55 Arlington Ave Somerset, NJ 08873
Estimated Value: $466,000 - $508,652
2
Beds
2
Baths
--
Sq Ft
0.26
Acres
Highlights
- Ranch Style House
- Eat-In Kitchen
- Forced Air Heating System
- 2 Fireplaces
- Kitchen Island
About This Home
As of November 2022Welcome home to this charming well maintained 2 Bedroom 2 Bath Ranch in desirable Franklin Township. Enter into the open concept living room with wood burning Fireplace, recessed lighting with connecting dining room which provides ample entertaining space. The nicely updated eat in kitchen with center island is equipped with stainless steel appliances. 2 generous sized bedrooms and tastefully updated bathroom completes the main floor. The partially finished basement with full bath offers additional room you can use for extended and or multi-generational living with a private entrance. The unfinished side of basement can be completed to add more living space, a gym, home office or rec room, endless possibilities.
Last Agent to Sell the Property
SIGNATURE REALTY NJ Brokerage Phone: 908-255-1655 Listed on: 09/29/2022
Last Buyer's Agent
MANVEET KAUR
WEICHERT REALTORS
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,149
Year Built
- Built in 1978 | Remodeled
Lot Details
- 0.26 Acre Lot
Parking
- 4 Parking Spaces
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 2 Fireplaces
- Wood Burning Fireplace
- Carbon Monoxide Detectors
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2708-00263-0001-00048-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2022
Closed on
Nov 21, 2022
Sold by
Barlas Kashif
Bought by
Patel Minika Utkarsh and Patel Utkarsh Mayankkumar
Seller's Agent
Lisa Jordan
SIGNATURE REALTY NJ
Buyer's Agent
MANVEET KAUR
WEICHERT REALTORS
List Price
$365,000
Sold Price
$400,000
Premium/Discount to List
$35,000
9.59%
Total Days on Market
16
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,913
Avg. Annual Appreciation
8.16%
Original Mortgage
$380,010
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 16, 2013
Closed on
Oct 16, 2013
Sold by
Ferro Robert
Bought by
Barlas Kashif and Barlas Mehwish
Seller's Agent
Liz Bacorn
RE/MAX FIRST REALTY
Sold Price
$178,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$158,000
Interest Rate
4.58%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Minika Utkarsh | $400,011 | -- | |
| Barlas Kashif | $178,000 | Direc Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Patel Minika Utkarsh | $380,010 | |
| Previous Owner | Barlas Kashif | $155,000 | |
| Previous Owner | Barlas Kashif | $158,000 | |
| Previous Owner | Ferro Elizabeth | $277,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2022 11/21/22 | Sold | $400,000 | +9.6% | -- |
| 10/25/2022 10/25/22 | Pending | -- | -- | -- |
| 10/08/2022 10/08/22 | For Sale | $365,000 | +105.1% | -- |
| 10/16/2013 10/16/13 | Sold | $178,000 | -- | -- |
Source: Garden State MLS
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 | $8,033 | $440,900 | $322,600 | $118,300 |
| 2023 | $8,165 | $420,900 | $302,600 | $118,300 |
| 2022 | $7,801 | $380,900 | $262,600 | $118,300 |
| 2021 | $6,150 | $275,900 | $157,600 | $118,300 |
| 2020 | $6,081 | $265,900 | $147,600 | $118,300 |
| 2019 | $5,932 | $255,900 | $137,600 | $118,300 |
| 2018 | $5,642 | $240,900 | $122,600 | $118,300 |
| 2017 | $5,405 | $229,900 | $111,600 | $118,300 |
| 2016 | $5,475 | $230,900 | $112,600 | $118,300 |
| 2015 | $5,202 | $220,900 | $102,600 | $118,300 |
| 2014 | $5,241 | $225,900 | $107,600 | $118,300 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Jordan
Seller's Agent in 2022
Lisa Jordan
SIGNATURE REALTY NJ
(908) 255-1655
4 in this area
72 Total Sales
-
M
Buyer's Agent in 2022
MANVEET KAUR
WEICHERT REALTORS
-
Liz Bacorn
Seller's Agent in 2013
Liz Bacorn
RE/MAX
(732) 742-3344
1 in this area
9 Total Sales
Map
Source: Garden State MLS
MLS Number: 3810347
APN: 08-00263-01-00048
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