NOT LISTED FOR SALE

35 Somerset Place Matawan, NJ 07747

Estimated Value: $1,155,000 - $1,251,000

5 Beds
3.5 Baths
3,996 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 04, 2014

Last sale price $660,000 $165 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,231/month

1 Day on Market

Highlights

  • Indoor Pool
  • Custom Home
  • Curved or Spiral Staircase
  • Matawan Reg High School Rated A-
  • 0.8 Acre Lot
  • New Kitchen

About This Home

As of June 2014

This home is located at 35 Somerset Place, Matawan, NJ 07747 since 08 May 2014 and is currently estimated at $1,209,657, approximately $302 per square foot. This property was built in 1989. 35 Somerset Place is a home located in Monmouth County with nearby schools including Matawan Reg High School, Matawan Montessori Academy, and St. Joseph Elementary School.

Last Agent to Sell the Property

Donna Markowitz

Gloria Nilson & Co. Real Estate Listed on: 05/08/2014

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,435

Year Built

  • Built in 1989

Lot Details

  • 0.8 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Double-Wide Driveway
  • On-Street Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Curved or Spiral Staircase
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Clerestory Windows
  • Bay Window
  • Double Door Entry
  • French Doors
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Center Hall
  • Basement Fills Entire Space Under The House
  • Laundry Room
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Pool

  • Indoor Pool
  • Pool and Spa
  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays
  • Gunite Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Ravine Drive Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001230000000330001

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,435

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Concrete, Covered, Fenced, Gunite, In Ground, Pool Equipment, With Spa
  • Subdivision Name: Magnolia Manor
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic, Ceilings - 9Ft+ 1st Flr, Center Hall, Clerestories, Dec Molding, French Doors, Spiral Stairs, Recessed Lighting
  • Year Built: 1989
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.8
  • General Property Info Lot Dimensions: 125,182XUNDEFINEDXUNDEFINED
  • Location Middle School: Matawan Avenue
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Pool Pool Equipment: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Hot Tub2: Yes
  • Pool Covered: Yes
  • Pool With Spa: Yes
  • Foyer Floor - Ceramic: Yes
  • Kitchen BayBow Window4: Yes
  • Interior Spiral Stairs: Yes
  • Foyer Double Door Entry: Yes
  • Pool Concrete2: Yes
  • PoolGunite: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Circular Stair: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.8
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Fence, Hot Tub, Patio, Sprinkler Under, Thermal Window, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Double Wide Drive, Driveway, On Street, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 125,182XUNDEFINEDXUNDEFINED
  • Lot Size Sq Ft: 34848.0
  • Parcel #: 001230000000330001

Tax Info

  • Tax Year: 2013

MLS Schools

  • Elementary School: Ravine Drive
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Jun 2, 2014
Sold by
Barasch Jon and Barasch Michele
Bought by
Lamb Lon William and Striling Kimberly A
Seller's Agent
Donna Markowitz
Gloria Nilson & Co. Real Estate
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$660,000
Current Estimated Value
$1,209,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,657
Avg. Annual Appreciation
4.97%
Original Mortgage
$625,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2000
Sold by
Lopez Israel
Bought by
Carino Samuel and Carino Rowena Mendoza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
8.24%

Purchase Details

Closed on
May 25, 1999
Sold by
Boyle William
Bought by
Lopez Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.19%
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
Lamb Lon William $660,000 None Available
Carino Samuel $389,000 --
Lopez Israel $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stirling Kimberly A $430,000
Closed Lamb Lon William $466,500
Closed Lamb Lon William $625,000
Previous Owner Barasch Jon $50,000
Previous Owner Barasch Jon K $395,000
Previous Owner Barasch Jon $22,000
Previous Owner Barasch Jon K $405,200
Previous Owner Barasch Jon K $404,000
Previous Owner Comia Carino Samuel $60,000
Previous Owner Carino Samuel C $416,000
Previous Owner Carino Samuel $311,200
Previous Owner Lopez Israel $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2014 06/04/14 Sold $660,000 -- $165 / 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 $21,435 $1,190,700 $363,800 $826,900
2024 $21,414 $981,900 $323,800 $658,100
2023 $21,414 $985,000 $333,800 $651,200
2022 $22,046 $876,500 $256,300 $620,200
2021 $16,180 $811,400 $246,300 $565,100
2020 $20,627 $753,900 $241,300 $512,600
2019 $19,689 $721,200 $221,300 $499,900
2018 $19,378 $698,300 $186,300 $512,000
2017 $20,262 $719,800 $181,300 $538,500
2016 $19,366 $702,700 $171,300 $531,400
2015 $18,051 $660,000 $161,300 $498,700
2014 $15,669 $575,000 $166,300 $408,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21418165

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00123-0000-00033-01