NOT LISTED FOR SALE

8 Bates Ct Somerset, NJ 08873

Estimated Value: $540,000 - $593,000

4 Beds
2 Baths
1,788 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $440,000 $246 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,850/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Multiple cooling system units
  • Wood Flooring
  • 1 Car Attached Garage
  • Patio

About This Home

As of October 2022

YOUR NEXT STORY BEGINS At This Spacious 4 BR 2 Bath Somerset Split Level! Centrally located near Route 287, Easton Ave, downtown South Bound Brook and so much more! The home has been well-maintained, features an airy and open layout, hardwood floors and tile throughout the home, large room sizes, comfortable bedrooms, updated bathrooms and freshly painted laundry area. 1-car garage, koi pond, deck, large backyard, this home has it all at a great price! A lot of value to get this much home in this location in Somerset. Great schools, restaurants, shopping and parks are all nearby. Schedule your tour today!

Last Agent to Sell the Property

John Natale Jr

Natale Realtors License #0999514 Listed on: 09/02/2022

Last Buyer's Agent

Maurice Davidson

Sutton Realty Group

Sutton Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,221

Year Built

  • Built in 1958

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Split Level Home
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00475-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,221

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Stove
  • Subdivision Name: None
  • Architectural Style: Split Level
  • Reso Flooring: Tile, Wood
  • Year Built: 1958
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.23
  • General Property Info Lot Dimensions: 80 x 125
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • ExteriorDeck: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Siding Clapboard: Yes
  • Style Split Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Topography: Level
  • Waterfront: No
  • Construction Type: Clapboard
  • Exterior Features: Deck, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 80 x 125
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 08-00475-0000-00005
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7221.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 28, 2022
Sold by
Chiocchi Scott and Chiocchi Colleen
Bought by
Taylor Tamika and Hall Terrence
Seller's Agent
John Natale Jr
Natale Realtors
Buyer's Agent
Maurice Davidson
Sutton Realty Group
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Views
106
Current Estimated Value
$570,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,364
Avg. Annual Appreciation
10.09%
Original Mortgage
$421,500
Outstanding Balance
$408,487
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$161,877

Purchase Details

Closed on
Jan 27, 2010
Sold by
Somerset County Franklin Bates Court Chi
Bought by
Chiocchi Scott and Chiocchi Colleen

Purchase Details

Closed on
Jan 26, 2007
Sold by
Chiocchi Scott
Bought by
Somerset County Franklin Bates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.16%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Chiocchi Scott
Bought by
Chiocchi Colleen and Chiocchi Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2001
Sold by
Dash Addria
Bought by
Keri Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.18%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Furness Larry
Bought by
Dash Addria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
8.1%
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
Taylor Tamika $450,000 First Bergen Title Agency
Chiocchi Scott -- First American Title Ins Co
Somerset County Franklin Bates -- --
Chiocchi Colleen -- --
Chlocchi Colleen -- None Available
Keri Colleen $190,000 --
Dash Addria $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Tamika $421,500
Previous Owner Somerset County Franklin Bates $45,000
Previous Owner Chlocchi Colleen $328,000
Previous Owner Chiocchi Scott $288,000
Previous Owner Keri Colleen $171,000
Previous Owner Dash Addria $125,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $440,000 +3.5% $246 / Sq Ft
09/23/2022 09/23/22 For Sale $425,000 0.0% $238 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $425,000 -- $238 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $8,396 $461,800 $320,000 $141,800
2023 $8,323 $431,000 $290,000 $141,000
2022 $7,969 $391,000 $250,000 $141,000
2021 $7,221 $326,000 $185,000 $141,000
2020 $7,381 $326,000 $185,000 $141,000
2019 $7,159 $311,000 $170,000 $141,000
2018 $6,885 $296,000 $155,000 $141,000
2017 $6,442 $276,000 $135,000 $141,000
2016 $6,230 $265,000 $124,000 $141,000
2015 $6,045 $258,900 $119,000 $139,900
2014 $5,845 $253,900 $114,000 $139,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22227899

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00475-0000-00005