NOT LISTED FOR SALE

231 Somerset St Gloucester City, NJ 08030

Estimated Value: $176,000 - $250,000

2 Beds
2 Baths
912 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $203,500 $223 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,489/month

2 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Bonus Room
  • Breakfast Area or Nook
  • En-Suite Primary Bedroom

About This Home

As of May 2023

This charming 2 bedroom, 2 bathroom home is the perfect place to call home! Enjoy the beautiful hardwood floors as you walk throughout the house. Both bedrooms are generously sized and have ample closet space. The main level has a nicely sized living room, one bedroom, a full bathroom, and a bonus room. Walk up the winding stairs to the second floor and you will find the master bedroom with exposed beams, cathedral ceilings, master closet and a loft, also the second full bathroom. The lower level has your updated kitchen, breakfast area, and washer/dryer. Spend your evenings relaxing in the backyard, or take a short walk to the river. With easy access to main roads and highways, you can explore the city with ease. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Thomas Bottley

TNB Realty, LLC. Listed on: 03/17/2023

Last Buyer's Agent

Cheryl Poeder

Century 21 Action Plus Realty - Cream Ridge

Century 21 Action Plus Realty - Cream Ridge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1890

Lot Details

  • 1,041 Sq Ft Lot
  • Lot Dimensions are 13.00 x 80.00

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 912 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Bonus Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 14-00050-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Home Warranty: No
  • Inclusions: Washer/Dryer, Kitchen Appliances
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-03-17
  • Federal Flood Zone: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: This charming 2 bedroom, 2 bathroom home is the perfect place to call home! Enjoy the beautiful hardwood floors as you walk throughout the house. Both bedrooms are generously sized and have ample closet space. The main level has a nicely sized living room, one bedroom, a full bathroom, and a bonus room. Walk up the winding stairs to the second floor and you will find the master bedroom with exposed beams, cathedral ceilings, master closet and a loft, also the second full bathroom. The lower level has your updated kitchen, breakfast area, and washer/dryer. Spend your evenings relaxing in the backyard, or take a short walk to the river. With easy access to main roads and highways, you can explore the city with ease. Don't miss out on this amazing opportunity!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Gas, Washer, Dryer
  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 1, Bathroom 2, Bonus Room
  • Basement: Yes
  • Laundry Type: Lower Floor
  • Total Sq Ft: 912
  • Living Area Sq Ft: 912
  • Price Per Sq Ft: 191.89
  • Above Grade Finished Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 231

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45000.00
  • Land Assessed Value: 19800.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 13.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1041.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1851649
  • Tax Annual Amount: 3048.00
  • Assessor Parcel Number: 14-00050-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 912
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/08/2023

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 2, 2023
Sold by
Thomasson Jacquelyn R
Bought by
Gensey Lauren
Seller's Agent
Thomas Bottley
TNB Realty, LLC.
Buyer's Agent
Cheryl Poeder
Century 21 Action Plus Realty - Cream Ridge
List Price
$175,000
Sold Price
$203,500
Premium/Discount to List
$28,500
16.29%
Views
106
Current Estimated Value
$220,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,231
Avg. Annual Appreciation
3.96%
Original Mortgage
$10,000
Interest Rate
6.43%

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 16, 2020
Sold by
Hartman Aaron
Bought by
Thomasson Jacquelyn R
Seller's Agent
Christopher Sooy
EXP Realty, LLC
Buyer's Agent
Jessica Thomasson
TNB Realty, LLC.
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.93%
Original Mortgage
$108,007
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 2, 2018
Sold by
Tyler Jospeh and Tyler Ann
Bought by
Hartman Aaron
Seller's Agent
Frank Grisolia
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Bill Souders
BHHS Fox & Roach - Haddonfield
List Price
$47,000
Sold Price
$49,000
Premium/Discount to List
$2,000
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.07%
Original Mortgage
$39,200
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2008
Sold by
Putz Joseph T and Tyler Joseph
Bought by
Tyler Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,454
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2003
Sold by
12 N King Associates
Bought by
Putz Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,121
Interest Rate
5.64%
Mortgage Type
FHA
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
Gensey Lauren $203,500 Group 21 Title
Thomasson Jacquelyn R $110,000 Surety Title Company
Hartman Aaron $49,000 None Available
Tyler Joseph -- --
Putz Joseph T $54,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gensey Lauren $10,000
Open Gensey Lauren $196,377
Previous Owner Thomasson Jacquelyn R $108,007
Previous Owner Hartman Aaron $39,200
Previous Owner Hartman Aaron $39,200
Previous Owner Tyler Joseph $60,500
Previous Owner Tyler Joseph $60,454
Previous Owner Putz Joseph T $54,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $203,500 +16.3% $223 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $175,000 +59.1% $192 / Sq Ft
10/09/2020 10/09/20 Sold $110,000 -4.3% $121 / Sq Ft
08/28/2020 08/28/20 For Sale $115,000 +134.7% $126 / Sq Ft
01/30/2018 01/30/18 Sold $49,000 +4.3% $54 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $47,000 -- $52 / 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
2024 $3,243 $81,700 $19,800 $86,900
2023 $3,243 $64,800 $19,800 $45,000
2022 $3,049 $64,800 $19,800 $45,000
2021 $3,018 $64,800 $19,800 $45,000
2020 $2,915 $64,800 $19,800 $45,000
2019 $2,855 $64,800 $19,800 $45,000
2018 $2,799 $64,800 $19,800 $45,000
2017 $2,742 $64,800 $19,800 $45,000
2016 $2,638 $64,800 $19,800 $45,000
2015 $2,376 $64,800 $19,800 $45,000
2014 $2,392 $45,600 $7,100 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2043716

Bright MLS

APN: 14-00050-0000-00011