NOT LISTED FOR SALE

241 Arrowood Way Unit 16241 Basking Ridge, NJ 07920

Estimated Value: $547,000 - $581,751

2 Beds
2.5 Baths
-- Sq Ft
$392/mo HOA Fee

Last Sold July 16, 2021

Last sale price $430,000

Est. 32% increase in value since last sale

Current estimated payment $4,073/month

14 Days on Market

Highlights

  • Private Pool
  • Sauna
  • Wood Flooring
  • Liberty Corner Elementary School Rated A
  • Deck
  • Attic

About This Home

As of July 2021

A gorgeous 2 Bedrooms 2.5 Baths 1 Cargarage end unit townhouse in Cedars community at Basking Ridge NJ for Sale, freshly painted , perfect location near pool & other amenities, beautiful Living room high ceiling , nice gourmet EIK w/granite counter, 2nd floor has an open large loft, finished basement with sauna room and shower, the granite counter have a cracker near the sink and is sold in "AS IS" condition, no seller disclosure due to the house was a rental property

Last Agent to Sell the Property

SYLVIA WEI LIN

ELITE REALTORS OF NEW JERSEY Listed on: 04/15/2021

Last Buyer's Agent

IRINA BAGMUT

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,978

Year Built

  • Built in 1993

Lot Details

  • 871

HOA Fees

  • $392 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Additional Parking
  • Parking Lot

Home Design

  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Workshop
  • Storage Room
  • Utility Room
  • Sauna
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Soaking Tub

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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09001-0000-00016-0016-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,978

Year Built

Built in 1993

Lot Details

0

HOA Fees

$392 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
  • Street Number Display: 241
  • Directions: Valley Rd to Cedars right on Arbor Circle left to Arrowood
  • I D: 5063163
  • Modified: 2022-07-17
  • Number Images: 24
  • Section Subdiv Development: Cedars
  • First Name: SYLVIA WEI
  • First Name3: IRINA
  • Last Name: LIN
  • Last Name3: BAGMUT
  • Office Phone: 201-981-8140
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Sauna, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Soaking Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Family Room, Sauna, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 16x12
  • Living Room Level: First
  • Other Room 1: Sauna
  • Other Level Rooms: Loft
  • Level 1 Rooms: Dining Room, Kitchen, Laundry Room, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Loft
  • Level 3 Rooms: Attic
  • Phone: 973-994-9009

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 392
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

Schools

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

Lot Info

  • Lot Size: Condo
  • Assessed Improvement Value: 206000
  • Assessed Land Value: 175000
  • Assessment: 381000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 16.16
  • Lot I D Tax: *
  • Zoning: Residetial

Rental Info

  • Application Fee: 700
  • Pets Allowed: Call

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7978
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09001-0000-00016-0016-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 7, 2021
Sold by
Liu Ling
Bought by
Patnaik Sandeep Kumar and Raula Sandhyarani
Seller's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
IRINA BAGMUT
WEICHERT REALTORS
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%
Current Estimated Value
$566,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,938
Avg. Annual Appreciation
6.77%
Original Mortgage
$344,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2013
Closed on
Feb 28, 2013
Sold by
Warner Steven K
Bought by
Liu Ling
Seller's Agent
Courtney Orlando
COMPASS NEW JERSEY, LLC
Sold Price
$368,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$268,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Sukhin Nikita G and Sukhin Teresa
Bought by
Warner Steven K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,700
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1997
Sold by
Smith Kevin
Bought by
Sukhin Nikita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Patnaik Sandeep Kumar $430,000 Simplicity Title Llc
Patnaik Sandeep Kumar $430,000 Simplicity Title
Liu Ling $368,000 Agent For Chicago Title Insu
Warner Steven K $3,650,000 None Available
Sukhin Nikita $176,115 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patnaik Sandeep Kumar $344,000
Previous Owner Liu Ling $268,000
Previous Owner Warner Steven K $273,700
Previous Owner Sukhin Nikita $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2021 07/16/21 Sold $430,000 +2.4% --
04/29/2021 04/29/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $420,000 +14.1% --
02/28/2013 02/28/13 Sold $368,000 -- -- View Prior Sale
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 $7,963 $533,600 $175,000 $358,600
2024 $7,963 $447,600 $175,000 $272,600
2023 $8,112 $430,100 $175,000 $255,100
2022 $8,273 $411,400 $175,000 $236,400
2021 $7,978 $381,900 $175,000 $206,900
2020 $7,978 $381,000 $175,000 $206,000
2019 $7,644 $375,800 $175,000 $200,800
2018 $7,342 $366,200 $175,000 $191,200
2017 $7,387 $371,400 $175,000 $196,400
2016 $7,328 $375,600 $175,000 $200,600
2015 $7,145 $372,900 $170,000 $202,900
2014 $6,945 $359,100 $175,000 $184,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SYLVIA WEI LIN

    ELITE REALTORS OF NEW JERSEY

  • I

    Buyer's Agent in 2021

    IRINA BAGMUT

    WEICHERT REALTORS

  • Courtney Orlando

    Seller's Agent in 2013

    Courtney Orlando

    COMPASS NEW JERSEY, LLC

    (732) 921-1825

    9 in this area

    208 Total Sales

    Courtney Orlando
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3705297

Garden State MLS

APN: 02-09001-0000-00016-16-CONDO

New Jersey Somerset County Basking Ridge 07920

241 Arrowood Way Unit 16241, Basking Ridge, NJ

This home is located at 241 Arrowood Way Unit 16241, Basking Ridge, NJ 07920 since 15 April 2021 and is currently estimated at $566,938. This property was built in 1993. 241 Arrowood Way Unit 16241 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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