NOT LISTED FOR SALE

338 Biltmore Ln Somerset, NJ 08873

Estimated Value: $618,000 - $675,998

2 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold January 18, 2024

Last sale price $616,000

Est. 6% increase in value since last sale

Current estimated payment $4,408/month

1 Day on Market

About This Home

As of January 2024

This home is located at 338 Biltmore Ln, Somerset, NJ 08873 since 25 November 2023 and is currently estimated at $650,500. 338 Biltmore Ln is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Central Jersey College Prep Charter School.

Last Agent to Sell the Property

Arthur Napolitano

BH & G REAL ESTATE MATURO Brokerage Phone: 732-240-1228 Listed on: 11/25/2023

Last Buyer's Agent

Kathleen Gouldey

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,403

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,403

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 338
  • I D: 5257548
  • Modified: 2025-01-19
  • Number Images: 1
  • Attribution Contact: 732-240-1228
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .141 ACRES
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2023
Closed on
Jan 7, 2024
Sold by
Melchione Roberta M
Bought by
Salisbury John L and Salisbury Patricia G
Seller's Agent
Arthur Napolitano
BH & G REAL ESTATE MATURO
Buyer's Agent
Kathleen Gouldey
COLDWELL BANKER REALTY
List Price
$569,900
Sold Price
$616,000
Premium/Discount to List
$46,100
8.09%
Views
346
Current Estimated Value
$650,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,500
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Dec 29, 2003
Sold by
Pulte Communities Nj Limited P
Bought by
Melchione Rocco H and Melchione Roberta M
Source: Public Records

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Range of Values:

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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
Salisbury John L $616,000 Realsafe Title
Melchione Rocco H $314,615 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melechione Rocco H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $616,000 +8.1% --
12/08/2023 12/08/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $569,900 0.0% --
11/29/2023 11/29/23 Price Changed $569,900 -- --
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 $9,403 $517,200 $297,200 $220,000
2023 $9,437 $488,700 $268,700 $220,000
2022 $8,894 $436,400 $216,400 $220,000
2021 $8,794 $426,900 $206,900 $220,000
2020 $9,559 $422,200 $202,200 $220,000
2019 $9,719 $422,200 $202,200 $220,000
2018 $9,355 $402,200 $178,400 $223,800
2017 $9,233 $395,600 $178,400 $217,200
2016 $9,077 $386,100 $168,900 $217,200
2015 $9,015 $386,100 $168,900 $217,200
2014 $8,124 $352,900 $135,700 $217,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3875921

Garden State MLS

APN: 08-00507-24-00003