42 W Lake Ct Somerset, NJ 08873
Estimated Value: $442,398 - $477,000
--
Bed
--
Bath
1,628
Sq Ft
$284/Sq Ft
Est. Value
About This Home
This home is located at 42 W Lake Ct, Somerset, NJ 08873 and is currently estimated at $462,600, approximately $284 per square foot. 42 W Lake Ct is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2021
Sold by
Brown Marquel
Bought by
Watkins Gwendolyn
Current Estimated Value
Purchase Details
Closed on
Aug 29, 2016
Sold by
Nelabhotla Sugath and Nelabhotla Madhu
Bought by
Watkins Gwendolyn and Brown Marquel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,850
Interest Rate
3.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2004
Sold by
Sehgal Naveen
Bought by
Nelabhotla Sugath and Bharathula Madhu
Purchase Details
Closed on
Nov 22, 1995
Sold by
Coloney Robert
Bought by
Sehgal Maveen and Sehgal Rashmi
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
7.37%
Purchase Details
Closed on
Jul 10, 1992
Sold by
Vizzoni Pasquale and Vizzoni Anna
Bought by
Coloney Robert J and Coloney Diane
Create a Home Valuation Report for This Property
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 |
---|---|---|---|
Watkins Gwendolyn | -- | None Available | |
Watkins Gwendolyn | $263,000 | None Available | |
Nelabhotla Sugath | $269,500 | -- | |
Sehgal Maveen | $131,000 | -- | |
Coloney Robert J | $125,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Watkins Gwendolyn | $11,369 | |
Previous Owner | Watkins Gwendolyn | $249,850 | |
Previous Owner | Belabhotla Sugath | $50,000 | |
Previous Owner | Nelabhotla Sugath | $195,000 | |
Previous Owner | Sehgal Maveen | $127,000 | |
Closed | Nelabhotla Sugath | -- |
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 |
---|---|---|---|---|
2024 | $6,487 | $356,800 | $160,000 | $196,800 |
2023 | $6,818 | $353,100 | $140,000 | $213,100 |
2022 | $6,687 | $328,100 | $115,000 | $213,100 |
2021 | $6,603 | $298,100 | $85,000 | $213,100 |
2020 | $6,296 | $278,100 | $65,000 | $213,100 |
2019 | $6,057 | $263,100 | $50,000 | $213,100 |
2018 | $5,908 | $254,000 | $45,000 | $209,000 |
2017 | $5,695 | $244,000 | $35,000 | $209,000 |
2016 | $5,619 | $239,000 | $30,000 | $209,000 |
2015 | $5,931 | $254,000 | $45,000 | $209,000 |
2014 | $5,617 | $244,000 | $35,000 | $209,000 |
Source: Public Records
Map
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