38 Gallop Ln Unit C602 Somerset, NJ 08873
Estimated Value: $550,000 - $584,000
--
Bed
--
Bath
1,834
Sq Ft
$310/Sq Ft
Est. Value
About This Home
This home is located at 38 Gallop Ln Unit C602, Somerset, NJ 08873 and is currently estimated at $568,124, approximately $309 per square foot. 38 Gallop Ln Unit C602 is a home located in Somerset County with nearby schools including Franklin High School, Cheder Menachem, and St. Augustine of Canterbury School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 12, 2007
Sold by
Khawaja Kashif and Khawaja Shazia
Bought by
Shah Divyang and Shah Apexa
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
$300,000
Outstanding Balance
$189,888
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,236
Purchase Details
Closed on
Apr 16, 1997
Sold by
Parkside Realty Asso
Bought by
Khawaja Kashif
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.87%
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 |
|---|---|---|---|
| Shah Divyang | $375,000 | Multiple | |
| Khawaja Kashif | $152,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Divyang | $300,000 | |
| Previous Owner | Khawaja Kashif | $135,000 |
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 |
|---|---|---|---|---|
| 2025 | $7,930 | $524,100 | $190,000 | $334,100 |
| 2024 | $7,930 | $439,800 | $190,000 | $249,800 |
| 2023 | $7,876 | $409,800 | $160,000 | $249,800 |
| 2022 | $7,398 | $364,800 | $115,000 | $249,800 |
| 2021 | $7,499 | $339,800 | $90,000 | $249,800 |
| 2020 | $7,450 | $329,800 | $80,000 | $249,800 |
| 2019 | $7,243 | $316,700 | $70,000 | $246,700 |
| 2018 | $7,316 | $316,700 | $70,000 | $246,700 |
| 2017 | $6,765 | $291,700 | $45,000 | $246,700 |
| 2016 | $6,823 | $291,700 | $45,000 | $246,700 |
| 2015 | $6,776 | $291,700 | $45,000 | $246,700 |
| 2014 | $6,674 | $291,700 | $45,000 | $246,700 |
Source: Public Records
Map
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