NOT LISTED FOR SALE

387 Terrace Ln Bedminster, NJ 07921

Estimated Value: $544,000 - $578,000

3 Beds
3 Baths
-- Sq Ft
4,256 Sq Ft Lot

Last Sold March 24, 2023

Last sale price $450,000

Est. 20% increase in value since last sale

Current estimated payment $3,395/month

17 Days on Market

About This Home

As of March 2023

This home is located at 387 Terrace Ln, Bedminster, NJ 07921 since 10 February 2023 and is currently estimated at $556,969. This property was built in 1988. 387 Terrace Ln is a home located in Somerset County with nearby schools including Bedminster Township School, Guidepost Montessori at Bridgewater, and Far Hills Country Day School.

Last Agent to Sell the Property

Peter Cagnassola

BEDMINSTER HILLS REALTY Brokerage Phone: 908-658-3400 Listed on: 02/10/2023

Last Buyer's Agent

Peter Cagnassola

BEDMINSTER HILLS REALTY Brokerage Phone: 908-658-3400 Listed on: 02/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,475

Year Built

  • Built in 1988

Lot Details

  • 4,256 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,475

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • County Name: Somerset
  • Street Number Display: 387
  • I D: 5197483
  • Modified: 2024-03-25
  • Number Images: 1
  • Attribution Contact: 908-658-3400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 4256 SF
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 24, 2023
Sold by
Bly Brenda K
Bought by
Ming Jingjing and Tremain Ryan Chase
Seller's Agent
Peter Cagnassola
BEDMINSTER HILLS REALTY
Buyer's Agent
Peter Cagnassola
BEDMINSTER HILLS REALTY
List Price
$419,999
Sold Price
$450,000
Premium/Discount to List
$30,001
7.14%
Views
569
Current Estimated Value
$539,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,334
Avg. Annual Appreciation
8.05%
Original Mortgage
$360,000
Outstanding Balance
$351,403
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$190,504

Purchase Details

Closed on
Dec 10, 1999
Sold by
Maki Nancy
Bought by
Bly Brenda

Purchase Details

Closed on
Aug 23, 1988
Sold by
Hills Development Co
Bought by
Maki Nancy E
Source: Public Records

Range of Values:

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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
Ming Jingjing $450,000 --
Bly Brenda $203,000 --
Maki Nancy E $176,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ming Jingjing $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $450,000 +7.1% --
03/01/2023 03/01/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $419,999 -- --
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 $5,475 $431,100 $207,900 $223,200
2023 $5,419 $404,400 $194,300 $210,100
2022 $5,384 $392,100 $188,600 $203,500
2021 $5,143 $378,300 $181,300 $197,000
2020 $5,157 $372,900 $176,000 $196,900
2019 $5,143 $374,000 $176,000 $198,000
2018 $5,124 $377,600 $183,900 $193,700
2017 $5,101 $369,900 $166,900 $203,000
2016 $4,918 $361,900 $161,900 $200,000
2015 $4,850 $356,900 $158,700 $198,200
2014 $4,543 $332,100 $138,700 $193,400
Source: Public Records

Agents Affiliated with this Home

  • Peter Cagnassola

    Seller's Agent in 2023

    Peter Cagnassola

    BEDMINSTER HILLS REALTY

    (908) 658-3400

    76 in this area

    121 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3828283

Garden State MLS

APN: 01-00059-04-00387

New Jersey Somerset County Bedminster 07921

387 Terrace Ln, Bedminster, NJ

This home is located at 387 Terrace Ln, Bedminster, NJ 07921 since 10 February 2023 and is currently estimated at $556,969. This property was built in 1988. 387 Terrace Ln is a home located in Somerset County with nearby schools including Bedminster Township School, Guidepost Montessori at Bridgewater, and Far Hills Country Day School.

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