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196 Kingsberry Drive

196 Kingsberry Drive, Somerset, NJ 08873
Property in Somerset
Sold Jul 11, 2016
$239,900
$249,000 by Visions Federal Credit Union
Mortgage Due Dec 25, 2053
Sold Jul 11, 2007
$283,000
$128,000 by Phh Mortgage Services Corp
Mortgage Due Jul 01, 2037
196 Kingsberry Drive has been categorized by the local assessors in Somerset, NJ as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The building has a total of 2 stories. In addition, 196 Kingsberry Drive has 1,564 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 196 Kingsberry Drive sold most recently in Jun 24, 2016 for a total of $239,900. If you work out the math, that's approximately a cost of $153.39 per sqft. Before that, the property was also sold for $283,000 in Jun 29, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,896 in taxes each year. 196 Kingsberry Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $358,800. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $208,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,564
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSBERRY ACRES
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : LEE JASON J
  • Previous Owner : BORGER CATHERINE M
  • Previous Owner 2: BRADSHAW JOHN
  • Owner Before Previous Owner: FORMAN DONALD
  • Owner Before Previous Owner 2: FORMAN CYNTHIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053405

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 4301
  • District: 08
  • Parcel: 08 00085-0000-00056- 03-C0196
  • Block: 85
  • Lot: 56.03
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4698
  • Longitude: -74.5041

    Address

  • Full Address: 196 Kingsberry Dr
  • Address - House Number: 196
  • Address - Street Name: Kingsberry
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C026
  • 4-Digit Zip Code: 4313
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,896

    Appraisal Valuation

  • Standard Deviation: 0.1451
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 84
  • Final Value: 442,859
  • High Value: 503,684
  • Low Value: 382,033

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,000
  • First Open Lien Mortgage Lender: VISIONS FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 07, 2024
  • First Open Lien Mortgage Loan Amount: $249,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 25, 2053

    Market Valuation

  • Market Total Value: $354,861
  • Market Land Value: $148,353
  • Market Improvement Value: $206,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,800
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $208,800

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Jul 11, 2016
  • Current Sale Transaction ID: 1868300962
  • Current Sale Price: $239,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016027262
  • Previous Sale Recording Date: Jul 11, 2007
  • Previous Sale Contract Date: Jun 29, 2007
  • Previous Sale Amount: $283,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jul 11, 2016
  • First Mortgage Loan Amount: $227,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • Previous Mortgage Transaction Date: Jul 11, 2007
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Six Mile Run



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Frequently Asked Questions

What neighborhood is 196 Kingsberry Drive located in?
The 196 Kingsberry Drive is a located in the neighborhood of Somerset in Six Mile Run, Somerset.
What is the average sales price for listings in 196 Kingsberry Drive?
The average sales price for units in 196 Kingsberry Drive is $0 currently.

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