Seller's Agent in 2017
Carolyn Walsh
WEICHERT REALTORS
(609) 738-7900
10 in this area
34 Total Sales
22 Lake Ave Somerset, NJ 08873
Estimated Value: $366,903 - $606,000
4
Beds
2.5
Baths
--
Sq Ft
0.26
Acres
About This Home
As of August 2017MOVE RIGHT IN!! 2200+ SQFT BI-LEVEL!!! Beautifully renovated 4 bedrooms and 3 bathrooms with living room, fully finished basement and side entrance to a possible in-law suite. The home is newly painted throughout with neutral coloring (2016), newer roof (2008), windows (2008), updated bathrooms (2015), granite kitchen counters (2016), refinished hardwood floors (2016) and deck (2016). Great yard with shed. Close proximity to Rutgers University, train station, highways, restaurants and shopping.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,553
Year Built
- Built in 1960
Lot Details
- 0.26
Home Design
- Bi-Level Home
- Aluminum Siding
Interior Spaces
- Living Room with Fireplace
- Carbon Monoxide Detectors
- Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- 0.26 Acre Lot
- Well
Listing and Financial Details
- Assessor Parcel Number 2708-00351-0000-00021-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2025
Sold by
Mclean Sharese and Mclean Jonathan
Bought by
Wright Latavia and Park Latavia P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,720
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Listed on
Dec 29, 2016
Closed on
Aug 14, 2017
Sold by
Kakar Manu
Bought by
Mcleam Sharese and Wright Latavoia
Seller's Agent
Carolyn Walsh
WEICHERT REALTORS
Buyer's Agent
Nina Jordan
COLDWELL BANKER REALTY
List Price
$364,900
Sold Price
$330,000
Premium/Discount to List
-$34,900
-9.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$324,022
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 19, 2014
Closed on
Sep 18, 2014
Sold by
Barnaby Michael and Barnaby Dionne
Bought by
Kakar Manu
Seller's Agent
Jason Negron
NEXTAGE ALL-STAR REALTY
Buyer's Agent
Jason Negron
NEXTAGE ALL-STAR REALTY
Sold Price
$155,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.54%
Purchase Details
Closed on
Nov 22, 2006
Sold by
Walker Horace
Bought by
Barnaby Michael and Barnaby Dionne
Purchase Details
Closed on
Jun 3, 2004
Sold by
Arinzeh Mabel
Bought by
Walker Horace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,350
Interest Rate
5.99%
Purchase Details
Closed on
Oct 9, 2003
Sold by
Madigan Joleen
Bought by
Arinzeh Julius and Arinzeh Mable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.15%
Purchase Details
Closed on
Apr 17, 1991
Sold by
Madigan Robert H
Bought by
Madigan Joleen
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright Latavia | $367,375 | Westcor Land Title | |
| Wright Latavia | $367,375 | Westcor Land Title | |
| Mcleam Sharese | $330,000 | None Available | |
| Kakar Manu | $155,000 | Title Agency Inc | |
| Barnaby Michael | $385,000 | -- | |
| Walker Horace | $317,000 | -- | |
| Arinzeh Julius | $225,000 | -- | |
| Madigan Joleen | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wright Latavia | $360,720 | |
| Previous Owner | Mcleam Sharese | $324,022 | |
| Previous Owner | Walker Horace | $294,350 | |
| Previous Owner | Arinzeh Julius | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/18/2017 08/18/17 | Sold | $330,000 | -9.6% | -- | |
| 06/12/2017 06/12/17 | Pending | -- | -- | -- | |
| 12/29/2016 12/29/16 | For Sale | $364,900 | +135.4% | -- | |
| 09/19/2014 09/19/14 | Sold | $155,000 | -- | -- | View Prior Sale |
Source: Garden State MLS
Tax History Compared to Growth
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 | $8,602 | $546,300 | $311,300 | $235,000 |
| 2024 | $8,602 | $472,100 | $311,300 | $160,800 |
| 2023 | $8,080 | $416,500 | $255,700 | $160,800 |
| 2022 | $7,916 | $386,500 | $225,700 | $160,800 |
| 2021 | $7,501 | $336,500 | $175,700 | $160,800 |
| 2020 | $7,467 | $326,500 | $165,700 | $160,800 |
| 2019 | $7,105 | $306,500 | $145,700 | $160,800 |
| 2018 | $6,476 | $276,500 | $115,700 | $160,800 |
| 2017 | $5,908 | $251,300 | $115,700 | $135,600 |
| 2016 | $5,958 | $251,300 | $115,700 | $135,600 |
| 2015 | $6,554 | $278,300 | $115,700 | $162,600 |
| 2014 | -- | $278,300 | $115,700 | $162,600 |
Source: Public Records
Agents Affiliated with this Home
-
Carolyn Walsh
-
Nina Jordan
Buyer's Agent in 2017
Nina Jordan
COLDWELL BANKER REALTY
(732) 331-5389
21 in this area
50 Total Sales
-
Jason Negron
J
Seller's Agent in 2014
Jason Negron
NEXTAGE ALL-STAR REALTY
(732) 750-7900
17 Total Sales
Map
Source: Garden State MLS
MLS Number: 3355172
APN: 08-00351-0000-00021
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