$551,000
SOLD MAR 28, 2025

217 Arrowood Way Basking Ridge, NJ 07920

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

Recently Sold

8% Above List Price

13 Days on Market

About This Home

As of March 2025

This home is located at 217 Arrowood Way, Basking Ridge, NJ 07920 and is currently priced at $551,000. This property was built in 1993. 217 Arrowood Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Mary Rittenhouse

RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 01/19/2025

RE/MAX SELECT

Co-Listed By

Janice E Vanderveken

RE/MAX SELECT Brokerage Phone: 908-233-9292

Last Buyer's Agent

KEVIN SAUM

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,733

Year Built

  • Built in 1993

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,733

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Somerset
  • Street Number Display: 217
  • I D: 5333514
  • Modified: 2025-04-07
  • Number Images: 0
  • Attribution Contact: 908-233-9292
  • 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
Jan 19, 2025
Closed on
Mar 1, 2025
Sold by
Browning Jennifer Sue and Browning Mary E
Bought by
Williams Mark and Williams Karen Jones
Seller's Agent
Mary Rittenhouse
RE/MAX SELECT
Buyer's Agent
KEVIN SAUM
EXP REALTY, LLC
List Price
$509,000
Sold Price
$551,000
Premium/Discount to List
$42,000
8.25%
Views
45
Current Estimated Value
$558,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,439
Avg. Annual Appreciation
2.61%
Original Mortgage
$151,000
Outstanding Balance
$150,224
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$408,215

Purchase Details

Closed on
Dec 28, 1994
Sold by
Serbanica Mike
Bought by
Browning Mary
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $551,000 Westcor Land Title
Deed $551,000 Westcor Land Title
Deed $177,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,000 New Conventional
Closed $151,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $551,000 +8.3% --
02/01/2025 02/01/25 Pending -- -- --
01/19/2025 01/19/25 For Sale $509,000 -- --
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 $7,733 $516,600 $175,000 $341,600
2024 $7,733 $434,700 $175,000 $259,700
2023 $7,895 $418,600 $175,000 $243,600
2022 $8,046 $400,100 $175,000 $225,100
2021 $6,992 $361,000 $175,000 $186,000
2020 $7,538 $360,000 $175,000 $185,000
2019 $7,196 $353,800 $175,000 $178,800
2018 $7,058 $352,000 $175,000 $177,000
2017 $6,985 $351,200 $175,000 $176,200
2016 $6,891 $353,200 $175,000 $178,200
2015 $6,712 $350,300 $170,000 $180,300
2014 $6,520 $337,100 $175,000 $162,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3942114

Garden State MLS

APN: 02-09001-0000-00015-08-CONDO