$1,495,000
SOLD JAN 2, 2020

16 Chelsea Ct Basking Ridge, NJ 07920

5 Beds
5.5 Baths
-- Sq Ft
1.05 Acres

Recently Sold

19 Days on Market

Highlights

  • Home Theater
  • Custom Home
  • Recreation Room
  • Liberty Corner Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of June 2021

Experience luxury at it's finest in this exceptionally built home graced with sophistication and elegance. A five bedroom custom colonial offering an unparalleled lifestyle. Enjoy a private acre of manicured property tucked on a quiet and conveniently located cul de sac. Chef's kitchen with six burner Wolf range, timeless cherry cabinetry, stunning furniture style center island and artistically designed detailed tile work. Grand spacious rooms with high ceilings. The well conceived floor plan accommodates entertaining, working, and relaxing. Four of the five bedrooms are en suite with newly renovated baths. Finished basement with home gym, theater, full bath, cedar closet and game room. Exterior is Hard Coat Stucco.

Last Agent to Sell the Property

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY Listed on: 09/13/2019

Co-Listed By

KAREN LEMKE

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

Karen Gray

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,504

Year Built

  • Built in 2002

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Composition Shingle Roof
  • Siding
  • Composite Building Materials

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Library with Fireplace
  • Recreation Room
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-07102-0000-00012-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,504

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2002
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Butler Pan Sconces,Liv Rm Sconces and Chand, Mount TV Fam Rm and Ex Rm
  • Renovated Year: 2017
  • Street Number Display: 16
  • Directions: Mount Airy to Chelsea. Home on left towards the end of cul de sac.
  • I D: 4929286
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JILL
  • First Name2: KAREN
  • First Name3: KAREN
  • Last Name: FAHERTY
  • Last Name2: LEMKE
  • Last Name3: GRAY
  • Office Phone: 289595
  • Office Phone2: 908-696-8600
  • Office Phone3: 973-387-3036
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Carpeting, Stone, Wood
  • Fireplace Description: Family Room, Library, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Central Vacuum, Generator-Built-In, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump, WineRefr
  • Interior Amenities: Cedar Closets, Bar-Wet, Walk-In Closet, Security System, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, GameRoom, Storage Room, Exercise Room, Bath(s) Other, Media Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 25x18
  • Kitchen Level: First
  • Living Room Dim: 16x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 18x16
  • Other Room1 Level: Second
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 10x9
  • Other Room2 Level: First
  • Level 1 Rooms: Laundry Room, MudRoom, Foyer, Library, Living Room, Pantry, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Composition Siding, Stucco
  • Exterior Features: Underground Lawn Sprinkler, Patio
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 1.05AC
  • Assessed Improvement Value: 1081300
  • Assessed Land Value: 471500
  • Assessment: 1552800
  • Easement: Unknown
  • Lot Description: Level Lot, Cul-De-Sac
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.05

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31504
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-07102-0000-00012-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 29, 2021
Sold by
Miller Albert Joseph and Miller Karen Bearman
Bought by
Patterson Scott and Patterson Angela
Seller's Agent
Karen Gray
COLDWELL BANKER REALTY
Buyer's Agent
Gregory Asch
RE/MAX ACHIEVERS
List Price
$1,699,000
Sold Price
$1,675,000
Premium/Discount to List
-$24,000
-1.41%
Current Estimated Value
$2,205,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,323
Avg. Annual Appreciation
6.68%

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 16, 2021
Sold by
Miller Albert Joseph and Miller Karen Bearman
Bought by
Patterson Scott and Patterson Angela
Seller's Agent
Karen Gray
COLDWELL BANKER REALTY
Buyer's Agent
Gregory Asch
RE/MAX ACHIEVERS
List Price
$1,699,000
Sold Price
$1,675,000
Premium/Discount to List
-$24,000
-1.41%

Purchase Details

Listed on
Sep 13, 2019
Closed on
Dec 30, 2019
Sold by
Shariati Saeid and Shariati Nazly M
Bought by
Miller Albert Joseph and Miller Karen Bearman
Seller's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Karen Gray
COLDWELL BANKER REALTY
List Price
$1,495,000
Sold Price
$1,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$1,196,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Gibbons Thomas S
Bought by
Shariati Saeid and Shariati Nazly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,900
Interest Rate
5.72%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Perimeter Properties
Bought by
Gibbons Thomas and Gibbons Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,200
Interest Rate
7.05%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $1,675,000 Counsellors Title Agency Inc
Bargain Sale Deed $1,675,000 Counsellors Title
Deed $1,495,000 Chicago Title Insurance Co
Deed $1,718,750 --
Deed $1,184,270 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,196,000 New Conventional
Previous Owner $999,900 No Value Available
Previous Owner $888,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $1,675,000 -1.4% $305 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $1,699,000 +13.6% $309 / Sq Ft
01/02/2020 01/02/20 Sold $1,495,000 0.0% --
10/02/2019 10/02/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $1,495,000 -- --
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
2025 $30,693 $1,925,300 $501,000 $1,424,300
2024 $30,693 $1,725,300 $466,300 $1,259,000
2023 $30,649 $1,625,100 $466,300 $1,158,800
2022 $31,303 $1,556,600 $466,300 $1,090,300
2021 $30,538 $1,447,300 $466,300 $981,000
2020 $30,292 $1,446,600 $471,500 $975,100
2019 $31,584 $1,552,800 $471,500 $1,081,300
2018 $30,145 $1,503,500 $471,500 $1,032,000
2017 $30,175 $1,517,100 $481,500 $1,035,600
2016 $31,368 $1,607,800 $451,500 $1,156,300
2015 $29,838 $1,557,300 $451,500 $1,105,800
2014 $30,582 $1,581,300 $451,500 $1,129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3587222

Garden State MLS

APN: 02-07102-0000-00012