NOT LISTED FOR SALE

7 Lebed Dr Somerset, NJ 08873

Estimated Value: $740,000 - $766,000

5 Beds
3 Baths
-- Sq Ft
0.61 Acres

Last Sold May 17, 2016

Last sale price $325,000

Est. 131% increase in value since last sale

Current estimated payment $5,030/month

37 Days on Market

Highlights

  • 0.61 Acre Lot
  • Main Floor Bedroom
  • Porch
  • Raised Ranch Architecture
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of May 2016

Bank owned property for sale "As Is". All offers must be submitted with loan pre qualification letter and or proof of funds for cash buyers. CO to be buyer's responsibility.

Last Agent to Sell the Property

SAMIR GUZMAN

URBAN REALTY TRENDZ Listed on: 03/01/2016

Last Buyer's Agent

HSIU SHERRY SHEN

DYNASTY AGENCY LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,911

Year Built

  • Built in 1966

Lot Details

  • 0.61 Acre Lot
  • Privacy Fence
  • Level Lot
  • Historic Home

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Wood Shingle Roof

Interior Spaces

  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2708-00349-0001-00031-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,911

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1966
  • Year Built Description: Historical
  • County Name: Somerset
  • Street Number Display: 7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: OvnWElec, CookElec
  • Number Rooms: 9
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Level 1 Rooms: Foyer, 2 Bedrooms, Bath Main, Kitchen, Bath(s) Other, Dining Room, Laundry Room
  • Level 3 Rooms: 3 Bedrooms, Bath Main

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Open Porch(es), Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 150X177 AVG
  • Assessed Improvement Value: 207800
  • Assessed Land Value: 141500
  • Assessment: 349300
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.61

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7911
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00349-0001-00031-0000-
  • Tax Rate Amount: 2.265
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Chen and Fei-Ting
Bought by
Wu Michael
Current Estimated Value
$750,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$400,478
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$294,250

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 17, 2016
Sold by
Provident Bank
Bought by
Huang Fei Ting
Seller's Agent
SAMIR GUZMAN
URBAN REALTY TRENDZ
Buyer's Agent
HSIU SHERRY SHEN
DYNASTY AGENCY LLC.
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$200,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2016
Sold by
Gonzales Barry E and Smith Joann
Bought by
The Provident Bank

Purchase Details

Closed on
Feb 19, 2008
Sold by
Vanwoeart Judith
Bought by
Smith Joann and Gonzales Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,700
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
Estate Of Joseph Moore
Bought by
Vanwoeart Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
Oct 30, 1995
Sold by
Salawu Norene
Bought by
Joemoore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.58%
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
Wu Michael $540,000 Fidelity National Title
Huang Fei Ting $325,000 East Coast Title Agency
The Provident Bank $1,000 Attorney
Smith Joann $385,000 First American Title Ins Co
Vanwoeart Judith $200,000 --
Joemoore $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Michael $432,000
Closed Wu Michael $432,000
Previous Owner Huang Fei Ting $200,000
Previous Owner Smith Joann $365,700
Previous Owner Vanwoeart Judith $100,000
Previous Owner Joemoore $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2016 05/17/16 Sold $325,000 0.0% --
04/07/2016 04/07/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $324,900 -- --
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 $10,646 $584,300 $376,500 $207,800
2023 $10,365 $534,300 $326,500 $207,800
2022 $9,714 $474,300 $266,500 $207,800
2021 $9,458 $424,300 $216,500 $207,800
2020 $9,246 $404,300 $196,500 $207,800
2019 $9,140 $394,300 $186,500 $207,800
2018 $8,649 $369,300 $161,500 $207,800
2017 $8,330 $354,300 $146,500 $207,800
2016 $8,045 $339,300 $131,500 $207,800
2015 $8,226 $349,300 $141,500 $207,800
2014 $7,849 $338,300 $130,500 $207,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3285921

Garden State MLS

APN: 08-00349-01-00031