NOT LISTED FOR SALE

13 Fairbanks Ln Basking Ridge, NJ 07920

Estimated Value: $763,652 - $824,000

2 Beds
4 Baths
-- Sq Ft
1,220 Sq Ft Lot

Last Sold April 18, 2023

Last sale price $655,000

Est. 20% increase in value since last sale

Current estimated payment $5,203/month

19 Days on Market

About This Home

As of April 2023

This home is located at 13 Fairbanks Ln, Basking Ridge, NJ 07920 since 05 January 2023 and is currently estimated at $787,163. This property was built in 1984. 13 Fairbanks Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Michele Hill

TURPIN REAL ESTATE, INC. Brokerage Phone: 908-234-9100 Listed on: 01/05/2023

Last Buyer's Agent

Alise Alden

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,362

Year Built

  • Built in 1984

Lot Details

  • 1,220

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,362

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • County Name: Somerset
  • Street Number Display: 13
  • I D: 5196892
  • Modified: 2024-04-19
  • Number Images: 1
  • Attribution Contact: 908-234-9100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 3.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Apr 10, 2023
Sold by
Berhanu Paulos and Berhanu Salome
Bought by
Weinerman Vicki
Seller's Agent
Michele Hill
TURPIN REAL ESTATE, INC.
Buyer's Agent
Alise Alden
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Views
61
Current Estimated Value
$787,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,163
Avg. Annual Appreciation
5.79%

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 21, 2016
Sold by
Faletto Michael
Bought by
Berhanu Paulos and Berhanu Salome
Seller's Agent
Al Swider
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Michele Hill
TURPIN REAL ESTATE, INC.
List Price
$527,000
Sold Price
$517,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$217,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 15, 2015
Sold by
Thompson Timothy and Thompson Patricia Ann
Bought by
Faletto Michael
Seller's Agent
ROBERT J. PIKE
RE/MAX ACHIEVERS
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$386,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2004
Sold by
Farrelly June
Bought by
Thompson Timothy

Purchase Details

Closed on
Jun 1, 1995
Sold by
Voorhees James
Bought by
Farrelly June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.2%
Source: Public Records

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
Weinerman Vicki $655,000 Two Rivers Title
Berhanu Paulos $517,000 Chicago Title Insurance Co
Faletto Michael $515,000 Agent For Chicago Title Ins
Thompson Timothy $525,000 --
Farrelly June $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berhanu Paulos $217,000
Previous Owner Faletto Michael $386,250
Previous Owner Thompson Timothy $131,700
Previous Owner Farrelly June $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $655,000 +0.8% --
01/24/2023 01/24/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $650,000 +25.7% --
11/21/2016 11/21/16 Sold $517,000 -1.9% --
10/17/2016 10/17/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $527,000 +2.3% --
06/15/2015 06/15/15 Sold $515,000 -- --
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 $11,362 $638,700 $243,000 $395,700
2023 $11,878 $629,800 $243,000 $386,800
2022 $10,869 $540,500 $243,000 $297,500
2021 $10,873 $515,300 $225,000 $290,300
2020 $10,317 $492,700 $225,000 $267,700
2019 $9,843 $483,900 $225,000 $258,900
2018 $9,702 $483,900 $225,000 $258,900
2017 $9,671 $486,200 $236,300 $249,900
2016 $9,620 $493,100 $225,000 $268,100
2015 $9,469 $494,200 $225,000 $269,200
2014 $9,364 $484,200 $225,000 $259,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michele Hill

    TURPIN REAL ESTATE, INC.

    (908) 313-6542

    1 in this area

    74 Total Sales

    Michele Hill
    Section Image
  • Alise Alden

    Buyer's Agent in 2023

    Alise Alden

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 672-5180

    24 in this area

    35 Total Sales

    Alise Alden
    Section Image
  • Al Swider

    Seller's Agent in 2016

    Al Swider

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 415-1557

    17 in this area

    43 Total Sales

    Al Swider
    Section Image
  • Michelle Reedy

    Seller Co-Listing Agent in 2016

    Michelle Reedy

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 872-7266

    8 in this area

    38 Total Sales

    Michelle Reedy
    Section Image
  • ROBERT J. PIKE

    Seller's Agent in 2015

    ROBERT J. PIKE

    RE/MAX

    (973) 476-4245

    3 in this area

    56 Total Sales

    ROBERT J. PIKE
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3823175

Garden State MLS

APN: 02-03502-0000-00007-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

13 Fairbanks Ln, Basking Ridge, NJ

This home is located at 13 Fairbanks Ln, Basking Ridge, NJ 07920 since 05 January 2023 and is currently estimated at $787,163. This property was built in 1984. 13 Fairbanks Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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