NOT LISTED FOR SALE

24 Summit Dr Basking Ridge, NJ 07920

Estimated Value: $1,394,000 - $1,534,000

4 Beds
2.5 Baths
-- Sq Ft
0.62 Acres

Last Sold June 27, 2016

Last sale price $980,000

Est. 48% increase in value since last sale

Current estimated payment $9,512/month

39 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of June 2016

Well maintained 4 Bedroom, 2 1/2 Bath colonial in desirable Summit Development. Updated throughout, this home has gourmet kitchen with 2 ovens, family room with fireplace, wood floors, Epi wood deck overlooking private back yard.

Last Agent to Sell the Property

ROSEMARY A PUCCI

COLDWELL BANKER REALTY Listed on: 03/28/2016

Last Buyer's Agent

LEE SPRINGMEYER

KELLER WILLIAMS VALLEY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,899

Year Built

  • Built in 1987

Lot Details

  • 0.62

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Clapboard

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • French Drain

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Cedar Hill 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

Additional Features

  • Deck
  • 0.62 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-06502-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,899

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 24
  • Directions: Stonehouse Road to Rt on Linden, Left on Summit
  • I D: 4601511
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: The Summit
  • First Name: ROSEMARY A
  • First Name3: LEE
  • Last Name: PUCCI
  • Last Name3: SPRINGMEYER
  • Office Phone: 973-635-3293
  • Office Phone3: 211826
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, OvnWElec, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, Walk-In Closet, StallTub, Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • 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, Soaking Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Finished-Partially
  • Basement Level Rooms: Storage Room, Utility Room, Great Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 23x14
  • Kitchen Level: First
  • Living Room Dim: 25x14
  • Living Room Level: First
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Laundry Room, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Brick, Clapboard, Wood
  • Exterior Features: Deck, Sidewalk, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Paver Block, Blacktop

Utilities

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

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.62AC
  • Assessed Improvement Value: 500300
  • Assessed Land Value: 381700
  • Assessment: 882000
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.62
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16899
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-06502-0000-00003-0000-
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jun 22, 2016
Sold by
Mcelgunn John J and Mcelgunn Linda A
Bought by
Hornyak Scott and Hornyak Pina
Seller's Agent
ROSEMARY A PUCCI
COLDWELL BANKER REALTY
Buyer's Agent
LEE SPRINGMEYER
KELLER WILLIAMS VALLEY REALTY
List Price
$999,900
Sold Price
$980,000
Premium/Discount to List
-$19,900
-1.99%
Current Estimated Value
$1,447,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,238
Avg. Annual Appreciation
3.93%
Original Mortgage
$550,000
Outstanding Balance
$444,936
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$951,272
Source: Public Records

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
Hornyak Scott $980,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornyak Scott $550,000
Previous Owner Mcelgunn $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $980,000 -2.0% --
05/06/2016 05/06/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $999,900 -- --
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 $19,510 $1,096,700 $405,500 $691,200
2023 $19,482 $1,033,000 $405,500 $627,500
2022 $18,640 $926,900 $390,500 $536,400
2021 $17,004 $805,900 $371,700 $434,200
2020 $16,934 $808,700 $371,700 $437,000
2019 $17,179 $844,600 $371,700 $472,900
2018 $17,492 $872,400 $371,700 $500,700
2017 $17,915 $900,700 $371,700 $529,000
2016 $17,321 $887,800 $381,700 $506,100
2015 $16,899 $882,000 $381,700 $500,300
2014 $16,298 $842,700 $381,700 $461,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3292919

Garden State MLS

APN: 02-06502-0000-00003