NOT LISTED FOR SALE

261 Longwood Ln Somerset, NJ 08873

Estimated Value: $725,000 - $729,000

3 Beds
3 Baths
2,584 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $480,000 $186 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,061/month

92 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Indoor Pool
  • Ranch Style House
  • Loft

About This Home

As of December 2020

"The only cars driving by will be your neighbors'." Walk to the Clubhouse from this JUST PAINTED, stone front home nestled on a quiet street. Lots of upgrades! Top Notch design w/open flow, hardwood flrs, gracious columns in dining room, high ceiling in Great Room, window surround in Sun Room leading to an extended patio & serene views. Breakfast in the dining area of your kitchen & take your coffee out to the covered porch. The Master BR suite boasts a tray ceiling, bay window, walk-in closet & master bath! Love Company or a space for Hobbies? The LOFT overlooks the great room & includes a 3rd BR & full bath! Somerset Run is an Active & Inclusive Over 55 Community w/25,000 s.f. Clubhouse. Walk to shopping. Minutes to Big Box stores, theater & train/bus to NYC.

Last Agent to Sell the Property

Judith Rifkin

KELLER WILLIAMS GREATER BRUNSWICK Listed on: 09/03/2020

KELLER WILLIAMS GREATER BRUNSWICK

Last Buyer's Agent

GRETCHEN M LOLIS

KELLER WILLIAMS TOWN LIFE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,484

Year Built

  • Built in 2004

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $291 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,584 Sq Ft Home
  • High Ceiling
  • Shades
  • Blinds
  • Great Room
  • Family Room with entrance to outdoor space
  • Formal Dining Room
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Front Basement Entry

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00507-0022-00029-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal, trash collection
  • $291 Other One-Time Fees

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,484

Year Built

Built in 2004

Lot Details

0

HOA Fees

$291 per month

Parking

2

Listing Details

  • Style: Expanded Ranch
  • Primary Style: Expanded Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 2004
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 261
  • Directions: Rt. 287, Exit 10, Easton Ave. Right to Cedar Grove. Rt. to New Brunswick. Left at Davidson. Thru Gatehouse, Rt. to Stone Manor. Rt. to Longwood Ln.
  • I D: 5013792
  • Modified: 2021-12-23
  • Number Images: 24
  • Section Subdiv Development: SOMERSET RUN
  • First Name: JUDITH
  • First Name3: GRETCHEN M
  • Last Name: RIFKIN
  • Last Name3: LOLIS
  • Office Phone: 973-539-1120
  • Office Phone3: 201-894-8004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Shades, Smoke Detector, SoakTub, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 13x15
  • Kitchen Level: First
  • Living Room Dim: 14x17
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 9x17
  • Other Room1 Level: First
  • Other Room 2: Loft
  • Other Room2 Dim: 13x14
  • Other Room2 Level: Second
  • Other Room 3: Laundry Room
  • Other Room3 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, GarEnter, Great Room, Kitchen, Laundry Room, OutEntrn, Pantry, Porch, Sunroom, Walkout
  • Level 2 Rooms: 1 Bedroom, Bath(s) Other, Loft, Storage Room, Utility Room
  • Estimated Sq Ft: 2584
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Curbs, Open Porch(es), Patio, Sidewalk, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool, Indoor Pool, Outdoor Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Finished Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, Club House, Exercise Room, MulSport, Pool-Indoor, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 291
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 291

Lot Info

  • Lot Size: .129 ACRES
  • Assessed Improvement Value: 265000
  • Assessed Land Value: 201300
  • Assessment: 466300
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 29
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13
  • Zoning: Residential

Rental Info

  • Application Fee: 582
  • Pets Allowed: BreedRst, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10484
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00507-0022-00029-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 23, 2020
Sold by
Yip Kenneth
Bought by
Taylor Daniel and Taylor Delma
Seller's Agent
Judith Rifkin
KELLER WILLIAMS GREATER BRUNSWICK
Buyer's Agent
GRETCHEN M LOLIS
KELLER WILLIAMS TOWN LIFE
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Current Estimated Value
$716,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,861
Avg. Annual Appreciation
8.39%
Original Mortgage
$470,000
Outstanding Balance
$423,919
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$274,698

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 18, 2020
Sold by
Estate Of Kenneth Yip
Bought by
Taylor Daniel C and Taylor Delma M
Seller's Agent
Judith Rifkin
KELLER WILLIAMS GREATER BRUNSWICK
Buyer's Agent
GRETCHEN M LOLIS
KELLER WILLIAMS TOWN LIFE
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$423,919
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$274,698

Purchase Details

Closed on
Oct 12, 2004
Sold by
Pulte Communities Nj Lp
Bought by
Yip Kenneth and Yip Asuncion R
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
Taylor Daniel $480,000 Land Title Services
Taylor Daniel C $480,000 Sterling Title Agency
Yip Kenneth $462,892 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Daniel $470,000
Closed Taylor Daniel C $470,000
Closed Taylor Daniel C $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $480,000 -4.0% $186 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $500,000 -- $193 / Sq Ft
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 $10,368 $570,300 $296,300 $274,000
2023 $10,288 $532,800 $267,800 $265,000
2022 $9,795 $480,600 $215,600 $265,000
2021 $10,435 $471,100 $206,100 $265,000
2020 $10,557 $466,300 $201,300 $265,000
2019 $10,734 $466,300 $201,300 $265,000
2018 $10,539 $453,100 $177,600 $275,500
2017 $10,575 $453,100 $177,600 $275,500
2016 $10,429 $443,600 $168,100 $275,500
2015 $10,108 $443,600 $168,100 $275,500
2014 $9,195 $410,300 $134,800 $275,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3661687

Garden State MLS

APN: 08-00507-22-00029