5 Vernon Ave Somerset, NJ 08873
Estimated Value: $483,000 - $550,000
--
Bed
--
Bath
1,548
Sq Ft
$338/Sq Ft
Est. Value
About This Home
This home is located at 5 Vernon Ave, Somerset, NJ 08873 and is currently estimated at $522,455, approximately $337 per square foot. 5 Vernon Ave is a home located in Somerset County with nearby schools including Franklin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 8, 2007
Sold by
Lasalle Bank Na
Bought by
Lewis Lela Mae
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 11, 2000
Sold by
Ransom Edward
Bought by
Skinner Jason and Mcdonald Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,192
Interest Rate
8.13%
Mortgage Type
FHA
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 |
---|---|---|---|
Lewis Lela Mae | $310,000 | Fidelity National Title Insu | |
Skinner Jason | $174,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lewis Lela Mae | $284,000 | |
Closed | Lewis Lela Mae | $313,907 | |
Previous Owner | Lewis Lela Mae | $300,700 | |
Previous Owner | Skinner Jason | $168,192 |
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 | $8,527 | $468,000 | $275,200 | $192,800 |
2023 | $8,350 | $430,400 | $237,600 | $192,800 |
2022 | $8,405 | $410,400 | $217,600 | $192,800 |
2021 | $8,256 | $370,400 | $177,600 | $192,800 |
2020 | $7,899 | $345,400 | $152,600 | $192,800 |
2019 | $7,775 | $335,400 | $142,600 | $192,800 |
2018 | $7,387 | $315,400 | $122,600 | $192,800 |
2017 | $7,180 | $305,400 | $112,600 | $192,800 |
2016 | $7,170 | $302,400 | $109,600 | $192,800 |
2015 | $7,145 | $303,400 | $110,600 | $192,800 |
2014 | $7,062 | $304,400 | $111,600 | $192,800 |
Source: Public Records
Map
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