Check Availability

199 Grayson Drive

199 Grayson Drive, Belle Mead, NJ 08502
Property in Somerset
Sold Aug 12, 2002
$806,081
$292,000 by Poli Mortgage Group Inc
Mortgage Due Jun 02, 2036
199 Grayson Drive in Belle Mead, NJ was first built in 2002 and is 22 years old. This has been categorized as a residential property type. 199 Grayson Drive has 4,831 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. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. 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, 199 Grayson Drive sold most recently in Jul 29, 2002 for a total of $806,081. If you work out the math, that's approximately a cost of $166.86 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $26,295 in taxes each year. 199 Grayson Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $768,200. If we break it down further, the land itself was valued at $193,000. Improvements to the property, however, were assessed at a total of $575,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 4,831
  • Building Area: 4,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,831
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PURKIS RAYMOND
  • Current Owner 2: PURKIS DANETTE
  • Previous Owner : TOLL LAND XXV LP
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Montgomery Township School District
  • Census Tract: 053905

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 23
  • Account Number: 6891
  • District: 13
  • Parcel: 13 07032-0000-00023
  • Block: 7032
  • Lot: 23
  • Municipality: MONTGOMERY TWP
  • Latitude: 40.451
  • Longitude: -74.634

    Address

  • Full Address: 199 Grayson Dr
  • Address - House Number: 199
  • Address - Street Name: Grayson
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Belle Mead
  • Carrier Code: R011
  • 4-Digit Zip Code: 4932
  • Zip Code: 08502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,295

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,383,265
  • High Value: 1,573,253
  • Low Value: 1,193,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,000
  • First Open Lien Mortgage Lender: POLI MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: May 25, 2016
  • First Open Lien Mortgage Loan Amount: $292,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 02, 2036

    Market Valuation

  • Market Total Value: $1,061,343
  • Market Land Value: $266,648
  • Market Improvement Value: $794,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768,200
  • Assessed Land Value: $193,000
  • Assessed Improvements Value: $575,200

    Sales

  • Current Sale Contract Date: Jul 29, 2002
  • Current Sale Recording Date: Aug 12, 2002
  • Current Sale Transaction ID: 1120632379
  • Current Sale Price: $806,081
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WESTMINSTER MTG
  • First Mortgage Transaction Date: Aug 12, 2002
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360

About Somerset



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 226 Rhoads Dr, Montgomery Twp., NJ, 08502-4112

$3,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 2,214 ft²
226 Rhoads Dr, Montgomery Twp., NJ, 08502-4112 Listing by NEENA SAMPAT

Frequently Asked Questions

What neighborhood is 199 Grayson Drive located in?
The 199 Grayson Drive is a located in the neighborhood of Somerset in Somerset, Belle Mead.
What is the average sales price for listings in 199 Grayson Drive?
The average sales price for units in 199 Grayson Drive is $0 currently.

Quantcast