NOT LISTED FOR SALE

1 Merchant Ct Basking Ridge, NJ 07920

Estimated Value: $955,000 - $1,020,000

3 Beds
2.5 Baths
-- Sq Ft
$240/mo HOA Fee

Last Sold December 03, 2019

Last sale price $665,000

Est. 49% increase in value since last sale

Current estimated payment $6,652/month

60 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Mount Prospect Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of December 2019

No need to look further! Fantastic, sun-drenched end unit townhome with 2-car garage, 3 bedrooms plus sitting room (potential 4th bedroom), finished walkout lower level in one of the most desirable locations at Patriot Hill! Many recent upgrades including kitchen appliances, granite counters & tile backsplash; hardwood flooring on first level, renovated baths, & French door to lower level! Expanded master walk-in closet. New hi-efficiency 3-zone HVAC (2015) with electronic dampers & Nest thermostats, hot water heater (2015), garage door openers, loft rack storage in garage, led recessed lighting throughout. Entire interior painted including trim, and many new blinds. Tremendous space in this wonderful townhome set on one of Patriot Hill's largest lots providing 4 driveway parking spots. Don't miss it!

Last Agent to Sell the Property

SUSAN FAZIO

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 08/24/2019

Last Buyer's Agent

SUSAN FAZIO

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 08/24/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,868

Year Built

  • Built in 2000

Lot Details

  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Composition Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-10503-0000-00072-0000-

Community Details

Overview

  • Association fees include maintenance-exterior, trash collection, maintenance-common area

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,868

Year Built

Built in 2000

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2000
  • County Name: Somerset
  • Exclusions: Refrigerator in lower level, Mirrors in master closet & above fireplace
  • Directions: Allen Road to Patriot Hill, left at "T" to Hancock Ct to Merchant Ct
  • I D: 4925269
  • Section Subdiv Development: PATRIOT HILL
  • First Name: SUSAN
  • First Name3: SUSAN
  • Last Name: FAZIO
  • Last Name3: FAZIO
  • Office Phone: 908-766-0085
  • Office Phone3: 908-766-0085
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Dryer, Microwave Oven
  • Interior Amenities: JacuzTyp, Walk-In Closet, StallTub, Blinds, Shades, High Ceilings
  • Bedrooms: 3
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Walkout, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 14x13
  • Kitchen Level: First
  • Living Room Dim: 15x12
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 12x11
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: Laundry Room, Foyer, GarEnter, Living Room, Pantry, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, SittngRm, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler, Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: MulSport, Playground, Club House, Pool-Outdoor, Exercise Room, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 240
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Trash Collection, Maintenance-Common Area

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.24AC
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.24
  • Zoning: Residential

Rental Info

  • Application Fee: 800
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12868
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10503-0000-00072-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Nov 22, 2019
Sold by
Paliwal Aabhas and Shelat Shailu
Bought by
Li Songzi and Yuan Sanna
Seller's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$695,000
Sold Price
$665,000
Premium/Discount to List
-$30,000
-4.32%
Current Estimated Value
$989,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,179
Avg. Annual Appreciation
6.84%
Original Mortgage
$498,750
Outstanding Balance
$429,780
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$559,399

Purchase Details

Listed on
Dec 23, 2013
Closed on
Dec 23, 2013
Sold by
Whalen John
Bought by
Paliwal Aabhas and Shelat Shailu
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%
Original Mortgage
$586,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2013
Closed on
Nov 21, 2013
Sold by
Estate Of Joan M Wimbush and Bray Lori
Bought by
Whalen John
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Bachrach Henry T
Bought by
Wimbush James A and Wimbush Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.36%

Purchase Details

Closed on
Feb 4, 2000
Sold by
Patriots Lp
Bought by
Bachrach Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Songzi $665,000 Guardian Setmnt Agents Inc
Paliwal Aabhas $690,000 Colonial Title & Abstract Sv
Whalen John $680,000 None Available
Wimbush James A $550,000 --
Bachrach Henry $350,835 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Songzi $498,750
Previous Owner Paliwal Aabhas $586,500
Previous Owner Wimbush James A $440,000
Previous Owner Bachrach Henry $314,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2019 12/03/19 Sold $665,000 -4.3% --
10/23/2019 10/23/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $695,000 +0.7% --
12/23/2013 12/23/13 Sold $690,000 +1.5% -- View Prior Sale
11/21/2013 11/21/13 Sold $680,000 -- -- View Prior Sale
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
2025 $14,451 $877,100 $287,200 $589,900
2024 $14,451 $812,300 $260,800 $551,500
2023 $14,137 $749,600 $235,800 $513,800
2022 $13,783 $685,400 $240,800 $444,600
2021 $13,447 $637,300 $240,800 $396,500
2020 $13,490 $644,200 $240,800 $403,400
2019 $13,156 $646,800 $241,600 $405,200
2018 $12,868 $641,800 $236,600 $405,200
2017 $13,249 $666,100 $236,600 $429,500
2016 $13,195 $676,300 $239,600 $436,700
2015 $13,090 $683,200 $239,600 $443,600
2014 $13,118 $678,300 $239,600 $438,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3582590

Garden State MLS

APN: 02-10503-0000-00072