Seller's Agent in 2020
Michelle Reedy
KELLER WILLIAMS TOWNE SQUARE REAL
(908) 872-7266
8 in this area
38 Total Sales
3 Palmerston Place Basking Ridge, NJ 07920
Estimated Value: $1,346,019 - $1,479,000
5
Beds
2.5
Baths
--
Sq Ft
0.94
Acres
Highlights
- Colonial Architecture
- Recreation Room
- Attic
- Liberty Corner Elementary School Rated A
- Wood Flooring
- Corner Lot
About This Home
As of June 2020Handsome 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
KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 02/13/2020
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 *
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,505
Avg. Annual Appreciation
10.75%
Original Mortgage
$524,000
Outstanding Balance
$465,511
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$949,994
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $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
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 |
|---|---|---|---|---|
| 2025 | $17,786 | $1,186,900 | $430,300 | $756,600 |
| 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
-
Al Swider
Seller Co-Listing Agent in 2020
Al Swider
KELLER WILLIAMS TOWNE SQUARE REAL
(908) 415-1557
17 in this area
43 Total Sales
-
Agostino Savino
Buyer's Agent in 2020
Agostino Savino
COLDWELL BANKER REALTY
(908) 418-1602
48 Total Sales
Map
Source: Garden State MLS
MLS Number: 3616404
APN: 02-05102-0000-00001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Nearby Homes
- 4 Tuxford Terrace
- 88 Queen Anne Dr
- 28 Lafayette Ln
- 234 Liberty Corner Rd
- 213 Liberty Corner Rd
- 28 Everson Place
- 12 Tamarisk Ct
- 30 Cooper Ln
- 209 Lake Rd
- 78 River Farm Ln
- 62 Canoe Brook Ln
- 147 Liberty Corner Rd
- 70 Baldwin Ct Unit D2
- 47 Woodward Ln Ondo
- 365 Mine Brook Rd
- 155 Woodward Ln
- 155 Irving Place
- 19 Emily Rd
- 4 Colts Glen Ln
- 49 Liberty Corner Rd
- 9 Palmerston Place
- 51 Stockmar Dr
- 45 Stockmar Dr
- 44 Granville Way
- 52 Granville Way
- 15 Palmerston Place
- 55 Stockmar Dr
- 60 Granville Way
- 112 Victoria Dr
- 35 Granville Way
- 38 Granville Way
- 65 Stockmar Dr
- 21 Palmerston Place
- 33 Stockmar Dr
- 104 Victoria Dr
- 29 Granville Way
- 32 Granville Way
- 27 Launcelot Ln
- 44 Stockmar Dr
- 67 Stockmar Dr