NOT LISTED FOR SALE

254 Altamont Place Somerville, NJ 08876

Estimated Value: $942,955 - $1,065,000

7 Beds
5 Baths
-- Sq Ft
0.5 Acres

Last Sold May 22, 2023

Last sale price $845,000

Est. 19% increase in value since last sale

Current estimated payment $7,657/month

7 Days on Market

About This Home

As of May 2023

This home is located at 254 Altamont Place, Somerville, NJ 08876 since 24 March 2023 and is currently estimated at $1,007,989. This property was built in 1837. 254 Altamont Place is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Last Listed By

TERESA AVIN

RE/MAX PREFERRED PROFESSIONALS Brokerage Phone: 908-685-0700 Listed on: 03/24/2023

RE/MAX PREFERRED PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,374

Year Built

  • 1837

Lot Details

  • 0.5

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,374

Year Built

1837

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 254
  • I D: 5210607
  • Modified: 2024-05-23
  • Number Images: 1
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1837

Interior Features

  • Bedrooms: 7
  • Bathrooms: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 19, 2023
Sold by
Manilio Giovanni
Bought by
Gordish Maria A and Vanelderen Valerie
Seller's Agent
TERESA AVIN
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
BONNIE RAMSEY
COMPASS NEW JERSEY, LLC
List Price
$865,000
Sold Price
$845,000
Premium/Discount to List
-$20,000
-2.31%
Total Days on Market
7
Views
74
Current Estimated Value
$1,007,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,989
Avg. Annual Appreciation
10.51%
Original Mortgage
$649,974
Outstanding Balance
$638,432
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$386,357

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 6, 2023
Sold by
Manilio Giovanni
Bought by
Manilio Giovanni
Seller's Agent
TERESA AVIN
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
BONNIE RAMSEY
COMPASS NEW JERSEY, LLC
List Price
$865,000
Sold Price
$845,000
Premium/Discount to List
-$20,000
-2.31%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,974
Outstanding Balance
$638,432
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$386,357

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 30, 2022
Sold by
Lazartic Donna V
Bought by
Manilio Giovanni
Seller's Agent
TERESA AVIN
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
TERESA AVIN
RE/MAX PREFERRED PROFESSIONALS
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.82%
Original Mortgage
$680,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Thomson George
Bought by
Lazartic Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.17%

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gordish Maria A $845,000 Allied Title
Manilio Giovanni -- None Listed On Document
Manilio Giovanni -- None Listed On Document
Manilio Giovanni $850,000 --
Lazartic Donna $382,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordish Maria A $649,974
Previous Owner Manilio Giovanni $680,000
Previous Owner Lazartic Donna $416,000
Previous Owner Lazartic Donna $236,000
Previous Owner Lazartic Donna $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $845,000 -2.3% --
04/19/2023 04/19/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $865,000 +1.8% --
09/02/2022 09/02/22 Sold $850,000 -5.0% --
08/29/2022 08/29/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $895,000 -5.8% --
07/06/2022 07/06/22 For Sale $950,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

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 $24,374 $616,600 $169,500 $447,100
2023 $25,200 $652,500 $205,400 $447,100
2022 $24,541 $652,500 $205,400 $447,100
2021 $23,718 $652,500 $205,400 $447,100
2020 $23,882 $652,500 $205,400 $447,100
2019 $23,718 $652,500 $205,400 $447,100
2018 $23,464 $652,500 $205,400 $447,100
2017 $22,981 $652,500 $205,400 $447,100
2016 $22,048 $652,500 $205,400 $447,100
2015 $21,754 $652,500 $205,400 $447,100
2014 $21,409 $652,500 $205,400 $447,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3834794

Garden State MLS

APN: 18-00139-0000-00016