NOT LISTED FOR SALE

28 Gates Rd Somerset, NJ 08873

Estimated Value: $646,823 - $697,000

5 Beds
2 Baths
2,048 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $345,000 $168 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,212/month

48 Days on Market

Highlights

  • 1.37 Acre Lot
  • Deck
  • No HOA
  • Colonial Architecture
  • 1 Fireplace
  • Skylights

About This Home

As of August 2014

Charming home featuring hardwood flooring throughout. Living Room with ceiling fan, Dining Room with chair rail molding, Family Room with recessed lights and fireplace with custom mantle, 1st floor Den/Bedroom and full Bath. Remodeled Kitchen with cherry cabinetry, recessed lights, stainless steel appliances, Corian sink and countertops and breakfast bar. Beautiful backyard with Trex Deck plus Paver Patio and walkway and Koi pond. Four Bedrooms on the second floor including the Master Bedroom with skylights plus a Cedar linen closet and the second full bath.

Last Agent to Sell the Property

Richard Abrams

(609) 750-7300 rabrams291@aol.com Century 21 Abrams & Associates, Inc. License #7942045 Listed on: 05/15/2014

Century 21 Abrams & Associates, Inc.

Last Buyer's Agent

Donna Warters

(732) 254-1700 spizarro@weichertrealtors.net Weichert Realtors-East Brunswick

Weichert Realtors-East Brunswick

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,461

Year Built

  • Built in 1948

Lot Details

  • 1.37 Acre Lot
  • Lot Dimensions are 100x595
  • Sprinkler System
  • Property is zoned R40

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,048 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Franklin Township High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00066 01
  • Assessor Parcel Number 08-00386 08-00066 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,461

Year Built

Built in 1948

Lot Details

1.37 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Net Sq Ft: 2048.00
  • Price Per Sq Ft: 175.73
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: FRANKLIN TOWNSHIP

Lot Info

  • Lot Size Acres: 1.37
  • Lot Dimensions: 100X595
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 59500.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R40

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7461.00
  • Assessor Parcel Number: 08-00386 08-00066 01
  • Tax Lot: 00066 01
  • Tax Year: 2013

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Aug 22, 2014
Sold by
Trainor Edward T and Trainor Lydia M
Bought by
Defilippo Chrles and Defilippo Lindsay
Seller's Agent
Richard Abrams
Century 21 Abrams & Associates, Inc.
Buyer's Agent
Donna Warters
Weichert Realtors-East Brunswick
List Price
$379,900
Sold Price
$345,000
Premium/Discount to List
-$34,900
-9.19%
Current Estimated Value
$671,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,706
Avg. Annual Appreciation
5.92%
Original Mortgage
$276,000
Outstanding Balance
$210,528
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$461,178

Purchase Details

Closed on
Mar 17, 2006
Sold by
Pfeiffer Frederick J
Bought by
Trainor Edward T and Varona Lydia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Defilippo Chrles $345,000 None Available
Trainor Edward T $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defilippo Chrles $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $345,000 -4.1% $168 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/03/2014 06/03/14 Price Changed $359,900 -5.3% $176 / Sq Ft
05/15/2014 05/15/14 For Sale $379,900 -- $185 / Sq Ft
Source: Bright MLS

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 $8,603 $555,400 $295,100 $260,300
2024 $8,603 $473,200 $295,100 $178,100
2023 $9,137 $473,200 $295,100 $178,100
2022 $8,421 $413,200 $235,100 $178,100
2021 $8,266 $373,200 $195,100 $178,100
2020 $8,223 $363,200 $185,100 $178,100
2019 $8,131 $353,200 $175,100 $178,100
2018 $7,867 $338,200 $160,100 $178,100
2017 $7,702 $330,000 $150,100 $179,900
2016 $7,758 $330,000 $150,100 $179,900
2015 $7,706 $330,000 $150,100 $179,900
2014 -- $330,000 $150,100 $179,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002929906

Bright MLS

APN: 08-00386-08-00066-01

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