$140,000
SOLD JUN 6, 2016

61 Walnut Ave Somerset, NJ 08873

4 Beds
2 Baths
1,485 Sq Ft
0.57 Acres

Recently Sold

$94 Per Sq Ft

22% Below List Price

511 Days on Market

Highlights

  • 0.57 Acre Lot
  • Recreation Room
  • 2 Car Detached Garage
  • Cape Cod Architecture
  • Attic
  • Eat-In Kitchen

About This Home

As of February 2017

SHORT SALE. SOLD AS-IS. pipes froze and broke. in-ground oil tank. well water. public sewer. MOLD in basement.

Last Agent to Sell the Property

angela squeo

RE/MAX OUR TOWN Listed on: 11/25/2014

RE/MAX OUR TOWN

Last Buyer's Agent

April Tarantino

RE/MAX OUR TOWN

RE/MAX OUR TOWN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,938

Year Built

  • Built in 1953

Lot Details

  • 0.57 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,485 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil Below Ground
  • Standard Electricity
  • Well
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00452-0000-00052-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,938

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1953
  • Year Built Description: Unknown
  • County Name: Somerset
  • Street Number Display: 61
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric
  • Number Rooms: 7
  • Bedrooms: 4
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Laundry Room, Rec Room, Utility Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: 2 Bedrooms, Kitchen, Living Room, Bath Main
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 1485

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Oil Tank Below Ground
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Well
  • Water Heater: Oil

Lot Info

  • Lot Size: 100X250
  • Assessed Improvement Value: 151200
  • Assessed Land Value: 121500
  • Assessment: 272700
  • Easement: Unknown
  • Lot Identifier: 52
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.57

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5938
  • Assessor Parcel Number: 2708-00452-0000-00052-0000-
  • Tax Rate Amount: 2.231
  • Tax Rate Tax: *
  • Tax Rate Year: 2014
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2016
Closed on
Feb 23, 2017
Sold by
Crawford Custom Llc
Bought by
Yannetta Ryan A
Seller's Agent
Richard Keri
RE/MAX DIAMOND REALTORS
List Price
$379,900
Sold Price
$368,000
Premium/Discount to List
-$11,900
-3.13%
Current Estimated Value
$596,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,283
Avg. Annual Appreciation
5.78%
Original Mortgage
$349,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2014
Closed on
Jun 6, 2016
Sold by
Krasnobryzyi Wasyl and Luty Lutenko Yuri
Bought by
Crawford Customs Llc and Crawford Cornelius
Seller's Agent
angela squeo
RE/MAX OUR TOWN
Buyer's Agent
April Tarantino
RE/MAX OUR TOWN
List Price
$179,000
Sold Price
$140,000
Premium/Discount to List
-$39,000
-21.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.78%
Original Mortgage
$210,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1989
Sold by
Luty Olga
Bought by
Luty Olga
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $368,000 All Ahead Title Agency Llc
Deed $140,000 Max Title Agency Llc
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,800 New Conventional
Closed $349,600 New Conventional
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $8,500 Unknown
Previous Owner $472,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $100,000 Adjustable Rate Mortgage/ARM
Previous Owner $72,025 Future Advance Clause Open End Mortgage
Previous Owner $26,253 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $368,000 -3.1% $248 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $379,900 +171.4% $256 / Sq Ft
06/06/2016 06/06/16 Sold $140,000 -21.8% $94 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
11/25/2014 11/25/14 For Sale $179,000 -- $121 / 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
2024 $10,081 $554,500 $374,800 $188,700
2023 $8,925 $471,200 $282,500 $188,700
2022 $8,401 $412,200 $0 $0
2021 $8,023 $362,200 $182,500 $179,700
2020 $7,747 $342,200 $162,500 $179,700
2019 $7,877 $342,200 $162,500 $179,700
2018 $7,611 $327,200 $147,500 $179,700
2017 $6,668 $285,700 $132,500 $153,200
2016 $6,552 $278,700 $127,500 $151,200
2015 $6,141 $273,700 $122,500 $151,200
2014 $6,028 $272,700 $121,500 $151,200
Source: Public Records

Agents Affiliated with this Home

  • Richard Keri

    Seller's Agent in 2017

    Richard Keri

    RE/MAX

    (732) 586-9524

    28 in this area

    75 Total Sales

    Richard Keri
    Section Image
  • angela squeo

    Seller's Agent in 2016

    angela squeo

    RE/MAX

    (732) 419-9300

    10 in this area

    36 Total Sales

    angela squeo
    Section Image
  • April Tarantino

    Buyer's Agent in 2016

    April Tarantino

    RE/MAX

    (732) 735-3511

    39 in this area

    60 Total Sales

    April Tarantino
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3185779

Garden State MLS

APN: 08-00452-0000-00052

New Jersey Somerset County Somerset 08873

61 Walnut Ave, Somerset, NJ

This home is located at 61 Walnut Ave, Somerset, NJ 08873 and is currently priced at $140,000, approximately $94 per square foot. This property was built in 1953. 61 Walnut Ave is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Rutgers Preparatory School.

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