NOT LISTED FOR SALE

5 Nottingham Way Somerset, NJ 08873

Estimated Value: $426,936 - $430,000

2 Beds
2.5 Baths
1,184 Sq Ft
1,359 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $265,000 $224 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,810/month

26 Days on Market

Highlights

  • Eat-In Kitchen
  • Patio
  • Ceramic Tile Flooring
  • Walk-In Closet
  • Entrance Foyer
  • Forced Air Heating System

About This Home

As of September 2020

Welcome to Quailbrook in desirable Franklin Twp! You'll be more than pleased with the updated aesthetic and trendy designs all through. You're welcomed inside to bright & airy home featuring gorgeous laminate flooring, cooling neutral tones, recessed lights & tons of natural light. LR is spacious w/access to a private fenced in patio. A pass through to the kitchen makes for easy conversation & effortless entertaining! Bay Window in the dining nook adds a nice touch to the space. Great cab & counter space, too! An abundance of storage throughout the main lvl makes it easy to safe keep your belongings. half bath completes the 1st flr. Laundry on the 2nd lvl is very convenient. Both BRs are a good size. Master Suite w/chic barn doors, built in shelving & private full bath. Updated guest bath rounds out the home. You can have all of this for a low HOA & an unbeatable location! Just mins to Rt 287 & Rt 1, Rutgers Univ & plenty of local amenities. Truly, a MUST SEE!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 08/05/2020

RE/MAX 1st ADVANTAGE

Co-Listed By

Andrew Campbell

REDFIN CORPORATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,903

Year Built

  • Built in 1985

Lot Details

  • 1,359

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Patio
  • Fenced

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, maintenance structure, snow removal, trash, ground maintenance
  • Quailbrook Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $236

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,903

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0312
  • Lot Size: 20x68
  • Co List Office Mls Id: RFIR03
  • Ownership: Condominium
  • Subdivision Name: Quailbrook
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower, Two Sinks
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Bath Other, Dining Room, Entrance Foyer, Kitchen, Living Room, 2 Bedrooms, Bath Main, Bath Second
  • Living Area: 1184
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Level
  • Pool Features: No, None
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Site, Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Snow Removal, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 1359
  • Zoning: CR

Multi Family

  • Maintenance Expense: 236

Tax Info

  • Tax Annual Amount: 4903
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 1, 2020
Sold by
Temple Amanda
Bought by
Newbury Tiffany
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$427,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,984
Avg. Annual Appreciation
9.04%
Original Mortgage
$251,750
Outstanding Balance
$225,933
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,789

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 22, 2020
Sold by
Temple Amanda
Bought by
Newbury Tiffany
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$225,933
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,789

Purchase Details

Closed on
Jan 12, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Temple Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2015
Sold by
Grubbs Corey S
Bought by
Christiana Trust and Rbshd 2013 1 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.67%

Purchase Details

Closed on
Jan 31, 2007
Sold by
Executrix Dominick Frezza
Bought by
Grubbs Corey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,992
Interest Rate
6.22%

Purchase Details

Closed on
Apr 26, 1996
Sold by
Galietti Nancy
Bought by
Madana Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.81%
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
Newbury Tiffany $265,000 First American Title
Newbury Tiffany $265,000 First American Title Ins Co
Temple Amanda $195,000 Attorney
Christiana Trust -- --
Grubbs Corey S $265,000 --
Madana Helen $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbury Tiffany $251,750
Closed Newbury Tiffany $251,750
Closed Newbury Tiffany $251,750
Previous Owner Temple Amanda $156,000
Previous Owner Christiana Trust --
Previous Owner Grubbs Corey S $262,992
Previous Owner Madana Helen $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $265,000 0.0% $224 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $265,000 -- $224 / 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 $5,781 $318,000 $180,000 $138,000
2023 $5,561 $288,000 $150,000 $138,000
2022 $5,564 $273,000 $135,000 $138,000
2021 $5,161 $233,000 $95,000 $138,000
2020 $5,162 $228,000 $90,000 $138,000
2019 $4,903 $213,000 $75,000 $138,000
2018 $4,954 $213,000 $75,000 $138,000
2017 $4,738 $203,000 $65,000 $138,000
2016 $4,655 $198,000 $60,000 $138,000
2015 $4,623 $198,000 $60,000 $138,000
2014 $4,558 $198,000 $60,000 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2102340

All Jersey MLS

APN: 08-00417-02-00005