NOT LISTED FOR SALE

16 Tall Timber Ln Basking Ridge, NJ 07920

Estimated Value: $3,741,000 - $4,188,000

5 Beds
8 Baths
-- Sq Ft
2.04 Acres

Last Sold July 12, 2023

Last sale price $3,689,000

Est. 8% increase in value since last sale

Current estimated payment $26,930/month

6 Days on Market

About This Home

As of July 2023

This home is located at 16 Tall Timber Ln, Basking Ridge, NJ 07920 since 27 April 2023 and is currently estimated at $3,966,026. This property was built in 2009. 16 Tall Timber 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 Listed By

Siu Wong

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-754-1500 Listed on: 04/27/2023

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,298

Year Built

  • Built in 2009

Lot Details

  • 2.04 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 8 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,298

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Year Built: 2009
  • County Name: Somerset
  • Street Number Display: 16
  • I D: 5216422
  • Modified: 2024-07-13
  • Number Images: 1
  • Attribution Contact: 908-754-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 7.20

Lot Info

  • Lot Size: 2.04AC
  • Total Acres: 2.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 10, 2023
Sold by
Shearer Wilfred and Shearer Chau
Bought by
East Coast Trust
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Stacey Colman
KL SOTHEBY'S INT'L. REALTY
List Price
$3,689,000
Sold Price
$3,689,000
Total Days on Market
6
Views
25
Current Estimated Value
$3,966,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,026
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Somerset Country Living Properties Llc
Bought by
Shearer Wilfred and Shearer Chau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Range of Values:

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
East Coast Trust $3,689,000 Unity Title
Shearer Wilfred $2,728,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shearer Wilfred $541,000
Previous Owner Shearer Wilfred $729,000
Previous Owner Shearer Wilfred $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $3,689,000 0.0% --
05/03/2023 05/03/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $3,689,000 -- --
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 $59,298 $3,333,200 $731,200 $2,602,000
2023 $45,343 $2,404,200 $715,900 $1,688,300
2022 $44,952 $2,235,300 $715,900 $1,519,400
2021 $44,499 $2,120,800 $715,900 $1,404,900
2020 $44,372 $2,119,000 $715,900 $1,403,100
2019 $47,502 $2,335,400 $731,200 $1,604,200
2018 $46,311 $2,309,800 $751,600 $1,558,200
2017 $47,959 $2,411,200 $751,600 $1,659,600
2016 $49,372 $2,530,600 $731,600 $1,799,000
2015 $49,953 $2,620,200 $702,000 $1,918,200
2014 $48,469 $2,519,100 $702,000 $1,817,100
Source: Public Records

Agents Affiliated with this Home

  • Siu Wong

    Seller's Agent in 2023

    Siu Wong

    KL SOTHEBY'S INT'L. REALTY

    (908) 581-9593

    256 Total Sales

    Siu Wong
    Section Image
  • Stacey Colman

    Buyer's Agent in 2023

    Stacey Colman

    KL SOTHEBY'S INT'L. REALTY

    91 Total Sales

    Stacey Colman
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3840653

Garden State MLS

APN: 02-06001-0000-00010-02

New Jersey Somerset County Basking Ridge 07920

16 Tall Timber Ln, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 16 Tall Timber Ln, Basking Ridge, NJ 07920 since 27 April 2023 and is currently estimated at $3,966,026. This property was built in 2009. 16 Tall Timber 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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