$1,900,000
SOLD DEC 20, 2024

418 Route 601 Belle Mead, NJ 08502

5 Beds
5 Baths
7,537 Sq Ft
10.57 Acres

Recently Sold

$252 Per Sq Ft

9% Below List Price

90 Days on Market

About This Home

As of December 2024

This home is located at 418 Route 601, Belle Mead, NJ 08502 and is currently priced at $1,900,000, approximately $252 per square foot. 418 Route 601 is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Village Elementary School, and Montgomery Lower Mid School.

Last Agent to Sell the Property

Marycoleen Grosso

QUEENSTON REALTY Brokerage Phone: 609-924-5353 Listed on: 08/07/2024

QUEENSTON REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,415

Lot Details

  • 10.57 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,415

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 418
  • I D: 5255212
  • Modified: 2025-01-01
  • Number Images: 1
  • Attribution Contact: 609-924-5353
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 10.57 AC.
  • Total Acres: 10.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Dec 10, 2024
Sold by
Grosso Richard M and Grosso Mary
Bought by
Billa Sushikshit and Yenugu Divya Reddy
Seller's Agent
Marycoleen Grosso
QUEENSTON REALTY
List Price
$2,099,000
Sold Price
$1,900,000
Premium/Discount to List
-$199,000
-9.48%
Views
351
Current Estimated Value
$1,988,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,655
Avg. Annual Appreciation
2.71%
Original Mortgage
$900,000
Outstanding Balance
$896,214
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,038,679
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 Type Sale Price Title Company
Deed $1,900,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $249,000 Credit Line Revolving
Previous Owner $600,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $1,900,000 -2.5% $252 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $1,949,000 -7.1% $259 / Sq Ft
08/07/2024 08/07/24 For Sale $2,099,000 -- $278 / 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
2024 $44,415 $1,296,400 $310,200 $986,200
2023 $44,376 $1,296,400 $310,200 $986,200
2022 $41,770 $1,296,400 $310,200 $986,200
2021 $41,420 $1,296,400 $310,200 $986,200
2020 $41,083 $1,296,400 $310,200 $986,200
2019 $37,845 $1,202,200 $216,000 $986,200
2018 $36,968 $1,202,200 $216,000 $986,200
2017 $36,330 $1,202,200 $216,000 $986,200
2016 $35,693 $1,202,200 $216,000 $986,200
2015 $34,876 $200,000 $200,000 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marycoleen Grosso

    Seller's Agent in 2024

    Marycoleen Grosso

    QUEENSTON REALTY

    (908) 672-0888

    3 in this area

    37 Total Sales

    Marycoleen Grosso
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3917624

Garden State MLS

APN: 13-01001-0000-00035-04

New Jersey Somerset County Belle Mead 08502

418 Route 601, Belle Mead, NJ

This home is located at 418 Route 601, Belle Mead, NJ 08502 and is currently priced at $1,900,000, approximately $252 per square foot. 418 Route 601 is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Village Elementary School, and Montgomery Lower Mid School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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