NOT LISTED FOR SALE

582 Jerome Ave Somerset, NJ 08873

Estimated Value: $580,000 - $708,012

5 Beds
3 Baths
-- Sq Ft
0.46 Acres

Last Sold December 06, 2023

Last sale price $535,000

Est. 16% increase in value since last sale

Current estimated payment $3,829/month

12 Days on Market

About This Home

As of December 2023

This home is located at 582 Jerome Ave, Somerset, NJ 08873 since 14 October 2023 and is currently estimated at $619,753. This property was built in 1908. 582 Jerome Ave is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

Last Agent to Sell the Property

JACQUELINE SUDDEATH

RE/MAX PINNACLE Brokerage Phone: 908-306-9600 Listed on: 10/14/2023

RE/MAX PINNACLE

Last Buyer's Agent

Cynthia Veniskey

VRI HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 1908

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,794

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Year Built: 1908
  • County Name: Somerset
  • I D: 5250482
  • Attribution Contact: 908-306-9600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 200X100
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Dec 5, 2023
Sold by
Sour Raymond J and Sour Hollis L
Bought by
Rosario Juan Rafael and Lima Jaritza
Seller's Agent
JACQUELINE SUDDEATH
RE/MAX PINNACLE
Buyer's Agent
Cynthia Veniskey
VRI HOMES
List Price
$498,700
Sold Price
$535,000
Premium/Discount to List
$36,300
7.28%
Views
301
Current Estimated Value
$619,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,753
Avg. Annual Appreciation
7.71%
Original Mortgage
$525,309
Outstanding Balance
$517,063
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$102,690

Purchase Details

Closed on
Jan 31, 2014
Sold by
Sour Hollis L
Bought by
Sour Raymond J and Sour Hollis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,300
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2005
Sold by
Sour Hollis L
Bought by
Sour Hollis L

Purchase Details

Closed on
Jun 19, 2002
Sold by
Ponte Joseph
Bought by
Sour Hollis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,386
Interest Rate
6.81%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 1992
Sold by
Ny Mortgage Servicing Corp
Bought by
Ponte Joseph M

Purchase Details

Closed on
Dec 12, 1991
Sold by
Lund Robert H Sheriff
Bought by
My Mortgage Servicing Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rosario Juan Rafael $535,000 None Listed On Document
Sour Raymond J -- None Available
Sour Hollis L -- --
Sour Hollis $185,000 --
Ponte Joseph M $55,800 --
My Mortgage Servicing Corp $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Juan Rafael $525,309
Previous Owner Sour Raymond J $229,300
Previous Owner Sour Hollis $178,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2023 12/06/23 Sold $535,000 +7.3% --
10/26/2023 10/26/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $498,700 -- --
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 $6,794 $483,900 $135,000 $348,900
2024 $6,794 $373,700 $135,000 $238,700
2023 $7,216 $373,700 $135,000 $238,700
2022 $7,616 $373,700 $135,000 $238,700
2021 $8,277 $373,700 $135,000 $238,700
2020 $8,461 $373,700 $135,000 $238,700
2019 $8,603 $373,700 $135,000 $238,700
2018 $8,692 $373,700 $135,000 $238,700
2017 $8,722 $373,700 $135,000 $238,700
2016 $8,786 $373,700 $135,000 $238,700
2015 $8,726 $373,700 $135,000 $238,700
2014 $8,603 $373,700 $135,000 $238,700
Source: Public Records

Agents Affiliated with this Home

  • JACQUELINE SUDDEATH

    Seller's Agent in 2023

    JACQUELINE SUDDEATH

    RE/MAX

    (908) 310-1939

    1 in this area

    52 Total Sales

    JACQUELINE SUDDEATH
    Section Image
  • Cynthia Veniskey

    Buyer's Agent in 2023

    Cynthia Veniskey

    VRI HOMES

    (760) 390-4092

    1 in this area

    78 Total Sales

    Cynthia Veniskey
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3869718

Garden State MLS

APN: 08-00534-0000-00018

New Jersey Somerset County Somerset 08873

582 Jerome Ave, Somerset, NJ

Not Listed for Sale

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