NOT LISTED FOR SALE

Estimated Value: $887,000 - $1,024,000

5 Beds
3 Baths
-- Sq Ft
0.77 Acres

Last Sold July 14, 2023

Last sale price $775,000

Est. 22% increase in value since last sale

Current estimated payment $6,547/month

6 Days on Market

About This Home

As of July 2023

This home is located at 18 Bering Way, Somerset, NJ 08873 since 19 May 2023 and is currently estimated at $948,977. This property was built in 1997. 18 Bering Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Thomas Edison EnergySmart Charter School.

Last Listed By

Mark S. Heflin

RE/MAX PREFERRED PROFESSIONALS Brokerage Phone: 908-685-0700 Listed on: 05/19/2023

RE/MAX PREFERRED PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,819

Year Built

  • Built in 1997

Lot Details

  • 0.77 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,819

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • County Name: Somerset
  • Street Number Display: 18
  • I D: 5222062
  • Modified: 2024-07-15
  • Number Images: 41
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 176X200 .766 ACRES
  • Total Acres: 0.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 5, 2023
Sold by
Krassowski Andrew and Krassowski Geralyn
Bought by
Patel Jay N and Patel Kirali J
Seller's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
ROBERT YOSON
EXP REALTY, LLC
List Price
$749,800
Sold Price
$775,000
Premium/Discount to List
$25,200
3.36%
Total Days on Market
6
Views
48
Current Estimated Value
$948,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,977
Avg. Annual Appreciation
11.50%
Original Mortgage
$617,600
Outstanding Balance
$605,694
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$343,284

Purchase Details

Listed on
Oct 17, 2014
Closed on
Oct 10, 2014
Sold by
Ploch Gary A and Ploch Susan M
Bought by
Krassowski Andrew and Krassowski Geralyn
Seller's Agent
LOUIS G. BARROOD
BARROOD REAL ESTATE
Buyer's Agent
MARLENE GINSBERG
COLDWELL BANKER REALTY
Sold Price
$519,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$404,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 28, 1997
Sold by
Sunrise Comm Ii
Bought by
Ploch Gary and Ploch Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.31%

Range of Values:

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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
Patel Jay N $772,000 None Listed On Document
Krassowski Andrew $505,000 Nrt Title Agency Llc
Ploch Gary $282,751 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jay N $617,600
Previous Owner Krassowski Andrew $404,000
Previous Owner Ploch Gary A $400,000
Previous Owner Ploch Gary A $145,000
Previous Owner Ploch Gary $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $775,000 +3.4% --
05/25/2023 05/25/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $749,800 +44.2% --
10/17/2014 10/17/14 Sold $519,900 -- --
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
2024 $14,819 $815,100 $457,000 $358,100
2023 $14,440 $747,800 $391,000 $356,800
2022 $13,671 $670,800 $314,000 $356,800
2021 $13,153 $593,800 $237,000 $356,800
2020 $12,946 $571,800 $215,000 $356,800
2019 $13,163 $571,800 $215,000 $356,800
2018 $13,044 $560,800 $204,000 $356,800
2017 $12,576 $538,800 $182,000 $356,800
2016 $12,667 $538,800 $182,000 $356,800
2015 $12,784 $546,000 $193,000 $353,000
2014 -- $528,400 $175,400 $353,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3844713

Garden State MLS

APN: 08-00059-01-00086