NOT LISTED FOR SALE

28 Drake Rd Somerset, NJ 08873

Estimated Value: $556,817 - $667,000

-- Bed
-- Bath
1,792 Sq Ft
$348/Sq Ft Est. Value

About This Home

This home is located at 28 Drake Rd, Somerset, NJ 08873 and is currently estimated at $623,204, approximately $347 per square foot. 28 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2015
Sold by
Moye Lorenzo and Moye Lorenzo
Bought by
Moye Lorenzo
Current Estimated Value
$623,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,447
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Moye Lorenzo -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Moye Lorenzo $324,447
Source: Public Records

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 $8,786 $553,500 $327,800 $225,700
2024 $8,786 $482,200 $327,800 $154,400
2023 $8,697 $448,300 $293,900 $154,400
2022 $8,362 $408,300 $253,900 $154,400
2021 $7,541 $338,300 $183,900 $154,400
2020 $7,508 $328,300 $173,900 $154,400
2019 $7,378 $318,300 $163,900 $154,400
2018 $7,103 $303,300 $148,900 $154,400
2017 $6,778 $288,300 $133,900 $154,400
2016 $6,598 $278,300 $123,900 $154,400
2015 $6,201 $263,300 $108,900 $154,400
2014 $5,993 $258,300 $103,900 $154,400
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

28 Drake Rd, Somerset, NJ

This home is located at 28 Drake Rd, Somerset, NJ 08873 and is currently estimated at $623,204, approximately $347 per square foot. 28 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

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