NOT LISTED FOR SALE

2501 Privet Way Basking Ridge, NJ 07920

Estimated Value: $464,000 - $499,000

2 Beds
2.5 Baths
-- Sq Ft
$320/mo HOA Fee

Last Sold December 16, 2021

Last sale price $360,000

Est. 33% increase in value since last sale

Current estimated payment $3,574/month

9 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Marble Flooring
  • Liberty Corner Elementary School Rated A
  • Deck
  • Den

About This Home

As of December 2021

Wonderful community living with pool, tennis courts, walking and jogging trails and clubhouse makes for the perfect staycation! Enjoy easy living in this corner unit with an open floorplan, two decks, wood-burning fireplace for those chilly winter nights, an updated kitchen with SS appliances, granite counter-tops, subway tile backsplash and large walk-in pantry. A breakfast room features floor to ceiling sliders that access a deck which is perfect for grilling or enjoying your morning coffee. A formal dining room, spacious living room, cozy den and powder room complete this level. There are two large bedrooms located on the ground level which are both en-suite and have great closet space. Multiple offers in hand. Please submit all offers by 8pm on Wednesday, 10/27

Last Listed By

GINA A. MCBRIDE

CENTRAL PROPERTY ASSOCIATES INC Listed on: 10/22/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,560

Year Built

  • Built in 1992

Lot Details

  • 566

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Garage Access

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Home Security

Accessible Home Design

  • Accessible Bedroom

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 2702-09001-0000-00025-0006-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,560

Year Built

Built in 1992

Lot Details

0

HOA Fees

$320 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: 1992
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2018
  • Street Number Display: 2501
  • Directions: Valley Road to Arbor Circle to Privet Way
  • I D: 5109396
  • Modified: 2022-12-17
  • Number Images: 21
  • Section Subdiv Development: The Cedars
  • First Name: GINA A.
  • First Name2: CARLA
  • First Name3: CARLA
  • Last Name: MCBRIDE
  • Last Name2: FORTE
  • Last Name3: FORTE
  • Office Phone2: 973-539-7100
  • Office Phone3: 973-539-7100
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2018

Interior Features

  • Flooring: Carpeting, Laminate, Marble, Tile
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Stackable Washer/Dryer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Kitchen Dim: 11x8
  • Kitchen Level: First
  • Living Room Dim: 20x11
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 10x9
  • Other Room1 Level: First
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, GarEnter, Kitchen, Living Room, Pantry, Powder Room
  • Ground Level Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-539-7100

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 320
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

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: 177000
  • Assessed Land Value: 140000
  • Assessment: 317000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 25.06
  • Lot I D Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 320
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6560
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09001-0000-00025-0006-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
Oct 22, 2021
Closed on
Dec 14, 2021
Sold by
Lozano Theresa A
Bought by
Douches Daniel Lee
Seller's Agent
GINA A. MCBRIDE
CENTRAL PROPERTY ASSOCIATES INC
Buyer's Agent
CARLA FORTE
CENTRAL PROPERTY ASSOCIATES INC
List Price
$349,500
Sold Price
$360,000
Premium/Discount to List
$10,500
3%
Total Days on Market
9
Current Estimated Value
$479,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,546
Avg. Annual Appreciation
9.53%
Original Mortgage
$330,000
Outstanding Balance
$306,134
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$185,805

Purchase Details

Closed on
Nov 26, 2003
Sold by
Vecchione Patricia
Bought by
Lozano Theresa A

Range of Values:

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Average Value
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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
Douches Daniel Lee $360,000 Green Hill Title Llc
Lozano Theresa A $271,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douches Daniel Lee $330,000
Previous Owner Lozano Theresa A $258,750
Previous Owner Lozano Theresa A $42,039
Previous Owner Lozano Theresa A $200,000
Previous Owner Lozano Theresa $263,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $360,000 +3.0% --
11/03/2021 11/03/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $349,500 -- --
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 $6,979 $392,300 $140,000 $252,300
2023 $6,720 $356,300 $140,000 $216,300
2022 $6,743 $335,300 $140,000 $195,300
2021 $6,689 $317,000 $140,000 $177,000
2020 $6,561 $313,300 $140,000 $173,300
2019 $6,533 $321,200 $140,000 $181,200
2018 $5,907 $294,600 $140,000 $154,600
2017 $5,915 $297,400 $140,000 $157,400
2016 $5,769 $295,700 $140,000 $155,700
2015 $5,486 $286,300 $135,000 $151,300
2014 $5,208 $269,300 $135,000 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3748026

Garden State MLS

APN: 02-09001-0000-00025-06-CONDO