NOT LISTED FOR SALE

388 Cotswold Place Somerset, NJ 08873

Estimated Value: $475,000 - $526,000

3 Beds
2.5 Baths
1,663 Sq Ft
$255/mo HOA Fee

Last Sold July 30, 2020

Last sale price $305,000 $183 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,463/month

11 Days on Market

Highlights

  • Corner Lot
  • Jogging Path
  • 1 Car Attached Garage
  • Tennis Courts
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of July 2020

Welcome to Carriage Homes at Quailbrook where this light, bright 3 bedroom end unit townhome with garage awaits you. Freshly painted, with newer carpet up and beautiful laminate floors downstairs. This move-in ready home will provide you with easy access to local commuter routes, public transportation, a variety of shopping, restaurants & area entertainment.

Last Agent to Sell the Property

Maria Milam

WEICHERT REALTORS Listed on: 06/04/2020

WEICHERT REALTORS

Last Buyer's Agent

HSIU SHERRY SHEN

DYNASTY AGENCY LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 1986

Lot Details

  • 3,049

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • Parking Lot

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,663 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00417-0002-00388-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,050

Year Built

Built in 1986

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 388
  • Directions: Demott Ln to Glastonbury Ln to Cotswold Pl
  • I D: 4986843
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Carriage Homes Quailbrook
  • First Name: MARIA
  • First Name3: HSIU SHERRY
  • Last Name: MILAM
  • Last Name3: SHEN
  • Office Phone3: 244923
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 16x13
  • Living Room Level: First
  • Other Room 1: PowderRm
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Level 1 Rooms: Dining Room, Family Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 1663
  • Phone: 609-921-1900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Parking Driveway Description: Blacktop, Driveway-Exclusive, Parking Lot-Shared

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Jogging/Biking Path, Playground, Tennis Courts
  • Association Maintenance Fee: 255
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 43X72
  • Assessed Improvement Value: 201100
  • Assessed Land Value: 70000
  • Assessment: 271100
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 388
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6050
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00417-0002-00388-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 28, 2020
Sold by
Broome Harriette P
Bought by
388 Cotswold Place Llc
Seller's Agent
Maria Milam
WEICHERT REALTORS
Buyer's Agent
HSIU SHERRY SHEN
DYNASTY AGENCY LLC.
List Price
$309,900
Sold Price
$305,000
Premium/Discount to List
-$4,900
-1.58%
Current Estimated Value
$500,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,384
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Nov 25, 1997
Sold by
Wright David
Bought by
Broome Harriette

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
7.28%

Purchase Details

Closed on
Jun 5, 1992
Sold by
Meibach Richard C and Meibach Cynthia M
Bought by
Wright David and Wright Mancuso,Antonia
Source: Public Records

Range of Values:

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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
388 Cotswold Place Llc $305,000 East Coast Title Agency
Broome Harriette $135,000 --
Wright David $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broome Harriette $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $305,000 -1.6% $183 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $309,900 -- $186 / Sq Ft
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
2025 $6,656 $432,600 $165,000 $267,600
2024 $6,656 $366,100 $165,000 $201,100
2023 $6,683 $346,100 $145,000 $201,100
2022 $6,035 $296,100 $95,000 $201,100
2021 $6,337 $286,100 $85,000 $201,100
2020 $6,251 $276,100 $75,000 $201,100
2019 $6,241 $271,100 $70,000 $201,100
2018 $6,213 $267,100 $70,000 $197,100
2017 $6,117 $262,100 $65,000 $197,100
2016 $6,162 $262,100 $65,000 $197,100
2015 $6,003 $257,100 $60,000 $197,100
2014 $5,918 $257,100 $60,000 $197,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3637591

Garden State MLS

APN: 08-00417-02-00388