356 Fairmount St Somerset, NJ 08873
Estimated Value: $505,797 - $583,000
--
Bed
--
Bath
1,672
Sq Ft
$323/Sq Ft
Est. Value
About This Home
This home is located at 356 Fairmount St, Somerset, NJ 08873 and is currently estimated at $540,199, approximately $323 per square foot. 356 Fairmount St is a home located in Somerset County with nearby schools including Franklin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 27, 2005
Sold by
Rivera Luis E
Bought by
Melendez Maribel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,400
Interest Rate
6.05%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 18, 1998
Sold by
Ocwen Federal Bk
Bought by
Rivera Luis and Lopez Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.85%
Mortgage Type
FHA
Purchase Details
Closed on
May 4, 1990
Sold by
Dee Kay Franklin Inc
Bought by
Joseph Eris and Joseph Marcia
Purchase Details
Closed on
May 11, 1989
Sold by
Veltri Ann
Bought by
Dee Kay Of Franklin Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Melendez Maribel | $317,000 | -- | |
Melendez Maribel | $317,000 | Commonwealth Land Title Ins | |
Rivera Luis | $142,000 | -- | |
Joseph Eris | $155,000 | -- | |
Dee Kay Of Franklin Inc | $15,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Melandez Maribel | $50,000 | |
Closed | Melendez Maribel | $63,400 | |
Open | Melendez Maribel | $253,600 | |
Closed | Melendez Maribel | $253,600 | |
Previous Owner | Rivera Luis | $141,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,163 | $448,000 | $312,200 | $135,800 |
2023 | $8,303 | $428,000 | $292,200 | $135,800 |
2022 | $7,946 | $388,000 | $252,200 | $135,800 |
2021 | $6,125 | $274,800 | $147,200 | $127,600 |
2020 | $6,056 | $264,800 | $137,200 | $127,600 |
2019 | $5,906 | $254,800 | $127,200 | $127,600 |
2018 | $5,616 | $239,800 | $112,200 | $127,600 |
2017 | $5,379 | $228,800 | $101,200 | $127,600 |
2016 | $5,449 | $229,800 | $102,200 | $127,600 |
2015 | $5,176 | $219,800 | $92,200 | $127,600 |
2014 | $5,215 | $224,800 | $97,200 | $127,600 |
Source: Public Records
Map
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