NOT LISTED FOR SALE

25 Ramapo Dr Basking Ridge, NJ 07920

Bernards Neighborhood

Estimated Value: $1,593,000 - $1,668,891

4 Beds
4 Baths
-- Sq Ft
0.88 Acres

Last Sold August 24, 2023

Last sale price $1,430,000

Est. 15% increase in value since last sale

Current estimated payment $10,454/month

13 Days on Market

About This Home

As of August 2023

This home is located at 25 Ramapo Dr, Basking Ridge, NJ 07920 since 09 May 2023 and is currently estimated at $1,641,223. This property was built in 2001. 25 Ramapo Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Gregory Asch

RE/MAX ACHIEVERS Brokerage Phone: 973-701-1200 Listed on: 05/09/2023

RE/MAX ACHIEVERS

Last Buyer's Agent

Gerald Jones

ADDISON REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.88 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0.88 Acres

Listing Details

  • Year Built: 2001
  • County Name: Somerset
  • I D: 5218857
  • Attribution Contact: 973-701-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.88AC
  • Total Acres: 0.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
You Hyun Sook and You Hogap
Bought by
Lanka Sreeharsha and Mannam Usha Kiran
Current Estimated Value
$1,641,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2002
Sold by
Patriots Lp
Bought by
You Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,500
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Lanka Sreeharsha $1,430,000 Fidelity National Title
Lanka Sreeharsha $1,430,000 Fidelity National Title
You Hyun $790,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanka Sreeharsha $675,000
Previous Owner You Hyun $513,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $1,430,000 +6.0% --
05/25/2023 05/25/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $1,349,000 -- --
Source: Garden State MLS

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 $23,995 $1,506,200 $432,600 $1,073,600
2024 $23,995 $1,348,800 $343,400 $1,005,400
Source: Public Records

Agents Affiliated with this Home

  • Gregory Asch

    Seller's Agent in 2023

    Gregory Asch

    RE/MAX

    (908) 848-1044

    5 in this area

    29 Total Sales

    Gregory Asch
    Section Image

  • G

    Buyer's Agent in 2023

    Gerald Jones

    ADDISON REAL ESTATE

    (201) 738-8885

    1 in this area

    10 Total Sales

    Gerald Jones
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3842642

Garden State MLS

APN: 02-10901-0000-00003

New Jersey Somerset County Basking Ridge 07920 Bernards

25 Ramapo Dr, Basking Ridge, NJ

Not Listed for Sale

Detached

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