16 Chestnut Ct Basking Ridge, NJ 07920
Estimated Value: $549,090 - $573,000
2
Beds
4
Baths
1,406
Sq Ft
$401/Sq Ft
Est. Value
About This Home
This home is located at 16 Chestnut Ct, Basking Ridge, NJ 07920 and is currently estimated at $563,273, approximately $400 per square foot. 16 Chestnut Ct is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 5, 2017
Sold by
Palmer Siiron
Bought by
Jebara Faris and Mahmoud Samantha
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Outstanding Balance
$262,003
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$297,717
Purchase Details
Closed on
Apr 26, 2004
Sold by
D'Arco Steven M
Bought by
Palmer Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.47%
Purchase Details
Closed on
Feb 18, 2000
Sold by
Rabinowitz Michele
Bought by
D'Arco Steven and Alvez Adriana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,200
Interest Rate
8.15%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jebara Faris | $389,000 | None Available | |
| Palmer Sharon | $357,000 | -- | |
| D'Arco Steven | $216,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jebara Faris | $51,250 | |
| Open | Jebara Faris | $311,200 | |
| Previous Owner | Palmer Sharon | $25,000 | |
| Previous Owner | Palmer Sharon | $110,000 | |
| Previous Owner | Palmer Sharon | $120,000 | |
| Previous Owner | D'Arco Steven | $206,200 |
Source: Public Records
Tax History Compared to Growth
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 | $8,091 | $454,800 | $175,000 | $279,800 |
| 2023 | $8,381 | $444,400 | $175,000 | $269,400 |
| 2022 | $8,523 | $423,800 | $175,000 | $248,800 |
| 2021 | $8,081 | $383,000 | $175,000 | $208,000 |
| 2020 | $7,999 | $382,000 | $175,000 | $207,000 |
| 2019 | $7,739 | $380,500 | $175,000 | $205,500 |
| 2018 | $7,577 | $377,900 | $175,000 | $202,900 |
| 2017 | $7,258 | $364,900 | $175,000 | $189,900 |
| 2016 | $7,162 | $367,100 | $175,000 | $192,100 |
| 2015 | $6,886 | $359,400 | $170,000 | $189,400 |
| 2014 | $6,614 | $342,000 | $175,000 | $167,000 |
Source: Public Records
Map
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