NOT LISTED FOR SALE

881 Somerset Ct Unit 881 Ramsey, NJ 07446

Estimated Value: $609,210 - $873,000

2 Beds
3 Baths
1,407 Sq Ft
$493/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $395,000 $281 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,578/month

About This Home

As of December 2014

This home is located at 881 Somerset Ct Unit 881, Ramsey, NJ 07446 since 01 December 2014 and is currently estimated at $693,803, approximately $493 per square foot. This property was built in 1993. 881 Somerset Ct Unit 881 is a home located in Bergen County with nearby schools including Ramsey High School.

Last Agent to Sell the Property

Sean Farley

TERRIE O'CONNOR REALTORS Brokerage Phone: 201-934-0600 Listed on: 12/01/2014

TERRIE O'CONNOR REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,757

Year Built

  • Built in 1993

Lot Details

  • 784

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,757

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Bergen
  • Street Number Display: 881
  • I D: 4475672
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-934-0600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Sherwood Michele
Bought by
Sherwood Michele L
Current Estimated Value
$693,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2014
Closed on
Nov 26, 2014
Sold by
Laneve Louis T and Laneve Sarah
Bought by
Sherwood Michele
Seller's Agent
Sean Farley
TERRIE O'CONNOR REALTORS
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Craviolo Christine
Bought by
Laneve Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Interest Rate
6.16%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Haber Jeffrey C
Bought by
Craviolo Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.11%

Purchase Details

Closed on
Dec 27, 1993
Sold by
Town & Country Dev
Bought by
Haber Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Sherwood Michele L -- Surety Ttl Svcs North Region
Sherwood Michele L -- None Listed On Document
Sherwood Michele $395,000 Stewart Title Guaranty Co
Laneve Louis $475,000 --
Craviolo Christine $214,500 --
Haber Jeffrey $184,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherwood Michele L $184,000
Previous Owner Laneve Louis $451,250
Previous Owner Craviolo Christine $142,500
Previous Owner Haber Jeffrey $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $395,000 -- $281 / Sq Ft
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
2025 $10,757 $497,500 $200,000 $297,500
2024 $10,433 $381,200 $120,000 $261,200
2023 $9,999 $381,200 $120,000 $261,200
2022 $9,999 $381,200 $120,000 $261,200
2021 $9,885 $381,200 $120,000 $261,200
2020 $9,797 $381,200 $120,000 $261,200
2019 $9,370 $381,200 $120,000 $261,200
2018 $9,137 $381,200 $120,000 $261,200
2017 $8,966 $381,200 $120,000 $261,200
2016 $8,718 $381,200 $120,000 $261,200
2015 $8,778 $325,000 $110,000 $215,000
2014 $9,550 $359,700 $110,000 $249,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3167749

Garden State MLS

APN: 48-04001-0000-00012-0000-C0881