257 Luton Way Somerset, NJ 08873
Estimated Value: $485,303 - $546,000
--
Bed
--
Bath
1,698
Sq Ft
$310/Sq Ft
Est. Value
About This Home
This home is located at 257 Luton Way, Somerset, NJ 08873 and is currently estimated at $526,326, approximately $309 per square foot. 257 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 26, 2003
Sold by
Malhan Surindar
Bought by
Farrell Hope
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$135,321
Interest Rate
6.43%
Estimated Equity
$389,591
Purchase Details
Closed on
Aug 10, 1998
Sold by
Ghajar Mina
Bought by
Malhan Surindar and Chandarana Rekha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.86%
Purchase Details
Closed on
Jan 27, 1994
Sold by
White Edward
Bought by
Mirmajlesi Seyed and Ghajar Mina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.18%
Purchase Details
Closed on
Jul 29, 1988
Sold by
Calton Homes At Quailbrook Vii Inc
Bought by
White Edward T and White Pamela S
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Farrell Hope | $275,000 | -- | |
Malhan Surindar | $159,000 | -- | |
Mirmajlesi Seyed | $147,000 | -- | |
White Edward T | $180,100 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Farrell Hope | $275,000 | |
Previous Owner | Malhan Surindar | $127,200 | |
Previous Owner | Mirmajlesi Seyed | $138,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,767 | $427,200 | $230,000 | $197,200 |
2023 | $7,477 | $387,200 | $190,000 | $197,200 |
2022 | $7,076 | $347,200 | $150,000 | $197,200 |
2021 | $6,842 | $307,200 | $110,000 | $197,200 |
2020 | $6,955 | $307,200 | $110,000 | $197,200 |
2019 | $6,842 | $297,200 | $100,000 | $197,200 |
2018 | $6,818 | $293,100 | $100,000 | $193,100 |
2017 | $6,608 | $283,100 | $90,000 | $193,100 |
2016 | $6,538 | $278,100 | $85,000 | $193,100 |
2015 | $6,613 | $283,200 | $85,000 | $198,200 |
2014 | $6,519 | $283,200 | $85,000 | $198,200 |
Source: Public Records
Map
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