NOT LISTED FOR SALE

Estimated Value: $533,014 - $568,000

3 Beds
2 Baths
1,840 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $315,000 $171 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,625/month

65 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Thermal Windows
  • Beach Access
  • Wood Flooring
  • Solar Water Heater

About This Home

As of September 2016

What started out as a one room school house in 1853, is now a fabulous 3 bed 2 bath ranch with breathtaking landscape. The home open to a large room with soaring ceilings, open floor plan, gorgeous hw and original details. This home is one of a kind.

Last Agent to Sell the Property

Michelle Rockwell

Residential Properties Ltd. Listed on: 06/23/2016

Residential Properties Ltd.

Last Buyer's Agent

Jack McVicker

RE/MAX Profnl. Newport, Inc. License #RES.0030718

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,265

Year Built

  • Built in 1853

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Crawl Space

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System

Outdoor Features

  • Beach Access
  • River Access
  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0073
  • Assessor Parcel Number 53AVONSTSOMR

Community Details

Recreation

  • Marina

Additional Features

  • Somerset Village Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,265

Year Built

Built in 1853

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: SOMERSET VILLAGE
  • Above Grade Finished Sq Ft: 1840.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1853
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Solar Hot Water, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1840.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Waterfront Features: Beach Access, River Access, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Solar
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 53AVONSTSOMR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4265.0
  • Tax Lot: 0073
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 27, 2016
Sold by
Howard Marie E and Hom Danny T
Bought by
Layne Edward and Layne Susan
Seller's Agent
Michelle Rockwell
Residential Properties Ltd.
Buyer's Agent
Jack McVicker
RE/MAX Profnl. Newport, Inc.
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Current Estimated Value
$551,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,754
Avg. Annual Appreciation
6.95%
Original Mortgage
$248,000
Outstanding Balance
$201,409
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$365,002

Purchase Details

Closed on
Nov 6, 2008
Sold by
Hom Danny T and Howard Marie E
Bought by
Hom Danny T and Howard John David

Purchase Details

Closed on
Jul 11, 1997
Sold by
Riverbay Dev Co
Bought by
Howard Marie E and Hom Danny T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1997
Sold by
Somerset Womens Club
Bought by
Menezes Herbert J
Source: Public Records

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Range of Values:

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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
Layne Edward $315,000 --
Howard Marie E -- --
Hom Danny T -- --
Hom Danny T -- --
Howard Marie E $115,000 --
Menezes Herbert J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layne Edward $248,000
Previous Owner Menezes Herbert J $125,000
Previous Owner Menezes Herbert J $93,450
Previous Owner Hom Danny T $25,000
Previous Owner Menezes Herbert J $90,000
Previous Owner Menezes Herbert J $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $315,000 -9.7% $171 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $349,000 -- $190 / Sq Ft
Source: State-Wide 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 $6,610 $497,000 $177,600 $319,400
2024 $6,138 $479,900 $177,600 $302,300
2023 $5,714 $450,600 $154,200 $296,400
2022 $5,303 $399,000 $132,800 $266,200
2021 $5,358 $365,000 $119,800 $245,200
2020 $5,220 $343,000 $120,100 $222,900
2019 $5,811 $318,400 $120,100 $198,300
2018 $5,146 $303,400 $114,900 $188,500
2017 $4,239 $243,600 $109,600 $134,000
2016 $4,265 $243,600 $109,600 $134,000
2015 $3,971 $228,900 $104,700 $124,200
2014 $5,243 $217,100 $101,700 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1129751

State-Wide MLS

APN: SOME-000002D-000000-000073