NOT LISTED FOR SALE

186 W Summit St Unit A Somerville, NJ 08876

Estimated Value: $565,000 - $676,000

2 Beds
2 Baths
1,100 Sq Ft
$579/Sq Ft Est. Value

About This Home

This home is located at 186 W Summit St Unit A, Somerville, NJ 08876 and is currently estimated at $636,702, approximately $578 per square foot. 186 W Summit St Unit A is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2006
Sold by
Balsamo Stephen
Bought by
Singh Sarvjit
Current Estimated Value
$636,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.59%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Miller Thomas
Bought by
Bieran Ralph and Beiran Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,895
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2000
Sold by
Ryan James
Bought by
Balsamo Stephen and Balsamo Norine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.21%

Purchase Details

Closed on
Oct 4, 1989
Sold by
Carretta Jr Robert J
Bought by
Ryan James J and Ryan Marlene
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Singh Sarvjit $435,000 --
Bieran Ralph $199,000 --
Balsamo Stephen $160,000 --
Ryan James J $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Sarvjit $242,000
Closed Singh Sarvjit $319,652
Closed Singh Sarvjit $348,000
Previous Owner Balsamo Stephen $74,500
Previous Owner Bieran Ralph $195,895
Previous Owner Balsamo Stephen $160,000
Source: Public Records

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 $12,045 $304,700 $124,100 $180,600
2023 $11,768 $304,700 $124,100 $180,600
2022 $11,460 $304,700 $124,100 $180,600
2021 $11,387 $304,700 $124,100 $180,600
2020 $11,152 $304,700 $124,100 $180,600
2019 $11,076 $304,700 $124,100 $180,600
2018 $10,957 $304,700 $124,100 $180,600
2017 $10,732 $304,700 $124,100 $180,600
2016 $10,296 $304,700 $124,100 $180,600
2015 $10,159 $304,700 $124,100 $180,600
2014 $9,997 $304,700 $124,100 $180,600
Source: Public Records

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