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11 West Lake Court

11 West Lake Court, Somerset, NJ 08873
Property in Somerset
Sold Jul 03, 2013
$250,500
$226,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2045
Sold Jan 13, 2006
$328,000
$178,000 by Countrywide Home Loans Inc
Mortgage
11 West Lake Court in Somerset, NJ was first built in 1987 and is 37 years old. This has been categorized as a residential property type. There are a total of 2 floors. 11 West Lake Court has 1,919 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 240 ft and the linear feet between the front and back of the lot is 840. In total, the area measurement of the land is 2,016 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11 West Lake Court was last sold in Jun 27, 2013 for $250,500. According to our calculations, that's $130.54 per sqft. Prior to that sales transaction, the property was sold for $328,000 in Jan 6, 2006. Current property owners are expected to pay $6,977 in taxes per year. The property on 11 West Lake Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $361,300. To break that down further, the land itself was valued at $154,000. While improvements to the property were assessed at a total of $207,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,016
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 240
  • Total Building Area: 1,919
  • Building Area: 1,919
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,919
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SUSKIN BRIAN
  • Current Owner 2: SUSKIN MARCY
  • Previous Owner : REILLY MICHELE LYNN
  • Owner Before Previous Owner: ARMENTO RITA DOMASICA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 054302

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 8602
  • District: 08
  • Parcel: 08 00424- 02-00011- 13
  • Block: 424.02
  • Lot: 11.13
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5247
  • Longitude: -74.5172

    Address

  • Full Address: 11 W Lake Ct
  • Address - House Number: 11
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C034
  • 4-Digit Zip Code: 4702
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,977

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 481,666
  • High Value: 559,620
  • Low Value: 403,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 18, 2015
  • First Open Lien Mortgage Loan Amount: $226,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2045

    Market Valuation

  • Market Total Value: $357,333
  • Market Land Value: $152,309
  • Market Improvement Value: $205,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,300
  • Assessed Land Value: $154,000
  • Assessed Improvements Value: $207,300

    Sales

  • Current Sale Contract Date: Jun 27, 2013
  • Current Sale Recording Date: Jul 03, 2013
  • Current Sale Transaction ID: 1120679733
  • Current Sale Price: $250,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2013037209
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Contract Date: Jan 06, 2006
  • Previous Sale Amount: $328,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 03, 2013
  • First Mortgage Loan Amount: $230,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jan 13, 2006
  • Previous Mortgage Loan Amount: $178,000
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 11 West Lake Court located in?
The 11 West Lake Court is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 11 West Lake Court?
The average sales price for units in 11 West Lake Court is $0 currently.

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