NOT LISTED FOR SALE

18 Chestnut Ct Basking Ridge, NJ 07920

Estimated Value: $525,000 - $587,047

2 Beds
3 Baths
-- Sq Ft
784 Sq Ft Lot

Last Sold October 26, 2012

Last sale price $325,000

Est. 71% increase in value since last sale

Current estimated payment $3,725/month

About This Home

As of October 2012

This home is located at 18 Chestnut Ct, Basking Ridge, NJ 07920 since 26 October 2012 and is currently estimated at $556,012. This property was built in 1988. 18 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.

Last Listed By

Lisa Kirkwood

BHHS FOX & ROACH Brokerage Phone: 908-766-0085 Listed on: 10/26/2012

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,698

Year Built

  • Built in 1988

Lot Details

  • 784

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,698

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • County Name: Somerset
  • Street Number Display: 18
  • I D: 4186630
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • 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
Oct 26, 2012
Closed on
Oct 18, 2012
Sold by
Fornero Timothy L
Bought by
Kwon Jin H and Kwon Young
Seller's Agent
Lisa Kirkwood
BHHS FOX & ROACH
Buyer's Agent
Jacqueline Fuchs
COLDWELL BANKER REALTY
Sold Price
$325,000
Total Days on Market
0
Current Estimated Value
$556,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,012
Avg. Annual Appreciation
4.34%
Original Mortgage
$241,500
Outstanding Balance
$164,798
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$389,216

Purchase Details

Closed on
Jan 11, 1999
Sold by
Leontabakis Patricia
Bought by
Fornero Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,200
Interest Rate
6.7%

Range of Values:

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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
Kwon Jin H $325,000 Chicago Title Ins Co
Fornero Timothy $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwon Jin H $100,000
Open Kwon Jin H $241,500
Previous Owner Fornero Timothy L $298,500
Previous Owner Fornero Timothy L $193,000
Previous Owner Fornero Timothy $149,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $325,000 -- --
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 $7,698 $432,700 $175,000 $257,700
2023 $7,784 $412,700 $175,000 $237,700
2022 $7,935 $394,600 $175,000 $219,600
2021 $7,524 $356,600 $175,000 $181,600
2020 $7,463 $356,400 $175,000 $181,400
2019 $7,101 $349,100 $175,000 $174,100
2018 $6,991 $348,700 $175,000 $173,700
2017 $6,930 $348,400 $175,000 $173,400
2016 $6,836 $350,400 $175,000 $175,400
2015 $6,656 $347,400 $170,000 $177,400
2014 $6,479 $335,000 $175,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 2897449

Garden State MLS

APN: 02-09001-0000-00002-01-CONDO