NOT LISTED FOR SALE

501 Elizabeth Ave Somerset, NJ 08873

Estimated Value: $476,000 - $788,366

4 Beds
1 Bath
-- Sq Ft
5.88 Acres

Last Sold June 01, 2015

Last sale price $244,000

Est. 176% increase in value since last sale

Current estimated payment $4,521/month

About This Home

As of June 2015

This home is located at 501 Elizabeth Ave, Somerset, NJ 08873 since 01 June 2015 and is currently estimated at $673,342. This property was built in 1956. 501 Elizabeth Ave is a home with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Thomas Edison EnergySmart Charter School.

Last Agent to Sell the Property

Brian Graham

COLDWELL BANKER REALTY Listed on: 06/01/2015

COLDWELL BANKER REALTY

Last Buyer's Agent

DAWN MASCIA

RE/MAX CLASSIC GROUP

RE/MAX CLASSIC GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,223

Year Built

  • Built in 1956

Lot Details

  • 5.88 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,223

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • County Name: Somerset
  • Street Number Display: 501
  • I D: 4504644
  • Modified: 2016-06-02
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 5.88 ACRES
  • Total Acres: 5.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
May 27, 2015
Sold by
Wilmington Trust Na
Bought by
Delaney Miles
Seller's Agent
Brian Graham
COLDWELL BANKER REALTY
Buyer's Agent
DAWN MASCIA
RE/MAX CLASSIC GROUP
Sold Price
$244,000
Current Estimated Value
$673,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,342
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Sanders Rachel
Bought by
Citibank Na

Purchase Details

Closed on
May 24, 2007
Sold by
Metcalf Hubert and Fuschino Lu Ann
Bought by
Sanders Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 1997
Sold by
Estate Of Carl J Wiget
Bought by
Metcalf Hubert and Lu Ann Fuschino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Delaney Miles $244,000 Simplicity Title
Citibank Na $2,289 None Available
Sanders Rachel A $650,000 None Available
Metcalf Hubert $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders Rachel A $130,000
Previous Owner Sanders Rachel A $520,000
Previous Owner Metcalf Hubert $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $244,000 -- --
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 $10,223 $562,300 $385,700 $176,600
2023 $8,657 $448,300 $271,700 $176,600
2022 $8,494 $416,800 $240,200 $176,600
2021 $7,854 $354,600 $204,200 $150,400
2020 $8,028 $354,600 $204,200 $150,400
2019 $7,993 $347,200 $204,200 $143,000
2018 $8,076 $347,200 $204,200 $143,000
2017 $7,894 $338,200 $195,200 $143,000
2016 $8,057 $342,700 $199,700 $143,000
2015 $10,925 $467,900 $199,700 $268,200
2014 $10,750 $467,000 $198,800 $268,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Graham

    Seller's Agent in 2015

    Brian Graham

    COLDWELL BANKER REALTY

    (908) 874-4700

    1 in this area

    18 Total Sales

    Section Image
  • DAWN MASCIA

    Buyer's Agent in 2015

    DAWN MASCIA

    RE/MAX

    21 in this area

    40 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3194283

Garden State MLS

APN: 08-00507-14-00056

New Jersey Somerset County Somerset 08873

501 Elizabeth Ave, Somerset, NJ

This home is located at 501 Elizabeth Ave, Somerset, NJ 08873 since 01 June 2015 and is currently estimated at $673,342. This property was built in 1956. 501 Elizabeth Ave is a home with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Thomas Edison EnergySmart Charter School.

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