$339,000
SOLD AUG 15, 2019

25 Lake Ave Somerset, NJ 08873

4 Beds
2 Baths
-- Sq Ft
0.3 Acres

Recently Sold

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Formal Dining Room
  • Deck
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of May 2023

More living space than your average Cape Cod, featuring spacious open living room with fireplace and separate dining room! Well-maintained hardwood floors throughout. Brand new Pinterest-worthy kitchen with granite countertops, stainless steel appliances, and herringbone-style flooring. Two bedrooms complete the first floor. Both bathrooms newly renovated. One bathroom offers free-standing clawfoot tub with custom-top tray, perfect for relaxing with a glass of wine or a book, planked by two upstairs bedrooms. Enjoy the outdoors with your expanded wraparound porch leading to your own secluded backyard.

Last Agent to Sell the Property

KATELYNN FRANZONE

KELLER WILLIAMS REAL ESTATE Listed on: 07/02/2019

Last Buyer's Agent

Alzira Farinhas

RE/MAX INNOVATION

RE/MAX INNOVATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,470

Year Built

  • 1950

Lot Details

  • 0.3 Acre Lot
  • Wooded Lot

Parking

  • Private Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Standard Electricity
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00350-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,470

Year Built

1950

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 25
  • Directions: JFK to Left on Amwell. Left on lake Ave.
  • I D: 4912068
  • Modified: 2021-09-23
  • Number Images: 8
  • First Name: KATELYNN
  • First Name3: ALZIRA
  • Last Name: FRANZONE
  • Last Name3: FARINHAS
  • Office Phone: 609-987-8889
  • Attribution Contact: 609-987-8889
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1950

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Bathroom
  • Other Room4 Level: Second
  • Level 1 Rooms: 2 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 609-987-8889

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Size: 75X175
  • Assessed Improvement Value: 159700
  • Assessed Land Value: 146600
  • Assessment: 306300
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6470
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00350-0000-00007-0000-
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 16, 2019
Sold by
Washburn Andrew and Washburn Lauren
Bought by
Manning Alexander and Manning Laura
Seller's Agent
KATELYNN FRANZONE
KELLER WILLIAMS REAL ESTATE
Buyer's Agent
Alzira Farinhas
RE/MAX INNOVATION
List Price
$339,000
Sold Price
$339,000
Total Days on Market
6
Current Estimated Value
$556,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,314
Avg. Annual Appreciation
8.88%
Original Mortgage
$328,830
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2016
Sold by
Uschmann Richard and Uschmann Elizabeth
Bought by
Washburn Andrew and Washburn Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 24, 2014
Closed on
Sep 23, 2014
Sold by
Central Mortgage Company
Bought by
Uschmann Richard and Uschmann Elizabeth
Seller's Agent
Carl SanFilippo
RE/MAX FIRST REALTY
Buyer's Agent
Patric Santo Pietro
RE/MAX FIRST REALTY II
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
12.66%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Bowser Lindsay R
Bought by
Central Mortgage Co

Purchase Details

Closed on
Aug 3, 2004
Sold by
Tortorelli Daniel
Bought by
Bowser Lindsay R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.02%

Purchase Details

Closed on
Aug 31, 1995
Sold by
Angalet Helen
Bought by
Tortorelli Daniel and Tortorelli Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.8%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $339,000 None Available
Deed $20,000 Foundation Title Llc
Special Warranty Deed $155,000 None Available
Sheriffs Deed $175,000 None Available
Deed $303,000 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,336 New Conventional
Closed $328,830 New Conventional
Previous Owner $25,000 Stand Alone Second
Previous Owner $196,377 FHA
Previous Owner $220,000 No Value Available
Previous Owner $124,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $480,000 0.0% --
04/17/2023 04/17/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $480,000 +41.6% --
08/15/2019 08/15/19 Sold $339,000 0.0% --
07/08/2019 07/08/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $339,000 +118.7% --
09/24/2014 09/24/14 Sold $155,000 -- --
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 $9,183 $504,000 $313,100 $190,900
2023 $8,344 $430,100 $256,600 $173,500
2022 $8,194 $400,100 $226,600 $173,500
2021 $7,496 $336,300 $176,600 $159,700
2020 $7,462 $326,300 $166,600 $159,700
2019 $7,100 $306,300 $146,600 $159,700
2018 $6,471 $276,300 $116,600 $159,700
2017 $6,496 $276,300 $116,600 $159,700
2016 $6,551 $276,300 $116,600 $159,700
2015 $6,507 $276,300 $116,600 $159,700
2014 $6,410 $276,300 $116,600 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3570433

Garden State MLS

APN: 08-00350-0000-00007