NOT LISTED FOR SALE

120 Governor Dr Basking Ridge, NJ 07920

Estimated Value: $1,653,000 - $1,749,000

5 Beds
5 Baths
3,529 Sq Ft
$480/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2019

Last sale price $990,000 $281 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,042 / mo

About This Home

ONE OF A KIND!! THIS TOTALLY CUSTOM HOME SITS ON ONE OF THE BEST LOTS IN SHERBROOKE! The master suite is a sanctuary with a new, sun drenched designer bath and huge walk in closet. The gracious floor plan boasts a two-story family room with fireplace, formal living & dining rooms, a wonderful kitchen with center island and separate breakfast bar, 4 bedrooms/3 baths on 2nd level & front and rear staircases. A spacious walkout lower level is terrific space for guests or nanny with 2 bedrooms (office), bath, kitchen & living room. The completely floored attic has amazing storage space and is tall enough to walk its entirety. A new deck overlooks a beautiful, private rear yard which backs to green space. A wide paver driveway has additional parking & garage has a large storage room. Don't miss this one!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Nov 21, 2019
Sold by
Corson William C and Corson Lauran F
Bought by
Paliwal Aabhas and Shelat Shailu
Seller's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$1,050,000
Sold Price
$990,000
Premium/Discount to List
-$60,000
-5.71%
Current Estimated Value
$1,693,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,249
Avg. Annual Appreciation
8.54%
Original Mortgage
$792,000
Outstanding Balance
$695,360
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$997,889

Purchase Details

Closed on
Oct 21, 1994
Sold by
Devt Sherbrooke
Bought by
Corson William and Corson Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Paliwal Aabhas $990,000 Golden Title Agency
Corson William $487,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paliwal Aabhas $792,000
Previous Owner Corson William $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2019 10/25/19 Sold $990,000 -5.7% -- View Prior Sale
08/28/2019 08/28/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $1,050,000 -- --

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 $24,022 $1,481,000 $481,000 $1,000,000
2024 $24,022 $1,350,300 $403,800 $946,500
2023 $22,981 $1,218,500 $403,800 $814,700
2022 $22,521 $1,119,900 $398,800 $721,100
2021 $20,769 $984,300 $393,800 $590,500
2020 $20,527 $980,300 $393,800 $586,500
2019 $20,962 $1,030,600 $396,500 $634,100
2018 $22,077 $1,101,100 $396,500 $704,600
2017 $21,959 $1,104,000 $411,500 $692,500
2016 $22,376 $1,146,900 $411,500 $735,400
2015 $21,777 $1,136,600 $391,500 $745,100
2014 $22,011 $1,138,100 $376,500 $761,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    SUSAN FAZIO

    KELLER WILLIAMS TOWNE SQUARE REAL

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Map

New Jersey Somerset County Basking Ridge 07920

120 Governor Dr, Basking Ridge, NJ

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