NOT LISTED FOR SALE

307 Cedar Grove Ln Somerset, NJ 08873

Estimated Value: $890,000 - $1,025,000

4 Beds
3.5 Baths
3,250 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $570,000 $175 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,348/month

99 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Wooded Lot
  • 0.83 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of August 2019

Entertaining is at the heart of this gorgeous 4 bedroom three-and-a-half bath Colonial home nestled on an almost 1 acre wooded lot. The Gourmet kitchen features GRANITE countertops, breakfast bar, stainless steel appliances, double ovens and designer backsplash. Brand new double French doors lead to the Trex Deck overlooking the private yard. Four spacious bedrooms including a fabulous Master bedroom with walk-in closet, trey ceiling & sitting room, ensuite bath with dual vanity, soaking tub and stall shower. Formal dining & living room both dressed in stunning custom moldings. This spectacular home offers a smooth floor plan and high-end finishes throughout. It has a full basement with tall ceilings just begging to be made into large living space. 85K in upgrades! A MUST SEE!

Last Agent to Sell the Property

Michael Satchell

WEICHERT REALTORS Listed on: 03/14/2019

WEICHERT REALTORS

Last Buyer's Agent

YASH SHAH

ELITE REALTORS OF NEW JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,763

Year Built

  • Built in 2009

Lot Details

  • 0.83 Acre Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 3,250 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Shades
  • Drapes & Rods
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2708-00508-0002-00015-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,763

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Detached
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2009
  • County Name: Somerset
  • Exclusions: Kitchen Refrigerator
  • Street Number Display: 307
  • Directions: Rts. 287, 28, 22, 1, NJ Turnpike to Easton Ave to Cedar Grove
  • I D: 4876189
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Conerly
  • First Name: MICHAEL
  • First Name3: YASH
  • Last Name: SATCHEL
  • Last Name3: SHAH
  • Office Phone3: 293368
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWGas, CookGas, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Drapes, JacuzTyp, StallShw, Walk-In Closet, Shades, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Office, GarEnter, Living Room, Pantry, Dining Room, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3250
  • Phone: 732-254-1700

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Storage Shed, FencVnyl, Open Porch(es), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Paver Block, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Storage

Lot Info

  • Lot Size: 100X363
  • Assessed Improvement Value: 373200
  • Assessed Land Value: 148700
  • Assessment: 521900
  • Easement: Unknown
  • Lot Description: Wooded Lot, Irregular Lot
  • Lot Identifier: 15.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.83

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11763
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00508-0002-00015-0001-
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Aug 26, 2019
Sold by
Shah Kinsuk and Shah Gunjan
Bought by
Shah Yash and Shah Kamini
Seller's Agent
Michael Satchell
WEICHERT REALTORS
Buyer's Agent
YASH SHAH
ELITE REALTORS OF NEW JERSEY
List Price
$615,000
Sold Price
$570,000
Premium/Discount to List
-$45,000
-7.32%
Current Estimated Value
$973,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,611
Avg. Annual Appreciation
8.31%
Original Mortgage
$484,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2009
Sold by
Skowronski Richard and Skowronski Maria
Bought by
Shah Kinsuk and Shah Saroj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2004
Sold by
Executrix Barbara May Lebbing
Bought by
Skowronski Richard and Skowronski Maria
Source: Public Records

Range of Values:

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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
Shah Yash $570,000 Chicago Title Insurance Co
Shah Kinsuk $523,000 Fidelity Natl Title Ins Co
Skowronski Richard $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Yash $473,000
Closed Shah Yash $484,000
Previous Owner Shah Kinsuk $398,250
Previous Owner Shah Kinsuk $411,500
Previous Owner Shah Kinsuk $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $570,000 -4.2% $175 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $595,000 -1.7% $183 / Sq Ft
04/10/2019 04/10/19 Price Changed $605,000 -1.6% $186 / Sq Ft
03/14/2019 03/14/19 For Sale $615,000 -- $189 / Sq Ft
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 $13,002 $715,200 $338,700 $376,500
2023 $13,038 $675,200 $298,700 $376,500
2022 $11,417 $560,200 $183,700 $376,500
2021 $11,522 $520,200 $143,700 $376,500
2020 $11,551 $510,200 $133,700 $376,500
2019 $11,669 $506,900 $133,700 $373,200
2018 $12,139 $521,900 $148,700 $373,200
2017 $12,181 $521,900 $148,700 $373,200
2016 $12,270 $521,900 $148,700 $373,200
2015 $12,385 $530,400 $148,700 $381,700
2014 $12,187 $529,400 $147,700 $381,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3538723

Garden State MLS

APN: 08-00508-02-00015-01