NOT LISTED FOR SALE

68 Marlowe Ct Somerset, NJ 08873

Estimated Value: $290,000 - $307,000

2 Beds
1 Bath
974 Sq Ft
$175/mo HOA Fee

Last Sold September 23, 2022

Last sale price $212,000 $218 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,157/month

8 Days on Market

Highlights

  • Multiple cooling system units
  • Living Room
  • Heating Available

About This Home

As of September 2022

Lovely Upper level unit in desirable Trendmakers community. This updated 2 bedroom, 1 bath unit has new flooring, updated bath, fresh paint throughout. Hurry to see this great place and make it your home!

Last Agent to Sell the Property

Michelle Anderson

NextHome Zenith License #0458768 Listed on: 07/23/2022

NextHome Zenith

Last Buyer's Agent

Deepak Kumar

Re/Max Instyle License #1866955

Re/Max Instyle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1984

Lot Details

  • 523

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Linoleum Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Upper Level

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-00424-08-00014-01-C0068

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,938

Year Built

Built in 1984

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1984
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Cooling Electric3: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common
  • General Property Info:Garage: No
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Multi Units, Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 08-00424-08-00014-01-C0068
  • Zoning Description: Planned Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3938.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Sep 16, 2022
Sold by
Acierto Victoria & William Diamond Iii
Bought by
Ratakonda Guru Charan and Malepati Divya
Seller's Agent
Michelle Anderson
NextHome Zenith
Buyer's Agent
Deepak Kumar
Re/Max Instyle
List Price
$200,000
Sold Price
$212,000
Premium/Discount to List
$12,000
6%
Views
14
Current Estimated Value
$290,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,468
Avg. Annual Appreciation
12.94%
Original Mortgage
$127,200
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Botsko Shannon
Bought by
Acierto Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
5.28%

Purchase Details

Closed on
May 3, 2001
Sold by
Pinto Frank
Bought by
Botsko Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
6.85%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Ratakonda Guru Charan $212,000 --
Acierto Victoria $148,500 --
Botsko Shannon $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratakonda Guru Charan $127,200
Previous Owner Acierto Victoria $59,900
Previous Owner Acierto Victoria $133,500
Previous Owner Botsko Shannon $97,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $212,000 +6.0% $218 / Sq Ft
07/23/2022 07/23/22 For Sale $200,000 -- $205 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,687 $257,800 $135,000 $122,800
2023 $4,592 $237,800 $115,000 $122,800
2022 $4,031 $197,800 $75,000 $122,800
2021 $3,938 $177,800 $55,000 $122,800
2020 $3,912 $172,800 $50,000 $122,800
2019 $3,978 $172,800 $50,000 $122,800
2018 $3,670 $157,800 $35,000 $122,800
2017 $3,683 $157,800 $35,000 $122,800
2016 $3,710 $157,800 $35,000 $122,800
2015 $3,568 $152,800 $30,000 $122,800
2014 $3,610 $156,800 $34,000 $122,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22223271

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00424-08-00014-01-C0068