NOT LISTED FOR SALE

220 Arrowood Way Basking Ridge, NJ 07920

Estimated Value: $545,000 - $569,000

2 Beds
3 Baths
-- Sq Ft
1,089 Sq Ft Lot

Last Sold May 16, 2024

Last sale price $535,000

Est. 4% increase in value since last sale

Current estimated payment $3,548/month

22 Days on Market

About This Home

As of May 2024

This home is located at 220 Arrowood Way, Basking Ridge, NJ 07920 since 22 March 2024 and is currently estimated at $556,769. This property was built in 1993. 220 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

Siu Wong

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-754-1500 Listed on: 03/22/2024

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

Jennifer Blanchard

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,013

Year Built

  • Built in 1993

Lot Details

  • 1,089

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,013

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Somerset
  • Street Number Display: 220
  • I D: 5273886
  • Modified: 2025-05-17
  • Number Images: 1
  • Attribution Contact: 908-754-1500
  • 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
Mar 22, 2024
Closed on
May 10, 2024
Sold by
Chu John and Lee Josie
Bought by
Kumar Nirmesh
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Jennifer Blanchard
BHHS FOX & ROACH
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
124
Current Estimated Value
$556,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,769
Avg. Annual Appreciation
2.93%
Original Mortgage
$508,250
Outstanding Balance
$501,123
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$55,646
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
Kumar Nirmesh $535,000 None Listed On Document
Kumar Nirmesh $535,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Nirmesh $508,250
Closed Kumar Nirmesh $508,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $535,000 -2.7% --
04/13/2024 04/13/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $550,000 -- --
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 $7,013 $513,900 $175,000 $338,900
2024 $7,013 $394,200 $175,000 $219,200
2023 $6,956 $368,800 $175,000 $193,800
2022 $7,123 $354,200 $175,000 $179,200
2021 $6,568 $325,000 $175,000 $150,000
2020 $6,818 $325,600 $175,000 $150,600
2019 $6,594 $324,200 $175,000 $149,200
2018 $7,098 $354,000 $175,000 $179,000
2017 $7,019 $352,900 $175,000 $177,900
2016 $6,846 $350,900 $175,000 $175,900
2015 $6,330 $343,400 $170,000 $173,400
2014 $6,032 $324,800 $175,000 $149,800
Source: Public Records

Agents Affiliated with this Home

  • Siu Wong

    Seller's Agent in 2024

    Siu Wong

    KL SOTHEBY'S INT'L. REALTY

    (908) 581-9593

    27 in this area

    254 Total Sales

    Siu Wong
    Section Image
  • Jennifer Blanchard

    Buyer's Agent in 2024

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    137 in this area

    220 Total Sales

    Jennifer Blanchard
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3892376

Garden State MLS

APN: 02-09001-0000-00015-11-CONDO

New Jersey Somerset County Basking Ridge 07920

220 Arrowood Way, Basking Ridge, NJ

This home is located at 220 Arrowood Way, Basking Ridge, NJ 07920 since 22 March 2024 and is currently estimated at $556,769. This property was built in 1993. 220 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.

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