NOT LISTED FOR SALE

29 Loft Dr Martinsville, NJ 08836

Martinsville Neighborhood

Estimated Value: $788,000 - $883,000

3 Beds
4 Baths
2,690 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $730,000 $271 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,407/month

14 Days on Market

About This Home

As of October 2023

This home is located at 29 Loft Dr, Martinsville, NJ 08836 since 18 August 2023 and is currently estimated at $826,853, approximately $307 per square foot. This property was built in 1998. 29 Loft Dr is a home located in Somerset County with nearby schools including Crim Primary School, Bridgewater-Raritan Middle School, and Hillside Intermediate School.

Last Agent to Sell the Property

Susanne Chiefa

C-21 NEW BEGINNINGS Brokerage Phone: 908-647-2000 Listed on: 08/18/2023

Last Buyer's Agent

Paula Vignali

RE/MAX PINNACLE

RE/MAX PINNACLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,494

Year Built

  • Built in 1998

Lot Details

  • 1,394

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,494

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Somerset
  • Street Number Display: 29
  • I D: 5238923
  • Modified: 2024-10-18
  • Number Images: 1
  • Attribution Contact: 908-647-2000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 9, 2023
Sold by
Schraeter Lee R and Schraeter Hope D
Bought by
Patel Sahajanand and Patel Megha K
Seller's Agent
Susanne Chiefa
C-21 NEW BEGINNINGS
Buyer's Agent
Paula Vignali
RE/MAX PINNACLE
List Price
$695,000
Sold Price
$730,000
Premium/Discount to List
$35,000
5.04%
Views
279
Current Estimated Value
$826,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,853
Avg. Annual Appreciation
6.67%
Original Mortgage
$693,500
Outstanding Balance
$679,863
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$146,990

Purchase Details

Listed on
Jun 13, 2018
Closed on
Sep 24, 2018
Sold by
Schwartz Sharon B and Schwartz Paul B
Bought by
Schraeter Lee R and Schraeter Hope D
Seller's Agent
CINDY S FREUND
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Susanne Chiefa
C-21 NEW BEGINNINGS
List Price
$599,900
Sold Price
$600,018
Premium/Discount to List
$118
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%

Purchase Details

Closed on
Jun 30, 1998
Sold by
S/K Loft Associates
Bought by
Schwartz Paul B and Schwartz Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
7.04%
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
Patel Sahajanand $730,000 None Listed On Document
Schraeter Lee R $595,018 None Available
Schwartz Paul B $310,837 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sahajanand $693,500
Previous Owner Schwartz Sharon B $200,000
Previous Owner Schwartz Paul B $200,000
Previous Owner Schwartz Paul B $159,379
Previous Owner Schwartz Paul B $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $730,000 +5.0% $271 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $695,000 +15.8% $258 / Sq Ft
09/26/2018 09/26/18 Sold $600,018 0.0% $223 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $599,900 -- $223 / 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
2025 $12,494 $651,500 $217,000 $434,500
2024 $12,494 $641,400 $217,000 $424,400
2023 $11,569 $583,100 $217,000 $366,100
2022 $10,986 $532,800 $217,000 $315,800
2021 $11,307 $543,800 $212,000 $331,800
2020 $11,344 $539,400 $212,000 $327,400
2019 $11,307 $532,600 $212,000 $320,600
2018 $10,821 $510,900 $200,000 $310,900
2017 $10,738 $506,500 $200,000 $306,500
2016 $10,553 $505,400 $200,000 $305,400
2015 $10,172 $487,400 $200,000 $287,400
2014 $9,652 $455,500 $200,000 $255,500
Source: Public Records

Agents Affiliated with this Home

  • Susanne Chiefa

    Seller's Agent in 2023

    Susanne Chiefa

    C-21 NEW BEGINNINGS

    (908) 227-9885

    3 in this area

    77 Total Sales

    Susanne Chiefa
    Section Image
  • Paula Vignali

    Buyer's Agent in 2023

    Paula Vignali

    RE/MAX

    (908) 229-0948

    2 in this area

    32 Total Sales

    Paula Vignali
    Section Image

  • C

    Seller's Agent in 2018

    CINDY S FREUND

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3860414

Garden State MLS

APN: 06-00802-01-00095

New Jersey Somerset County Martinsville 08836 Martinsville

29 Loft Dr, Martinsville, NJ

This home is located at 29 Loft Dr, Martinsville, NJ 08836 since 18 August 2023 and is currently estimated at $826,853, approximately $307 per square foot. This property was built in 1998. 29 Loft Dr is a home located in Somerset County with nearby schools including Crim Primary School, Bridgewater-Raritan Middle School, and Hillside Intermediate School.

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