Check Availability

295 Somerset Road

295 Somerset Road, West Deptford, NJ 08096
Property in Gloucester
Sold Oct 12, 2020
$218,000
$214,051 by Allied Mortgage Group Inc
Mortgage Due Oct 01, 2050
Sold May 03, 2019
$72,500
$3,565,000 by Tpc Investors Llc
Mortgage
Local assessors in West Deptford, NJ have categorized 295 Somerset Road as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 13,915 square feet. The linear feet between the front and back of the lot was measured at 1,210 ft and the front of the lot was measured at 1,150 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 295 Somerset Road has a total of 1,435 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 295 Somerset Road was last sold in Sep 24, 2020 for $218,000. According to our calculations, that's $151.92 per sqft. Prior to that sales transaction, the property was sold for $72,500 in Apr 23, 2019. Current property owners are expected to pay $5,264 in taxes per year. The property on 295 Somerset Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $151,700. To break that down further, the land itself was valued at $39,100. While improvements to the property were assessed at a total of $112,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Building Style

Cape Cod
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,915
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 1,435
  • Building Area: 1,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,435
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.319
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: DOCKET F-21313-18

Ownership

  • Current Owner : ZACHARY FAATIMA Z
  • Current Owner 2: PEARSALL LYDIA R
  • Previous Owner : CENTRAL SHORE FUNDING LLC
  • Owner Before Previous Owner: PC7REO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Deptford Township School District
  • Census Tract: 501104

Zoning

  • Zoning: R10A

Geography

  • Assessors Map Reference: TAX MAP 21.1
  • District: 02
  • Parcel: 02 00510-0000-00011
  • Block: 510
  • Lot: 11
  • Municipality: DEPTFORD TWP
  • Latitude: 39.8231
  • Longitude: -75.1239

    Address

  • Full Address: 295 Somerset Rd
  • Address - House Number: 295
  • Address - Street Name: Somerset
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Woodbury
  • Carrier Code: C034
  • 4-Digit Zip Code: 6066
  • Zip Code: 08096

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,264

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 292,962
  • High Value: 350,809
  • Low Value: 235,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,051
  • First Open Lien Mortgage Lender: ALLIED MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 12, 2020
  • First Open Lien Mortgage Loan Amount: $214,051
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $185,656
  • Market Land Value: $47,852
  • Market Improvement Value: $137,804

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,700
  • Assessed Land Value: $39,100
  • Assessed Improvements Value: $112,600

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 12, 2020
  • Current Sale Transaction ID: 11793811246
  • Current Sale Price: $218,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 42657
  • Previous Sale Recording Date: May 03, 2019
  • Previous Sale Contract Date: Apr 23, 2019
  • Previous Sale Amount: $72,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIED MORTGAGE GROUP INC
  • First Mortgage Transaction Date: Oct 12, 2020
  • First Mortgage Loan Amount: $214,051
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TPC INVESTORS LLC
  • Previous Mortgage Transaction Date: May 03, 2019
  • Previous Mortgage Loan Amount: $3,565,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Gloucester



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 46 Arrowwood Court, WOODBURY, NJ, 08096

$2,300 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,752 ft²
46 Arrowwood Court, WOODBURY, NJ, 08096 Listing by Peter Sideris

Frequently Asked Questions

What neighborhood is 295 Somerset Road located in?
The 295 Somerset Road is a located in the neighborhood of Gloucester in Gloucester, West Deptford.
What is the average sales price for listings in 295 Somerset Road?
The average sales price for units in 295 Somerset Road is $0 currently.

Quantcast