NOT LISTED FOR SALE

305 Summer Rd Branchburg, NJ 08853

Branchburg Township Neighborhood

Estimated Value: $943,597 - $1,019,000

4 Beds
3 Baths
-- Sq Ft
2.8 Acres

Last Sold March 09, 2023

Last sale price $740,000

Est. 32% increase in value since last sale

Current estimated payment $6,267/month

97 Days on Market

About This Home

As of March 2023

This home is located at 305 Summer Rd, Branchburg, NJ 08853 since 18 October 2022 and is currently estimated at $980,399. This property was built in 1984. 305 Summer Rd is a home located in Somerset County with nearby schools including Whiton Elementary School, Stony Brook School, and Branchburg Central Middle School.

Last Agent to Sell the Property

KELLY OLSEN

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 10/18/2022

Last Buyer's Agent

ALEXANDRA STROM

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,263

Year Built

  • Built in 1984

Lot Details

  • 2.8 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,263

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • County Name: Somerset
  • I D: 5185454
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 2.8020
  • Total Acres: 2.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Mar 1, 2023
Sold by
Brown Michael and Brown Maureen
Bought by
Villaherinosa Ruel and Villaluna Christa J
Seller's Agent
KELLY OLSEN
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
ALEXANDRA STROM
WEICHERT REALTORS
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%
Views
82
Current Estimated Value
$980,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,399
Avg. Annual Appreciation
10.85%
Original Mortgage
$666,000
Outstanding Balance
$644,941
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$335,458

Purchase Details

Closed on
Dec 26, 2007
Sold by
Wood Roger R and Wood Carol B
Bought by
Brown Michael and Brown Maureen

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
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Villaherinosa Ruel $740,000 --
Brown Michael $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villaherinosa Ruel $666,000
Previous Owner Brown Michael $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Sold $740,000 -3.8% --
01/23/2023 01/23/23 Pending -- -- --
11/29/2022 11/29/22 Price Changed $769,000 -3.8% --
10/18/2022 10/18/22 For Sale $799,000 -- --
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
2025 $13,263 $807,700 $215,900 $591,800
2024 $13,263 $735,200 $215,900 $519,300
2023 $12,871 $687,900 $215,900 $472,000
2022 $12,454 $632,500 $215,900 $416,600
2021 $12,580 $595,100 $206,700 $388,400
2020 $12,309 $574,400 $206,700 $367,700
2019 $12,079 $560,500 $206,700 $353,800
2018 $11,866 $549,100 $206,700 $342,400
2017 $11,770 $540,900 $206,700 $334,200
2016 $11,863 $541,700 $206,700 $335,000
2015 $11,737 $536,900 $201,200 $335,700
2014 $11,560 $535,200 $195,000 $340,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KELLY OLSEN

    KELLER WILLIAMS METROPOLITAN

  • A

    Buyer's Agent in 2023

    ALEXANDRA STROM

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3813207

Garden State MLS

APN: 05-00082-01-00003

New Jersey Somerset County Branchburg 08853 Branchburg Township

305 Summer Rd, Branchburg, NJ

Not Listed for Sale

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