NOT LISTED FOR SALE

7 Cheddar Place Somerset, NJ 08873

Estimated Value: $796,000 - $868,051

4 Beds
2.5 Baths
-- Sq Ft
0.39 Acres

Last Sold October 12, 2021

Last sale price $600,000

Est. 40% increase in value since last sale

Current estimated payment $5,319/month

9 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of October 2021

Beautiful brick front Colonial nested in the most desirable area of Quailbrook Somerset with 4 beds & 2.5 Baths. Spacious living & dinning room. Updated gourmet kitchen w granite countertop, modern backsplash & stainless steel appliances; plenty of storage spaces in the cabinetry. Follow by Breakfast nook & sliders to the back yard. Huge family room with wood burning fire place. Half bathroom on the first floor. Upstairs large master bedroom with full bath. The other rooms are in very good size. All the bathrooms are updated. Newer roof, partial finished basement. Inground pool has not been open since 2015, pool sell AS IT IS. Great location, Quailbrook Golf Course and many private/charter schools nearby. Close to NY bus/ train stations & easy access to all major transportations. Near Rutgers University, Robert Wood Johnson, St. Peters Medical Center & Public Parks

Last Agent to Sell the Property

Fei Yen

Keller Williams Realty West Monmouth License #1538472 Listed on: 08/04/2021

Keller Williams Realty West Monmouth

Last Buyer's Agent

Mark Boscaino

Robert DeFalco Realty Inc. License #1860427

Robert DeFalco Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,973

Year Built

  • Built in 1987

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 106 x 161

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Wood Burning Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Attic
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Deck

Schools

  • Sampson G. Smith Middle School
  • Franklin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Quailbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00424-10-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,973

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: In Ground
  • Inclusions: Washer, Dryer, Stove, Refrigerator
  • Subdivision Name: Quailbrook
  • Architectural Style: Colonial
  • Reso Flooring: Laminate, W/W Carpet, Wood
  • Reso Interior Features: Attic, Sliding Door, Recessed Lighting
  • Year Built: 1987
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Swimming: Yes
  • General Property Info Acreage: 0.39
  • General Property Info Lot Dimensions: 106 x 161
  • Location Middle School: Sampson G. Smith
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen BnookDining Area: Yes
  • Foyer Floor - WW Carpet: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 12
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.39
  • Waterfront: No
  • Exterior Features: Deck, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Lot Dimensions: 106 x 161
  • Lot Size Sq Ft: 16988.4
  • Parcel #: 08-00424-10-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9973.0

MLS Schools

  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 6, 2021
Sold by
Bentillo Daryl
Bought by
Maksudovski Tamir and Yildiz Ceyda
Seller's Agent
Fei Yen
Keller Williams Realty West Monmouth
Buyer's Agent
Mark Boscaino
Robert DeFalco Realty Inc.
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Current Estimated Value
$841,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,763
Avg. Annual Appreciation
8.76%
Original Mortgage
$400,000
Outstanding Balance
$364,763
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$477,000

Purchase Details

Closed on
Feb 1, 2019
Sold by
Maningas Glenn Anthony
Bought by
Bentillo Daryl

Purchase Details

Closed on
Apr 9, 2008
Sold by
Bauer Geraldine
Bought by
Maningas Glenn Anthony and Bentillo Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2002
Sold by
Smith Kevin
Bought by
Bauer Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.61%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Grimaldi Albert
Bought by
Smith Kevin and Smith Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.92%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Killian Jerome J
Bought by
Grimaldi Albert J and Grimaldi Rachel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.93%

Purchase Details

Closed on
May 25, 1988
Sold by
Dunn Jeffrey S and Dunn Diane C
Bought by
Killian Jerome and Killian Lisa J
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
Maksudovski Tamir $600,000 Fidelity National Ttl Ins Co
Bentillo Daryl -- None Available
Maningas Glenn Anthony $460,000 Commonwealth Land Title Insu
Bauer Geraldine $358,000 --
Smith Kevin $270,000 --
Grimaldi Albert J $265,000 --
Killian Jerome $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maksudovski Tamir $400,000
Previous Owner Maningas Glenn Anthony $400,000
Previous Owner Bauer Geraldine $200,000
Previous Owner Smith Kevin $250,000
Previous Owner Grimaldi Albert J $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $600,000 +4.3% --
08/13/2021 08/13/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $575,000 -- --
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
2025 $10,844 $833,100 $337,000 $496,100
2024 $10,844 $596,500 $257,000 $339,500
2023 $10,746 $556,500 $217,000 $339,500
2022 $10,526 $516,500 $177,000 $339,500
2021 $9,934 $448,500 $141,000 $307,500
2020 $9,973 $440,500 $133,000 $307,500
2019 $10,140 $440,500 $133,000 $307,500
2018 $9,688 $416,500 $109,000 $307,500
2017 $9,721 $416,500 $109,000 $307,500
2016 $9,792 $416,500 $109,000 $307,500
2015 $9,725 $416,500 $109,000 $307,500
2014 $9,588 $416,500 $109,000 $307,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22124951

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00424-10-00004