NOT LISTED FOR SALE

88 Marlowe Ct Somerset, NJ 08873

Estimated Value: $303,000 - $313,359

2 Beds
1 Bath
-- Sq Ft
$160/mo HOA Fee

Last Sold August 14, 2019

Last sale price $183,900

Est. 68% increase in value since last sale

Current estimated payment $2,236/month

15 Days on Market

Highlights

  • Attic
  • Breakfast Bar
  • Laundry Room
  • Formal Dining Room
  • Living Room
  • 1-Story Property

About This Home

As of August 2019

Move right in to this recently updated second floor unit with with an open floor plan.This home has brand new wood floors and carpeting, fresh paint,updated kitchen and bath. Why rent when you can own this home conveniently located to shopping, transportation, hospitals and more!

Last Agent to Sell the Property

ANNE LAWTON

EXP REALTY, LLC Listed on: 06/13/2019

EXP REALTY, LLC

Last Buyer's Agent

EILEEN CAMPOS

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1984

Lot Details

  • 523

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Blinds
  • Living Room
  • Formal Dining Room
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Parking Lot

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Heat Pump System
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00424-0008-00014-0001-C0088
  • Tax Block *

Community Details

Overview

  • Association fees include snow removal, trash collection, maintenance-common area

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,556

Year Built

Built in 1984

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1984
  • Year Built Description: Approximate
  • County Name: Somerset
  • Possible Other Uses: Home-Office
  • Street Number Display: 88
  • Directions: New Brunswick Road to Hexam, Left on Marlowe
  • I D: 4906352
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: Quailbrook Trendmaker
  • First Name: ANNE
  • First Name3: EILEEN
  • Last Name: LAWTON
  • Last Name3: CAMPOS
  • Office Phone3: 732-476-6058
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Dishwasher, Kitchen Exhaust Fan, Stackable Washer/Dryer, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Breakfast Bar, Not Eat-In Kitchen, Galley Type
  • Kitchen Level: Second
  • Living Room Dim: 16x14
  • Living Room Level: Second
  • Level 2 Rooms: Laundry Room, 2 Bedrooms, Living Room, Dining Room, Attic, Bath Main, Kitchen
  • Phone: 908-874-3308

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Parking Lot-Shared, Additional Parking, Lighting, Blacktop, Common

Utilities

  • Cooling: 2 Units
  • Fuel Type: Electric
  • Heating: 2 Units, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Maintenance Fee: 160
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection, Maintenance-Common Area

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Assessed Improvement Value: 122800
  • Assessed Land Value: 35000
  • Assessment: 157800
  • Easement: Unknown
  • Lot Identifier: 14.1
  • Lot I D Tax: *
  • Lot Size Tax: *

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: 3556
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00424-0008-00014-0001-C0088
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Aug 12, 2019
Sold by
Roselli Patricia
Bought by
Molina Elline E
Seller's Agent
ANNE LAWTON
EXP REALTY, LLC
Buyer's Agent
EILEEN CAMPOS
COLDWELL BANKER REALTY
List Price
$189,000
Sold Price
$183,900
Premium/Discount to List
-$5,100
-2.7%
Current Estimated Value
$309,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,940
Avg. Annual Appreciation
8.21%
Original Mortgage
$174,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2013
Closed on
Oct 22, 2013
Sold by
Hobbs Joshua S and Hobbs Andrea Marie
Bought by
Roselli Patricia
Seller's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
Sold Price
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Oct 2, 2006
Sold by
James Shariff
Bought by
Hobbs Joshua S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.52%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Moore Benjamin G
Bought by
James Shariff

Purchase Details

Closed on
May 27, 1994
Sold by
Henry Kathryn
Bought by
Bailey Stephen and Bailey Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.49%
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
Molina Elline E $183,900 Victoria Abstract Setmnt Svc
Roselli Patricia $123,000 None Available
Hobbs Joshua S $210,000 --
James Shariff $125,000 --
Bailey Stephen $75,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Elline E $170,000
Closed Molina Elline E $174,600
Previous Owner Hobbs Joshua S $206,755
Previous Owner Bailey Stephen $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $183,900 -2.7% --
06/28/2019 06/28/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $189,000 +53.7% --
10/25/2013 10/25/13 Sold $123,000 -- --
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 $4,687 $257,800 $135,000 $122,800
2023 $4,592 $237,800 $115,000 $122,800
2022 $4,031 $197,800 $75,000 $122,800
2021 $3,938 $177,800 $55,000 $122,800
2020 $3,912 $172,800 $50,000 $122,800
2019 $3,978 $172,800 $50,000 $122,800
2018 $3,670 $157,800 $35,000 $122,800
2017 $3,683 $157,800 $35,000 $122,800
2016 $3,710 $157,800 $35,000 $122,800
2015 $3,568 $152,800 $30,000 $122,800
2014 $3,610 $156,800 $34,000 $122,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3565084

Garden State MLS

APN: 08-00424-08-00014-01-C0088