NOT LISTED FOR SALE

362 W Point Ave Somerset, NJ 08873

Estimated Value: $441,000 - $509,000

3 Beds
1 Bath
-- Sq Ft
0.74 Acres

Last Sold September 10, 2014

Last sale price $221,300

Est. 116% increase in value since last sale

Current estimated payment $3,265/month

About This Home

As of September 2014

This home is located at 362 W Point Ave, Somerset, NJ 08873 since 10 September 2014 and is currently estimated at $476,966. This property was built in 1957. 362 W Point Ave is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

Last Agent to Sell the Property

ANASTASIA REYNOLDS

VIRTUE REAL ESTATE GROUP Brokerage Phone: 732-970-5638 Listed on: 09/10/2014

Last Buyer's Agent

ANASTASIA REYNOLDS

VIRTUE REAL ESTATE GROUP Brokerage Phone: 732-970-5638 Listed on: 09/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,177

Year Built

  • 1957

Lot Details

  • 0.74

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,177

Year Built

1957

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 362
  • I D: 4468451
  • Modified: 2015-09-11
  • Number Images: 0
  • Attribution Contact: 732-970-5638
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1957

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Sep 10, 2014
Sold by
Nationwide Reo Asset Services Llc
Bought by
Turay Alimamy
Seller's Agent
ANASTASIA REYNOLDS
VIRTUE REAL ESTATE GROUP
Buyer's Agent
ANASTASIA REYNOLDS
VIRTUE REAL ESTATE GROUP
Sold Price
$221,300
Total Days on Market
0
Current Estimated Value
$476,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,666
Avg. Annual Appreciation
7.40%
Original Mortgage
$217,291
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jun 14, 2014
Sold by
Parker Kerron H and Parker Nakomis M
Bought by
Nationwide Reo Asset Services Lcl
Seller's Agent
ANASTASIA REYNOLDS
VIRTUE REAL ESTATE GROUP
Buyer's Agent
ANASTASIA REYNOLDS
VIRTUE REAL ESTATE GROUP
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1098.32%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Harrell Kelton C
Bought by
Parker Nakomis M and Parker Kerron H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,365
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2007
Sold by
Hewins Kevin W
Bought by
Harrell Kelton C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Turay Alimamy $221,000 Multiple
Nationwide Reo Asset Services Lcl $109,000 Fortune Title Agency Inc
Parker Nakomis M $300,000 None Available
Harrell Kelton C $170,000 The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turay Alimany $8,343
Open Turay Alimamy $219,336
Closed Turay Alimamy $217,291
Previous Owner Parker Kerron H $298,435
Previous Owner Parker Nakomis M $295,365
Previous Owner Harrell Kelton C $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold $221,300 +77.0% --
06/18/2014 06/18/14 Sold $125,000 -- --
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 $7,177 $393,900 $271,800 $122,100
2023 $7,060 $363,900 $241,800 $122,100
2022 $6,224 $303,900 $181,800 $122,100
2021 $6,105 $273,900 $151,800 $122,100
2020 $5,921 $258,900 $136,800 $122,100
2019 $5,654 $243,900 $121,800 $122,100
2018 $5,244 $223,900 $101,800 $122,100
2017 $5,146 $218,900 $96,800 $122,100
2016 $5,034 $212,300 $93,800 $118,500
2015 $5,023 $213,300 $94,800 $118,500
2014 $4,972 $214,300 $95,800 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3160757

Garden State MLS

APN: 08-00349-01-00050