NOT LISTED FOR SALE

56 Pinecrest Rd Somerset, NJ 08873

Estimated Value: $677,000 - $738,227

4 Beds
2.5 Baths
2,307 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $342,000 $148 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,650/month

60 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Den
  • 0.46 Acre Lot
  • Attic
  • Formal Dining Room

About This Home

As of October 2016

This is a Fannie Mae HomePath Property.Home is the cure for the Summertime Blues.Large rear lot area, with built in pool. 9 full rooms large Family room and a fireplace. EIK, and office on 1st Floor The number 9 keeps coming up to remind you of the space available for this Colonial that features 4 Bedrooms, Office on the first floor near the kitchen, . Full basement has high overhead, with FHA gas heat. Don't wait, come see what this home has to offer you.

Last Agent to Sell the Property

Mitchell Schanen

C-21 CHARLES SMITH AGENCY Listed on: 06/20/2016

Co-Listed By

RONALD MADEIRA

C-21 CHARLES SMITH AGENCY

Last Buyer's Agent

DAVID LEE

CENTURY 21 ABRAMS & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,028

Year Built

  • Built in 1982

Lot Details

  • 0.46 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,307 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Laundry Room
  • Eat-In Kitchen
  • Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00386-0012-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,028

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Detached
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1982
  • Year Built Description: Unknown
  • County Name: Somerset
  • Street Number Display: 56
  • Directions: New Brunswick Road to Pinecrest Road. Home on the right Cul De Sac
  • I D: 4636855
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Somerset
  • First Name: MITCHELL
  • First Name2: RONALD
  • First Name3: DAVID
  • Last Name: SCHANEN
  • Last Name2: MADEIRA
  • Last Name3: LEE
  • Office Phone: 732-985-1515
  • Office Phone2: 7329851515
  • Office Phone3: 6097507300
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Number Rooms: 9
  • Bedrooms: 4
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Utility Room, SeeRem
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: Family Room, Kitchen, Laundry Room, Foyer, Den, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2307
  • Phone: 732-985-1515

Exterior Features

  • Exterior Features: Sidewalk, Patio, Curbs
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 100X200
  • Assessed Improvement Value: 273500
  • Assessed Land Value: 125100
  • Assessment: 398600
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9028
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00386-0012-00009-0000-
  • Tax Rate Amount: 2.265
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Oct 14, 2016
Sold by
Fannie Mae
Bought by
Godet Gregory and Godet Curize
Seller's Agent
Mitchell Schanen
C-21 CHARLES SMITH AGENCY
Buyer's Agent
DAVID LEE
CENTURY 21 ABRAMS & ASSOCIATES
List Price
$355,900
Sold Price
$342,000
Premium/Discount to List
-$13,900
-3.91%
Current Estimated Value
$710,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,307
Avg. Annual Appreciation
8.51%
Original Mortgage
$327,635
Outstanding Balance
$267,655
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$442,652

Purchase Details

Closed on
Sep 9, 2015
Sold by
Gbewonyo Sylvester K and Gbewonyo Gifty
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 19, 1996
Sold by
Kuranchie Pasmor
Bought by
Gbewonyo Sylvester and Gbewonyo Gifty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.55%

Purchase Details

Closed on
Dec 1, 1995
Sold by
Anderson Laura
Bought by
Kuranchie Parmor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.37%

Purchase Details

Closed on
Jan 13, 1994
Sold by
Folkes Patrick
Bought by
Anderson Clinton and Anderson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Godet Gregory $342,000 Fortune Title Agency Inc
Federal National Mortgage Association $2,699 Attorney
Gbewonyo Sylvester $222,500 --
Kuranchie Parmor $205,000 --
Anderson Clinton $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godet Gregory $327,635
Previous Owner Gbewonyo Sylvester $200,000
Previous Owner Kuranchie Parmor $180,000
Previous Owner Anderson Clinton $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $342,000 -3.9% $148 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $355,900 -- $154 / 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 $10,790 $683,000 $320,000 $363,000
2024 $10,790 $593,500 $320,000 $273,500
2023 $10,304 $533,600 $260,100 $273,500
2022 $10,467 $513,600 $240,100 $273,500
2021 $10,269 $463,600 $190,100 $273,500
2020 $10,043 $443,600 $170,100 $273,500
2019 $9,751 $423,600 $150,100 $273,500
2018 $9,388 $403,600 $130,100 $273,500
2017 $9,420 $403,600 $130,100 $273,500
2016 $9,489 $403,600 $130,100 $273,500
2015 $9,307 $398,600 $125,100 $273,500
2014 $9,061 $393,600 $120,100 $273,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3316706

Garden State MLS

APN: 08-00386-12-00009