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396 Inwood Court

396 Inwood Court, Somerset, NJ 08873
Property in Somerset
Sold Sep 08, 2020
$249,000
Buyer
Seller
$199,200 by Primelending
Mortgage Due Sep 01, 2050
Sold Oct 15, 2014
$203,500
$2,000 by Investors Home Mortgage
Mortgage Due Oct 01, 2044
396 Inwood Court in Somerset, NJ was first built in 1988 and is 36 years old. This has been categorized as a residential property type. There are a total of 2 floors. 396 Inwood Court has 1,320 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. The linear feet across the front of the lot is 220 ft and the linear feet between the front and back of the lot is 610. In total, the area measurement of the land is 1,342 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 396 Inwood Court sold most recently in Aug 25, 2020 for a total of $249,000. If you work out the math, that's approximately a cost of $188.64 per sqft. Before that, the property was also sold for $203,500 in Sep 23, 2014. 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 $5,832 in taxes each year. 396 Inwood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $302,000. 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 $152,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,342
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 220
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.031
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WU SAMANTHA
  • Previous Owner : CHEN ANDREW
  • Owner Before Previous Owner: KIRCHOFF CONCEPCION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053105

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 7608
  • District: 08
  • Parcel: 08 00424- 04-00396
  • Block: 424.04
  • Lot: 396
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5132
  • Longitude: -74.5195

    Address

  • Full Address: 396 Inwood Ct
  • Address - House Number: 396
  • Address - Street Name: Inwood
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C036
  • 4-Digit Zip Code: 4867
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,832

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 364,977
  • High Value: 422,452
  • Low Value: 307,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,200
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Sep 08, 2020
  • First Open Lien Mortgage Loan Amount: $199,200
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $298,684
  • Market Land Value: $148,353
  • Market Improvement Value: $150,331

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,000
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $152,000

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Sep 08, 2020
  • Current Sale Transaction ID: 11790432851
  • Current Sale Price: $249,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020040988
  • Previous Sale Recording Date: Oct 15, 2014
  • Previous Sale Contract Date: Sep 23, 2014
  • Previous Sale Amount: $203,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Sep 08, 2020
  • First Mortgage Loan Amount: $199,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INVESTORS HOME MORTGAGE
  • Previous Mortgage Transaction Date: Oct 15, 2014
  • Previous Mortgage Loan Amount: $2,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2044

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 396 Inwood Court located in?
The 396 Inwood Court is a other located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 396 Inwood Court?
The average sales price for units in 396 Inwood Court is $249,000 currently.

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