NOT LISTED FOR SALE

62 Gurley St Somerset, NJ 08873

Estimated Value: $386,000 - $413,000

3 Beds
1 Bath
1,008 Sq Ft
$397/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $332,000 $329 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,640/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Level Entry For Accessibility
  • Hot Water Heating System
  • No HOA
  • Combination Kitchen and Dining Room
  • Property is Fully Fenced

About This Home

As of June 2023

Compelling value awaits your immediate attention for this move in 3BR Cape. This delight features newer laminate flooring & kitchen, younger HW Heater, full basement and so much more. Located on a large corner lot-fenced -close to all major points of transportation & shops. House sold AS IS. Owner is licensed real estate agent.

Last Agent to Sell the Property

Gus Caicedo

Tesla Realty Group LLC License #2294120 Listed on: 04/18/2023

Tesla Realty Group LLC

Last Buyer's Agent

Helen Lim

Weichert Realtors-Branchburg

Weichert Realtors-Branchburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,481

Year Built

  • Built in 1940

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 0.00
  • Property is Fully Fenced
  • Privacy Fence
  • Vinyl Fence
  • Panel Fence
  • Property is zoned RF

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 2 Levels
  • Double Hung Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Oven or Range
  • ENERGY STAR Qualified Refrigerator

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Washer
  • Gas Dryer

Basement

  • Sump Pump
  • Shelving
  • Laundry in Basement
  • Basement Windows

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Franklin High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 08-00114-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,481

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-04-18
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer - Gas, Energy Star Refrigerator, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining
  • Window Features: Double Hung
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Sump Pump, Windows, Shelving
  • Laundry Type: Basement
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 296.63
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 62

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Private, Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • High School: FRANKLIN H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397466
  • School District Source: 3rd Party
  • High School: FRANKLIN H.S.

Lot Info

  • Horses: No
  • Fencing: Fully, Panel, Privacy, Vinyl
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10001.00
  • Year Assessed: 2022
  • Zoning: RF

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 08-00114-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/08/2023

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 24, 2023
Sold by
Caicedo Gustavo
Bought by
Kim Brian Myung and Kim Susan Hyun
Seller's Agent
Gus Caicedo
Tesla Realty Group LLC
Buyer's Agent
Helen Lim
Weichert Realtors-Branchburg
List Price
$298,999
Sold Price
$332,000
Premium/Discount to List
$33,001
11.04%
Views
311
Current Estimated Value
$400,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,594
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Oct 20, 2017
Sold by
Caicedo Carlotta Castrg De
Bought by
Caicedo Gustavo

Purchase Details

Closed on
Jun 22, 2015
Sold by
Dickerson H Wade
Bought by
Caicedo Carlotta Castro De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,627
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Kim Brian Myung $332,000 None Listed On Document
Caicedo Gustavo -- None Available
Caicedo Carlotta Castro De $131,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caicedo Carlotta Castro De $126,627
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $332,000 0.0% $329 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/25/2023 04/25/23 Off Market $332,000 -- --
04/18/2023 04/18/23 For Sale $298,999 0.0% $297 / Sq Ft
04/16/2023 04/16/23 Price Changed $298,999 -- $297 / Sq Ft
Source: Bright 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 $5,481 $300,800 $220,000 $80,800
2023 $4,575 $235,800 $155,000 $80,800
2022 $4,829 $235,800 $155,000 $80,800
2021 $4,364 $195,800 $115,000 $80,800
2020 $3,906 $170,800 $90,000 $80,800
2019 $3,959 $170,800 $90,000 $80,800
2018 $4,000 $170,800 $90,000 $80,800
2017 $4,016 $170,800 $90,000 $80,800
2016 $4,050 $170,800 $90,000 $80,800
2015 $4,022 $170,800 $90,000 $80,800
2014 $3,963 $170,800 $90,000 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO2002236

Bright MLS

APN: 08-00114-0000-00016