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442 Wheeler Place

442 Wheeler Place, Somerset, NJ 08873
Property in Somerset
Sold Mar 17, 2023
$30,878
$451,770 by American Financial Network, In
Mortgage Due Apr 01, 2053
Sold Aug 20, 2020
$401,000
$380,950 by Guaranteed Rate Affinity Llc
Mortgage Due Sep 01, 2050
Local assessors in Somerset, NJ have categorized 442 Wheeler Place as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 19,431 square feet. The linear feet between the front and back of the lot was measured at 1,530 ft and the front of the lot was measured at 1,270 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 442 Wheeler Place has a total of 1,344 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. The property was last sold in Mar 17, 2023 for $30,878. That's $22.97 per sqft. Prior to that sales transaction, the property was also sold in Aug 2, 2020 for $401,000. 442 Wheeler Place was last assessed in 2023. The total value of the property was assessed at $422,900. Specifically, the land the property is located on was valued at $229,600. While improvements on the property were assessed at a total of $193,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,204. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,431
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEIGH W KIMBALL
  • Land Acres: 0.446
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : THOMAS PRINCESS
  • Previous Owner : THOMAS PRINCESS
  • Owner Before Previous Owner: LEAL SUELI M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053103

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 6101
  • District: 08
  • Parcel: 08 00348-0000-00049
  • Block: 348
  • Lot: 49
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4892
  • Longitude: -74.4957

    Address

  • Full Address: 442 Wheeler Pl
  • Address - House Number: 442
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C030
  • 4-Digit Zip Code: 3377
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,204

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 486,082
  • High Value: 563,258
  • Low Value: 408,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,770
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK, IN
  • First Open Lien Mortgage Recording Date: Mar 17, 2023
  • First Open Lien Mortgage Loan Amount: $451,770
  • 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, 2053

    Market Valuation

  • Market Total Value: $418,257
  • Market Land Value: $227,079
  • Market Improvement Value: $191,178

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,900
  • Assessed Land Value: $229,600
  • Assessed Improvements Value: $193,300

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Transaction ID: 11903824880
  • Current Sale Price: $30,878
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 6794
  • Previous Sale Recording Date: Aug 20, 2020
  • Previous Sale Contract Date: Aug 02, 2020
  • Previous Sale Amount: $401,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK, IN
  • First Mortgage Transaction Date: Mar 17, 2023
  • First Mortgage Loan Amount: $451,770
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • Previous Mortgage Transaction Date: Aug 20, 2020
  • Previous Mortgage Loan Amount: $380,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Somerset



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Frequently Asked Questions

What neighborhood is 442 Wheeler Place located in?
The 442 Wheeler Place is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 442 Wheeler Place?
The average sales price for units in 442 Wheeler Place is $0 currently.

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