NOT LISTED FOR SALE

26 Esplanade Dr Somerset, NJ 08873

Estimated Value: $683,443

2 Beds
2 Baths
1,950 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $596,000 $306 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,029/month

40 Days on Market

Highlights

  • Fitness Center
  • Senior Community
  • Clubhouse
  • In Ground Pool
  • Bay View
  • Wood Flooring

About This Home

As of September 2023

Absolutely beautiful home located in the desirable Renaissance Community. This specific home offers a gorgeous view of the pond, which evokes true tranquility. Privacy is also a perk of this home as there are no other homes behind or in front of the house. This one-level home features two master bedrooms, two bathrooms, a custom dining room, as well as a full eat in kitchen with granite counter tops. This home also boasts a beautiful open living room with a double-sided fireplace connecting the living room and garden room. The yard features an electric awning that extends over the patio and pavers. The walkway has pavers as well. Brand new HVAC system. This community offers amenities like two saltwater pools, sauna, gym, tennis court, pickle ball court, a library, and so much more!

Last Agent to Sell the Property

JENINE MILO

Del Virginia Realtors License #2192075 Listed on: 06/21/2023

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,752

Year Built

  • Built in 2006

Lot Details

  • 6,621

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Double-Wide Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Bay Window
  • French Doors
  • Sliding Doors
  • Bonus Room
  • Bay Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06972/02107

Community Details

Overview

  • Senior Community
  • Association fees include trash, common area, snow removal
  • Renaissance@Raritan Valley Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,752

Year Built

Built in 2006

Lot Details

0

HOA Fees

$472 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court, Exercise Room, Pool, Clubhouse, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Snow Removal
  • Subdivision Name: Renaissance@Raritan Valley
  • Architectural Style: Ranch, Detached
  • Reso Flooring: Laminate, Tile, Wood
  • Reso Interior Features: Bay/Bow Window, Bonus Room, French Doors, Skylight, Sliding Door
  • New Construction: No
  • Year Built: 2006
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Lot Dimensions: 6534
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Floors Wood: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior French Doors: Yes
  • Living Room French Doors2: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Common Elements Clubhouse: Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • Style Ranch: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Style Detached2: Yes
  • Water Heater Tank: Yes
  • Common Elements Tennis Court: Yes
  • Floors Tile: Yes
  • Interior Bonus Room: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 1
  • Basement:None2: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Patio
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Double Wide Drive
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 472.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Dimensions: 6534
  • Parcel #: 06972/02107

Tax Info

  • Tax Annual Amount: 9751.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 8, 2023
Sold by
Arcaro Family Irrevocable Trust
Bought by
Dima Living Trust and Dima
Seller's Agent
JENINE MILO
Del Virginia Realtors
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$649,999
Sold Price
$596,000
Premium/Discount to List
-$53,999
-8.31%
Views
48
Current Estimated Value
$683,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,443
Avg. Annual Appreciation
7.45%

Purchase Details

Listed on
Apr 8, 2017
Closed on
Jul 10, 2017
Sold by
Molloy Mary E and White Michele V
Bought by
Arcaro George and Arcaro Marie
Seller's Agent
BARBARA KALMUS
KELLER WILLIAMS GREATER BRUNSWICK
Buyer's Agent
Rosa D'Onofrio
WEICHERT REALTORS
List Price
$455,000
Sold Price
$478,000
Premium/Discount to List
$23,000
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Interest Rate
3.96%

Purchase Details

Closed on
Feb 23, 2006
Sold by
Centex Homes Llc
Bought by
Molloy Mary E and White Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.15%
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
Dima Living Trust $596,000 Investment Title
Arcaro George $478,000 --
Molloy Mary E $455,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arcaro George --
Previous Owner Molloy Mary E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $596,000 +3.7% $306 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $575,000 -6.5% $295 / Sq Ft
07/07/2023 07/07/23 Price Changed $615,000 -5.4% $315 / Sq Ft
06/21/2023 06/21/23 For Sale $649,999 +36.0% $333 / Sq Ft
07/06/2017 07/06/17 Sold $478,000 +5.1% $245 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $455,000 -- $233 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,089 $555,500 $293,600 $261,900
2023 $10,089 $522,500 $260,600 $261,900
2022 $9,752 $478,500 $216,600 $261,900
2021 $10,762 $467,500 $205,600 $261,900
2020 $10,584 $467,500 $205,600 $261,900
2019 $10,762 $467,500 $205,600 $261,900
2018 $9,562 $411,100 $156,100 $255,000
2017 $9,595 $411,100 $156,100 $255,000
2016 $9,148 $389,100 $134,100 $255,000
2015 $8,572 $367,100 $112,100 $255,000
2014 $7,944 $345,100 $90,100 $255,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22316858

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00507-12-00041