NOT LISTED FOR SALE

60 Drake Rd Somerset, NJ 08873

Estimated Value: $643,000 - $673,000

4 Beds
2.5 Baths
2,000 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $330,000 $165 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,270/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • 1 Car Attached Garage
  • Attic
  • Enclosed Patio or Porch
  • Eat-In Kitchen

About This Home

As of February 2016

LARGE 4 bedroom Colonial w/ Hardwood Floors,Full Basement & an Enclosed Backyard Porch. Nicely maintained home with finished wood flooring, private back yard is just waiting for that new homeowner. Even better, Low Property Taxes and large unfinished basement, 2000 sq. ft. home.

Last Agent to Sell the Property

LOUIS G. BARROOD

BARROOD REAL ESTATE Listed on: 12/03/2015

Last Buyer's Agent

RASHMIKANT RASANIA

REALTY MARK CENTRAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,723

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot

Parking

  • 1 Car Attached Garage
  • Parking Garage Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00368-0000-00027-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,723

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1965
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 60
  • Directions: JFK to Link to Right on Drake, up on Left or JFK to Winston to Drake
  • I D: 4585888
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: JFK Blvd.
  • First Name: LOUIS G.
  • First Name3: RASHMIKANT
  • Last Name: BARROOD
  • Last Name3: RASANIA
  • Office Phone: 732-846-1661
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher, Microwave Oven
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Level: First
  • Other Room 2: Storage Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: Living Room, Family Room, Kitchen, Porch, Dining Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2000
  • Phone: 732-846-1661

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed, Patio, Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 5
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

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

Lot Info

  • Lot Size: 80X188 AVG
  • Assessed Improvement Value: 160400
  • Assessed Land Value: 125200
  • Assessment: 285600
  • Easement: Unknown
  • Lot Identifier: 27
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.35

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6723
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00368-0000-00027-0000-
  • Tax Rate Amount: 2.231
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Feb 4, 2016
Sold by
Sterbenz Aurellia M
Bought by
Bhatt Hiren and Bhatt Pritibala
Seller's Agent
LOUIS G. BARROOD
BARROOD REAL ESTATE
Buyer's Agent
RASHMIKANT RASANIA
REALTY MARK CENTRAL
List Price
$310,000
Sold Price
$330,000
Premium/Discount to List
$20,000
6.45%
Current Estimated Value
$657,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,560
Avg. Annual Appreciation
7.41%
Original Mortgage
$264,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2011
Sold by
Sterbenz Aurelia M
Bought by
Sterbenz Aurelia M and Sterbenz Living Trust
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
Bhatt Hiren $330,000 Stewart Title Guaranty Compa
Sterbenz Aurelia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatt Hiren $219,500
Closed Bhatt Hiren $225,000
Closed Bhatt Hiren $50,000
Closed Bhatt Hiren $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $330,000 +6.5% $165 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/03/2015 12/03/15 For Sale $310,000 -- $155 / 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 $9,576 $599,600 $365,200 $234,400
2024 $9,576 $525,600 $365,200 $160,400
2023 $8,839 $455,600 $295,200 $160,400
2022 $8,307 $405,600 $245,200 $160,400
2021 $7,926 $355,600 $195,200 $160,400
2020 $7,904 $345,600 $185,200 $160,400
2019 $7,547 $325,600 $165,200 $160,400
2018 $7,274 $310,600 $150,200 $160,400
2017 $7,067 $300,600 $140,200 $160,400
2016 $6,890 $290,600 $130,200 $160,400
2015 $6,476 $285,600 $125,200 $160,400
2014 $6,724 $300,600 $140,200 $160,400
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3269839

Garden State MLS

APN: 08-00368-0000-00027