Seller's Agent in 2022
Paul Mikhail
KELLER WILLIAMS CORNERSTONE
(732) 668-6520
6 in this area
38 Total Sales
47 1st St Somerset, NJ 08873
Estimated Value: $617,000 - $636,000
3
Beds
2
Baths
--
Sq Ft
0.63
Acres
Highlights
- 0.63 Acre Lot
- Ranch Style House
- Formal Dining Room
- Deck
- Wood Flooring
- 2 Car Attached Garage
About This Home
As of March 2022Welcome home to a beautifully updated 3 bed & 2 baths Ranch in heart of Somerset! this incredibly well maintained and modernly upgraded home features 3 large bedroom with custom closets. 2 renovated bathrooms, hardwood floors, recessed lights & new appliances. Large living room, dining room& kitchen with ample storage plus a full basement for additional living space and storage. enjoy the outdoors in the privacy of your deck & fenced in yard. Tons of natural light all through! Perfect home for commuting with easy access to all major roads including 287, RT 18, Parkway and Turnpike. nothing to do but unpack and move right in.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,710
Year Built
- Built in 1973
Lot Details
- 0.63 Acre Lot
- Fenced
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- Living Room
- Formal Dining Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- One Cooling System Mounted To A Wall/Window
- Underground Utilities
- Well
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2708-00464-0000-00014-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2022
Closed on
Mar 31, 2022
Sold by
Joseph Brahim
Bought by
Liu Ruichao
Seller's Agent
Paul Mikhail
KELLER WILLIAMS CORNERSTONE
Buyer's Agent
Xiaoyi Wu
QUEENSTON REALTY
List Price
$475,000
Sold Price
$515,000
Premium/Discount to List
$40,000
8.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,016
Avg. Annual Appreciation
4.08%
Original Mortgage
$360,500
Outstanding Balance
$336,550
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$253,629
Purchase Details
Listed on
Jan 30, 2017
Closed on
May 18, 2017
Sold by
Fannie Mae
Bought by
Brahim Joseph
Seller's Agent
INGRID IVANKOVA
ARC REAL ESTATE
Buyer's Agent
PETER GIRGIS
KELLER WILLIAMS GREATER BRUNSWICK
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%
Original Mortgage
$228,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 22, 2016
Sold by
Wilson Robert L and Estate Of Mary Lou Troychak
Bought by
Federal National Mortgage Association
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 |
|---|---|---|---|
| Liu Ruichao | $515,000 | Fidelity National Title | |
| Brahim Joseph | -- | None Available | |
| Federal National Mortgage Association | $1,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liu Ruichao | $360,500 | |
| Closed | Liu Ruichao | $360,500 | |
| Previous Owner | Brahim Joseph | $228,000 | |
| Previous Owner | Troychak Mary Lou | $81,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $515,000 | +8.4% | -- |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- |
| 01/26/2022 01/26/22 | For Sale | $475,000 | +72.7% | -- |
| 06/07/2017 06/07/17 | Sold | $275,000 | -8.3% | $1,833 / Sq Ft |
| 04/03/2017 04/03/17 | Pending | -- | -- | -- |
| 01/30/2017 01/30/17 | For Sale | $300,000 | -- | $2,000 / Sq Ft |
Source: Garden State MLS
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 | $9,226 | $507,500 | $377,400 | $130,100 |
| 2023 | $7,994 | $414,000 | $283,900 | $130,100 |
| 2022 | $7,467 | $366,400 | $233,900 | $132,500 |
| 2021 | $7,008 | $316,400 | $183,900 | $132,500 |
| 2020 | $6,711 | $296,400 | $163,900 | $132,500 |
| 2019 | $6,823 | $296,400 | $163,900 | $132,500 |
| 2018 | $7,557 | $324,900 | $148,900 | $176,000 |
| 2017 | $7,233 | $309,900 | $133,900 | $176,000 |
| 2016 | $7,168 | $304,900 | $128,900 | $176,000 |
| 2015 | $7,003 | $299,900 | $123,900 | $176,000 |
| 2014 | $6,631 | $298,900 | $122,900 | $176,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Mikhail
-
Xiaoyi Wu
Buyer's Agent in 2022
Xiaoyi Wu
QUEENSTON REALTY
(609) 375-5677
4 in this area
211 Total Sales
-
I
Seller's Agent in 2017
INGRID IVANKOVA
ARC REAL ESTATE
-
L
Seller Co-Listing Agent in 2017
LOUIS G. BARROOD
BARROOD REAL ESTATE
-
P
Buyer's Agent in 2017
PETER GIRGIS
KELLER WILLIAMS GREATER BRUNSWICK
Map
Source: Garden State MLS
MLS Number: 3760771
APN: 08-00464-0000-00014
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