NOT LISTED FOR SALE

27 Chimney Ash Farm Rd Basking Ridge, NJ 07920

Estimated Value: $1,556,000 - $1,594,000

5 Beds
4 Baths
-- Sq Ft
0.72 Acres

Last Sold May 15, 2024

Last sale price $1,485,000

Est. 6% increase in value since last sale

Current estimated payment $10,305/month

3 Days on Market

About This Home

As of May 2024

This home is located at 27 Chimney Ash Farm Rd, Basking Ridge, NJ 07920 since 29 March 2024 and is currently estimated at $1,573,166. 27 Chimney Ash Farm Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Carolyn Fahey

FAHEY REALTORS Brokerage Phone: 908-204-0600 Listed on: 03/29/2024

Co-Listed By

ASHLEY FAHEY

FAHEY REALTORS Brokerage Phone: 908-204-0600

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,982

Lot Details

  • 0.72 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,982

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 27
  • I D: 5276905
  • Modified: 2025-05-16
  • Number Images: 1
  • Attribution Contact: 908-204-0600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.72AC
  • Total Acres: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 9, 2024
Sold by
Roveri Serena and Tamoni Andrea Giovanni
Bought by
Igor Gosev and Igor Petra Carmichael
Seller's Agent
Carolyn Fahey
FAHEY REALTORS
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$1,350,000
Sold Price
$1,485,000
Premium/Discount to List
$135,000
10%
Views
33
Current Estimated Value
$1,573,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,166
Avg. Annual Appreciation
3.23%
Original Mortgage
$1,188,000
Outstanding Balance
$1,176,712
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$370,874

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 31, 2022
Sold by
Gallo Paul P and Gallo Joanne S
Bought by
Roveri Serena and Tamoni Andrea Giovanni
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
Carolyn Fahey
FAHEY REALTORS
List Price
$1,090,000
Sold Price
$1,200,000
Premium/Discount to List
$110,000
10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$852,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Catania Richard
Bought by
Gallo Paul P and Gallo Joanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
6.52%
Source: Public Records

Range of Values:

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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
Igor Gosev $1,485,000 Investment Title
Roveri Serena $1,200,000 Green Hill Title
Gallo Paul P $990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igor Gosev $1,188,000
Previous Owner Roveri Serena $852,000
Previous Owner Gallo Paul P $287,007
Previous Owner Gallo Paul P $310,600
Previous Owner Gallo Paul P $318,000
Previous Owner Gallo Paul P $693,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,485,000 +10.0% --
04/09/2024 04/09/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $1,350,000 +12.5% --
06/01/2022 06/01/22 Sold $1,200,000 +10.1% $344 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,090,000 -- $313 / Sq Ft
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 $20,982 $1,179,400 $409,400 $770,000
2023 $20,241 $1,073,200 $409,400 $663,800
2022 $18,525 $921,200 $409,400 $511,800
2021 $17,929 $849,700 $399,400 $450,300
2020 $17,317 $827,000 $389,400 $437,600
2019 $17,075 $839,500 $396,600 $442,900
2018 $17,466 $871,100 $396,600 $474,500
2017 $17,965 $903,200 $411,600 $491,600
2016 $18,101 $927,800 $406,600 $521,200
2015 $18,277 $953,900 $398,800 $555,100
2014 $18,394 $951,100 $398,800 $552,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3893400

Garden State MLS

APN: 02-02101-0000-00039