NOT LISTED FOR SALE

31A Marswillo Way Somerset, NJ 08873

Estimated Value: $289,000 - $396,000

2 Beds
1 Bath
885 Sq Ft
436 Sq Ft Lot

Last Sold July 12, 2022

Last sale price $240,000 $271 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,283/month

67 Days on Market

Highlights

  • Property is near public transit
  • Ground Level Unit
  • Eat-In Kitchen
  • Wood Flooring
  • L-Shaped Dining Room
  • Living Room

About This Home

As of July 2022

Lovely End Unit First Floor 2 Bedroom, 1 Bathroom In Renaissance Of Franklin. Light And Bright. Wood Flooring Throughout Foyer, Living Room And Dining Room. Stainless Steel Appliances In Eat In Kitchen W/ Dark Wood Cabinets, Custom Tile Back Splash And Tiled Floor. High Efficiency Washer And Dryer Included. 1 Assigned Parking Spot With Plenty Of Common Area Parking Too. Bus Transportation Across St On Rt 27. Close To All Restaurants And Grocery Stores.

Last Agent to Sell the Property

Richard Bajada

RE/MAX INNOVATION Listed on: 05/06/2022

RE/MAX INNOVATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 2018

Lot Details

  • 436

Home Design

  • Asphalt Roof

Interior Spaces

  • 885 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Site Parking
  • Open Parking
  • Assigned Parking

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include common area maintenance, reserve fund, snow removal, trash
  • Renaissance Of Franklin Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Maintenance Expense $224
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,680

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Renaissance of Franklin
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Ground Floor
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 2018
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Dining L
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: 2 Bedrooms, Dining Room, Entrance Foyer, Kitchen, Living Room
  • Living Area: 885
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Lot Features: Level, Near Public Transit, Near Shopping, Near Train
  • Pool Features: None
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, Assigned, On Site

Utilities

  • Gas Company: Natural Gas
  • Security: Fire Alarm
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Reserve Fund, Snow Removal, Trash

Lot Info

  • Zoning: SH

Multi Family

  • Maintenance Expense: 224

Tax Info

  • Tax Annual Amount: 3680
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 7, 2022
Sold by
Frias Mary
Bought by
Guerra Portillo Miguel A and Guerra Angelica De
Seller's Agent
Richard Bajada
RE/MAX INNOVATION
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%
Current Estimated Value
$350,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,414
Avg. Annual Appreciation
12.39%
Original Mortgage
$228,000
Outstanding Balance
$217,872
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$132,542

Purchase Details

Closed on
Apr 5, 2018
Sold by
Ranaissance Franklin D C2 Llc
Bought by
Frias Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,890
Interest Rate
4.46%
Mortgage Type
New Conventional
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
Guerra Portillo Miguel A $240,000 Kukfa Kenneth M
Guerra Portillo Miguel A $240,000 Kukfa Kenneth M
Frias Mary $169,990 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Portillo Miguel A $228,000
Closed Guerra Portillo Miguel A $228,000
Previous Owner Frias Mary $164,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $240,000 +0.4% $271 / Sq Ft
05/20/2022 05/20/22 Off Market $239,000 -- --
05/06/2022 05/06/22 For Sale $239,000 -- $270 / Sq Ft
Source: All Jersey 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 $5,103 $321,900 $180,000 $141,900
2024 $5,103 $280,100 $180,000 $100,100
2023 $4,464 $230,100 $130,000 $100,100
2022 $3,893 $190,100 $90,000 $100,100
2021 $3,680 $165,100 $65,000 $100,100
2020 $3,776 $165,100 $65,000 $100,100
2019 $3,827 $165,100 $65,000 $100,100
2018 $2,342 $100,000 $100,000 $0
2017 $2,351 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Bajada

    Seller's Agent in 2022

    Richard Bajada

    RE/MAX

    (732) 672-5544

    10 in this area

    56 Total Sales

    Richard Bajada
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Map

Source: All Jersey MLS

MLS Number: 2251440M

All Jersey MLS

APN: 08-00150-04-00015

New Jersey Somerset County Somerset 08873

31A Marswillo Way, Somerset, NJ

This home is located at 31A Marswillo Way, Somerset, NJ 08873 since 06 May 2022 and is currently estimated at $350,414, approximately $395 per square foot. This property was built in 2018. 31A Marswillo Way is a home located in Somerset County with nearby schools including Franklin High School.

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