NOT LISTED FOR SALE

261 Lenox Place Somerset, NJ 08873

Franklin Area

Estimated Value: $421,542

2 Beds
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: September 25, 2024

Last sale price $385,000

Est. 9% increase in value since last sale

Current estimated payment $2,954 / mo

14 Days on Market

About This Home

As of September 2024

This home is located at 261 Lenox Place, Somerset, NJ 08873 since 31 July 2024 and is currently estimated at $421,542. 261 Lenox Place is a home located in Somerset County with nearby schools including Franklin High School.

Last Agent to Sell the Property

Robert Milton

THE AGENCY ONE ROCK Brokerage Phone: 908-751-7721 Listed on: 07/31/2024

THE AGENCY ONE ROCK

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Lot Details

4,792 Sq Ft Lot

Listing Details

  • County Name: Somerset
  • I D: 5304274
  • Attribution Contact: 908-751-7721
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 47X100
  • Total Acres: 0.11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 24, 2024
Sold by
Rateau Willy Gary
Bought by
Seller's Agent
Robert Milton
THE AGENCY ONE ROCK
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
19
Current Estimated Value
$421,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,542
Avg. Annual Appreciation
4.66%
Original Mortgage
$360,905
Outstanding Balance
$352,713
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$68,829

Purchase Details

Closed on
Apr 11, 2022
Sold by
Rateau Gary and Rateau Johanne
Bought by
Rateau Willy Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Classic Realty Group Llc
Bought by
Rateau Gary and Rateau Johanne

Purchase Details

Closed on
May 13, 2005
Sold by
Sanders William G
Bought by
Classic Realty Group Llc

Purchase Details

Closed on
Feb 1, 1989
Sold by
Jackson Chritine
Bought by
Sanders William G and Sanders C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Somerset, NJ

  • JACQUELINE SUDDEATH Real Estate Agent - RE/MAX PINNACLE

    JACQUELINE SUDDEATH

    RE/MAX PINNACLE

    (908) 574-1667

    49 Total Sales

    1 in Franklin

    $535,000 Price

    JACQUELINE SUDDEATH
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  • Yousuf Syed Real Estate Agent - EXP REALTY, LLC

    Yousuf Syed

    EXP REALTY, LLC

    (848) 281-0587

    92 Total Sales

    5 in Franklin

    $170K - $564K Price Range

    Yousuf Syed
     Section Image
  • Stewart Daniels Real Estate Agent - RE/MAX PINNACLE

    Stewart Daniels

    RE/MAX PINNACLE

    (848) 400-4555

    83 Total Sales

    4 in Franklin

    $160K - $460K Price Range

    Stewart Daniels
     Section Image
  • Triveni Gurikar Real Estate Agent - RE/MAX NEIGHBORHOOD PROPERTIES

    Triveni Gurikar

    RE/MAX NEIGHBORHOOD PROPERTIES

    (862) 263-7254

    62 Total Sales

    2 in Franklin

    $655K - $690K Price Range

    Triveni Gurikar
     Section Image
  • Corey Jones Real Estate Agent - COLDWELL BANKER RESIDENTIAL BROKERAGE

    Corey Jones

    COLDWELL BANKER RESIDENTIAL BROKERAGE

    (908) 680-0076

    82 Total Sales

    2 in Franklin

    $360K - $575K Price Range

    Corey Jones
     Section Image
  • Carol Rowe-Mair Real Estate Agent - RE/MAX FIRST REALTY, INC.

    Carol Rowe-Mair

    Responds Quickly

    RE/MAX FIRST REALTY, INC.

    (908) 460-8204

    58 Total Sales

    8 in Franklin

    $270K - $535K Price Range

    Carol Rowe-Mair
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$379,900 Fidelity National Title
Rateau Willy Gary -- New Title Company Name
Rateau Gary $292,000 --
Classic Realty Group Llc $200,000 --
Sanders William G $30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,905
Previous Owner Rateau Willy Gary $272,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $385,000 +1.3% --
08/14/2024 08/14/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $379,900 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,882 $390,800 $244,800 $146,000
2025 $6,280 $390,800 $244,800 $146,000
2024 $6,280 $344,700 $244,800 $99,900
2023 $6,105 $314,700 $214,800 $99,900
2022 $5,216 $254,700 $154,800 $99,900
2021 $5,000 $224,300 $124,800 $99,500
2020 $4,787 $209,300 $109,800 $99,500
2019 $4,504 $194,300 $94,800 $99,500
2018 $4,082 $174,300 $74,800 $99,500
2017 $3,980 $169,300 $69,800 $99,500
2016 $4,062 $171,300 $66,800 $104,500
2015 $4,058 $172,300 $67,800 $104,500
2014 $4,021 $173,300 $68,800 $104,500
Source: Public Records

Agents Affiliated with this Home

  • RM

    Seller's Agent in 2024

    Robert Milton

    THE AGENCY ONE ROCK

    (443) 567-9990

    35 Total Sales

    Robert Milton
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Map

Source: Garden State MLS

MLS Number: 3916527

Garden State MLS

APN: 08-00300-0000-00016

New Jersey Somerset County Somerset 08873

261 Lenox Place, Somerset, NJ

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