NOT LISTED FOR SALE

10 Cherry Ln Basking Ridge, NJ 07920

Estimated Value: $1,657,000 - $1,938,000

5 Beds
4 Baths
2,168 Sq Ft
$850/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $1,624,000 $749 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,570/month

6 Days on Market

About This Home

As of May 2023

This home is located at 10 Cherry Ln, Basking Ridge, NJ 07920 since 22 February 2023 and is currently estimated at $1,841,865, approximately $849 per square foot. This property was built in 2006. 10 Cherry Ln is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

MARYALICE RYAN

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 02/22/2023

Last Buyer's Agent

ANA DE FIGUEIREDO

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,756

Year Built

  • Built in 2006

Lot Details

  • 0.76 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,756

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Somerset
  • Street Number Display: 10
  • I D: 5202891
  • Modified: 2024-05-05
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .76AC
  • Total Acres: 0.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 3, 2023
Sold by
Thompson Charles W and Thompson Lynne Doyle
Bought by
Massoni Andres Pablo and Massoni Izabel Maria
Seller's Agent
MARYALICE RYAN
COLDWELL BANKER REALTY
Buyer's Agent
ANA DE FIGUEIREDO
SERHANT NEW JERSEY LLC
List Price
$1,599,000
Sold Price
$1,624,000
Premium/Discount to List
$25,000
1.56%
Total Days on Market
6
Views
26
Current Estimated Value
$1,841,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,865
Avg. Annual Appreciation
6.18%
Original Mortgage
$726,000
Outstanding Balance
$709,732
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$1,132,133

Purchase Details

Closed on
Apr 20, 2006
Sold by
Hicinbothem George
Bought by
Thompson Charles W and Thompson Lynne Doyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.37%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Hulbert Roberta Ann
Bought by
Hicinbothem George
Source: Public Records

Range of Values:

Collateral Analytics

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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
Massoni Andres Pablo $1,624,000 None Listed On Document
Thompson Charles W $1,350,000 --
Hicinbothem George $525,000 --
Hicinbothem George $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massoni Andres Pablo $726,000
Previous Owner Thompson Charles W $125,000
Previous Owner Thompson Charles W $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $1,624,000 +1.6% $749 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,599,000 -- $738 / Sq Ft
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 $26,756 $1,504,000 $395,200 $1,108,800
2023 $24,103 $1,278,000 $395,200 $882,800
2022 $24,637 $1,225,100 $375,200 $849,900
2021 $24,569 $1,164,400 $375,200 $789,200
2020 $24,529 $1,171,400 $375,200 $796,200
2019 $24,689 $1,213,800 $382,800 $831,000
2018 $24,607 $1,227,300 $382,800 $844,500
2017 $24,479 $1,230,700 $377,800 $852,900
2016 $24,085 $1,234,500 $377,800 $856,700
2015 $24,057 $1,255,600 $367,800 $887,800
2014 $23,311 $1,205,300 $367,800 $837,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3829845

Garden State MLS

APN: 02-01101-0000-00004