NOT LISTED FOR SALE

4106 Chesterwood Way Somerset, NJ 08873

Estimated Value: $482,000 - $491,000

2 Beds
2 Baths
1,751 Sq Ft
653 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $415,000 $237 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,253/month

139 Days on Market

Highlights

  • Fitness Center
  • Senior Community
  • Sauna
  • Private Pool
  • Wood Flooring
  • Tennis Courts

About This Home

As of September 2023

Elegance and convenience describes this beautiful first floor corner unit at sought after Somerset Run. Step inside and be welcomed by the bright and open floor plan that will lead you from the entryway to the dining room to living room featuring triple slider out to your own large covered patio with storage closet. Once back inside you will find a cozy den with glass French doors, open kitchen with custom tile back-splash, pantry and laundry/storage, large guest room and full guest bath. The other side of the unit holds a fabulous master suite featuring a large bedroom, spacious en-suite with stall shower and walk in closet. Add to all this the gated/secure community and the stunning clubhouse with game rooms, meeting rooms, kitchen, indoor and outdoor pools as well as bocce ball, horseshoe, tennis and activities galore and you have a perfect community to come home to! Convenient to all major highways, shopping, public transportation and culture!

Last Agent to Sell the Property

Courtney Orlando

COMPASS NEW JERSEY, LLC Listed on: 05/12/2023

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,104

Year Built

  • Built in 2005

Lot Details

  • 653

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,751 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • Association fees include snow removal, trash
  • Somerset Run Bldg 4000 Subdivision
  • The community has rules related to vehicle restrictions

Amenities

  • Sauna
  • Community Kitchen
  • Billiard Room

Recreation

  • Tennis Courts
  • Fitness Center

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $640

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,104

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Somerset Run Bldg 4000
  • Architectural Style: Development Home
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: 1st Floor, Full Bath, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Pantry, Eat-in Kitchen
  • Room Bedroom2 Area: 120
  • Room Living Room Area: 210
  • Room Kitchen Area: 135
  • Master Bedroom Master Bedroom Width: 14
  • Room Master Bedroom Area: 196
  • Room Dining Room Area: 99
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Accessibility Features: Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Main, Bath Other, Den, Storage, Dining Room, None
  • Living Area: 1751
  • Stories: 1

Exterior Features

  • Lot Features: Level
  • Pool Features: Private
  • Pool Private: Yes
  • Exterior Features: Patio, Sidewalk
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Asphalt, Garage, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Kitchen Facilities, Billiard Room, Fitness Center, Sauna, Tennis Court(s), Sidewalks
  • Senior Community: Yes
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Trash

Lot Info

  • Zoning: SCV

Multi Family

  • Maintenance Expense: 640

Tax Info

  • Tax Annual Amount: 7104
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Aug 1, 2023
Sold by
Schwalje Elaine Ann
Bought by
Gregg Richard Fremed And Noreen Marie Fremed and Fremed
Seller's Agent
Courtney Orlando
COMPASS NEW JERSEY, LLC
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
196
Current Estimated Value
$486,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,149
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
May 21, 2016
Closed on
Dec 14, 2016
Sold by
Wolfson Eugene
Bought by
Schwalje Elaine Ann
Seller's Agent
MARY LICATA
TURPIN REAL ESTATE, INC.
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Oct 17, 2005
Sold by
Pulte Communities Nj Lp
Bought by
Wolfson Samuel
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
Gregg Richard Fremed And Noreen Marie Fremed $415,000 Reside Title Services Llc
Schwalje Elaine Ann $310,000 Westcor Land Title Ins Co
Wolfson Samuel $302,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $415,000 -2.4% $237 / Sq Ft
05/12/2023 05/12/23 For Sale $425,000 +37.1% $243 / Sq Ft
12/19/2016 12/19/16 Sold $310,000 -4.6% $174 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $325,000 -- $182 / Sq Ft
Source: All Jersey 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 $7,247 $398,600 $160,000 $238,600
2023 $7,504 $388,600 $150,000 $238,600
2022 $7,104 $348,600 $110,000 $238,600
2021 $6,726 $328,600 $90,000 $238,600
2020 $7,326 $323,600 $85,000 $238,600
2019 $7,104 $308,600 $70,000 $238,600
2018 $6,945 $298,600 $60,000 $238,600
2017 $7,172 $307,300 $70,000 $237,300
2016 $7,225 $307,300 $70,000 $237,300
2015 $6,208 $287,300 $50,000 $237,300
2014 $5,768 $272,300 $35,000 $237,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2311740R

All Jersey MLS

APN: 08-00507-30-00001-09