40 Sherborne St Somerset, NJ 08873
Estimated Value: $500,000 - $517,337
--
Bed
--
Bath
1,834
Sq Ft
$279/Sq Ft
Est. Value
About This Home
This home is located at 40 Sherborne St, Somerset, NJ 08873 and is currently estimated at $510,834, approximately $278 per square foot. 40 Sherborne St is a home located in Somerset County with nearby schools including Franklin High School, Cheder Menachem, and St. Augustine of Canterbury School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2013
Sold by
Varadarajan Srinivasan and Srinivasan Aditi
Bought by
Jones Timothy J and Woolley Katherine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,750
Outstanding Balance
$167,405
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$343,429
Purchase Details
Closed on
May 27, 2005
Sold by
Eccleston Sharon T
Bought by
Varadarajan Srinivasan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.79%
Purchase Details
Closed on
Nov 11, 1997
Sold by
Whitehall Manor Inc
Bought by
Eccleston Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.23%
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Timothy J | $247,500 | Agent For Stewart Title Gu | |
| Varadarajan Srinivasan | $340,000 | -- | |
| Eccleston Sharon | $133,340 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Timothy J | $222,750 | |
| Previous Owner | Varadarajan Srinivasan | $272,000 | |
| Previous Owner | Eccleston Sharon | $127,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,171 | $457,500 | $160,000 | $297,500 |
| 2024 | $7,171 | $397,700 | $175,000 | $222,700 |
| 2023 | $6,869 | $357,400 | $135,000 | $222,400 |
| 2022 | $6,437 | $317,400 | $95,000 | $222,400 |
| 2021 | $6,453 | $292,400 | $70,000 | $222,400 |
| 2020 | $6,266 | $277,400 | $55,000 | $222,400 |
| 2019 | $6,234 | $272,600 | $45,000 | $227,600 |
| 2018 | $6,198 | $268,300 | $45,000 | $223,300 |
| 2017 | $6,106 | $263,300 | $40,000 | $223,300 |
| 2016 | $6,135 | $262,300 | $39,000 | $223,300 |
| 2015 | $6,116 | $263,300 | $40,000 | $223,300 |
| 2014 | $6,001 | $262,300 | $39,000 | $223,300 |
Source: Public Records
Map
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