NOT LISTED FOR SALE

22 Franklin Dr Basking Ridge, NJ 07920

Estimated Value: $973,000 - $1,133,000

4 Beds
2.5 Baths
2,668 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $685,000 $257 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,086/month

80 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Den
  • Oak Street Elementary School Rated A
  • Attic
  • Formal Dining Room

About This Home

As of June 2017

New roof 2016

Last Listed By

Ronnie Glomb

YOUR TOWN REALTY Listed on: 02/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,074

Year Built

  • 1972

Lot Details

  • 0.99 Acre Lot

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Shingle

Interior Spaces

  • 2,668 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • French Drain
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 2702-00704-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,074

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 22
  • Directions: GOOGLE MAPS
  • I D: 4692134
  • Modified: 2018-06-24
  • Number Images: 24
  • First Name: RONNIE
  • First Name3: DIANE
  • Last Name: GLOMB
  • Last Name3: BOVE
  • Office Phone: 973-865-5050
  • Office Phone3: 973-377-4460
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Trash Compactor, Range/Oven-Gas, OvnWElec, Refrigerator, CookGas, Satellite Dish/Antenna, Washer, Instant Hot Water, Dishwasher, Self Cleaning Oven, Water Softener-Own, Dryer
  • Interior Amenities: Drapes, Blinds
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Crawl Space, Finished-Partially
  • Basement Level Rooms: Den
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 22x11
  • Kitchen Level: First
  • Living Room Dim: 20x15
  • Living Room Level: First
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Laundry Room, Foyer, Toilet, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2668
  • Phone: 855-600-2465

Exterior Features

  • Exterior Description: Brick, Composition Shingle
  • Exterior Features: Sidewalk, Storage Shed, Thermal Windows/Doors, Patio, Storm Door(s), Curbs, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air, Attic Fan
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .99AC
  • Assessed Improvement Value: 300400
  • Assessed Land Value: 369700
  • Assessment: 670100
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.99

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13074
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-00704-0000-00007-0000-
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Jun 21, 2017
Sold by
Child Thomas
Bought by
Chadha Yogesh and Yogesh Chadha Sughandha
Seller's Agent
Ronnie Glomb
YOUR TOWN REALTY
Buyer's Agent
Diane Bove
COLDWELL BANKER REALTY
List Price
$715,000
Sold Price
$685,000
Premium/Discount to List
-$30,000
-4.2%
Total Days on Market
80
Current Estimated Value
$1,056,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,106
Avg. Annual Appreciation
5.40%
Original Mortgage
$545,600
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2010
Sold by
Child Thomas and Child Bridget
Bought by
Child Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 11, 1998
Sold by
Chafekar Veena
Bought by
Child Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.8%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Dworschak Arlene
Bought by
Gosavi Hemant and Chafekar Veena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.23%

Range of Values:

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Average Value
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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
Chadha Yogesh $685,000 First American Title Ins Co
Child Thomas -- Allied Title Llc
Child Thomas $380,000 --
Gosavi Hemant $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadha Rohit $510,000
Closed Chadha Yogesh $545,600
Previous Owner Child Thomas $389,000
Previous Owner Child Thomas A $400,000
Previous Owner Child Thomas $400,000
Previous Owner Child Thomas $304,000
Previous Owner Gosavi Hemant $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $685,000 -4.2% $257 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $715,000 -- $268 / 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 $14,764 $829,900 $364,800 $465,100
2023 $14,185 $752,100 $364,800 $387,300
2022 $14,889 $740,400 $364,800 $375,600
2021 $14,397 $683,500 $354,800 $328,700
2020 $14,038 $670,400 $364,700 $305,700
2019 $13,367 $657,200 $364,700 $292,500
2018 $13,253 $661,000 $374,700 $286,300
2017 $13,135 $660,400 $369,700 $290,700
2016 $13,074 $670,100 $369,700 $300,400
2015 $13,240 $691,000 $369,700 $321,300
2014 $11,923 $616,500 $369,700 $246,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3367510

Garden State MLS

APN: 02-00704-0000-00007