NOT LISTED FOR SALE

10 Chestnut Ct Basking Ridge, NJ 07920

Estimated Value: $476,515 - $539,000

2 Beds
2.5 Baths
1,388 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $397,500 $286 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,985/month

59 Days on Market

Highlights

  • Loft
  • High Ceiling
  • Den
  • Liberty Corner Elementary School Rated A
  • Community Pool
  • Formal Dining Room

About This Home

As of February 2023

Welcome to this meticulously maintained 2 bedroom, 2.5 bath home in desirable The Cedars at Basking Ridge neighborhood. This interior unit offers an open and airy floor plan with oversized windows providing plenty of natural light. The first floor consists of an eat-in kitchen as well as a formal dining room adjacent to a two-story family room w/ fireplace. Upstairs, a large loft w/ skylights overlooking the first floor, perfect for an office or alternate living space. Master suite with ample closet space, a private full bathroom and a balcony. In addition, a second bedroom w/Juliet balcony and another full bathroom. Partially finished basement with three rooms offering plenty of flexibility and storage space. Attached garage w/ interior access, first-floor laundry room and a powder room for extra convenience - plus a private deck w/ storage closet surrounded by mature greenery. The Cedars community offers a park-like setting with scenic walking paths, clubhouse, in-ground pool, tennis & basketball courts and a playground. Centrally located near I-78, I-287, Route 206, Route 202, the Lyons Train Station w/ direct access to NYC and Pleasant Valley Park, you are not going to want to miss the opportunity to see this delightful home!

Last Listed By

Vanessa Stefanics

RE/MAX TRI COUNTY Brokerage Phone: 609-203-1380 Listed on: 11/14/2022

RE/MAX TRI COUNTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,249

Year Built

  • Built in 1988

Lot Details

  • 1,089

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Parking Lot

Home Design

  • Wood Siding
  • Composition Shingle

Interior Spaces

  • 1,388 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Loft
  • Storage Room
  • Laundry Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09001-0000-00001-0010-CONDO
  • Tax Block *

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,249

Year Built

Built in 1988

Lot Details

0

HOA Fees

$477 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1988
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 10
  • Directions: Heading east on Valley Road, turn right onto Arbor Circle, turn left continuing on Arbor Circle, home is immediately on your right-hand side.
  • I D: 5190415
  • Modified: 2024-02-11
  • Number Images: 29
  • Section Subdiv Development: The Cedars
  • First Name: VANESSA A.
  • First Name2: NICHOLAS
  • First Name3: VANESSA A.
  • Last Name: STEFANICS
  • Last Name2: ANDREWS
  • Last Name3: STEFANICS
  • Office Phone: 609-587-9300
  • Office Phone2: 609-587-9300
  • Office Phone3: 609-587-9300
  • Attribution Contact: 609-203-1380
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Laminate
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator
  • Interior Amenities: High Ceilings
  • Number Rooms: 7
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Den, Leisure, Storage Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 19x12
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Dim: 19x12
  • Other Room1 Level: Second
  • Other Room2 Dim: 6x5
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Level 1 Rooms: Dining Room, Kitchen, Laundry Room, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Loft
  • Estimated Sq Ft: 1388
  • Phone: 609-587-9300

Exterior Features

  • Exterior Description: Composition Shingle, Wood
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, InEntrnc
  • Number Garage Spaces: 1
  • Parking Driveway Description: Parking Lot-Shared

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 477
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Assessed Improvement Value: 201500
  • Assessed Land Value: 175000
  • Assessment: 376500
  • Easement: Unknown
  • Lot Identifier: 1.10
  • Lot I D Tax: *
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7249
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09001-0000-00001-0010-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Feb 1, 2023
Sold by
Holusha Kathleen M
Bought by
Gill Shehnaz
Seller's Agent
Vanessa Stefanics
RE/MAX TRI COUNTY
Buyer's Agent
Vanessa Stefanics
RE/MAX TRI COUNTY
List Price
$419,900
Sold Price
$397,500
Premium/Discount to List
-$22,400
-5.33%
Total Days on Market
59
Views
235
Current Estimated Value
$513,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,629
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Jan 10, 2007
Sold by
Dower Kathleen M
Bought by
Holusha Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.18%

Purchase Details

Closed on
Dec 13, 2001
Sold by
Mark Carrie
Bought by
Williams Thomas and Downer Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.6%

Purchase Details

Closed on
Feb 26, 2001
Sold by
Curtachio Jeff
Bought by
Jamison Mark and Mark Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
7.15%

Range of Values:

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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
Gill Shehnaz $397,500 First American Title
Holusha Kathleen M $367,500 --
Williams Thomas $269,000 --
Jamison Mark $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holusha Kathleen M $300,000
Previous Owner Holusha Kathleen M $100,000
Previous Owner Holusha Kathleen M $100,000
Previous Owner Williams Thomas $169,000
Previous Owner Jamison Mark $218,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $397,500 -5.3% $286 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/14/2022 11/14/22 For Sale $419,900 -- $303 / 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 $7,961 $447,500 $175,000 $272,500
2023 $7,412 $393,000 $175,000 $218,000
2022 $7,571 $376,500 $175,000 $201,500
2021 $6,621 $343,600 $175,000 $168,600
2020 $7,166 $342,200 $175,000 $167,200
2019 $6,987 $343,500 $175,000 $168,500
2018 $6,855 $341,900 $175,000 $166,900
2017 $6,782 $341,000 $175,000 $166,000
2016 $6,729 $344,900 $175,000 $169,900
2015 $6,467 $337,500 $170,000 $167,500
2014 $6,550 $338,700 $175,000 $163,700
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3817640

Garden State MLS

APN: 02-09001-0000-00001-10-CONDO