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42 Kingsberry Drive

42 Kingsberry Drive, Somerset, NJ 08873
Property in Somerset
Sold Apr 03, 2017
$240,000
$235,653 by Primelending
Mortgage Due Apr 01, 2047
Sold Jan 03, 2011
$5,877
Local assessors in Somerset, NJ have categorized 42 Kingsberry Drive as a residential type of property. The home was built in 1983 and is 41 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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 42 Kingsberry Drive has a total of 1,648 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 42 Kingsberry Drive sold most recently in Mar 24, 2017 for a total of $240,000. If you work out the math, that's approximately a cost of $145.63 per sqft. Before that, the property was also sold for $5,877 in Oct 21, 2010. 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 $6,656 in taxes each year. 42 Kingsberry Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,300. 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 $196,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSBERRY ACRES
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : KING ANTHONY D
  • Current Owner 2: KING SAMANTHA
  • Previous Owner : MAJIDUDDIN FAHD
  • Previous Owner 2: ZUBAIR FAIZA
  • Owner Before Previous Owner: MORLEY TIMOTHY
  • Owner Before Previous Owner 2: MORLEY DEBORAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053405

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 4301
  • District: 08
  • Parcel: 08 00085-0000-00056- 03-C0042
  • Block: 85
  • Lot: 56.03
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4677
  • Longitude: -74.5019

    Address

  • Full Address: 42 Kingsberry Dr
  • Address - House Number: 42
  • Address - Street Name: Kingsberry
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C026
  • 4-Digit Zip Code: 4303
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,656

    Appraisal Valuation

  • Standard Deviation: 0.1451
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 427,668
  • High Value: 489,963
  • Low Value: 365,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Apr 03, 2017
  • First Open Lien Mortgage Loan Amount: $235,653
  • 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: Apr 01, 2047

    Market Valuation

  • Market Total Value: $342,498
  • Market Land Value: $148,353
  • Market Improvement Value: $194,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,300
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $196,300

    Sales

  • Current Sale Contract Date: Mar 24, 2017
  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Transaction ID: 1807058470
  • Current Sale Price: $240,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017013384
  • Previous Sale Recording Date: Jan 03, 2011
  • Previous Sale Contract Date: Oct 21, 2010
  • Previous Sale Amount: $5,877
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Apr 03, 2017
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

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Frequently Asked Questions

What neighborhood is 42 Kingsberry Drive located in?
The 42 Kingsberry Drive is a located in the neighborhood of Somerset in Six Mile Run, Somerset.
What is the average sales price for listings in 42 Kingsberry Drive?
The average sales price for units in 42 Kingsberry Drive is $0 currently.

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