Seller's Agent in 2024
Vanessa Diaz
Callaway Henderson Sotheby's Int'l-Princeton
(908) 952-5554
1 in this area
47 Total Sales
174 Cedar Grove Ln Somerset, NJ 08873
Somerset NeighborhoodEstimated Value: $1,125,749 - $1,187,000
4
Beds
4.5
Baths
--
Sq Ft
2004
Built
Highlights
- Home Theater
- View of Trees or Woods
- Contemporary Architecture
- Gourmet Kitchen
- Deck
- Space For Rooms
About This Home
As of July 2024Luxury and inspiration converge in this large, lovely home located down a semi-private drive shared with only one other house. Unlike anything you'll find elsewhere, every room is filled with refined, hand-picked designer elegance. Culinary artistry flourishes amid the sleek sophistication of a Poggenpohl kitchen infused with European flair, boasting appliances from elite brands like Jenn Air, Miele, and Viking. A granite countertop stretches gracefully across a long center peninsula, creating the perfect spot to gather when not in the great room, the living room, or the dining room. Indulge your senses in the sanctuary of four and a half meticulously crafted bathrooms, curated by the prestigious Porcelanosa brand. From masterful tiling to exquisite sink vanities, every element exceeds expectations. The entire home underwent a transformative renovation in 2012, expanding to feature a second primary suite adorned with custom closets, one of four exquisite bedrooms. The basement expands the living space even more with artistic accents, multiple finished spaces, and plenty of storage. Venture outside to the allure of al fresco living illuminated by the soft glow of stadium lights. Cambridge pavers create a patio destined for unforgettable gatherings beneath the open sky. The garage even includes a Tesla charging station. A true testament to the art of living beautifully, luxury and inspiration converge to create a haven unlike any other here. This home is not to be missed!
Last Listed By
Callaway Henderson Sotheby's Int'l-Princeton License #1006080 Listed on: 02/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,337
Year Built
- Built in 2004 | Remodeled in 2012
Lot Details
- Northwest Facing Home
- Sprinkler System
- Property is in very good condition
- Property is zoned R40
Parking
- 3 Car Direct Access Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Rambler Architecture
- Asphalt Roof
- Stone Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- Property has 1 Level
- Tray Ceiling
- Recessed Lighting
- Double Pane Windows
- Window Treatments
- Sliding Windows
- Sliding Doors
- Entrance Foyer
- Great Room
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Theater
- Bonus Room
- Storage Room
- Tile or Brick Flooring
- Views of Woods
- Attic
Kitchen
- Gourmet Kitchen
- Built-In Oven
- Gas Oven or Range
- Built-In Range
- Stove
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Gas Dryer
- Washer
Finished Basement
- Heated Basement
- Sump Pump
- Space For Rooms
Home Security
- Storm Windows
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
- Flood Lights
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Office or Studio
- Playground
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Vented Exhaust Fan
- Underground Utilities
- High-Efficiency Water Heater
- Natural Gas Water Heater
Additional Features
- Lowered Light Switches
- Energy-Efficient Appliances
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00003 03
- Assessor Parcel Number 08-00424 12-00003 03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Jul 18, 2024
Sold by
Aslam Faisal and Faisal Anila
Bought by
Ali Muhammad Zain and Aleem Muhammad
Seller's Agent
Vanessa Diaz
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
ruby mitwalli
Century 21 Abrams & Associates, Inc.
List Price
$1,299,000
Sold Price
$1,125,000
Premium/Discount to List
-$174,000
-13.39%
Total Days on Market
96
Views
484
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,937
Avg. Annual Appreciation
3.35%
Original Mortgage
$956,250
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2011
Sold by
Reina Dominick and Reina Rosalie
Bought by
Aslam Faisal and Faisal Anila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.83%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ali Muhammad Zain | $1,125,000 | Stewart Title | |
| Aslam Faisal | $600,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ali Muhammad Zain | $956,250 | |
| Previous Owner | Aslam Faisal M | $15,100 | |
| Previous Owner | Aslam Faisal | $350,000 | |
| Previous Owner | Reina Dominick | $200,000 | |
| Previous Owner | Reina Dominick | $384,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2024 07/18/24 | Sold | $1,125,000 | -6.2% | -- |
| 05/29/2024 05/29/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | Price Changed | $1,199,000 | -6.0% | -- |
| 04/26/2024 04/26/24 | Price Changed | $1,274,999 | -1.8% | -- |
| 02/23/2024 02/23/24 | For Sale | $1,299,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,095 | $830,300 | $325,600 | $504,700 |
| 2023 | $15,338 | $794,300 | $289,600 | $504,700 |
| 2022 | $14,079 | $690,800 | $186,100 | $504,700 |
| 2021 | $12,738 | $654,800 | $150,100 | $504,700 |
| 2020 | $16,369 | $723,000 | $141,100 | $581,900 |
| 2019 | $16,643 | $723,000 | $141,100 | $581,900 |
| 2018 | $17,131 | $736,500 | $154,600 | $581,900 |
| 2017 | $17,190 | $736,500 | $154,600 | $581,900 |
| 2016 | $17,315 | $736,500 | $154,600 | $581,900 |
| 2015 | $17,202 | $736,700 | $154,600 | $582,100 |
| 2014 | $16,795 | $729,600 | $153,700 | $575,900 |
Source: Public Records
Agents Affiliated with this Home
-
Vanessa Diaz
-
ruby mitwalli
r
Buyer's Agent in 2024
ruby mitwalli
Century 21 Abrams & Associates, Inc.
(732) 277-7057
1 in this area
6 Total Sales
Map
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Source: Bright MLS
MLS Number: NJSO2003032
APN: 08-00424-12-00003-03
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