NOT LISTED FOR SALE

2 Cheddar Place Somerset, NJ 08873

Estimated Value: $735,000 - $782,302

4 Beds
2.5 Baths
2,400 Sq Ft
$319/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $425,000 $177 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,920/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • Corner Lot
  • Den

About This Home

As of February 2020

Move-in ready. Most rooms have new carpeting and recently painted. Deck has been sanded and stained and has gas line for future BBQ. Landscaping has also been updated. Agent is related to owner

Last Agent to Sell the Property

Raymond Melhorn

Childers Sotheby's Intl Realty License #0898331 Listed on: 12/13/2019

Childers Sotheby's Intl Realty

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,177

Year Built

  • Built in 1986

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 115 x 135
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Door Entry
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Sampson G. Smith Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Quailbrook Subdivision

Listing and Financial Details

  • Exclusions: Furniture is negotiable
  • Assessor Parcel Number 08-00424-10-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,177

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator, Garbage Disposal, Garage Door Opener, Gas Cooking
  • Subdivision Name: Quailbrook
  • Architectural Style: Colonial
  • Year Built: 1986
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.36
  • General Property Info Lot Dimensions: 115 x 135
  • Location Middle School: Sampson G. Smith
  • Lot Description Corner Lot: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Water Heater Tank: Yes
  • Included Garbage Disposal: Yes
  • Foyer Double Door Entry: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.36
  • Waterfront: No
  • Exclusions: Furniture is negotiable
  • Exterior Features: Deck, Sprinkler Under, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Lot Dimensions: 115 x 135
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 08-00424-10-00010

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10177.0

MLS Schools

  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Feb 14, 2020
Sold by
Melhom Karen D and Melhom Raymond W
Bought by
Bremer Kristopher J and Bremer Andrea M
Seller's Agent
Raymond Melhorn
Childers Sotheby's Intl Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$425,000
Current Estimated Value
$765,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,576
Avg. Annual Appreciation
10.90%
Original Mortgage
$410,815
Outstanding Balance
$363,748
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$401,828
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
Bremer Kristopher J $425,000 Suburban Title Examiners Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bremer Kristopher J $410,815
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2020 02/19/20 Sold $425,000 -- $177 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,855 $790,000 $415,700 $374,300
2024 $10,855 $597,100 $315,700 $281,400
2023 $10,565 $547,100 $265,700 $281,400
2022 $10,131 $497,100 $215,700 $281,400
2021 $10,009 $452,100 $170,700 $281,400
2020 $10,009 $442,100 $160,700 $281,400
2019 $10,177 $442,100 $160,700 $281,400
2018 $9,585 $412,100 $130,700 $281,400
2017 $9,618 $412,100 $130,700 $281,400
2016 $9,688 $412,100 $130,700 $281,400
2015 $9,623 $412,100 $130,700 $281,400
2014 $9,487 $412,100 $130,700 $281,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21948210

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00424-10-00010