$330,000
SOLD DEC 18, 2020

29 Millstone Rd Somerset, NJ 08873

-- Bed
-- Bath
1,164 Sq Ft
9,365 Sq Ft Lot

Recently Sold

$284 Per Sq Ft

74 Days on Market

About This Home

As of December 2020

2 Family CapeCod sitting on a double lot with 6-8 parking spaces. Lovely grounds with plenty of space to enjoy. Has 2 apartments or can be used as a 4 bedroom home. Vacant, and easy to show.

Last Agent to Sell the Property

Samir Shehata

SAMIR REALTY Listed on: 09/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 75x125

Interior Spaces

  • 1,164 Sq Ft Home
  • Utility Room
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,947

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size: 75x125
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1951
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Water Heater(Gas)
  • Has Basement: Full, Utility Room
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1164

Exterior Features

  • Lot Features: See Remarks

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Private

Lot Info

  • Zoning: R7

Tax Info

  • Tax Annual Amount: 4947
  • Tax Year: 2019

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Dec 16, 2020
Sold by
Peralta Ariel and Peralta Clribel
Bought by
Romero Nataly
Seller's Agent
Samir Shehata
SAMIR REALTY
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$452,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,836
Avg. Annual Appreciation
6.23%
Original Mortgage
$324,022
Outstanding Balance
$289,652
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$148,813

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jan 4, 2012
Sold by
Stallworth Margaret
Bought by
Peralta Ariel
Seller's Agent
FRONSCIER BLOCKER
WPI TEAM REALTY GROUP LLC
Buyer's Agent
SAMIR SHEHATA
SAMIR REALTY LLC
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%
Original Mortgage
$107,211
Interest Rate
4.4%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $330,000 Foundation Title Agency Llc
Deed $110,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,022 FHA
Previous Owner $138,750 New Conventional
Previous Owner $107,211 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $330,000 0.0% $284 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $330,000 +200.0% $284 / Sq Ft
01/04/2012 01/04/12 Sold $110,000 -- --
Source: All Jersey 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
2024 $5,805 $318,600 $219,100 $99,500
2023 $5,793 $298,600 $199,100 $99,500
2022 $6,115 $298,600 $199,100 $99,500
2021 $5,764 $258,600 $159,100 $99,500
2020 $5,109 $223,400 $134,100 $89,300
2019 $4,947 $213,400 $124,100 $89,300
2018 $5,349 $228,400 $139,100 $89,300
2017 $5,370 $228,400 $139,100 $89,300
2016 $5,415 $228,400 $139,100 $89,300
2015 $5,379 $228,400 $139,100 $89,300
2014 $5,299 $228,400 $139,100 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2104562

All Jersey MLS

APN: 08-00142-0000-00049