NOT LISTED FOR SALE

274 W Point Ave Somerset, NJ 08873

Estimated Value: $421,000 - $545,435

4 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold October 29, 2019

Last sale price $365,000

Est. 35% increase in value since last sale

Current estimated payment $3,176/month

79 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Deck
  • Formal Dining Room
  • Living Room

About This Home

As of October 2019

Complete renovation on this 4 bedroom 2 bath home, featuring an open layout. New items include roof, siding, windows, kitchen bathrooms, hvac. Relax on the back deck and enjoy the park like yard. Absolutely nothing to do but move in. Buyers can still pick out the stone for the counter tops. 4th bedroom could be used as family room on first floor.

Last Agent to Sell the Property

JONATHAN ADLER

DAVIS REALTORS Listed on: 07/13/2019

Last Buyer's Agent

HEATHER MIDDLETON

REALTY MARK CENTRAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 1940

Lot Details

  • 0.37

Parking

  • 4 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Well

Additional Features

  • Deck
  • 0.37 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2708-00339-0000-00050-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,253

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1940
  • County Name: Somerset
  • Street Number Display: 274
  • Directions: Abbot to West Point
  • I D: 4914912
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: JONATHAN
  • First Name3: HEATHER
  • Last Name: ADLER
  • Last Name3: MIDDLETON
  • Office Phone3: 848-252-0184
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Dishwasher, Microwave Oven
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Ground
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Level 1 Rooms: Laundry Room, 2 Bedrooms, Bath Main
  • Ground Level Rooms: 1 Bedroom, Foyer, Living Room, Dining Room, Bath(s) Other, Family Room, Kitchen
  • Phone: 732-254-6700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground
  • Water: Well

Lot Info

  • Lot Size: 80X200
  • Assessed Improvement Value: 95500
  • Assessed Land Value: 106100
  • Assessment: 201600
  • Easement: Unknown
  • Lot Identifier: 50
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4253
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00339-0000-00050-0000-
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Herrera Lucas and Herrera Diana
Bought by
Silva Lorenza Nieto and Lucas Anabel
Current Estimated Value
$491,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Outstanding Balance
$310,960
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,149

Purchase Details

Listed on
Jul 13, 2019
Closed on
Oct 29, 2019
Sold by
Minaret Investments Llc
Bought by
Lucas Valentin and Quiroz Diana Herrera
Seller's Agent
JONATHAN ADLER
DAVIS REALTORS
Buyer's Agent
HEATHER MIDDLETON
REALTY MARK CENTRAL
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$346,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2019
Sold by
John Maso Jill and John Condduci
Bought by
Zarrillo Frederick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,550
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 5, 2018
Sold by
Mtglq Investors Lp
Bought by
Minaret Investments Llc
Seller's Agent
Mitchell Schanen
C-21 CHARLES SMITH AGENCY
Buyer's Agent
JONATHAN ADLER
DAVIS REALTORS
List Price
$174,500
Sold Price
$185,500
Premium/Discount to List
$11,000
6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
Dec 27, 2017
Sold by
Frank Natalie and Frank Bruce
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Sep 27, 2007
Sold by
Frank Jean
Bought by
Frank Bruce and Frank Natalie Figorotta
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
Silva Lorenza Nieto -- Golden Title
Nieto Silva Lorenza -- Golden Title
Lucas Valentin $365,000 Surety Title Company Llc
Zarrillo Frederick A $315,000 First American Title Ins Co
Minaret Investments Llc $185,500 None Available
Mtglq Investors Lp $1,000 None Available
Frank Bruce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieto Silva Lorenza $341,000
Closed Nieto Silva Lorenza $341,000
Previous Owner Lucas Valentin $346,750
Previous Owner Zarrillo Frederick A $305,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $365,000 -3.7% --
09/30/2019 09/30/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $379,000 +104.3% --
09/18/2018 09/18/18 Sold $185,500 +6.3% --
08/29/2018 08/29/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $174,500 -- --
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
2025 $6,865 $432,500 $256,100 $176,400
2024 $6,865 $376,800 $256,100 $120,700
2023 $6,728 $346,800 $226,100 $120,700
2022 $5,874 $286,800 $166,100 $120,700
2021 $5,724 $256,800 $136,100 $120,700
2020 $5,530 $241,800 $121,100 $120,700
2019 $4,673 $201,600 $106,100 $95,500
2018 $4,253 $181,600 $86,100 $95,500
2017 $4,152 $176,600 $81,100 $95,500
2016 $4,116 $173,600 $78,100 $95,500
2015 $4,112 $174,600 $79,100 $95,500
2014 $4,074 $175,600 $80,100 $95,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3573047

Garden State MLS

APN: 08-00339-0000-00050