NOT LISTED FOR SALE

79 Cherrywood Dr Somerset, NJ 08873

Estimated Value: $455,000 - $472,000

2 Beds
2.5 Baths
1,445 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $401,000 $278 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,976/month

59 Days on Market

Highlights

  • Attic
  • Formal Dining Room
  • Eat-In Kitchen
  • Den
  • 1 Car Attached Garage
  • Living Room

About This Home

As of July 2023

Highest & Best Offers Are Due By Monday 5/22/23 At 9:00am.

Last Agent to Sell the Property

Robert Golden

RE/MAX SELECT Listed on: 05/15/2023

RE/MAX SELECT

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,784

Year Built

  • Built in 1990

Lot Details

  • 1,847 Sq Ft Lot
  • Lot Dimensions are 42x44

Parking

  • 1 Car Attached Garage
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,445 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Water Heater

Community Details

Overview

  • Association fees include amenities-some, common area maintenance, maintenance structure, snow removal, trash
  • Quail Brook Ph 01 Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $395

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,784

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0424
  • Lot Size: 42X44
  • Ownership: Condominium
  • Subdivision Name: Quail Brook Ph 01
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Electric Range/Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: See Remarks
  • Interior Amenities: Den, Dining Room, Kitchen, Living Room, 2 Bedrooms, Bath Main, Attic
  • Living Area: 1445
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Asphalt, Attached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Amenities-Some, Common Area Maintenance, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 1847
  • Zoning: CR

Multi Family

  • Maintenance Expense: 395

Tax Info

  • Tax Annual Amount: 5784
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2020
Closed on
Dec 6, 2020
Sold by
Cutler Julia
Bought by
Dolly Arlene
Seller's Agent
DAVID CASTELLANO
BHHS FOX & ROACH
Buyer's Agent
Robert Golden
RE/MAX SELECT
List Price
$317,900
Sold Price
$325,000
Premium/Discount to List
$7,100
2.23%
Current Estimated Value
$465,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,148
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 28, 2020
Sold by
Williams Bathilda Stokes and Reavis Linda Stokes
Bought by
Cutler Julia
Seller's Agent
CHARLES A. JONES III
RE/MAX HOME PROS
Buyer's Agent
DAVID CASTELLANO
BHHS FOX & ROACH
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
328.76%
Original Mortgage
$157,500
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dolly Arlene $325,000 Fidelity National Title
Cutler Julia $210,000 Ranitan Valley Ttl Examiners
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutler Julia $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2023 07/13/23 Sold $401,000 +11.4% $278 / Sq Ft
05/15/2023 05/15/23 For Sale $359,900 +10.7% $249 / Sq Ft
11/24/2020 11/24/20 Sold $325,000 +2.2% $225 / Sq Ft View Prior Sale
09/25/2020 09/25/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $317,900 +51.4% $220 / Sq Ft
08/07/2020 08/07/20 Sold $210,000 -16.0% -- View Prior Sale
07/02/2020 07/02/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $250,000 -- --
Source: All Jersey 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 $6,432 $411,000 $180,000 $231,000
2024 $6,432 $353,800 $180,000 $173,800
2023 $6,253 $323,800 $150,000 $173,800
2022 $5,784 $283,800 $110,000 $173,800
2021 $5,843 $263,800 $90,000 $173,800
2020 $5,633 $248,800 $75,000 $173,800
2019 $5,727 $248,800 $75,000 $173,800
2018 $5,229 $224,800 $55,000 $169,800
2017 $5,247 $224,800 $55,000 $169,800
2016 $5,168 $219,800 $50,000 $169,800
2015 $5,132 $219,800 $50,000 $169,800
2014 $5,175 $224,800 $55,000 $169,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2351169M

All Jersey MLS

APN: 08-00386-11-00079