NOT LISTED FOR SALE

246 Park St Somerset, NJ 08873

Estimated Value: $355,000 - $554,000

3 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold October 27, 2015

Last sale price $180,000

Est. 143% increase in value since last sale

Current estimated payment $2,896/month

About This Home

As of October 2015

This home is located at 246 Park St, Somerset, NJ 08873 since 27 October 2015 and is currently estimated at $443,846. This property was built in 1955. 246 Park St is a home located in Somerset County with nearby schools including Franklin High School.

Last Agent to Sell the Property

ANTOINE CHEDID

C-21 BARROOD, REALTORS Brokerage Phone: 732-297-7900 Listed on: 10/27/2015

Last Buyer's Agent

Mary Van Ness

AARE

AARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,747

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,747

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Somerset
  • Street Number Display: 246
  • I D: 4517809
  • Modified: 2016-10-28
  • Number Images: 0
  • Attribution Contact: 732-297-7900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 100X107
  • Total Acres: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Oct 13, 2015
Sold by
Mb Properties Nj 12 Llc
Bought by
Cudjoe Gustavus and Cudjoe Sally Ann
Seller's Agent
ANTOINE CHEDID
C-21 BARROOD, REALTORS
Buyer's Agent
Mary Van Ness
AARE
Sold Price
$180,000
Current Estimated Value
$437,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,681
Avg. Annual Appreciation
8.81%
Original Mortgage
$176,739
Outstanding Balance
$140,902
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$270,300

Purchase Details

Closed on
Jun 1, 2015
Sold by
Barham Graylin and Middleton Desiree
Bought by
Mp Properties Nj 12 Llc

Purchase Details

Closed on
Nov 19, 2014
Sold by
First Baptist Community Development Corp
Bought by
Mb Properties Nj Llc

Purchase Details

Closed on
Mar 24, 2009
Sold by
Hemingway Toby and Hemingway Richard
Bought by
First Baptist Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,759
Interest Rate
4.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 9, 1992
Sold by
Mayer Richard C and Mayer Angela
Bought by
Hemingway Buster and Hemingway Richard
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cudjoe Gustavus $180,000 Attorney
Mp Properties Nj 12 Llc $1,000 Attorney
Mb Properties Nj Llc $10,000 Attorney
First Baptist Community Development Corp $214,000 New Jersey Title Insurance C
Hemingway Buster $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cudjoe Sally-Ann $105,000
Closed Cudjoe Gustavus $17,000
Open Cudjoe Gustavus $176,739
Previous Owner Central Jersey Community Development Cor $16,448
Previous Owner Central Jersey Community Development Cor $47,759
Previous Owner First Baptist Community Development Corp $187,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2015 10/27/15 Sold $180,000 -- --
Source: Garden State 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 $5,747 $315,400 $221,800 $93,600
2023 $5,731 $295,400 $201,800 $93,600
2022 $5,435 $265,400 $171,800 $93,600
2021 $5,024 $225,400 $131,800 $93,600
2020 $4,926 $215,400 $121,800 $93,600
2019 $4,529 $195,400 $101,800 $93,600
2018 $4,576 $195,400 $101,800 $93,600
2017 $4,711 $200,400 $106,800 $93,600
2016 $4,870 $205,400 $111,800 $93,600
2015 $4,555 $193,400 $99,800 $93,600
2014 $4,510 $194,400 $100,800 $93,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    ANTOINE CHEDID

    C-21 BARROOD, REALTORS

  • Mary Van Ness

    Buyer's Agent in 2015

    Mary Van Ness

    AARE

    (732) 207-7515

    9 in this area

    29 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3206697

Garden State MLS

APN: 08-00210-0000-00001

New Jersey Somerset County Somerset 08873

246 Park St, Somerset, NJ

This home is located at 246 Park St, Somerset, NJ 08873 since 27 October 2015 and is currently estimated at $443,846. This property was built in 1955. 246 Park St is a home located in Somerset County with nearby schools including Franklin High School.

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