NOT LISTED FOR SALE

38 W Lake Ct Somerset, NJ 08873

Estimated Value: $471,000 - $501,000

-- Bed
-- Bath
1,670 Sq Ft
$290/Sq Ft Est. Value

About This Home

This home is located at 38 W Lake Ct, Somerset, NJ 08873 and is currently estimated at $483,648, approximately $289 per square foot. 38 W Lake Ct is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Xin Zhengyan and Sun Jinyu
Bought by
Scott Dawna
Current Estimated Value
$483,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Outstanding Balance
$267,925
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$215,723

Purchase Details

Closed on
Jan 22, 2011
Sold by
Gardner Joseph and Rubio Maria
Bought by
Xin Zhengyan and Sun Jinyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2002
Sold by
Sharma Arun
Bought by
Gardner Joseph and Rubio Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
7.08%

Purchase Details

Closed on
Nov 25, 1997
Sold by
Perrine James
Bought by
Sharma Arun and Sharma Nivedita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.26%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Scott Dawna $299,000 True Value Title Llc
Xin Zhengyan $247,000 Old Republic National Title
Gardner Joseph $206,000 --
Sharma Arun $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Dawna $15,219
Open Scott Dawna $36,495
Open Scott Dawna $293,584
Previous Owner Xin Zhengyang $170,000
Previous Owner Xin Zhengyan $180,000
Previous Owner Gardner Joseph $185,400
Previous Owner Sharma Arun $122,000
Source: Public Records

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 $6,778 $372,800 $160,000 $212,800
2023 $6,813 $352,800 $140,000 $212,800
2022 $6,681 $327,800 $115,000 $212,800
2021 $6,596 $297,800 $85,000 $212,800
2020 $6,289 $277,800 $65,000 $212,800
2019 $6,050 $262,800 $50,000 $212,800
2018 $5,901 $253,700 $45,000 $208,700
2017 $5,688 $243,700 $35,000 $208,700
2016 $5,612 $238,700 $30,000 $208,700
2015 $5,924 $253,700 $45,000 $208,700
2014 $5,610 $243,700 $35,000 $208,700
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

38 W Lake Ct, Somerset, NJ

This home is located at 38 W Lake Ct, Somerset, NJ 08873 and is currently estimated at $483,648, approximately $289 per square foot. 38 W Lake Ct is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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