NOT LISTED FOR SALE

406 W Point Ave Somerset, NJ 08873

Estimated Value: $445,000 - $556,435

3 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold November 14, 2013

Last sale price $206,000

Est. 148% increase in value since last sale

Current estimated payment $3,292/month

About This Home

As of November 2013

This home is located at 406 W Point Ave, Somerset, NJ 08873 since 14 November 2013 and is currently estimated at $511,609. 406 W Point Ave is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

Last Agent to Sell the Property

Mitchell Schanen

C-21 CHARLES SMITH AGENCY Brokerage Phone: 732-985-1515 Listed on: 11/14/2013

Last Buyer's Agent

DAWN MASCIA

RE/MAX CLASSIC GROUP

RE/MAX CLASSIC GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,958

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,958

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 406
  • I D: 4363480
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 732-985-1515
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 80X200
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Caracter Cynthia H and Caracter James Adelbert
Bought by
Caracter Cynthia H
Current Estimated Value
$511,609

Purchase Details

Listed on
Nov 14, 2013
Closed on
Nov 12, 2013
Sold by
Federal National Mortgage Association
Bought by
Tucker Cynthia
Seller's Agent
Mitchell Schanen
C-21 CHARLES SMITH AGENCY
Buyer's Agent
DAWN MASCIA
RE/MAX CLASSIC GROUP
Sold Price
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$234,857
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 14, 2013
Closed on
Oct 16, 2013
Sold by
Lugo Lori A and Lugo Gerson
Bought by
Federal National Mortgage Association
Seller's Agent
Mitchell Schanen
C-21 CHARLES SMITH AGENCY
Buyer's Agent
DAWN MASCIA
RE/MAX CLASSIC GROUP
Sold Price
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,857
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2007
Sold by
Raffauf Alan R and Raffauf Leigh A
Bought by
Lugo Gerson and Lugo Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,875
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Moniqu Elise
Bought by
Raffauf Alan and Berry Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,250
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1999
Sold by
Carrier Ken
Bought by
Kurdoughli Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,651
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1996
Sold by
Salamon Joe
Bought by
Carrier Ken and Carrier Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.75%
Mortgage Type
VA

Purchase Details

Closed on
Aug 31, 1994
Sold by
Peterson Sam
Bought by
Salamon Joseph and Salamon Erika

Purchase Details

Closed on
Jan 21, 1992
Sold by
Peterson Lillie M Administratrix
Bought by
Dargen Alma and Dargen Peterson,S
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
Caracter Cynthia H -- None Listed On Document
Tucker Cynthia $206,000 Land Title Services
Federal National Mortgage Association $307,878 Land Title Services
Lugo Gerson $292,500 None Available
Raffauf Alan $203,900 --
Kurdoughli Elise $165,000 --
Carrier Ken $129,000 --
Salamon Joseph $60,000 --
Dargen Alma $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucker Cynthia $234,857
Previous Owner Federal National Mortgage Association $234,857
Previous Owner Lugo Gerson $277,875
Previous Owner Raffauf Alan $202,250
Previous Owner Kurdoughli Elise $163,651
Previous Owner Carrier Ken $132,000
Closed Caracter Cynthia H $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2013 11/14/13 Sold $206,000 -- --
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 $6,958 $439,900 $256,100 $183,800
2024 $6,958 $381,900 $256,100 $125,800
2023 $6,827 $351,900 $226,100 $125,800
2022 $5,978 $291,900 $166,100 $125,800
2021 $5,838 $261,900 $136,100 $125,800
2020 $5,647 $246,900 $121,100 $125,800
2019 $5,375 $231,900 $106,100 $125,800
2018 $4,963 $211,900 $86,100 $125,800
2017 $4,864 $206,900 $81,100 $125,800
2016 $4,834 $203,900 $78,100 $125,800
2015 $4,825 $204,900 $79,100 $125,800
2014 $4,777 $205,900 $80,100 $125,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mitchell Schanen

    C-21 CHARLES SMITH AGENCY

    (732) 715-3709

    32 Total Sales

    Mitchell Schanen
    Section Image
  • DAWN MASCIA

    Buyer's Agent in 2013

    DAWN MASCIA

    RE/MAX

    22 in this area

    43 Total Sales

    DAWN MASCIA
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3063458

Garden State MLS

APN: 08-00349-01-00072

New Jersey Somerset County Somerset 08873

406 W Point Ave, Somerset, NJ

This home is located at 406 W Point Ave, Somerset, NJ 08873 since 14 November 2013 and is currently estimated at $511,609. 406 W Point Ave is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

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