NOT LISTED FOR SALE

197 Locust Ln Basking Ridge, NJ 07920

Bernards Neighborhood

Estimated Value: $549,000 - $638,168

Studio
-- Bath
1,357 Sq Ft
$429/Sq Ft Est. Value

About This Home

This home is located at 197 Locust Ln, Basking Ridge, NJ 07920 and is currently estimated at $582,042, approximately $428 per square foot. 197 Locust Ln 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
Jun 13, 2000
Sold by
Bergamasco Thomas
Bought by
Johnson Alden and Havrilla Anne
Current Estimated Value
$582,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Outstanding Balance
$65,781
Interest Rate
8.48%
Estimated Equity
$516,261

Purchase Details

Closed on
Jun 29, 1994
Sold by
Cedar Deve Corp
Bought by
Bergamasco Thomas and Bergamasco Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Alden $229,900 --
Bergamasco Thomas $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alden $183,200
Previous Owner Bergamasco Thomas $148,000
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 $7,621 $511,700 $175,000 $336,700
2024 $7,621 $428,400 $175,000 $253,400
2023 $7,267 $385,300 $175,000 $210,300
2022 $7,441 $370,000 $175,000 $195,000
2021 $7,096 $336,300 $175,000 $161,300
2020 $7,055 $336,900 $175,000 $161,900
2019 $6,733 $331,000 $175,000 $156,000
2018 $6,729 $335,600 $175,000 $160,600
2017 $6,605 $332,100 $175,000 $157,100
2016 $6,553 $335,900 $175,000 $160,900
2015 $6,375 $332,700 $170,000 $162,700
2014 $6,533 $337,800 $175,000 $162,800
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920 Bernards

197 Locust Ln, Basking Ridge, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.