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346 Cotswold Place

346 Cotswold Place, Somerset, NJ 08873
Property in Somerset
Sold Jun 28, 2013
$250,000
$130,000 by Affinity Fcu
Mortgage Due Jul 01, 2043
Sold Jun 04, 2004
$235,000
$100,000 by Somerset Valley Bank
Mortgage
346 Cotswold Place 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 1986 and is 38 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 346 Cotswold Place has 1,250 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 740 ft and across the front of the lot is 480 ft. The area measurement of the land has been determined as 3,552 square feet.

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. 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, 346 Cotswold Place was last sold in Jun 6, 2013 for $250,000. According to our calculations, that's $200.00 per sqft. Prior to that sales transaction, the property was sold for $235,000 in May 25, 2004. Current property owners are expected to pay $5,515 in taxes per year. The property on 346 Cotswold Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $285,600. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $175,600. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,552
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ANDERMAN RUTH
  • Previous Owner : OCONNOR MARGARET
  • Previous Owner 2: OCONNOR JOHN
  • Owner Before Previous Owner: EXECUTRIX DEBORAH WARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 6302
  • District: 08
  • Parcel: 08 00417- 02-00346
  • Block: 417.02
  • Lot: 346
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5041
  • Longitude: -74.5171

    Address

  • Full Address: 346 Cotswold Pl
  • Address - House Number: 346
  • Address - Street Name: Cotswold
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C029
  • 4-Digit Zip Code: 4963
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,515

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 407,712
  • High Value: 473,697
  • Low Value: 341,727

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: AFFINITY FCU
  • First Open Lien Mortgage Recording Date: Jun 28, 2013
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Jul 01, 2043

    Market Valuation

  • Market Total Value: $282,464
  • Market Land Value: $108,792
  • Market Improvement Value: $173,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,600
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $175,600

    Sales

  • Current Sale Contract Date: Jun 06, 2013
  • Current Sale Recording Date: Jun 28, 2013
  • Current Sale Transaction ID: 1192784107
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013035961
  • Previous Sale Recording Date: Jun 04, 2004
  • Previous Sale Contract Date: May 25, 2004
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AFFINITY FCU
  • First Mortgage Transaction Date: Jun 28, 2013
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: SOMERSET VALLEY BANK
  • Previous Mortgage Transaction Date: Jun 04, 2004
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 346 Cotswold Place located in?
The 346 Cotswold Place is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 346 Cotswold Place?
The average sales price for units in 346 Cotswold Place is $0 currently.

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