NOT LISTED FOR SALE

7 Tallman Ln Somerset, NJ 08873

Estimated Value: $600,139 - $639,000

2 Beds
2 Baths
1,679 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $355,000 $211 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,307/month

56 Days on Market

Highlights

  • Active Adult
  • Rambler Architecture
  • Tennis Courts
  • Clubhouse
  • Community Indoor Pool
  • Eat-In Kitchen

About This Home

As of May 2017

POPULAR Berkley model in sought-after Canal Walk--Somerset's PREMIER adult community. LIGHT & BRIGHT Ranch featuring hardwood floors & open floor plan. Near clubhouse for pool, tennis, fitness & FUN! EXPANSIVE kitchen w/corian, 42" oak cabinets, recessed lights, dishwasher, electric stove, built-in microwave, island + separate built-in breakfast bar and/or office area. Overlooks grand family room w/tall transom windows & sliders to private paver patio. The connecting formal living & dining rooms are perfect for large gatherings. Master features neutral carpeting, tray ceiling, 2 walk-in closets & en-suite bath w/soaking tub-stall shower. Fridge, washer, dryer & window treatments remain. Clubhouse offers indoor/outdoor pools-tennis-whirlpools-sauna/steam rooms-card rooms-business center-library-fitness & more!

Last Agent to Sell the Property

Marie DeCicco

(908) 872-4199 mariedecicco@comcast.net RE/MAX Instyle Realty Corp Listed on: 01/24/2017

RE/MAX Instyle Realty Corp

Last Buyer's Agent

Marie DeCicco

(908) 872-4199 mariedecicco@comcast.net RE/MAX Instyle Realty Corp Listed on: 01/24/2017

RE/MAX Instyle Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 2003

Lot Details

  • 5,698 Sq Ft Lot
  • Property is in good condition
  • Property is zoned SCV

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,679 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 08-00513 12-00004

Community Details

Overview

  • Active Adult
  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash
  • $500 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,813

Year Built

Built in 2003

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Kitchen Stained Glass Light Fixture (Maybe)
  • New Construction: No
  • Year Built: 2003
  • Remarks Public: You must be 55+ years young to own this popular Berkley model in sought-after Canal Walk, central Jersey's premier active adult community. This light and bright Ranch home features an expansive kitchen with corian counters, 42" oak cabinets, recessed lighting, dishwasher, electric stove, microwave and center island. A separate built-in breakfast bar and/or office area overlooks a grand family room highlighting tall transom windows, neutral carpeting and sliders leading to a private paver patio. You'll adore the connecting formal living and dining rooms, perfect for special gatherings. A spacious master suite offers neutral carpeting, tray ceiling, two walk-in closets and en-suite bath with a soaking tub and stall shower. More amenities include floored attic space, supplemental electric baseboard heating (multi-zone) and two car garage with automatic openers. The spectacular clubhouse is in close proximity and offers a myriad of luxurious amenities---such as, indoor and outdoor pools, tennis, whirlpools, sauna and steam rooms, card rooms, business center, library, fitness room and more!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1679
  • Living Area Sq Ft: 1679
  • Net Sq Ft: 1679.00
  • Price Per Sq Ft: 220.31
  • Above Grade Finished Sq Ft: 1679
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Street
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 265.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: Yes
  • Community Pool Features: In Ground, Indoor

Fee Information

  • Other Fees: 500.00
  • Other Fees Frequency: One Time

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397466

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: .13 ACRE
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5698.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: SCV

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7813.00
  • Assessor Parcel Number: 08-00513 12-00004
  • Tax Lot: 00004
  • Tax Year: 2016
  • Close Date: 05/15/2017

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Pagliaro Alexander and Pagliaro Patricia A
Bought by
Pagliaro Michael A and Tronolone Christie A
Current Estimated Value
$622,035

Purchase Details

Listed on
Jan 24, 2017
Closed on
May 11, 2017
Sold by
Griswold Jeseph J
Bought by
Pagiarn Alexander and Pagiarn Patricia
Seller's Agent
Marie DeCicco
RE/MAX Instyle Realty Corp
Buyer's Agent
Marie DeCicco
RE/MAX Instyle Realty Corp
List Price
$389,000
Sold Price
$355,000
Premium/Discount to List
-$34,000
-8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$213,000
Outstanding Balance
$177,136
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$444,899

Purchase Details

Closed on
Oct 16, 2003
Sold by
Canal Walk Associates
Bought by
Griswold Joseph J and Griswold Marie G
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
Pagliaro Michael A -- None Available
Pagiarn Alexander $355,000 None Available
Griswold Joseph J $297,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagiarn Alexander $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2017 05/15/17 Sold $355,000 0.0% $211 / Sq Ft View Prior Sale
05/15/2017 05/15/17 Sold $355,000 -4.0% $211 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/21/2017 03/21/17 Pending -- -- --
02/23/2017 02/23/17 Price Changed $369,900 -4.9% $220 / Sq Ft
01/24/2017 01/24/17 For Sale $389,000 -2.8% $232 / Sq Ft
10/27/2016 10/27/16 For Sale $400,000 -- $238 / Sq Ft
Source: Bright 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
2025 $8,890 $535,900 $239,300 $296,600
2024 $8,890 $489,000 $267,800 $221,200
2023 $8,892 $460,500 $239,300 $221,200
2022 $8,611 $422,500 $201,300 $221,200
2021 $8,517 $384,500 $163,300 $221,200
2020 $8,705 $384,500 $163,300 $221,200
2019 $8,851 $384,500 $163,300 $221,200
2018 $8,171 $351,300 $130,100 $221,200
2017 $8,199 $351,300 $130,100 $221,200
2016 $7,812 $332,300 $111,100 $221,200
2015 $7,175 $318,000 $96,800 $221,200
2014 $7,070 $318,000 $96,800 $221,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001800457

Bright MLS

APN: 08-00513-12-00004