NOT LISTED FOR SALE

48 Elm St Somerset, NJ 08873

Estimated Value: $349,000 - $425,082

2 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 05, 2024

Last sale price $350,000

Est. 9% increase in value since last sale

Current estimated payment $2,638/month

94 Days on Market

About This Home

As of September 2024

This home is located at 48 Elm St, Somerset, NJ 08873 since 13 May 2024 and is currently estimated at $379,771. This property was built in 1880. 48 Elm St is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Rutgers Preparatory School.

Last Agent to Sell the Property

CHARLOTTA T HENLEY

WEICHERT REALTORS Brokerage Phone: 732-525-1550 Listed on: 05/13/2024

Last Buyer's Agent

SUSAN TROPEANO

ERA BONIAKOWSKI REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,874

Year Built

  • Built in 1880

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,874

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Year Built: 1880
  • County Name: Somerset
  • Street Number Display: 48
  • I D: 5286181
  • Modified: 2024-09-06
  • Number Images: 1
  • Attribution Contact: 732-525-1550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 29, 2024
Sold by
Coleman Allison Lynn and Burger Ryan
Bought by
Tropeano Sarino and Quilty Susan
Seller's Agent
CHARLOTTA T HENLEY
WEICHERT REALTORS
Buyer's Agent
SUSAN TROPEANO
ERA BONIAKOWSKI REAL ESTATE
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Views
1659
Current Estimated Value
$379,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,771
Avg. Annual Appreciation
8.69%

Purchase Details

Listed on
Nov 14, 2020
Closed on
Mar 1, 2021
Sold by
Jaramillo Judit
Bought by
Coleman Allison Lynn and Burger Ryan
Seller's Agent
Douglas Swearengin
RE/MAX INSTYLE
Buyer's Agent
CHARLOTTA T HENLEY
WEICHERT REALTORS
List Price
$224,900
Sold Price
$222,000
Premium/Discount to List
-$2,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%
Original Mortgage
$213,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2020
Sold by
Jaramillo Robert
Bought by
Jaramillo Judit

Purchase Details

Closed on
Aug 20, 2020
Sold by
Jaramillo Robert
Bought by
Jaramillo Judit

Purchase Details

Closed on
Aug 23, 2019
Sold by
Jaramillo Judit
Bought by
Robert Jaranivllo

Purchase Details

Closed on
Dec 13, 2003
Sold by
Wolfe Ryan
Bought by
Jaramillo Robert G and Jaramillo Judy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.96%

Purchase Details

Closed on
Nov 1, 2000
Sold by
Popkivick Patricia
Bought by
Wolfe Ryan and Wolfe John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.7%
Mortgage Type
FHA
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
Tropeano Sarino $349,999 Fidelity National Title
Coleman Allison Lynn $228,800 Nuco Title Agency Inc
Jaramillo Judit -- None Listed On Document
Jaramillo Judit -- None Available
Robert Jaranivllo -- None Available
Jaramillo Robert G $170,000 --
Wolfe Ryan $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Allison Lynn $213,800
Previous Owner Jaramillo Robert G $165,000
Previous Owner Jaramillo Robert G $153,000
Previous Owner Wolfe Ryan $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $350,000 0.0% --
08/15/2024 08/15/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $349,999 -7.7% --
07/14/2024 07/14/24 For Sale $379,000 0.0% --
05/23/2024 05/23/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $379,000 +70.7% --
03/26/2021 03/26/21 Sold $222,000 -1.3% --
12/04/2020 12/04/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $224,900 -- --
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 $6,874 $378,100 $314,800 $63,300
2023 $6,529 $338,100 $274,800 $63,300
2022 $4,649 $228,100 $164,800 $63,300
2021 $5,052 $228,100 $164,800 $63,300
2020 $4,938 $218,100 $154,800 $63,300
2019 $5,021 $218,100 $154,800 $63,300
2018 $4,840 $208,100 $144,800 $63,300
2017 $4,624 $198,100 $134,800 $63,300
2016 $4,657 $198,100 $134,800 $63,300
2015 $4,742 $203,100 $139,800 $63,300
2014 $4,675 $203,100 $139,800 $63,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    CHARLOTTA T HENLEY

    WEICHERT REALTORS

  • S

    Buyer's Agent in 2024

    SUSAN TROPEANO

    ERA BONIAKOWSKI REAL ESTATE

  • Douglas Swearengin

    Seller's Agent in 2021

    Douglas Swearengin

    RE/MAX

    (732) 789-7004

    28 in this area

    111 Total Sales

    Douglas Swearengin
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Map

Source: Garden State MLS

MLS Number: 3901518

Garden State MLS

APN: 08-00073-01-00017

New Jersey Somerset County Somerset 08873

48 Elm St, Somerset, NJ

This home is located at 48 Elm St, Somerset, NJ 08873 since 13 May 2024 and is currently estimated at $379,771. This property was built in 1880. 48 Elm St is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Rutgers Preparatory School.

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