NOT LISTED FOR SALE

39 Somerset Place Matawan, NJ 07747

Estimated Value: $899,000 - $1,228,000

4 Beds
5 Baths
3,200 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $925,000 $289 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,574/month

9 Days on Market

Highlights

  • Heated In Ground Pool
  • Colonial Architecture
  • 2 Fireplaces
  • Matawan Reg High School Rated A-
  • Marble Flooring
  • Bonus Room

About This Home

As of August 2021

DREAMS DO COME TRUE! IMMACULATE & STUNNING Center Hall Colonial located on a cul-de-sac with a beautiful gourmet eat-in Kitchen, huge Pantry/Mud Room, Has views of your RESORT LIKE backyard perfect for entertaining that features a Cabana w/ bath, Outdoor Kitchen built in bbq, new retractable awning, TV, in-ground heated pool with all new equipment and liner. Whole house generator. Newer HVAC and Water heater.4 bds all with custom closets, Master features an amazing brand new HUGE WALK -IN CUSTOM CLOSET. Minutes from NYC train, easy commute, and plenty of restaurants, gyms, & shopping. Enjoy fishing, canoeing and kayaking at the Lake near by. IT'S A MUST SEE!

Last Agent to Sell the Property

Lani Cappellini

C21/ Mack Morris Iris Lurie License #2075677 Listed on: 06/07/2021

C21/ Mack Morris Iris Lurie

Last Buyer's Agent

Amy Arnone

Jason Mitchell Real Estate New Jersey License #2075457

Jason Mitchell Real Estate New Jersey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,579

Year Built

  • Built in 1992

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 105 x 143
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Awning
  • Blinds
  • French Doors
  • Sliding Doors
  • Bonus Room
  • Center Hall
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Vinyl Pool

Outdoor Features

  • Shed
  • Outdoor Grill

Schools

  • Matawan Avenue Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-00123-0000-00033-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,579

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • ResoPoolFeatures: Heated, In Ground, Vinyl
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Awnings, Fireplace Equipment, Gas Cooking, Generator
  • Subdivision Name: Magnolia Manor
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Marble, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bonus Room, Built-Ins, Center Hall, French Doors, Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1992
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.34
  • General Property Info Lot Dimensions: 105 x 143
  • Location Middle School: Matawan Avenue
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Included BlindsShades: Yes
  • Exterior Sprinkler Under: Yes
  • Included Window Treatments: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Pool Vinyl2: Yes
  • Utilities Included Generator: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen French Doors5: Yes
  • Basement Heated: Yes
  • Lot Description Cul-De-Sac: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Interior Bonus Room: Yes
  • Included Awnings: Yes
  • Floors Marble: Yes
  • Dining Room French Doors3: Yes
  • Basement Fireplace - Gas8: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.34
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: BBQ, Fence, Shed, Sprinkler Under, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 105 x 143
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 31-00123-0000-00033-03
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 19579.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 5, 2021
Sold by
Ross Charles and Ross Tara
Bought by
Desposito Gerard T and Desposito Janet F
Seller's Agent
Lani Cappellini
C21/ Mack Morris Iris Lurie
Buyer's Agent
Amy Arnone
Jason Mitchell Real Estate New Jersey
List Price
$849,000
Sold Price
$925,000
Premium/Discount to List
$76,000
8.95%
Current Estimated Value
$1,090,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,344
Avg. Annual Appreciation
4.34%
Original Mortgage
$400,000
Outstanding Balance
$367,625
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$729,661

Purchase Details

Listed on
Aug 2, 2015
Closed on
Dec 1, 2015
Sold by
Acquafredda Daniel J and Acquafredda Joni M
Bought by
Ross Charles and Ross Tara
Seller's Agent
Lori Merendino
Keller Williams Shore Properties
Buyer's Agent
Gloria Zimmerman
Gloria Nilson & Co. Real Estate
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$390,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

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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
Desposito Gerard T $925,000 Chicago Title Insurance Co
Ross Charles $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desposito Gerard T $400,000
Previous Owner Ross Charles $438,000
Previous Owner Ross Charles L $50,000
Previous Owner Ross Charles $390,000
Previous Owner Ross Charles --
Previous Owner Ross Charles $390,000
Previous Owner Acquafredda Daniel J $300,000
Previous Owner Acquafredda Daniel J $204,130
Previous Owner Acquafredda Daniel J $150,000
Previous Owner Acquafredda Daniel J $230,000
Previous Owner Acquafredda Daniel L $150,000
Previous Owner Acquafredda Daniel J $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $925,000 +9.0% $289 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $849,000 +32.7% $265 / Sq Ft
11/17/2015 11/17/15 Sold $640,000 -- $202 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $19,253 $881,600 $309,000 $572,600
2023 $19,253 $885,600 $319,000 $566,600
2022 $19,649 $781,100 $241,500 $539,600
2021 $14,719 $723,200 $231,500 $491,700
2020 $19,579 $715,600 $226,500 $489,100
2019 $18,660 $683,500 $206,500 $477,000
2018 $17,829 $642,500 $171,500 $471,000
2017 $16,994 $603,700 $166,500 $437,200
2016 $16,205 $588,000 $156,500 $431,500
2015 $15,338 $560,800 $146,500 $414,300
2014 $15,808 $580,100 $151,500 $428,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118123

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00123-0000-00033-03