NOT LISTED FOR SALE

3 Springfield Ln Basking Ridge, NJ 07920

Estimated Value: $986,665 - $1,188,000

Studio
-- Bath
2,711 Sq Ft
$405/Sq Ft Est. Value

About This Home

This home is located at 3 Springfield Ln, Basking Ridge, NJ 07920 and is currently estimated at $1,097,416, approximately $404 per square foot. 3 Springfield Ln is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2006
Sold by
Kaplan David
Bought by
Raghuram Kaushik Pillalamarri and Pappu Chaitanya
Current Estimated Value
$1,097,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,920
Outstanding Balance
$387,366
Interest Rate
6.53%
Estimated Equity
$710,050

Purchase Details

Closed on
Dec 13, 2001
Sold by
Davis Sharon
Bought by
Kaplan David and Kaplan Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.15%

Purchase Details

Closed on
May 19, 1999
Sold by
Hills Deve Co
Bought by
Davis Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,050
Interest Rate
6.88%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Raghuram Kaushik Pillalamarri $829,900 --
Kaplan David $594,000 --
Davis Sharon $446,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raghuram Kaushik Pillalamarri $663,920
Previous Owner Kaplan David $400,000
Previous Owner Davis Sharon $387,050
Source: Public Records

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
2025 $14,365 $921,000 $326,600 $594,400
2024 $14,365 $807,500 $285,600 $521,900
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

3 Springfield Ln, Basking Ridge, NJ

Not Listed for Sale

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