NOT LISTED FOR SALE

25 Franklin Blvd Somerset, NJ 08873

Estimated Value: $441,000 - $484,000

3 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $290,000

Est. 60% increase in value since last sale

Current estimated payment $3,021/month

23 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Formal Dining Room
  • Wood Flooring
  • Sun or Florida Room
  • 1 Car Detached Garage

About This Home

As of October 2020

Very low taxed Colonial has - Kitchen, Dining, Living and Enclosed (heated porch): 3 bedrooms, 2 baths, Full basement with outside access and natural lighting: Walk-up to attic using builtin, customized ladder - it's huge. Most of what is outside can be seen in the pictures. Inside there are still a few yard sale items stacked in corners; the stair lift has not been been dismantled: and the carpet has been rolled back to show the original hardwood floors; there's wood doors and railings, and so much more that preserves inside character... Truly worth the consideration. (This is an AS IS sale) .

Last Agent to Sell the Property

Cleo Willis

BORAIE REALTY, LLC Listed on: 08/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 1930

Lot Details

  • 5,009

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen, Separate Dining Area
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Accessibility Features: Modified/Accessibility Features
  • Has Basement: Partially Finished, Bath Full, Other Room(s), Recreation Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl-Linoleum, Wood
  • Interior Amenities: Kitchen, Living Room, Dining Room, Florida Room, 3 Bedrooms, Bath Main, Attic
  • Stories: 2

Exterior Features

  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Asphalt, Garage, Oversized, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Tax Info

  • Tax Annual Amount: 4888
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 30, 2020
Sold by
Rimek Edelgard and Prinz Edelgard
Bought by
Cruz Reina Nieto
Seller's Agent
Cleo Willis
BORAIE REALTY, LLC
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$463,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,062
Avg. Annual Appreciation
9.92%
Original Mortgage
$232,000
Outstanding Balance
$205,975
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$257,087

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 21, 2020
Sold by
Prinz Edelgard and Rimek Edelgard
Bought by
Cruz Reina Nieto
Seller's Agent
Cleo Willis
BORAIE REALTY, LLC
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$205,975
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$257,087
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
Cruz Reina Nieto $290,000 Surety Title
Nieto Cruz Reina $290,000 Surety Title
Cruz Reina Nieto $290,000 Surety Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Reina Nieto $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $290,000 0.0% --
09/23/2020 09/23/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $290,000 -- --
Source: All Jersey 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 $6,669 $426,600 $234,600 $192,000
2024 $6,669 $366,000 $234,600 $131,400
2023 $6,571 $338,700 $207,300 $131,400
2022 $6,199 $302,700 $171,300 $131,400
2021 $5,945 $266,700 $135,300 $131,400
2020 $5,029 $219,900 $112,800 $107,100
2019 $4,889 $210,900 $103,800 $107,100
2018 $4,939 $210,900 $103,800 $107,100
2017 $4,958 $210,900 $103,800 $107,100
2016 $5,128 $216,300 $103,800 $112,500
2015 $5,094 $216,300 $103,800 $112,500
2014 $5,018 $216,300 $103,800 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2104093

All Jersey MLS

APN: 08-00252-0000-00024