NOT LISTED FOR SALE

173 Locust Ln Unit 11173 Basking Ridge, NJ 07920

Estimated Value: $556,000 - $677,991

2 Beds
3 Baths
1,357 Sq Ft
$439/Sq Ft Est. Value

Last Sold May 25, 2015

Last sale price $385,000 $284 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,845/month

About This Home

As of May 2015

This home is located at 173 Locust Ln Unit 11173, Basking Ridge, NJ 07920 since 25 May 2015 and is currently estimated at $595,248, approximately $438 per square foot. This property was built in 1994. 173 Locust Ln Unit 11173 is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,125

Year Built

  • Built in 1994

Lot Details

  • 871

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,125

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Somerset
  • Street Number Display: 173
  • I D: 4512386
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-852-0007
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
May 14, 2015
Sold by
Torpey Sean A and Vecchione Patricia G
Bought by
Teeters Richard W and Teeters Charlene L
Sold Price
$385,000
Current Estimated Value
$595,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,248
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Nov 23, 2009
Sold by
Motylenski Brian and Motylenski Kathleen
Bought by
Torpey Sean A and Vecchione Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2007
Sold by
Spielman Gary
Bought by
Motylenski Brian and Motylenski Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Nassoura Nancy
Bought by
Spielman Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,450
Interest Rate
6.48%

Purchase Details

Closed on
May 24, 1994
Sold by
Cedar Dev Co
Bought by
Nassoura Khaled and Bozzomo Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
8.22%
Source: Public Records

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
Teeters Richard W $385,000 Chicago Title Insurance Co
Torpey Sean A $360,000 Fidelity Natl Title Ins Co
Motylenski Brian $386,000 Stewart Title Guaranty Compa
Spielman Gary $315,000 --
Nassoura Khaled $177,943 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torpey Sean A $260,000
Previous Owner Motylenski Brian $96,000
Previous Owner Spielman Gary $271,450
Previous Owner Nassoura Khaled $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2015 05/25/15 Sold $385,000 -- $284 / Sq Ft
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 $8,125 $545,600 $175,000 $370,600
2024 $8,125 $456,700 $175,000 $281,700
2023 $8,313 $440,800 $175,000 $265,800
2022 $8,458 $420,600 $175,000 $245,600
2021 $7,976 $378,000 $175,000 $203,000
2020 $7,894 $377,000 $175,000 $202,000
2019 $7,501 $368,800 $175,000 $193,800
2018 $7,258 $362,000 $175,000 $187,000
2017 $7,186 $361,300 $175,000 $186,300
2016 $6,815 $349,300 $175,000 $174,300
2015 $6,589 $343,900 $170,000 $173,900
2014 $6,570 $339,700 $175,000 $164,700
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3201217

Garden State MLS

APN: 02-09001-0000-00011-12-CONDO

New Jersey Somerset County Basking Ridge 07920

173 Locust Ln Unit 11173, Basking Ridge, NJ

This home is located at 173 Locust Ln Unit 11173, Basking Ridge, NJ 07920 since 25 May 2015 and is currently estimated at $595,248, approximately $438 per square foot. This property was built in 1994. 173 Locust Ln Unit 11173 is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

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