NOT LISTED FOR SALE

18 Wayne Terrace Basking Ridge, NJ 07920

Estimated Value: $1,437,000 - $1,500,000

6 Beds
5 Baths
2,198 Sq Ft
$667/Sq Ft Est. Value

Last Sold August 08, 2012

Last sale price $923,000 $420 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,830/month

About This Home

As of August 2012

This home is located at 18 Wayne Terrace, Basking Ridge, NJ 07920 since 08 August 2012 and is currently estimated at $1,465,520, approximately $666 per square foot. This property was built in 1962. 18 Wayne Terrace is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Roxanne Formisano

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 08/08/2012

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Al Swider

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,521

Year Built

  • 1962

Lot Details

  • 0.74 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,521

Year Built

1962

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 18
  • I D: 4235293
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1962

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .74AC
  • Total Acres: 0.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2019
Sold by
Rajasundaram Arulraj and Arulraj Aarthi
Bought by
Rajasundaram Arulraj and Arulraj Aarthi
Total Days on Market
0
Current Estimated Value
$1,465,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 8, 2012
Closed on
Aug 3, 2012
Sold by
Frost Craig L and Mary Susan
Bought by
Cartus Financial Corp
Seller's Agent
Roxanne Formisano
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Al Swider
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$923,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%

Purchase Details

Closed on
Jul 21, 2008
Sold by
Simpson Andrew and Simpson Valerie Jean
Bought by
Frost Craig L and Frost Mary Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2003
Sold by
Brown Michael
Bought by
Simpson Andrew and Simpson Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,400
Interest Rate
5.99%

Purchase Details

Closed on
Dec 5, 1995
Sold by
Bowley Richard
Bought by
Brown Michael and Brown Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.44%
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
Rajasundaram Arulraj -- Hunter Title Agency Inc
Cartus Financial Corp $923,000 --
Frost Craig L $965,000 None Available
Simpson Andrew $513,000 --
Brown Michael $291,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajasundaram Arulraj $569,000
Closed Rajasundaram Arulraj $565,000
Closed Rajesundram Arulraj $610,000
Previous Owner Frost Craig L $465,000
Previous Owner Simpson Andrew $50,000
Previous Owner Simpson Andrew $600,000
Previous Owner Simpson Andrew $51,950
Previous Owner Simpson Andrew $410,400
Previous Owner Brown Michael $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2012 08/08/12 Sold $923,000 -- $420 / 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
2024 $19,521 $1,097,300 $392,200 $705,100
2023 $18,547 $983,400 $367,200 $616,200
2022 $17,976 $893,900 $352,200 $541,700
2021 $18,159 $860,600 $337,200 $523,400
2020 $17,435 $832,600 $337,200 $495,400
2019 $17,057 $838,600 $337,200 $501,400
2018 $16,714 $833,600 $332,200 $501,400
2017 $16,755 $842,400 $332,200 $510,200
2016 $16,747 $858,400 $342,200 $516,200
2015 $16,585 $865,600 $342,200 $523,400
2014 $16,874 $872,500 $337,200 $535,300
Source: Public Records

Agents Affiliated with this Home

  • Roxanne Formisano

    Seller's Agent in 2012

    Roxanne Formisano

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 507-0037

    64 Total Sales

    Roxanne Formisano
    Section Image
  • Al Swider

    Buyer's Agent in 2012

    Al Swider

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 415-1557

    52 Total Sales

    Al Swider
    Section Image
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Map

Source: Garden State MLS

MLS Number: 2942929

Garden State MLS

APN: 02-04101-0000-00003

New Jersey Somerset County Basking Ridge 07920

18 Wayne Terrace, Basking Ridge, NJ

This home is located at 18 Wayne Terrace, Basking Ridge, NJ 07920 since 08 August 2012 and is currently estimated at $1,465,520, approximately $666 per square foot. This property was built in 1962. 18 Wayne Terrace is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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