NOT LISTED FOR SALE

38 Somerset Dr Brick, NJ 08723

Estimated Value: $347,783 - $625,000

2 Beds
1 Bath
960 Sq Ft
$456/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $157,000 $164 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,691/month

87 Days on Market

Highlights

  • No HOA
  • Hot Water Baseboard Heater
  • 1-Story Property
  • Central Air

About This Home

As of March 2018

So much potential in this cute little shore house! Offering flowing layout, full basement and separate screened in building for summer fun! Priced to sell this home has a lot to offer, come see it today!

Last Agent to Sell the Property

Kathleen Festino

C21/ Lawrence Realty License #0233818 Listed on: 09/19/2017

Last Buyer's Agent

Sherl Merceron

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 1955

Lot Details

  • 5,009

Home Design

  • Shingle Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Hot Water Baseboard Heater
  • Electric Water Heater

Additional Features

  • Outbuilding
  • Lot Dimensions are 50 x 100

Community Details

  • No Home Owners Association
  • Bay Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-00378-11-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,962

Year Built

Built in 1955

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Bay Harbor
  • Architectural Style: Ranch
  • New Construction: No
  • Year Built: 1955
  • Contract Info List PriceSqFt: 163.54
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Style Ranch: Yes
  • Heating Oil Above Ground: Yes
  • Exterior Outbuilding: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Outbuilding

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 07-00378-11-00004

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3962.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Mar 22, 2018
Sold by
Fannie Mae
Bought by
Aiello Tracy A
Seller's Agent
Kathleen Festino
C21/ Lawrence Realty
Buyer's Agent
Sherl Merceron
Keller Williams Shore Properties
Sold Price
$157,000
Current Estimated Value
$438,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,196
Avg. Annual Appreciation
13.71%
Original Mortgage
$163,698
Outstanding Balance
$140,342
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$297,854

Purchase Details

Closed on
Jun 19, 2017
Sold by
Ocean County Sheriff
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aiello Tracy A $157,000 Old Republic National Title
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiello Tracy A $163,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $157,000 -- $164 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,937 $181,900 $110,000 $71,900
2024 $4,466 $181,900 $110,000 $71,900
2023 $4,407 $181,900 $110,000 $71,900
2022 $4,407 $181,900 $110,000 $71,900
2021 $4,315 $181,900 $110,000 $71,900
2020 $4,260 $181,900 $110,000 $71,900
2019 $4,189 $181,900 $110,000 $71,900
2018 $4,093 $181,900 $110,000 $71,900
2017 $3,982 $181,900 $110,000 $71,900
2016 $3,962 $181,900 $110,000 $71,900
2015 $3,858 $181,900 $110,000 $71,900
2014 $3,827 $181,900 $110,000 $71,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21736630

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00378-11-00004

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