NOT LISTED FOR SALE

3 Palmwood Way Warren, NJ 07059

Estimated Value: $1,497,000 - $1,637,000

5 Beds
4 Baths
-- Sq Ft
0.72 Acres

Last Sold July 25, 2023

Last sale price $1,300,000

Est. 18% increase in value since last sale

Current estimated payment $10,356/month

47 Days on Market

About This Home

As of July 2023

This home is located at 3 Palmwood Way, Warren, NJ 07059 since 04 May 2023 and is currently estimated at $1,538,905. This property was built in 2001. 3 Palmwood Way is a home located in Somerset County with nearby schools including Mt. Horeb School, Warren Middle School, and Watchung Hills Regional High School.

Last Agent to Sell the Property

Diane Belcuore

RE/MAX PREMIER Brokerage Phone: 908-754-1500 Listed on: 05/04/2023

RE/MAX PREMIER

Last Buyer's Agent

BARBARA TOBIA

NEXTHOME NEW PROSPECTS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,598

Year Built

  • Built in 2001

Lot Details

  • 0.72 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,598

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Year Built: 2001
  • County Name: Somerset
  • Street Number Display: 3
  • I D: 5218933
  • Modified: 2024-07-26
  • Number Images: 1
  • Attribution Contact: 908-754-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .72
  • Total Acres: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 20, 2023
Sold by
Shah Ashok and Shah Bharati
Bought by
Madhavan Hariharan and Sivarajan Purani
Seller's Agent
Diane Belcuore
RE/MAX PREMIER
Buyer's Agent
BARBARA TOBIA
NEXTHOME NEW PROSPECTS REALTY
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
Total Days on Market
47
Views
219
Current Estimated Value
$1,538,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,905
Avg. Annual Appreciation
9.44%
Original Mortgage
$1,025,000
Outstanding Balance
$988,973
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$549,932

Purchase Details

Closed on
May 17, 2023
Sold by
Shah Living Trust
Bought by
Shah Ashok and Shah Bharati

Purchase Details

Closed on
May 9, 2008
Sold by
Shah Ashok and Shah Bharati
Bought by
Shah Ashok and Shah Bharati

Purchase Details

Closed on
Sep 13, 2004
Sold by
Cendant Mobility Financial Cor
Bought by
Shah Ashok B and Shah Bharati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.8%

Purchase Details

Closed on
Sep 9, 2004
Sold by
Klingert John K
Bought by
Cendant Mobility Financial Cor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.8%

Purchase Details

Closed on
Dec 14, 2001
Sold by
Volosin Robert
Bought by
Klingert John and Klingert Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.04%

Purchase Details

Closed on
Nov 7, 2001
Sold by
Meadows Greenwood
Bought by
Volosin Robert and Volosin Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Madhavan Hariharan $1,300,000 None Listed On Document
Shah Ashok -- None Listed On Document
Shah Ashok -- None Available
Shah Ashok B $1,095,000 --
Cendant Mobility Financial Cor $1,095,000 --
Klingert John $830,000 --
Volosin Robert $681,077 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madhavan Hariharan $1,025,000
Previous Owner Shah Ashok B $800,000
Previous Owner Klingert John $460,000
Previous Owner Volosin Robert $535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $1,300,000 -6.4% --
06/23/2023 06/23/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $1,389,000 -7.3% --
05/06/2023 05/06/23 For Sale $1,499,000 -- --
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
2024 $20,598 $1,120,700 $356,900 $763,800
2023 $20,025 $1,033,300 $318,700 $714,600
2022 $19,528 $982,800 $297,800 $685,000
2021 $19,786 $953,100 $287,800 $665,300
2020 $19,690 $951,200 $287,800 $663,400
2019 $19,921 $977,500 $306,100 $671,400
2018 $20,593 $1,036,400 $357,900 $678,500
2017 $20,785 $1,045,500 $337,600 $707,900
2016 $20,747 $1,032,700 $337,600 $695,100
2015 $20,251 $988,800 $293,600 $695,200
2014 $19,258 $945,400 $287,900 $657,500
Source: Public Records

Agents Affiliated with this Home

  • Diane Belcuore

    Seller's Agent in 2023

    Diane Belcuore

    RE/MAX

    (908) 872-5473

    9 in this area

    60 Total Sales

    Diane Belcuore
    Section Image

  • B

    Buyer's Agent in 2023

    BARBARA TOBIA

    NEXTHOME NEW PROSPECTS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3841933

Garden State MLS

APN: 20-00024-07-00041

New Jersey Somerset County Warren 07059

3 Palmwood Way, Warren, NJ

This home is located at 3 Palmwood Way, Warren, NJ 07059 since 04 May 2023 and is currently estimated at $1,538,905. This property was built in 2001. 3 Palmwood Way is a home located in Somerset County with nearby schools including Mt. Horeb School, Warren Middle School, and Watchung Hills Regional High School.

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