NOT LISTED FOR SALE

3 Richmond Dr Basking Ridge, NJ 07920

Estimated Value: $930,000 - $1,024,000

3 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: April 1, 2024

Last sale price $920,000

Est. 5% increase in value since last sale

Current estimated payment $6,316 / mo

5 Days on Market

About This Home

As of April 2024

This home is located at 3 Richmond Dr, Basking Ridge, NJ 07920 since 07 February 2024 and is currently estimated at $965,381. This property was built in 1999. 3 Richmond Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Brokerage Phone: 908-580-5000 Listed on: 02/07/2024

BHHS FOX & ROACH

Last Buyer's Agent

PAULA SIBEL

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Year Built: 1999
  • County Name: Somerset
  • I D: 5268219
  • Attribution Contact: 908-580-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.11AC
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 26, 2024
Sold by
Ballard Michael
Bought by
Narayan Parvathi
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
PAULA SIBEL
COLDWELL BANKER REALTY
List Price
$879,000
Sold Price
$920,000
Premium/Discount to List
$41,000
4.66%
Views
74
Current Estimated Value
$965,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,381
Avg. Annual Appreciation
2.38%
Original Mortgage
$720,000
Outstanding Balance
$707,979
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$257,402

Purchase Details

Closed on
May 22, 2006
Sold by
Miele Stephen R
Bought by
Ballard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1999
Sold by
Patriots Lp
Bought by
Miele Stephen and Miele Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,589
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Narayan Parvathi $920,000 American Land Title
Narayan Parvathi $920,000 American Land Title
Ballard Michael $755,000 --
Ballard Michael $755,000 None Available
Miele Stephen $400,492 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayan Parvathi $720,000
Closed Narayan Parvathi $720,000
Previous Owner Ballard Michael $555,000
Previous Owner Miele Stephen $396,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $920,000 +4.7% --
02/16/2024 02/16/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $879,000 -- --
Source: Garden State MLS

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 $14,380 $868,300 $295,800 $572,500
2024 $14,380 $808,300 $245,800 $562,500
2023 $13,845 $734,100 $233,500 $500,600
2022 $13,480 $670,300 $233,500 $436,800
2021 $13,304 $630,500 $235,400 $395,100
2020 $13,092 $625,200 $235,400 $389,800
2019 $12,806 $629,600 $235,400 $394,200
2018 $13,143 $655,500 $240,600 $414,900
2017 $13,225 $664,900 $253,300 $411,600
2016 $13,197 $676,400 $253,300 $423,100
2015 $12,571 $656,100 $253,300 $402,800
2014 $12,072 $624,200 $253,300 $370,900
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Blanchard

    Seller's Agent in 2024

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    134 in this area

    219 Total Sales

    Jennifer Blanchard
    Section Image

  • P

    Buyer's Agent in 2024

    PAULA SIBEL

    COLDWELL BANKER REALTY

    3 in this area

    3 Total Sales

    PAULA SIBEL
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3885039

Garden State MLS

APN: 02-10801-0000-00004

New Jersey Somerset County Basking Ridge 07920

3 Richmond Dr, Basking Ridge, NJ

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