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364 Cotswold Place

364 Cotswold Place, Somerset, NJ 08873
Property in Somerset
364 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. The building has a total of 2 stories. In addition, 364 Cotswold Place has 1,663 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 720 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 2,016 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. 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, 364 Cotswold Place sold most recently in Oct 16, 2020 for a total of $330,000. If you work out the math, that's approximately a cost of $198.44 per sqft. Before that, the property was also sold for $246,000 in Nov 16, 2012. 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 $6,683 in taxes each year. 364 Cotswold Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,100. If we break it down further, the land itself was valued at $145,000. Improvements to the property, however, were assessed at a total of $201,100. The property's total assessed value has been marked as more than the total market value 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.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200904
09/04/2020
Loft
3 Bath
-
$330,000
bedrooms
Loft
bathrooms
3 Bath
$330,000
10/23/2020
Tina L Chen

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,016
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,663
  • Building Area: 1,663
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,663
  • 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 : MOULLA MICHAEL
  • Previous Owner : LIN FRANK S
  • Previous Owner 2: LIN JEFFREY S
  • Owner Before Previous Owner: GRACE RACHEL
  • 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 6301
  • District: 08
  • Parcel: 08 00417- 02-00364
  • Block: 417.02
  • Lot: 364
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5033
  • Longitude: -74.5182

    Address

  • Full Address: 364 Cotswold Pl
  • Address - House Number: 364
  • Address - Street Name: Cotswold
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C029
  • 4-Digit Zip Code: 4964
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,683

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 429,135
  • High Value: 497,269
  • Low Value: 361,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $313,500
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $313,500
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $342,300
  • Market Land Value: $143,408
  • Market Improvement Value: $198,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,100
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11794776832
  • Current Sale Price: $330,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020051760
  • Previous Sale Recording Date: Dec 13, 2012
  • Previous Sale Contract Date: Nov 16, 2012
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $313,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Somerset



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Frequently Asked Questions

What neighborhood is 364 Cotswold Place located in?
The 364 Cotswold Place is a other located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 364 Cotswold Place?
The average sales price for units in 364 Cotswold Place is $330,000 currently.

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