NOT LISTED FOR SALE

3 Drake Rd Somerset, NJ 08873

Estimated Value: $653,549 - $807,000

-- Bed
-- Bath
3,182 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 3 Drake Rd, Somerset, NJ 08873 and is currently estimated at $708,137, approximately $222 per square foot. 3 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School and Rutgers Preparatory School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2017
Sold by
Barrood James C
Bought by
Barrood James C and Barrood Graciela
Current Estimated Value
$708,137

Purchase Details

Closed on
Feb 24, 2009
Sold by
Barrood Louis G and Barrood James C
Bought by
Barrood James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$127,240
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$580,897

Purchase Details

Closed on
Sep 13, 1999
Sold by
Timpson Pamela
Bought by
Barrood Louis and Barood James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.83%

Purchase Details

Closed on
Aug 31, 1995
Sold by
Edwards Sydney
Bought by
Timpson Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.61%

Purchase Details

Closed on
Mar 22, 1993
Sold by
Edwards Sydney and Edwards Trenice
Bought by
Edwards Trenice
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Barrood James C -- None Available
Barrood James C -- None Available
Barrood Louis $179,875 --
Timpson Pam $182,500 --
Edwards Trenice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrood James C $200,000
Closed Barrood Louis $150,000
Previous Owner Timpson Pam $170,000
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 $9,567 $636,100 $284,600 $351,500
2024 $9,567 $525,100 $284,600 $240,500
2023 $9,570 $493,300 $252,800 $240,500
2022 $9,406 $459,300 $218,800 $240,500
2021 $8,185 $399,800 $159,300 $240,500
2020 $8,949 $391,300 $150,800 $240,500
2019 $8,873 $382,800 $142,300 $240,500
2018 $8,665 $370,000 $129,500 $240,500
2017 $8,400 $357,300 $116,800 $240,500
2016 $8,270 $348,800 $108,300 $240,500
2015 $7,913 $336,000 $95,500 $240,500
2014 $7,698 $331,800 $91,300 $240,500
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

3 Drake Rd, Somerset, NJ

This home is located at 3 Drake Rd, Somerset, NJ 08873 and is currently estimated at $708,137, approximately $222 per square foot. 3 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School and Rutgers Preparatory School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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