NOT LISTED FOR SALE

2 Somerton Square Medford, NJ 08055

Estimated Value: $1,054,000 - $1,135,898

5 Beds
4.5 Baths
3,580 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $995,000 $278 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,416/month

6 Days on Market

Highlights

  • In Ground Pool
  • 1.36 Acre Lot
  • 1 Fireplace
  • Haines Memorial 6th Grade Center Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of October 2022

Welcome to 2 Somerton Square situated on a private corner lot of a secluded cul de sac in the back of the desirable neighborhood of Highbridge! Upon arrival you are greeted by the governors driveway and beautiful mature landscaping that wonderfully compliments the exterior of this home. This meticulously maintained, custom built, Steliga home will continue you to impress you throughout your tour. The dramatic 2 story foyer flows from the front of the house through to the family room. Dark stained hardwood floors are featured into the fully updated kitchen. The designer chef's kitchen recently went through a full upgrade/reconfiguration and not an expense was spared. The kitchen features two-tone recessed shaker cabinetry, custom range hood, custom trim, subway tile backsplash, WOLF range, KitchenAid Refrigerator/Microwave/Wall Oven/Dishwasher, beautiful pendant lighting and kettle faucet. The kitchen looks into the sun-filled two story family room with gas fireplace. Off of the family room is the office/study. Up the quarter turn stairs and down the hall is the very large primary suite. The primary suite features a tray ceiling, updated shower and large walk-in closet. Next to the primary bedroom is the princess suite with en suite bathroom. Down the hall are two additional sizable bedrooms and an updated full bathroom. The fully finished basement was recently completed! Currently set up as a in-home yoga studio and in-law suite, the basement features tall ceilings, egress day-light windows, kitchenette with white shaker cabinetry and quartz top, shiplap accent wall with electric heat producing fireplace, bedroom and designer full bathroom. The spaces are separated by a beautiful barn door accent. This house is truly an entertainers delight and that continues through to the backyard. The custom saltwater pool with 4' shallow end is heated and has a brand new liner. Enjoy entertaining throughout the warmer months on the deck overlooking the beautiful landscaping and serene woods of the Wharton State Forest. Book your appointment today!

Last Agent to Sell the Property

Brian Dowell

(609) 560-2828 briandowell5@gmail.com Compass New Jersey, LLC - Haddon Township Listed on: 09/06/2022

Compass New Jersey, LLC - Haddon Township

Last Buyer's Agent

Janice Wescott

(609) 206-9910 janicewescott@comcast.net Weichert Realtors-Turnersville License #1328093

Weichert Realtors-Turnersville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,682

Year Built

  • Built in 2004

Lot Details

  • 1.36 Acre Lot
  • Property is zoned RGD1

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,580 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Finished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

Pool

  • In Ground Pool
  • Saltwater Pool

Schools

  • Taunton Forge Elementary School
  • Medford Twp Memorial Middle School
  • Shawnee High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Built by Steliga
  • Highbridge Subdivision, The Gladwyn Floorplan

Listing and Financial Details

  • Tax Lot 00064
  • Assessor Parcel Number 20-06501 02-00064

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,682

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Basement refrigerator negotiable
  • Inclusions: Washer/Dryer/Refrigerator in Kitchen/Light Fixtures/ Window Treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Office
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished
  • Total Sq Ft: 3580
  • Living Area Sq Ft: 3580
  • Price Per Sq Ft: 277.93
  • Above Grade Finished Sq Ft: 3580
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground, Saltwater
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TAUNTON FORGE
  • High School: SHAWNEE
  • Middle Or Junior School: MEDFORD TWP MEMORIAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 395800.00
  • Land Assessed Value: 151300.00
  • Lot Size Acres: 1.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 59181.00
  • Zoning: RGD1

Building Info

  • Builder Name: Steliga

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1679827
  • Tax Annual Amount: 17682.00
  • Assessor Parcel Number: 20-06501 02-00064
  • Tax Lot: 00064
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 19, 2022
Sold by
Papasso Joseph and Papasso Laura
Bought by
Novak April M
Seller's Agent
Brian Dowell
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Janice Wescott
Weichert Realtors-Turnersville
List Price
$995,000
Sold Price
$995,000
Views
16
Current Estimated Value
$1,089,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,966
Avg. Annual Appreciation
2.96%
Original Mortgage
$796,000
Outstanding Balance
$769,330
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$320,636

Purchase Details

Closed on
Jun 30, 2004
Sold by
Steliga Homes Of Medford Llc
Bought by
Papasso Joseph and Papasso Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Novak April M $995,000 Fidelity National Title
Papasso Joseph $586,900 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak April M $796,000
Previous Owner Papasso Joseph $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $995,000 0.0% $278 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $995,000 -- $278 / Sq Ft
Source: Bright 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 $20,123 $567,000 $151,300 $415,700
2024 $18,153 $567,000 $151,300 $415,700
2023 $18,153 $547,100 $151,300 $395,800
2022 $17,781 $547,100 $151,300 $395,800
2021 $17,682 $526,000 $151,300 $374,700
2020 $16,895 $526,000 $151,300 $374,700
2019 $16,669 $526,000 $151,300 $374,700
2018 $16,438 $526,000 $151,300 $374,700
2017 $16,322 $526,000 $151,300 $374,700
2016 $16,264 $526,000 $151,300 $374,700
2015 $16,022 $526,000 $151,300 $374,700
2014 $15,533 $526,000 $151,300 $374,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJBL2033328

Bright MLS

APN: 20-06501-02-00064