NOT LISTED FOR SALE

286 Michael J Smith Ct Somerset, NJ 08873

Somerset Neighborhood

Estimated Value: $432,000 - $466,000

2 Beds
2.5 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold March 09, 2022

Last sale price $325,000

Est. 38% increase in value since last sale

Current estimated payment $3,340/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • Patio

About This Home

As of March 2022

This home is located at 286 Michael J Smith Ct, Somerset, NJ 08873 since 13 December 2021 and is currently estimated at $450,013. This property was built in 1988. 286 Michael J Smith Ct is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

Last Agent to Sell the Property

Rachel Cugini

Coldwell Banker Realty License #2081704 Listed on: 12/13/2021

Coldwell Banker Realty

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1988

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 28 x 73

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Sampson G. Smith Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Patio

Community Details

  • Quailbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00386-17-00286

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,994

Year Built

Built in 1988

Lot Details

0

HOA Fees

$230 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Quailbrook
  • Architectural Style: Attached Duplex, Colonial
  • Year Built: 1988
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.05
  • General Property Info Lot Dimensions: 28 x 73
  • Location Middle School: Sampson G. Smith
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Water Heater Natural Gas2: Yes
  • Style Attached Duplex: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Lot Dimensions: 28 x 73
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 08-00386-17-00286

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5994.0

MLS Schools

  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Mar 9, 2022
Sold by
Cathy Ng
Bought by
Abdul-Baasit Anisah
Seller's Agent
Rachel Cugini
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%
Total Days on Market
37
Current Estimated Value
$450,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,013
Avg. Annual Appreciation
10.57%
Original Mortgage
$310,000
Outstanding Balance
$291,746
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$158,267

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 11, 2018
Sold by
Subbaraman Vishnu and Sridhar Pavitra
Bought by
Ng Cathy
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
MICHAEL LAICO
RE/MAX 1ST ADVANTAGE
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
May 22, 2009
Sold by
Brower Joseph A and Brower Keri A
Bought by
Subbaraman Vishnu and Sridhar Pavitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2005
Sold by
Person Eric
Bought by
Brower Joseph A and Hallam Keri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.68%

Purchase Details

Closed on
Jul 17, 2003
Sold by
Campbell Sherwin
Bought by
Person Eric and Cisek Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
5.27%

Purchase Details

Closed on
May 24, 2001
Sold by
Daldone Donna
Bought by
Campbell Sherwin and Leveiue Marlyse

Purchase Details

Closed on
Sep 30, 1992
Sold by
Seidel Deborah D
Bought by
Daidone Donna M

Purchase Details

Closed on
Sep 15, 1989
Sold by
Dale Deborah A and Dale Valerie
Bought by
Dale Deobrah A
Source: Public Records

Range of Values:

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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
Abdul-Baasit Anisah $325,000 Simplicity Title
Ng Cathy $250,000 Westcor Land Title Ins Co
Subbaraman Vishnu $270,500 Multiple
Brower Joseph A $292,500 --
Person Eric $220,000 --
Campbell Sherwin $163,000 --
Campbell Sherwin $163,000 --
Daidone Donna M $112,700 --
Dale Deobrah A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdul-Baasit Anisah $310,000
Previous Owner Subbaraman Vishnu $255,173
Previous Owner Subbaraman Vishnu $265,600
Previous Owner Brower Joseph A $234,000
Previous Owner Person Eric $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $325,000 +1.9% --
01/19/2022 01/19/22 Pending -- -- --
12/13/2021 12/13/21 For Sale $319,000 +27.6% --
12/06/2018 12/06/18 Sold $250,000 -3.8% --
11/12/2018 11/12/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $260,000 -3.3% --
09/13/2018 09/13/18 For Sale $269,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,992 $384,600 $209,000 $175,600
2023 $6,509 $337,100 $161,500 $175,600
2022 $5,902 $289,600 $114,000 $175,600
2021 $5,994 $270,600 $95,000 $175,600
2020 $5,805 $256,400 $80,800 $175,600
2019 $5,465 $237,400 $61,800 $175,600
2018 $5,427 $233,300 $61,800 $171,500
2017 $5,445 $233,300 $61,800 $171,500
2016 $5,485 $233,300 $61,800 $171,500
2015 $5,448 $233,300 $61,800 $171,500
2014 $5,260 $228,500 $57,000 $171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22138811

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00386-17-00286