$538,000
SOLD DEC 2, 2024

254 Luton Way Somerset, NJ 08873

3 Beds
3 Baths
-- Sq Ft
2,178 Sq Ft Lot

Recently Sold

2% Above List Price

13 Days on Market

About This Home

As of December 2024

This home is located at 254 Luton Way, Somerset, NJ 08873 and is currently priced at $538,000. This property was built in 1988. 254 Luton Way is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

Last Agent to Sell the Property

Tina Chen

COLDWELL BANKER REALTY Brokerage Phone: 732-469-1515 Listed on: 10/17/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

YU-CHIH CHIAO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,770

Year Built

  • Built in 1988

Lot Details

  • 2,178 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,770

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • County Name: Somerset
  • Street Number Display: 254
  • I D: 5316245
  • Modified: 2024-12-02
  • Attribution Contact: 732-469-1515
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 28X72
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Nov 19, 2024
Sold by
Lu Rui and Cao Yi
Bought by
Lin Fengyong and Lu Guanglan
Seller's Agent
Tina Chen
COLDWELL BANKER REALTY
Buyer's Agent
YU-CHIH CHIAO
COLDWELL BANKER REALTY
List Price
$525,000
Sold Price
$538,000
Premium/Discount to List
$13,000
2.48%
Views
33
Current Estimated Value
$542,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,280
Avg. Annual Appreciation
0.07%

Purchase Details

Listed on
Sep 5, 2018
Closed on
Nov 3, 2018
Sold by
Wang Yi Lan
Bought by
Lu Rui and Cao Yi
Seller's Agent
Ivy Wen
BHHS Fox & Roach - Princeton
Buyer's Agent
Tina Chen
Coldwell Banker Residential Brokerage-Hillsborough
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$246,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2016
Sold by
Wang Yi Lan and Liu Shih Kwang
Bought by
Wang Yi Lan

Purchase Details

Listed on
May 13, 2013
Closed on
Apr 3, 2013
Sold by
Weisser Eric M and Kellam Suzanne
Bought by
Wang Yi Lan and Liu Shih Kwang
Seller's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
HSIU SHERRY SHEN
DYNASTY AGENCY LLC.
Sold Price
$285,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$228,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
Sold by
Nguyen Kimduc
Bought by
Weisser Eric and Kellam Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
7.05%

Purchase Details

Closed on
Jun 26, 1992
Sold by
Huyn Hai Truong and Huyn Nguyen,Kimduc
Bought by
Nguyen Kimduc

Purchase Details

Closed on
Nov 30, 1988
Sold by
Calton Homes At Quailbrook Vii Inc
Bought by
Huynh Hai Truong and Kimduc Nguyen
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 $538,000 Old Republic National Title In
Deed $538,000 Old Republic National Title In
Deed $329,000 Old Republic Natl Title Isn
Deed $33,000 None Available
Deed $285,500 Old Republic National Title
Deed $193,000 --
Quit Claim Deed -- --
Deed $171,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,700 New Conventional
Previous Owner $246,750 New Conventional
Previous Owner $228,000 New Conventional
Previous Owner $154,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $538,000 +2.5% --
10/30/2024 10/30/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $525,000 +59.6% --
11/28/2018 11/28/18 Sold $329,000 0.0% $198 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $329,000 +15.2% $198 / Sq Ft
05/13/2013 05/13/13 Sold $285,500 -- --
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 $7,770 $427,400 $230,000 $197,400
2023 $7,481 $387,400 $190,000 $197,400
2022 $7,080 $347,400 $150,000 $197,400
2021 $6,809 $307,400 $110,000 $197,400
2020 $6,960 $307,400 $110,000 $197,400
2019 $6,846 $297,400 $100,000 $197,400
2018 $6,822 $293,300 $100,000 $193,300
2017 $6,612 $283,300 $90,000 $193,300
2016 $6,543 $278,300 $85,000 $193,300
2015 $6,617 $283,400 $85,000 $198,400
2014 $6,505 $282,600 $85,000 $197,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3929849

Garden State MLS

APN: 08-00424-08-00254