Seller's Agent in 2022
Cynthia Chambers
COLDWELL BANKER REALTY
(732) 742-3575
3 in this area
19 Total Sales
7 Hollywood Ave Somerset, NJ 08873
Estimated Value: $683,000 - $750,000
3
Beds
3
Baths
2,720
Sq Ft
$266/Sq Ft
Est. Value
Highlights
- Custom Home
- Recreation Room
- Home Gym
- 0.65 Acre Lot
- Home Office
- Formal Dining Room
About This Home
As of May 2022Welcome home to this immaculate 3BR, 3BA custom brick Ranch on a .65 acre lot. The perfect place to unwind, unplug and reconnect.The main floor features an open flow between the dining and living rooms, which is perfect for entertaining. The eat-in kitchen boasts stainless-steel appliances, updated cabinetry & tile flooring. The spacious finished basement includes a family room, full bath, laundry and 2 bonus rooms. Other features include shiplap walls, hardwood floors, two-zone heating & central AC. Enjoy the finished 2-car garage with built-ins for an ideal home workshop, and create the perfect outdoor oasis in the oversized backyard. CLOSE TO HIGHWAYS, SCHOOLS, HOSPITALS & SHOPPING.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,174
Year Built
- Built in 1960
Lot Details
- 0.65 Acre Lot
Parking
- 2 Car Attached Garage
- Private Driveway
- Additional Parking
Home Design
- Custom Home
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 2,720 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Laundry Room
- Home Gym
- Finished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Franklin High School
Utilities
- One Cooling System Mounted To A Wall/Window
- Zoned Heating and Cooling System
- Standard Electricity
- Well
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2708-00445-0000-00002-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
May 26, 2022
Sold by
Pierce Carole D
Bought by
Patel Arvindbhai and Patel Alpakumari
Seller's Agent
Cynthia Chambers
COLDWELL BANKER REALTY
Buyer's Agent
Neena Sampat
KELLER WILLIAMS CORNERSTONE
List Price
$516,000
Sold Price
$555,000
Premium/Discount to List
$39,000
7.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,671
Avg. Annual Appreciation
6.95%
Original Mortgage
$333,000
Outstanding Balance
$284,194
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$402,964
Purchase Details
Closed on
Jul 30, 2014
Sold by
Mitchell Juanita and Pierce Carole D
Bought by
Pierce Carole D
Purchase Details
Closed on
Sep 11, 2007
Sold by
Riddick Willie M and Riddick Madeleine M
Bought by
Mitchell Juanita and Pierce Carole D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Arvindbhai | $555,000 | Afrm Title & Abstract | |
| Pierce Carole D | -- | None Available | |
| Mitchell Juanita | $429,000 | Foundation Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Arvindbhai | $333,000 | |
| Previous Owner | Pierce Carole D | $363,600 | |
| Previous Owner | Pierce Carole D | $50,000 | |
| Previous Owner | Pierce Carole D | $50,000 | |
| Previous Owner | Pierce Carole D | $265,750 | |
| Previous Owner | Pierce Carole D | $8,270,000 | |
| Previous Owner | Pierce Carole D | $40,000 | |
| Previous Owner | Pierce Carole D | $190,622 | |
| Previous Owner | Pierce Carole D | $196,834 | |
| Previous Owner | Mitchell Juanita | $190,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $555,000 | +7.6% | $204 / Sq Ft |
| 04/19/2022 04/19/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $516,000 | -- | $190 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $10,612 | $583,700 | $360,800 | $222,900 |
| 2023 | $9,533 | $493,700 | $270,800 | $222,900 |
| 2022 | $8,939 | $438,600 | $223,300 | $215,300 |
| 2021 | $8,413 | $391,100 | $175,800 | $215,300 |
| 2020 | $8,424 | $372,100 | $156,800 | $215,300 |
| 2019 | $8,566 | $372,100 | $156,800 | $215,300 |
| 2018 | $8,325 | $357,900 | $142,600 | $215,300 |
| 2017 | $8,020 | $343,600 | $128,300 | $215,300 |
| 2016 | $7,838 | $333,400 | $123,600 | $209,800 |
| 2015 | $7,673 | $328,600 | $118,800 | $209,800 |
| 2014 | $7,544 | $327,700 | $117,900 | $209,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Neena Sampat
KELLER WILLIAMS CORNERSTONE
(917) 650-4168
3 in this area
96 Total Sales
Map
Source: Garden State MLS
MLS Number: 3772344
APN: 08-00445-0000-00002
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