NOT LISTED FOR SALE

188 Scobee Ln Somerset, NJ 08873

Estimated Value: $471,000 - $524,000

3 Beds
2.5 Baths
1,385 Sq Ft
$352/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $425,000 $307 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,262/month

Highlights

  • End Unit
  • Tennis Courts
  • 1 Car Attached Garage
  • Granite Countertops
  • Formal Dining Room
  • Patio

About This Home

As of August 2024

Lovely end unit townhouse in the highly desired Quail Brook East Community. Featuring 3 Bedrooms, 2.5 Baths & attached 1 car garage. Recently updated. You'll love the kitchen with white cabinets, granite counter tops, subway tile back splash & stainless steel appliances. Neutral tone paint & carpeting. Beautifully updated dated bath & laundry on the 2nd floor. Plenty of windows allowing an abundance of natural sunlight to flow through. Close to Rutgers, J & J, RWJ, St. Peter's, Colgate, Train Station, Bus, 287 & Major Hwys, shopping, restaurants & much more!

Last Agent to Rent the Property

Cathy Chaudemanche

KELLER WILLIAMS ELITE REALTORS Listed on: 06/24/2024

KELLER WILLIAMS ELITE REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,237

Year Built

  • Built in 1988

Lot Details

  • 3,141 Sq Ft Lot
  • Lot Dimensions are 73.00 x 43.00
  • End Unit

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,385 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include maintenance fee
  • Quail Crest 02 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,237

Year Built

Built in 1988

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0721
  • Lot Size: 73.00 x 43.00
  • Subdivision Name: Quail Crest 02
  • Architectural Style: Townhouse, End Unit
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1988
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Bedroom3 Area: 120
  • Room Kitchen Features: Granite/Corian Countertops, Separate Dining Area
  • Room Bedroom2 Area: 144
  • Room Living Room Area: 225
  • Room Kitchen Area: 108
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 216
  • Room Dining Room Area: 96
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Stove/Oven, Washer/Dryer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, 3 Bedrooms, Bath Full, Bath Main, None
  • Living Area: 1385
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Attached, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Tennis Court(s), Jog/Bike Path
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee, See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Lot Info

  • Lot Size Sq Ft: 3141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Jun 13, 2023
Sold by
Opendoor Property Trust
Bought by
Adjei Alex Kwame and Adjei Sarah Awukubea
Seller's Agent
Yaryna Bogutskiy
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$38,400
Views
61
Current Estimated Value
$487,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,565
Avg. Annual Appreciation
5.06%
Original Mortgage
$318,750
Outstanding Balance
$311,899
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$161,430

Purchase Details

Closed on
Dec 27, 2022
Sold by
Poon Alex and Poon Trina
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Jan 24, 2013
Sold by
Poon Alex and Poon Karen
Bought by
Poon Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,994
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2005
Sold by
Krishnamurthy Sriram
Bought by
Poon Alex and Poon Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.59%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2002
Sold by
Wellmann Gordon
Bought by
Krishnamurthy Sriram and Ganesan Lata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7.01%

Purchase Details

Closed on
Jul 13, 1999
Sold by
Dang Lai
Bought by
Wellman Gordon and Cavalieri Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.49%

Purchase Details

Closed on
Jan 22, 1990
Sold by
Erdely Brian J and Mary Ann
Bought by
Dang Lai H and Hoang,Marie Rose T
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
Adjei Alex Kwame $425,000 Prestige Title
Opendoor Property Trust $361,000 --
Poon Alex -- None Available
Poon Alex $330,000 --
Poon Alex $330,000 None Available
Krishnamurthy Sriram $190,000 --
Wellman Gordon $140,000 --
Dang Lai H $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adjei Alex Kwame $318,750
Previous Owner Poon Alex $292,994
Previous Owner Poon Alex $330,000
Previous Owner Krishnamurthy Sriram $180,500
Previous Owner Wellman Gordon $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $3,250 0.0% --
06/24/2024 06/24/24 For Rent $3,250 -91.5% --
07/15/2023 07/15/23 Rented $38,400 +1100.0% --
06/26/2023 06/26/23 For Rent $3,200 0.0% --
06/20/2023 06/20/23 Sold $425,000 +1.2% --
03/10/2023 03/10/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $420,000 0.0% --
02/17/2023 02/17/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $420,000 -- --
Source: All Jersey 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 $7,237 $398,100 $220,000 $178,100
2023 $6,722 $348,100 $170,000 $178,100
2022 $6,075 $298,100 $120,000 $178,100
2021 $6,160 $278,100 $100,000 $178,100
2020 $6,296 $278,100 $100,000 $178,100
2019 $6,402 $278,100 $100,000 $178,100
2018 $6,024 $259,000 $85,000 $174,000
2017 $5,695 $244,000 $70,000 $174,000
2016 $5,736 $244,000 $70,000 $174,000
2015 $5,697 $244,000 $70,000 $174,000
2014 $5,502 $239,000 $65,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2413653R

All Jersey MLS

APN: 08-00386-17-00188