NOT LISTED FOR SALE

3 Somerset Place Matawan, NJ 07747

Estimated Value: $634,105 - $697,000

4 Beds
2 Baths
1,456 Sq Ft
$459/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $430,000 $295 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,417/month

9 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Double-Wide Driveway
  • Matawan Reg High School Rated A-
  • 2 Car Direct Access Garage
  • Cul-De-Sac

About This Home

As of December 2020

Tucked into a quiet cul-de-sac away from the hustle and bustle of every day life, is your chance to own a sprawling ranch with tons of curb appeal. Set on a good-sized, beautifully landscaped property, this welcoming home's open layout is just right for today's lifestyle, and the fenced backyard offers the privacy and space for all your entertaining needs. The easy access to commuting options, shops make this a perfect package. When amenities, value and location come together like they do at 3 Somerset Place, you know it will go fast. Make your appointment to see this today.

Last Agent to Sell the Property

Susan Heckman

The Gallery Residential Brokerage License #1863758 Listed on: 09/02/2020

Co-Listed By

John Meechan

The Gallery Residential Brokerage License #0448924

Last Buyer's Agent

Michael McGuirk

RE/MAX 1st. Advantage License #1326691

RE/MAX 1st. Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,117

Year Built

  • Built in 1972

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132 x 131
  • Cul-De-Sac
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Double-Wide Driveway
  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Track Lighting
  • Light Fixtures
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Ravine Drive Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31-00123-0000-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,117

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • Co List Office Mls Id: 3689
  • Co List Office Phone: 732-747-8846
  • Inclusions: Outdoor Lighting, Washer, Track Lighting, Window Treatments, Timer Thermostat, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Screens, Freezer, Garbage Disposal, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Attic - Pull Down Stairs, Sliding Door
  • New Construction: No
  • Year Built: 1972
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.4
  • General Property Info Lot Dimensions: 132 x 131
  • General Property Info Farm: No
  • Location Middle School: Matawan Avenue
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Lot Description Cul-De-Sac: Yes
  • Garage Oversized: Yes
  • Included Security System2: Yes
  • Included Garbage Disposal: Yes
  • Included Track Lighting: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.4
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Patio, Lighting
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Double Wide Drive, Driveway, On Street, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 132 x 131
  • Lot Size Sq Ft: 17424.0
  • Parcel #: 31-00123-0000-00021
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10117.0

MLS Schools

  • Elementary School: Ravine Drive
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 25, 2020
Sold by
Allgor Russel and Wright Natasha
Bought by
Reis Jason
Seller's Agent
Susan Heckman
The Gallery Residential Brokerage
Buyer's Agent
Michael McGuirk
RE/MAX 1st. Advantage
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$668,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,276
Avg. Annual Appreciation
9.20%
Original Mortgage
$422,211
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2009
Sold by
Halpern Samuel W and Halpern Judith
Bought by
Allgor Russel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reis Jason $430,000 None Available
Reis Jason $430,000 None Listed On Document
Allgor Russel $330,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reis Jason $422,211
Previous Owner Allgor Russel $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $430,000 +1.2% $295 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $425,000 -- $292 / Sq Ft
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
2025 $10,828 $583,100 $342,800 $240,300
2024 $10,946 $496,000 $304,800 $191,200
2023 $10,946 $503,500 $314,300 $189,200
2022 $10,743 $420,900 $240,700 $180,200
2021 $10,772 $395,400 $231,200 $164,200
2020 $10,772 $393,700 $226,400 $167,300
2019 $10,117 $370,600 $207,400 $163,200
2018 $9,305 $335,300 $174,200 $161,100
2017 $9,185 $326,300 $169,400 $156,900
2016 $8,676 $314,800 $159,900 $154,900
2015 $8,180 $299,100 $150,400 $148,700
2014 $8,420 $304,900 $155,200 $149,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Susan Heckman

    The Gallery Residential Brokerage

    (732) 687-9980

    27 Total Sales

    Susan Heckman
    Section Image
  • John Meechan

    Seller Co-Listing Agent in 2020

    John Meechan

    The Gallery Residential Brokerage

    (732) 773-7471

    3 in this area

    53 Total Sales

    John Meechan
    Section Image

  • M

    Buyer's Agent in 2020

    Michael McGuirk

    RE/MAX

    (908) 472-8498

    4 in this area

    174 Total Sales

    Michael McGuirk
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22031044

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00123-0000-00021

New Jersey Monmouth County Matawan 07747

3 Somerset Place, Matawan, NJ

Not Listed for Sale

Detached

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