NOT LISTED FOR SALE

228 Park St Somerset, NJ 08873

Estimated Value: $396,000 - $483,000

3 Beds
1.5 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $407,000

Est. 13% increase in value since last sale

Current estimated payment $3,031/month

8 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Eat-In Kitchen
  • No HOA
  • 1 Car Attached Garage
  • Patio

About This Home

As of July 2022

Why pay the high HOA fee monthly for a townhome or condo when you can own a single family home with a nice and large backyard for outdoor enjoyment!!! Updated split level home, newer eat-in kitchen and bathrooms, freshly painted and wood floor refinished - move-in ready! Newer central A/C and furnace installed 4 years ago. 1-car garage with remote garage opener. Convenient location - close to shops, highways and Rutgers campus!

Last Agent to Sell the Property

Weiming Wong

Keller Williams Realty West Monmouth License #8833175 Listed on: 06/01/2022

Keller Williams Realty West Monmouth

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 132

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking

Home Design

  • Split Level Home
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Den
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00209-0000-00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,051

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Split Level
  • Reso Flooring: Ceramic Tile, Wood
  • Year Built: 1954
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 60 x 132
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Kitchen Floor - Ceramic4: Yes
  • Parking Concrete: Yes
  • Kitchen Eat-In: Yes
  • Style Split Level: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Patio, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60 x 132
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 08-00209-0000-00025

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5051.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 22, 2022
Sold by
Gao Xingtao W and Gao William W
Bought by
Babilonia Juana Del Padilla and Ortega Eleazar Gonzalez
Seller's Agent
Weiming Wong
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$389,000
Sold Price
$407,000
Premium/Discount to List
$18,000
4.63%
Current Estimated Value
$458,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,104
Avg. Annual Appreciation
4.05%
Original Mortgage
$397,172
Outstanding Balance
$382,944
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$75,160

Purchase Details

Closed on
Jan 26, 2018
Sold by
Carrington Mortgage Services Llc
Bought by
Gao Xingtao and Li William W

Purchase Details

Closed on
Dec 5, 2017
Sold by
Provenzano Frank J
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
Beres Mary
Bought by
Thomas Garnett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.27%
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.

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
Babilonia Juana Del Padilla $404,500 Ats Title Agency
Gao Xingtao $132,000 First American Title
Carrington Mortgage Services Llc $1,000 None Available
Thomas Garnett $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babilonia Juana Del Padilla $397,172
Previous Owner Thomas Garnett $47,917
Previous Owner Thomas Garnett $40,613
Previous Owner Thomas Garnett $289,801
Previous Owner Thomas Garnett $285,519
Previous Owner Thomas Garnett $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $407,000 +4.6% --
06/01/2022 06/01/22 For Sale $389,000 -- --
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
2024 $6,013 $330,000 $215,700 $114,300
2023 $6,014 $310,000 $195,700 $114,300
2022 $5,460 $266,600 $165,700 $100,900
2021 $5,051 $226,600 $125,700 $100,900
2020 $4,931 $215,600 $115,700 $99,900
2019 $4,474 $193,000 $95,700 $97,300
2018 $4,520 $193,000 $95,700 $97,300
2017 $4,655 $198,000 $100,700 $97,300
2016 $4,813 $203,000 $105,700 $97,300
2015 $4,498 $191,000 $93,700 $97,300
2014 $4,454 $192,000 $94,700 $97,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22216659

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00209-0000-00025