NOT LISTED FOR SALE

221 Arrowood Way Basking Ridge, NJ 07920

Estimated Value: $492,980 - $554,000

2 Beds
2.5 Baths
-- Sq Ft
$381/mo HOA Fee

Last Sold April 23, 2019

Last sale price $356,000

Est. 50% increase in value since last sale

Current estimated payment $3,968/month

166 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Attic
  • Liberty Corner Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of April 2019

IN BASKING RIDGE THE CEDARS. BEAUTIFUL 2 BED ROOM, 2 1/2 BATHS, END UNIT TOWNHOUSE WITH BASEMENT, LOFT USED AS OFFICE AND ATTACHED GARAGE. NEWLY REMODELED MASTER BATH WITH NEW VANITY/COUNTER, FLOOR, LIGHTING, FAUCET, MIRROR. NEWLY REMODELED 2ND FULL BATH WITH NEW VANITY/COUNTER, FLOOR, FAUCET, MIRROR, SHOWER DOOR. NEW DISHWASHER. NEWER WASHER & DRYER. NEWER CEILING FAN IN KITCHEN AND NEWER LIGHTING IN DINING RM. NEW CURTAINS FOR LIVING RM AND KITCHEN. NEWLY PAINTED.

Last Agent to Sell the Property

Hui Chang

GALAXY INTERNATIONAL REALTY LLC Listed on: 08/28/2018

Last Buyer's Agent

CHENGBO YIN

REALMART REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,712

Year Built

  • Built in 1993

Lot Details

  • 871

HOA Fees

  • $381 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Additional Parking
  • Parking Lot

Home Design

  • Composition Shingle Roof
  • Wood Siding
  • Tile

Interior Spaces

  • Skylights
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Workshop
  • Storage Room
  • Utility Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Liberty C 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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09001-0000-00015-0012-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include snow removal, trash collection, maintenance-common area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,712

Year Built

Built in 1993

Lot Details

0

HOA Fees

$381 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2017
  • Street Number Display: 221
  • Directions: VALLEY RD TO THE CEDARS ENTRANCE, RIGHT ON ARBOR, LEFT ON ARROWOOD #221
  • I D: 4820243
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: The Cedars-Basking Ridge
  • First Name: HUI C.
  • First Name3: CHENGBO
  • Last Name: CHANG
  • Last Name3: YIN
  • Office Phone: 908-685-5881
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2017

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, Skylight, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Utility Room, Workshop, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 16x12
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 20x13
  • Other Room1 Level: Second
  • Other Room 2: Storage Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: Laundry Room, Foyer, Living Room, Pantry, Dining Room, Powder Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Office, Storage Room, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-685-5881

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Parking Lot-Shared, Additional Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 381
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Assessed Improvement Value: 164300
  • Assessed Land Value: 175000
  • Assessment: 339300
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 15.12
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6712
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09001-0000-00015-0012-CONDO
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Mar 1, 2019
Sold by
Loesner Robert James and Loesner Miyako
Bought by
Ouyang Runzhao and Shi Linlin
Seller's Agent
Hui Chang
GALAXY INTERNATIONAL REALTY LLC
Buyer's Agent
CHENGBO YIN
REALMART REALTY
List Price
$369,000
Sold Price
$356,000
Premium/Discount to List
-$13,000
-3.52%
Current Estimated Value
$532,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,745
Avg. Annual Appreciation
6.51%
Original Mortgage
$310,000
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Dec 13, 1994
Sold by
Mccamey Angela
Bought by
Loesner Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
9%
Source: Public Records

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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
Ouyang Runzhao $356,000 Westcor Land Title Ins Co
Loesner Robert $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouyang Runzhao $325,600
Previous Owner Ouyang Runzhao $310,000
Previous Owner Loesner Robert James $120,000
Previous Owner Loesner Robert James $27,000
Previous Owner Loesner Robert $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $356,000 -3.5% --
02/10/2019 02/10/19 Pending -- -- --
08/28/2018 08/28/18 For Sale $369,000 -- --
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
2024 $7,911 $444,700 $175,000 $269,700
2023 $7,648 $405,500 $175,000 $230,500
2022 $7,819 $388,800 $175,000 $213,800
2021 $7,204 $341,400 $175,000 $166,400
2020 $7,161 $342,000 $175,000 $167,000
2019 $6,844 $336,500 $175,000 $161,500
2018 $6,803 $339,300 $175,000 $164,300
2017 $6,713 $337,500 $175,000 $162,500
2016 $6,622 $339,400 $175,000 $164,400
2015 $6,444 $336,300 $170,000 $166,300
2014 $6,332 $327,400 $175,000 $152,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3497516

Garden State MLS

APN: 02-09001-0000-00015-12-CONDO