6 Magnolia Rd Somerset, NJ 08873
Somerset NeighborhoodEstimated Value: $661,701 - $771,000
--
Bed
--
Bath
2,014
Sq Ft
$347/Sq Ft
Est. Value
About This Home
This home is located at 6 Magnolia Rd, Somerset, NJ 08873 and is currently estimated at $699,675, approximately $347 per square foot. 6 Magnolia Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2011
Sold by
Patel Urmilaben and Patel Jasbhai
Bought by
Patel Urmilaben and Patel Jashbhai
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Outstanding Balance
$149,277
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$536,269
Purchase Details
Closed on
Mar 2, 2007
Sold by
Patel Henry
Bought by
Patel Urmilaben and Patel Jasbhai
Purchase Details
Closed on
Mar 30, 2004
Sold by
Bohnert William C
Bought by
Patel Henry
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Patel Urmilaben | -- | Greater Nj Title Agency | |
Patel Urmilaben | -- | Greater New Jersey Title Age | |
Patel Henry | $410,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Patel Urmilaben | $251,000 | |
Closed | Patel Jashbhai | $263,000 |
Source: Public Records
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 | $10,443 | $574,400 | $362,900 | $211,500 |
2023 | $10,358 | $536,400 | $324,900 | $211,500 |
2022 | $9,964 | $488,900 | $277,400 | $211,500 |
2021 | $8,953 | $441,400 | $229,900 | $211,500 |
2020 | $9,778 | $431,900 | $220,400 | $211,500 |
2019 | $9,505 | $412,900 | $201,400 | $211,500 |
2018 | $8,941 | $384,400 | $172,900 | $211,500 |
2017 | $8,972 | $384,400 | $172,900 | $211,500 |
2016 | $8,814 | $374,900 | $163,400 | $211,500 |
2015 | $8,754 | $374,900 | $163,400 | $211,500 |
2014 | $8,849 | $384,400 | $172,900 | $211,500 |
Source: Public Records
Map
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