NOT LISTED FOR SALE

27 Fairbanks Ln Basking Ridge, NJ 07920

Estimated Value: $697,000 - $829,000

2 Beds
3 Baths
-- Sq Ft
1,655 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $700,000

Est. 13% increase in value since last sale

Current estimated payment $5,278/month

8 Days on Market

About This Home

As of September 2022

This home is located at 27 Fairbanks Ln, Basking Ridge, NJ 07920 since 30 July 2022 and is currently estimated at $787,515. This property was built in 1984. 27 Fairbanks Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Joan Barrett

STANTON COMPANY Brokerage Phone: 973-746-1313 Listed on: 07/30/2022

Last Buyer's Agent

CAROL CONWAY

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,843

Year Built

  • Built in 1984

Lot Details

  • 1,655

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,843

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • County Name: Somerset
  • Street Number Display: 27
  • I D: 5169858
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-746-1313
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Sep 23, 2022
Sold by
Stotler Richard H and Stotler Therese A
Bought by
Mccarthy John F and Zimicki Martha
Seller's Agent
Joan Barrett
STANTON COMPANY
Buyer's Agent
CAROL CONWAY
WEICHERT REALTORS
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%
Current Estimated Value
$787,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,515
Avg. Annual Appreciation
4.28%

Purchase Details

Listed on
Nov 20, 2012
Closed on
Nov 20, 2012
Sold by
Craig Mary E and Craig Cynthia M
Bought by
Stotler Richard H and Herese A Stotler T
Buyer's Agent
Connie Napolitano
COLDWELL BANKER REALTY
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$381,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 1996
Sold by
Weise Donald
Bought by
Craig John and Craig Mary
Source: Public Records

Range of Values:

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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
Mccarthy John F $700,000 Investment Title
Stotler Richard H $500,000 Title Insurance Commitment
Craig John $311,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stotler Richard H $50,000
Previous Owner Stotler Richard H $381,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $700,000 +7.9% --
08/07/2022 08/07/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $649,000 +29.8% --
11/20/2012 11/20/12 Sold $500,000 -- --
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 $11,843 $665,700 $267,300 $398,400
2023 $12,370 $655,900 $267,300 $388,600
2022 $11,776 $585,600 $267,300 $318,300
2021 $11,679 $569,600 $247,500 $322,100
2020 $11,469 $547,700 $247,500 $300,200
2019 $10,943 $538,000 $247,500 $290,500
2018 $10,787 $538,000 $247,500 $290,500
2017 $10,416 $523,700 $247,500 $276,200
2016 $10,288 $527,300 $247,500 $279,800
2015 $10,193 $532,000 $247,500 $284,500
2014 $9,923 $513,100 $247,500 $265,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3799449

Garden State MLS

APN: 02-03502-0000-00014-0000-CONDO