NOT LISTED FOR SALE

53 Gallop Ln Unit C0808 Somerset, NJ 08873

Estimated Value: $587,000 - $616,000

3 Beds
2.5 Baths
2,441 Sq Ft
$270/mo HOA Fee

Last Sold November 20, 2020

Last sale price $395,000 $162 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,130/month

12 Days on Market

Highlights

  • Wooded Lot
  • High Ceiling
  • 1 Car Direct Access Garage
  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of November 2020

Gorgeous, East Facing, end unit town home is perfect for you. As you enter into open space home, you will be greeted with beautiful hard wood floors and large windows. Updated kitchen with granite counter top and tiled back splash. Family room leads you to a private back yard to enjoy during cool nights. W/Plenty of room for BBQ in this secluded area. As you enter large master bedroom you will feel that you entered your private heaven of peacefulness + Large WIC for your needs. 2 Bedrooms are perfect for your needs and 2nd bathroom adjacent to laundry room. Finished basement has a private room to use as an office/study room and an entertainment area for gatherings. Plenty of space to park your 2 cars. Close to Rt 27, Rt 1, Rt 18, Turnpike, Rutgers, RWJ , public transportation.

Last Agent to Sell the Property

Rebecca Matyash

KELLER WILLIAMS GREATER BRUNSWICK Listed on: 09/18/2020

KELLER WILLIAMS GREATER BRUNSWICK

Last Buyer's Agent

GURPREET KAUR

HOMESTARR REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,117

Year Built

  • Built in 1997

Lot Details

  • Wooded Lot

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage

Home Design

  • Aluminum Siding
  • Tile

Interior Spaces

  • 2,441 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Formal Dining Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Franklin Elementary School
  • Sampson Middle School
  • Franklin High School

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 2708-00057-0001-00033-0004-C0808

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,117

Year Built

Built in 1997

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1997
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Rt 27 to Rolling Hills, First right onto Gallop Lane to number 53
  • I D: 5016898
  • Section Subdiv Development: Countryside
  • First Name: REBECCA
  • First Name3: GURPREET
  • Last Name: MATYASH
  • Last Name3: KAUR
  • Office Phone3: 303567
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Smoke Detector, Window Treatments
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: 1 Bedroom
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Den Level: Ground
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 15x9
  • Kitchen Level: Ground
  • Living Room Dim: 15x11
  • Living Room Level: Ground
  • Other Room 1: Rec Room
  • Other Room1 Dim: 24x12
  • Other Room1 Level: Basement
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 2441
  • Ground Level Rooms: Dining Room, Family Room, GarEnter, Kitchen, Living Room, Powder Room
  • Phone: 908-751-7750

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

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

  • Association Maintenance Fee: 270
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • High School: FRANKLIN
  • Middle Jr High School: SAMPSON

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Lot Description: Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK, DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7117
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00057-0001-00033-0004-C0808
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 21, 2020
Sold by
Janakiram Basker and Basker Ramya
Bought by
Hernandez Richard and Hernandez Kesar
Seller's Agent
Rebecca Matyash
KELLER WILLIAMS GREATER BRUNSWICK
Buyer's Agent
GURPREET KAUR
HOMESTARR REALTY
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$603,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,554
Avg. Annual Appreciation
8.96%
Original Mortgage
$316,000
Outstanding Balance
$281,334
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$322,220

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 18, 2020
Sold by
Janakiram Basker and Basker Ramya
Bought by
Hernandez Richard and Hernandez Kesar
Seller's Agent
Rebecca Matyash
KELLER WILLIAMS GREATER BRUNSWICK
Buyer's Agent
GURPREET KAUR
HOMESTARR REALTY
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$281,334
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$322,220

Purchase Details

Closed on
Nov 20, 2009
Sold by
Xie Minge and Xu Eugenia
Bought by
Janakiram Basker and Basker Ramya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1999
Sold by
Erikson Nils
Bought by
Xie Minge and Xu Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
7.73%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Parkside Realty
Bought by
Erikson Nils

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.52%
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
Hernandez Richard $395,000 Fidelity National Title
Hernandez Richard $395,000 Foundation Title Llc
Janakiram Basker $360,000 Fidelity Natl Title Ins Co
Xie Minge $186,000 --
Erikson Nils $157,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Richard $316,000
Closed Hernandez Richard $316,000
Previous Owner Janakiram Basker $260,000
Previous Owner Xie Minge $148,800
Previous Owner Erikson Nils $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $395,000 0.0% $162 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $395,000 -- $162 / 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 $8,222 $578,700 $190,000 $388,700
2024 $8,222 $456,000 $190,000 $266,000
2023 $8,188 $426,000 $160,000 $266,000
2022 $7,727 $381,000 $115,000 $266,000
2021 $7,857 $356,000 $90,000 $266,000
2020 $7,570 $335,100 $80,000 $255,100
2019 $7,117 $311,200 $70,000 $241,200
2018 $7,189 $311,200 $70,000 $241,200
2017 $6,637 $286,200 $45,000 $241,200
2016 $6,694 $286,200 $45,000 $241,200
2015 $6,648 $286,200 $45,000 $241,200
2014 $6,548 $286,200 $45,000 $241,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3665497

Garden State MLS

APN: 08-00057-01-00033-04-C0808