NOT LISTED FOR SALE

311 Cedar Grove Ln Somerset, NJ 08873

Estimated Value: $779,000

4 Beds
4 Baths
3,758 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $452,812 $120 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,070/month

67 Days on Market

Highlights

  • Parking available for a boat
  • Recreation Room
  • Wood Flooring
  • Custom Home
  • Wooded Lot
  • Attic

About This Home

As of September 2019

All brick exterior custom home located in the heart of Somerset. Home features near 3,800 sqft of living space with THREE kitchens, finished basement with wet bar and full kitchen. Well maintained wood floor with fresh paint, tons of space for your imagination. Schedule your appointment today!

Last Agent to Sell the Property

Colin Chang

RE/MAX Our Town License #1111722 Listed on: 03/09/2019

RE/MAX Our Town

Last Buyer's Agent

Debbie Nemeth

Realty MarkCentral License #1539637

Realty MarkCentral

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,011

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 100 x 355
  • Fenced
  • Oversized Lot
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Circular Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,758 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Storage
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Storage Shed

Schools

  • Sampson G. Smith Middle School
  • Franklin High School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00508-02-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,011

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Back to Woods, Fenced Area, Treed Lots, Wooded
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Custom, Mother/Daughter
  • Reso Flooring: Linoleum/Vinyl
  • Reso Interior Features: Attic, Den, Wet Bar
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1952
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 100 x 355
  • General Property Info Farm: No
  • Location Middle School: Sampson G. Smith
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Lot Description Fenced Area: Yes
  • Lot Description Treed Lots: Yes
  • Included Stove: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • Garage Storage Above: Yes
  • Lot Description Wooded: Yes
  • Rec Room Level Basement9: Yes
  • Allowable Boats: Yes
  • Parking Circular Driveway: Yes
  • Allowable Recreational Vehicles: Yes
  • Dining Room Level Basement32: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Full Finished, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 15
  • Stories: 1
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Wet Bar: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Private Storage, Storage, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Paved, Asphalt, Driveway, Direct Access, Oversized, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Radiator, HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Lot Dimensions: 100 x 355
  • Parcel #: 08-00508-02-00016
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10011.0

MLS Schools

  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Sep 6, 2019
Sold by
Xu Zhuo Xiong and Huang Jie Rong
Seller's Agent
Colin Chang
RE/MAX Our Town
Buyer's Agent
Debbie Nemeth
Realty MarkCentral
Sold Price
$452,813
Current Estimated Value
$779,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,188
Avg. Annual Appreciation
8.40%
Original Mortgage
$320,000
Outstanding Balance
$283,874
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$455,126

Purchase Details

Closed on
Jan 3, 2001
Sold by
Kugler Shirley
Bought by
Xu Zhou and Huang Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
6.89%

Purchase Details

Closed on
Dec 12, 1995
Sold by
Woodson Joseph
Bought by
Kugler Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.33%
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
-- $450,000 Foundation Title Llc
Xu Zhou $271,000 --
Kugler Shirley $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $320,000
Previous Owner Xu Zhou $203,250
Previous Owner Kugler Shirley $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $452,813 -- $120 / 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 $11,279 $750,800 $338,000 $412,800
2024 $11,279 $620,400 $338,000 $282,400
2023 $11,208 $580,400 $298,000 $282,400
2022 $9,485 $465,400 $183,000 $282,400
2021 $9,423 $425,400 $143,000 $282,400
2020 $9,405 $415,400 $133,000 $282,400
2019 $9,563 $415,400 $133,000 $282,400
2018 $10,011 $430,400 $148,000 $282,400
2017 $10,046 $430,400 $148,000 $282,400
2016 $10,119 $430,400 $148,000 $282,400
2015 $10,122 $433,500 $148,000 $285,500
2014 $9,956 $432,500 $147,000 $285,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21909559

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00508-02-00016