Seller's Agent in 2024
Michelle Basmajian
Weichert Corporate
(609) 636-0044
3 in this area
22 Total Sales
26 Vernetta Ln Medford, NJ 08055
Outlying Medford Township NeighborhoodEstimated Value: $493,000 - $561,000
3
Beds
2.5
Baths
1,976
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- 1.19 Acre Lot
- Backs to Trees or Woods
- Haines Memorial 6th Grade Center Rated A-
- Vaulted Ceiling
- Wood Flooring
About This Home
As of June 2024Pictures will be uploaded on the 7th! Pure serenity at the last house on a dead end street, yet minutes from all the area has to offer. Situated on a 1+ acre lot with lush green yards and mature trees, this completely transformed home shines with pride of ownership throughout! 2021 & 2022 Brand New Kitchen including all Appliances, New Mini-Splits with AC & Backup Heat, Well Pump, New Roof, New Windows & Garage Door, Water Softener, 6' Privacy Fence w/3 Gates & Flood RING Lights. Beautifully hardscaped front steps and large porch provide a warm welcome to the home. The entire upper level has gorgeous Hardwood Flooring. Oversized kitchen features SS appliances, Double Farm Sink, Skylight, B/I Microwave, and Granite. Huge Primary bedroom includes remodeled full Bath with tile surround, Vaulted Ceiling with Fan and double closets. Second full bath also completely redone with tile! Lower level features brand new tile flooring in Landing area through to the Laundry Room and Bathroom. To the right you'll enjoy the 25 x 14 Family Room featuring newer carpeting and sliding doors to the rear yard. Bedroom three is nicely sized, also with newer carpeting. The original garage can easily be converted back, but is currently being used two part, 70% is being used as a craft room with three windows and heat, the remaining 30% is garage storage area. The rear paver patio is appx. 1400 SF and there's a matching 18' x 10' shed with Electric Service. Sprinkler System, front, side and rear yards! 6 Panel doors throughout, Generac ready! Newer Tankless HW Heater, Septic & High Efficiency McClain Heater, High Efficiency Mini Splits perform well!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,555
Year Built
- Built in 1971
Lot Details
- 1.19 Acre Lot
- Rural Setting
- Wood Fence
- Sprinkler System
- Backs to Trees or Woods
- Front and Side Yard
- Property is in excellent condition
- Property is zoned RS-2
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,976 Sq Ft Home
- Property has 2 Levels
- Vaulted Ceiling
- Entrance Foyer
- Family Room
- Living Room
- Views of Woods
- Laundry Room
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Parking
- 10 Parking Spaces
- 10 Driveway Spaces
- Gravel Driveway
Outdoor Features
- Patio
- Shed
- Porch
Schools
- Taunton Forge Elementary School
- Medford Twp Memorial Middle School
- Shawnee High School
Utilities
- Ductless Heating Or Cooling System
- Back Up Electric Heat Pump System
- Heating System Powered By Leased Propane
- Hot Water Baseboard Heater
- Programmable Thermostat
- Underground Utilities
- 200+ Amp Service
- Well
- Tankless Water Heater
- Propane Water Heater
- Municipal Trash
- Septic Tank
- Septic Pump
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00007 02
- Assessor Parcel Number 20-03201-00007 02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jun 20, 2024
Sold by
Basmajian Luke M and Basmajian Robert M
Bought by
Sommerich William H and Sommerich Nichole M
Seller's Agent
Michelle Basmajian
Weichert Realtors-Medford
Buyer's Agent
Lizzie Biddle
Weichert Realtors - Moorestown
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%
Views
104
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,590
Avg. Annual Appreciation
2.08%
Original Mortgage
$520,000
Outstanding Balance
$513,166
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$19,525
Purchase Details
Listed on
Sep 30, 2019
Closed on
Dec 4, 2019
Sold by
The Bank Of New York Mellon
Bought by
Basmajian Robert M
Seller's Agent
Michelle Basmajian
Weichert Realtors-Medford
Buyer's Agent
Michelle Basmajian
Weichert Realtors-Medford
List Price
$200,000
Sold Price
$205,275
Premium/Discount to List
$5,275
2.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.83%
Original Mortgage
$180,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2019
Sold by
Segal Tara and Segal Robert
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Feb 7, 2006
Sold by
Fardis Gary
Bought by
Segal Robert and Segal Tara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 3, 2004
Sold by
Kaiser William
Bought by
Fardis Gary
Purchase Details
Closed on
Mar 22, 1994
Sold by
Horn Robert A
Bought by
Fardis Gary D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.9%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sommerich William H | $520,000 | None Listed On Document | |
| Basmajian Robert M | $205,275 | Interstate 1St Ttl Agcy Llc | |
| The Bank Of New York Mellon | -- | None Available | |
| Segal Robert | $290,000 | Olde City Title | |
| Fardis Gary | $17,000 | -- | |
| Fardis Gary D | $12,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sommerich William H | $520,000 | |
| Previous Owner | Basmajian Robert M | $180,000 | |
| Previous Owner | Segal Robert | $261,000 | |
| Previous Owner | Fardis Gary | $90,000 | |
| Previous Owner | Fardis Gary D | $146,000 | |
| Previous Owner | Fardis Gary D | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $520,000 | +4.0% | $263 / Sq Ft |
| 05/18/2024 05/18/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $500,000 | +143.6% | $253 / Sq Ft |
| 12/16/2019 12/16/19 | Sold | $205,275 | +8.0% | $104 / Sq Ft |
| 10/25/2019 10/25/19 | Price Changed | $190,000 | -5.0% | $96 / Sq Ft |
| 10/23/2019 10/23/19 | Pending | -- | -- | -- |
| 09/30/2019 09/30/19 | For Sale | $200,000 | -- | $101 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2025 | $8,081 | $277,900 | $67,800 | $210,100 |
| 2024 | $7,555 | $227,700 | $67,800 | $159,900 |
| 2023 | $7,555 | $227,700 | $67,800 | $159,900 |
| 2022 | $7,400 | $227,700 | $67,800 | $159,900 |
| 2021 | $7,359 | $227,700 | $67,800 | $159,900 |
| 2020 | $7,314 | $227,700 | $67,800 | $159,900 |
| 2019 | $7,216 | $227,700 | $67,800 | $159,900 |
| 2018 | $7,116 | $227,700 | $67,800 | $159,900 |
| 2017 | $7,066 | $227,700 | $67,800 | $159,900 |
| 2016 | $7,040 | $227,700 | $67,800 | $159,900 |
| 2015 | $6,936 | $227,700 | $67,800 | $159,900 |
| 2014 | $6,724 | $227,700 | $67,800 | $159,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Lizzie Biddle
Weichert Corporate
(856) 777-6137
7 in this area
216 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2064784
APN: 20-03201-0000-00007-02
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