Seller's Agent in 2023
Jennifer Blanchard
BHHS FOX & ROACH
(908) 432-0318
199 Total Sales
3 Magnolia Path Basking Ridge, NJ 07920
Estimated Value: $591,000 - $618,000
2
Beds
3
Baths
--
Sq Ft
1,307
Sq Ft Lot
About This Home
As of October 2023This home is located at 3 Magnolia Path, Basking Ridge, NJ 07920 since 22 August 2023 and is currently estimated at $605,259. This property was built in 1992. 3 Magnolia Path is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.
Last Listed By
BHHS FOX & ROACH Brokerage Phone: 908-580-5000 Listed on: 08/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,870
Year Built
- Built in 1992
Lot Details
- 1,307
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2023
Closed on
Oct 12, 2023
Sold by
Favale Joseph and Favale Carmela
Bought by
Sharif Hooshang and Nasseri Azita
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
Robin Cooper
CORCORAN SAWYER SMITH
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%
Total Days on Market
22
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,259
Avg. Annual Appreciation
6.37%
Original Mortgage
$450,000
Outstanding Balance
$443,179
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$162,080
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharif Hooshang | $550,000 | Sunrise Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharif Hooshang | $450,000 | |
| Previous Owner | Favale Joseph F | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $550,000 | +2.0% | -- |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | For Sale | $539,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $8,870 | $498,600 | $166,300 | $332,300 |
| 2023 | $8,753 | $464,100 | $166,300 | $297,800 |
| 2022 | $8,663 | $430,800 | $166,300 | $264,500 |
| 2021 | $8,413 | $398,700 | $166,300 | $232,400 |
| 2020 | $8,148 | $389,100 | $166,300 | $222,800 |
| 2019 | $7,894 | $388,100 | $166,300 | $221,800 |
| 2018 | $7,920 | $395,000 | $166,300 | $228,700 |
| 2017 | $7,988 | $401,600 | $171,000 | $230,600 |
| 2016 | $7,790 | $399,300 | $171,000 | $228,300 |
| 2015 | $7,520 | $392,500 | $161,500 | $231,000 |
| 2014 | $7,102 | $367,200 | $161,500 | $205,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Blanchard
-
Robin Cooper
Buyer's Agent in 2023
Robin Cooper
CORCORAN SAWYER SMITH
(609) 647-8350
32 Total Sales
Map
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Source: Garden State MLS
MLS Number: 3860996
APN: 02-09001-0000-00092
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