
Bought by
Cotton Property Restoration Llc
Seller's Agent
Steve Crivello
CRS AGENCY ELITE LLC
Buyer's Agent
Goran Koroskoski
CRS AGENCY ELITE LLC
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Original Mortgage
$130,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2012
Sold by
Coker Okanlawon
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jan 17, 2006
Sold by
Madera Roberty
Bought by
Coker Okanlawon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
6.34%

Purchase Details

Closed on
May 19, 2004
Sold by
Madera Roberty
Bought by
Madera Roberty and Madera Dulce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.3%

Purchase Details

Closed on
Jan 28, 2003
Sold by
Hicks Stella
Bought by
Madera Roberty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
6.09%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Secretury Of Housing
Bought by
Hicks Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 1991
Sold by
Allen Eric R
Bought by
Aragona Anthony J

Purchase Details

Closed on
May 21, 1991
Sold by
Williams Lucille
Bought by
Allen Eric R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Owusu Belinda $277,000 None Available
Cotten Derek $147,036 Attorney
Cotton Property Restoration Llc $80,000 None Available
Gmac Mortgage Llc $376,547 None Available
Coker Okanlawon $348,000 --
Madera Roberty -- --
Madera Roberty $264,000 --
Hicks Stella $57,100 --
Aragona Anthony J $145,000 --
Allen Eric R $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owusu Belinda $271,982
Previous Owner Cotten Derek $169,500
Previous Owner Cotton Property Restoration Llc $130,000
Previous Owner Coker Okanlawon $278,400
Previous Owner Madera Roberty $250,000
Previous Owner Madera Roberty $250,800
Previous Owner Hicks Stella $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2017 05/26/17 Sold $277,000 -7.6% --
04/20/2017 04/20/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $299,900 +274.9% --
05/03/2013 05/03/13 Sold $80,000 -- -- View Prior Sale
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 $5,599 $352,400 $209,600 $142,800
2024 $5,599 $307,300 $209,600 $97,700
2023 $5,574 $287,300 $189,600 $97,700
2022 $5,884 $287,300 $189,600 $97,700
2021 $5,512 $247,300 $149,600 $97,700
2020 $5,084 $222,300 $124,600 $97,700
2019 $4,921 $212,300 $114,600 $97,700
2018 $5,323 $227,300 $129,600 $97,700
2017 $5,344 $227,300 $129,600 $97,700
2016 $5,389 $227,300 $129,600 $97,700
2015 $5,334 $226,500 $129,600 $96,900
2014 $5,255 $226,500 $129,600 $96,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Amanda Howard

    BHHS FOX & ROACH

    (973) 563-6146

    21 Total Sales

    Amanda Howard
    Section Image

  • T

    Buyer's Agent in 2017

    THOMAS CARROLL

    DAVIS REALTORS

  • S

    Seller's Agent in 2013

    Steve Crivello

    CRS AGENCY ELITE LLC

    (908) 300-0973

    Steve Crivello
    Section Image
  • Goran Koroskoski

    Buyer's Agent in 2013

    Goran Koroskoski

    CRS AGENCY ELITE LLC

    (973) 460-9800

    17 Total Sales

    Goran Koroskoski
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3358803

Garden State MLS

APN: 08-00142-0000-00045

New Jersey Somerset County Somerset 08873

173 Minetta Rd, Somerset, NJ

Not Listed for Sale

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