NOT LISTED FOR SALE

20 Summit Dr Basking Ridge, NJ 07920

Estimated Value: $1,620,000 - $1,823,000

5 Beds
5 Baths
-- Sq Ft
0.6 Acres

Last Sold October 31, 2013

Last sale price $1,035,000

Est. 66% increase in value since last sale

Current estimated payment $10,739/month

About This Home

As of October 2013

This home is located at 20 Summit Dr, Basking Ridge, NJ 07920 since 31 October 2013 and is currently estimated at $1,712,866. This property was built in 1987. 20 Summit Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Buyer's Agent

DOROTHY YAO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 0.6 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • I D: 4371107
  • Attribution Contact: 908-766-7500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.60AC
  • Total Acres: 0.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2021
Sold by
Yao Daniel and Yao Dorothy
Bought by
Yao Daniel Duan and Yao Dorothy Tao
Current Estimated Value
$1,719,675

Purchase Details

Listed on
Oct 31, 2013
Closed on
Oct 31, 2013
Sold by
Aaron Marvin and Aaron Jennifer S
Bought by
Yao Daniel and Yao Dorothy
Buyer's Agent
DOROTHY YAO
COLDWELL BANKER REALTY
Sold Price
$1,035,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$620,000
Outstanding Balance
$448,649
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,264,217

Purchase Details

Closed on
Aug 1, 1997
Sold by
Lore John
Bought by
Aaron Marvin and Aaron Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Yao Daniel Duan -- Amrock Inc
Yao Daniel $1,035,000 None Available
Aaron Marvin $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Daniel $620,000
Previous Owner Aaron Marvin $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $1,035,000 -- --
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
2025 $22,026 $1,365,800 $465,000 $900,800
2024 $22,026 $1,238,100 $405,000 $833,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Buyer's Agent in 2013

    DOROTHY YAO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3070443

Garden State MLS

APN: 02-06502-0000-00002

New Jersey Somerset County Basking Ridge 07920

20 Summit Dr, Basking Ridge, NJ

Not Listed for Sale

Detached

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