NOT LISTED FOR SALE

3 Palmerston Place Basking Ridge, NJ 07920

Estimated Value: $1,285,597 - $1,418,000

5 Beds
2.5 Baths
-- Sq Ft
0.94 Acres

Last Sold June 12, 2020

Last sale price $824,000

Est. 64% increase in value since last sale

Current estimated payment $9,038/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Attic
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2020

Handsome 5 bedroom colonial in a very desirable neighborhood. Beautifully updated kitchen with white cabinetry, granite countertops and stainless appliances. Recently refinished hardwood floors on both levels. Great flow for entertaining in the spacious living room with french doors opening to the family room with woodburning fireplace, built-in cabinets and large picture window overlooking rear yard. Finished basement features a large recreation room with a built-in entertainment wall unit and a craft/storage room. Master bedroom with huge walk-in closet and updated full bath plus four additional bedrooms and laundry room complete the upper level. An expansive paver patio and fire pit overlook the scenic, level, park-like property. Move right in to this warm, inviting home!

Last Agent to Sell the Property

Michelle Reedy

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 02/13/2020

KELLER WILLIAMS TOWNE SQUARE REAL

Co-Listed By

Al Swider

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Agostino Savino

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,262

Year Built

  • Built in 1965

Lot Details

  • 0.94 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-05102-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,262

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1965
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: Drainage
  • Street Number Display: 3
  • Directions: Stockmar Dr to right on Granville Way. House is on the corner of Granville Way & Palmerston Place.
  • I D: 4954570
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Mt Airy Estates
  • First Name: MICHELLE
  • First Name2: ALAN
  • First Name3: AGOSTINO
  • Last Name: REEDY
  • Last Name2: SWIDER
  • Last Name3: SAVINO
  • Office Phone: 908-766-0085
  • Office Phone2: 908-766-0085
  • Office Phone3: 973-378-8300
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookElec, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Self Cleaning Oven, Sump Pump, OvnWGas, Washer
  • Interior Amenities: Fire Extinguisher, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished, Full
  • Basement Level Rooms: Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 22x13
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x11
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 31x25
  • Other Room2 Level: Basement
  • Other Room 3: MudRoom
  • Other Room3 Dim: 13x12
  • Other Room3 Level: First
  • Other Level Rooms: MudRoom
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Family Room, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Curbs, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .94AC
  • Assessed Improvement Value: 403000
  • Assessed Land Value: 360500
  • Assessment: 763500
  • Easement: Yes
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.94
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 15262
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-05102-0000-00001-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jun 12, 2020
Sold by
Summers William C and Summers Laurie H
Bought by
Nowell Timothy and Nowell Erin
Seller's Agent
Michelle Reedy
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Agostino Savino
COLDWELL BANKER REALTY
List Price
$849,900
Sold Price
$824,000
Premium/Discount to List
-$25,900
-3.05%
Total Days on Market
21
Current Estimated Value
$1,351,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,149
Avg. Annual Appreciation
10.42%
Original Mortgage
$524,000
Outstanding Balance
$469,583
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$881,566

Purchase Details

Closed on
Jun 17, 1997
Sold by
Freeburg Dwight
Bought by
Summers William and Summers Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%
Source: Public Records

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Range of Values:

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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
Nowell Timothy $824,000 Chicago Title Insurance Co
Summers William $453,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowell Timothy $524,000
Previous Owner Summers William C $190,500
Previous Owner Summers William $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $824,000 -3.0% --
03/05/2020 03/05/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $849,900 -- --
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 $17,786 $999,800 $365,300 $634,500
2023 $17,306 $917,600 $355,300 $562,300
2022 $17,029 $846,800 $355,300 $491,500
2021 $16,553 $784,500 $355,300 $429,200
2020 $15,764 $752,800 $355,300 $397,500
2019 $15,530 $763,500 $360,500 $403,000
2018 $15,262 $761,200 $365,700 $395,500
2017 $15,705 $789,600 $365,700 $423,900
2016 $15,709 $805,200 $375,700 $429,500
2015 $16,071 $838,800 $380,700 $458,100
2014 $15,420 $797,300 $387,600 $409,700
Source: Public Records

Agents Affiliated with this Home

  • Michelle Reedy

    Seller's Agent in 2020

    Michelle Reedy

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 872-7266

    46 Total Sales

    Michelle Reedy
    Section Image
  • Al Swider

    Seller Co-Listing Agent in 2020

    Al Swider

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 415-1557

    52 Total Sales

    Al Swider
    Section Image
  • Agostino Savino

    Buyer's Agent in 2020

    Agostino Savino

    COLDWELL BANKER REALTY

    (908) 418-1602

    48 Total Sales

    Agostino Savino
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3616404

Garden State MLS

APN: 02-05102-0000-00001

New Jersey Somerset County Basking Ridge 07920

3 Palmerston Place, Basking Ridge, NJ

This home is located at 3 Palmerston Place, Basking Ridge, NJ 07920 since 13 February 2020 and is currently estimated at $1,351,149. This property was built in 1965. 3 Palmerston Place is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

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