L
Seller's Agent in 2020
LILEEN SCHWARZ
BHHS - NEW JERSEY PROPERTIES
7 Prospect Dr Somerville, NJ 08876
3
Beds
2.5
Baths
--
Sq Ft
0.28
Acres
Highlights
- Workshop
- Formal Dining Room
- Eat-In Kitchen
- Somerville High School Rated A-
- 2 Car Attached Garage
- Living Room
About This Home
As of May 2020Spacious Split-Level home located on a quiet cul-de-sac. Great potential, requires significant repairs, level yard. Home is being sold strictly AS IS. Buyers are responsible for all inspections required by Somerville Borough to close. Property has active mold and water in the basement, enter at your own risk. Cash or FHA 203K loan. Conventional mortgages may not be possible because of condition of basement.
Last Agent to Sell the Property
SANDRA D O KEEFE
RE/MAX PREFERRED PROFESSIONALS Listed on: 07/18/2019
Last Buyer's Agent
LILEEN SCHWARZ
BHHS - NEW JERSEY PROPERTIES
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,661
Year Built
- Built in 1970
Lot Details
- 0.28 Acre Lot
Parking
- 2 Car Attached Garage
Home Design
- Wood Siding
- Clapboard
Interior Spaces
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Workshop
- Storage Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Van Deveer Elementary School
- Somerville Middle School
- Somerville High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2718-00153-0000-00004-0003-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2020
Closed on
Apr 30, 2020
Sold by
7 Prospect Drive Llc
Bought by
Broadnax Jamie and Golas Patricia
Seller's Agent
LILEEN SCHWARZ
BHHS - NEW JERSEY PROPERTIES
Buyer's Agent
Lisa Pessagno
COLDWELL BANKER REALTY
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
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
$223,449
Avg. Annual Appreciation
7.35%
Original Mortgage
$416,000
Outstanding Balance
$373,917
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$381,304
Purchase Details
Listed on
Jul 18, 2019
Closed on
Sep 28, 2019
Sold by
Mills Jennifer S and Estate Of Susan Rogan
Bought by
7 Prospect Drive Llc
Seller's Agent
SANDRA D O KEEFE
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
LILEEN SCHWARZ
BHHS - NEW JERSEY PROPERTIES
List Price
$325,000
Sold Price
$265,000
Premium/Discount to List
-$60,000
-18.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.45%
Original Mortgage
$337,500
Interest Rate
3.4%
Mortgage Type
Commercial
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $520,000 | None Available | |
| Deed | $265,000 | All Pro Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $416,000 | New Conventional | |
| Previous Owner | $337,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2020 05/01/20 | Sold | $520,000 | -5.3% | -- |
| 04/01/2020 04/01/20 | Pending | -- | -- | -- |
| 02/21/2020 02/21/20 | For Sale | $549,000 | +107.2% | -- |
| 10/17/2019 10/17/19 | Sold | $265,000 | -18.5% | -- |
| 09/11/2019 09/11/19 | Pending | -- | -- | -- |
| 07/18/2019 07/18/19 | For Sale | $325,000 | -- | -- |
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 | $17,152 | $433,900 | $147,700 | $286,200 |
| 2023 | $16,757 | $433,900 | $147,700 | $286,200 |
| 2022 | $16,319 | $433,900 | $147,700 | $286,200 |
| 2021 | $16,215 | $433,900 | $147,700 | $286,200 |
| 2020 | $12,887 | $352,100 | $147,700 | $204,400 |
| 2019 | $12,799 | $352,100 | $147,700 | $204,400 |
| 2018 | $12,662 | $352,100 | $147,700 | $204,400 |
| 2017 | $12,401 | $352,100 | $147,700 | $204,400 |
| 2016 | $11,897 | $352,100 | $147,700 | $204,400 |
| 2015 | $11,739 | $352,100 | $147,700 | $204,400 |
| 2014 | $11,552 | $352,100 | $147,700 | $204,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Lisa Pessagno
COLDWELL BANKER REALTY
(908) 208-9312
6 Total Sales
-
S
Seller's Agent in 2019
SANDRA D O KEEFE
RE/MAX
Map
Source: Garden State MLS
MLS Number: 3574339
APN: 18-00153-0000-00004-03
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