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8 Canterbury Circle

8 Canterbury Circle, Somerset, NJ 08873
Property in Somerset
Sold Jun 10, 2019
$245,000
$220,000 by Primelending
Mortgage Due Jun 01, 2049
Sold Dec 28, 2016
$230,000
$218,500 by Movement Mortgage
Mortgage Due Jan 01, 2047
Local assessors in Somerset, NJ have categorized 8 Canterbury Circle as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 1,360 square feet. The linear feet between the front and back of the lot was measured at 680 ft and the front of the lot was measured at 200 ft. 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 8 Canterbury Circle has a total of 1,184 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. 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, 8 Canterbury Circle sold most recently in May 10, 2019 for a total of $245,000. If you work out the math, that's approximately a cost of $206.93 per sqft. Before that, the property was also sold for $230,000 in Dec 15, 2016. 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 $5,714 in taxes each year. 8 Canterbury Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $295,900. 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 $145,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,360
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,184
  • 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 : GOODMAN SUSAN C
  • Previous Owner : FLANAGAN SEAN
  • Previous Owner 2: VARGA LAUREN
  • Owner Before Previous Owner: HALIM BAHEER
  • Owner Before Previous Owner 2: ZANFARDINO SIMONA
  • 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 7702
  • District: 08
  • Parcel: 08 00424- 04-00008
  • Block: 424.04
  • Lot: 8
  • Municipality: FRANKLIN TWP
  • Latitude: 40.507
  • Longitude: -74.5106

    Address

  • Full Address: 8 Canterbury Cir
  • Address - House Number: 8
  • Address - Street Name: Canterbury
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C029
  • 4-Digit Zip Code: 4801
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,714

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 390,962
  • High Value: 455,302
  • Low Value: 326,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Jun 10, 2019
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Jun 01, 2049

    Market Valuation

  • Market Total Value: $292,651
  • Market Land Value: $148,353
  • Market Improvement Value: $144,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,900
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $145,900

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: Jun 10, 2019
  • Current Sale Transaction ID: 11630478149
  • Current Sale Price: $245,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2019019938
  • Previous Sale Recording Date: Dec 28, 2016
  • Previous Sale Contract Date: Dec 15, 2016
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jun 10, 2019
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Dec 28, 2016
  • Previous Mortgage Loan Amount: $218,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Somerset



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Frequently Asked Questions

What neighborhood is 8 Canterbury Circle located in?
The 8 Canterbury Circle is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 8 Canterbury Circle?
The average sales price for units in 8 Canterbury Circle is $0 currently.

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