NOT LISTED FOR SALE

5 Tallman Ln Somerset, NJ 08873

Estimated Value: $588,000 - $647,000

2 Beds
2 Baths
1,826 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $509,000 $279 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,302/month

26 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Cathedral Ceiling
  • Indoor Pool
  • Ranch Style House
  • Wood Flooring

About This Home

As of March 2022

This rare and sought after Concorde Model is ready to be moved in. It was just completely painted, situated on a great lot, an outside vent added to the microwave for venting cooking, newer hot water heater, newer washer/dryer and so much more! As you enter the home there is a beautiful living room/office with vaulted ceilings and a wall of windows! There is so much natural light! On the other side of the entrance foyer is a formal dining room with a walk-in bay window with an abundance of natural light. The master suite is just beautiful with a wall of windows/newer carpeting/two walk-in closets/en suite bathroom with a stall shower, soaking tub, double sinks and more. Another highlight is the large eat-in kitchen which opens to both the sunroom, the family room and offers a large center island w/ Corian countertops. Down the hall there is also another large guest bedroom with an adjacent full bath.

Last Agent to Sell the Property

Aaron Collins

RE/MAX CLASSIC GROUP Listed on: 01/14/2022

RE/MAX CLASSIC GROUP

Last Buyer's Agent

Anne W. Cohen

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,594

Year Built

  • Built in 2003

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,826 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Indoor Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00513-0012-00003-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, trash collection

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,594

Year Built

Built in 2003

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 2003
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 5
  • Directions: School House Road to "main entrance of Canal Walk" proceed down Canal Walk Blvd to (L) on Tallman Lane to #5 on the (R)
  • I D: 5123998
  • Modified: 2023-03-23
  • Number Images: 34
  • Section Subdiv Development: CANAL WALK
  • First Name: AARON P.
  • First Name3: ANNE W.
  • Last Name: COLLINS
  • Last Name3: COHEN
  • Office Phone: 908-698-4701
  • Attribution Contact: 908-698-4500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Stackable Washer/Dryer, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Security System, Smoke Detector, SoakTub, StallTub, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 15x12
  • Kitchen Level: First
  • Living Room Dim: 16x11
  • Living Room Level: First
  • Other Room1 Dim: 18x07
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Dim: 8x6
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 10x6
  • Other Room3 Level: First
  • Other Room 4: Foyer
  • Other Room4 Dim: 8x5
  • Other Room4 Level: First
  • Estimated Sq Ft: 1826
  • Phone: 908-698-4500

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Patio, Sidewalk, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, Club House, Exercise Room, Jogging/Biking Path, Pool-Indoor
  • Association Maintenance Fee: 280
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

Lot Info

  • Lot Size: .1308 AC
  • Assessed Improvement Value: 230500
  • Assessed Land Value: 149100
  • Assessment: 379600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13
  • Zoning: residential

Rental Info

  • Application Fee: 500
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8594
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00513-0012-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.264
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 17, 2022
Sold by
Sharma and Dushyant
Bought by
Desrochers David A and Desrochers Catherine H
Seller's Agent
Aaron Collins
RE/MAX CLASSIC GROUP
Buyer's Agent
Anne W. Cohen
COMPASS NEW JERSEY, LLC
List Price
$519,999
Sold Price
$509,000
Premium/Discount to List
-$10,999
-2.12%
Current Estimated Value
$615,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,983
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Oct 10, 2021
Sold by
Feinstein Sheryl and Estate Of William And Alice Fe
Bought by
Sharma Deepa and Sharma Dushyant

Purchase Details

Closed on
Oct 15, 2003
Sold by
Canal Walk Associates
Bought by
Feinstein William and Feinstein Alice
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
Desrochers David A $509,000 Fidelity National Title
Sharma Deepa $490,000 Fidelity National Ttl Ins Co
Feinstein William $309,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2022 03/22/22 Sold $509,000 -2.1% $279 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $519,999 +6.1% $285 / Sq Ft
12/14/2021 12/14/21 Sold $490,000 0.0% $268 / Sq Ft View Prior Sale
11/17/2021 11/17/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $490,000 -- $268 / 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
2025 $9,072 $537,700 $220,300 $317,400
2024 $9,072 $499,000 $267,800 $231,200
2023 $8,981 $465,100 $234,600 $230,500
2022 $8,704 $427,100 $196,600 $230,500
2021 $8,105 $379,600 $149,100 $230,500
2020 $8,594 $379,600 $149,100 $230,500
2019 $8,738 $379,600 $149,100 $230,500
2018 $8,609 $370,100 $139,600 $230,500
2017 $8,764 $375,500 $139,600 $235,900
2016 $8,492 $361,200 $125,300 $235,900
2015 $7,769 $332,700 $96,800 $235,900
2014 $7,659 $332,700 $96,800 $235,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3759103

Garden State MLS

APN: 08-00513-12-00003