NOT LISTED FOR SALE

3071 Valley Rd Basking Ridge, NJ 07920

Estimated Value: $1,494,000 - $1,735,000

5 Beds
3.5 Baths
4,000 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 06, 2016

Last sale price $999,999 $250 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,055/month

14 Days on Market

Highlights

  • Custom Home
  • Conservatory Room
  • Family Room with Fireplace
  • Cedar Hill Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2016

Stunning custom colonial on beautifully manicured property- new deck, lush green lawns with charming front porch for that inviting first impression! 3.5 baths, 3 car garage;9 ft ceilings Sun-filled custom colonial with over an acre of gorgeous flat yard- two master bedroom suites- one with screened-in balcony for your early morning coffee! Complete with two walk-in master closets and gas burning fireplace-beautiful master bath- Open floor plan for contemporary living- Pristine condition. New Trex style deck in rear and wrap-around rocking chair front porch- Well maintained- turnkey home- must see to appreciate. Close to transportation to NYC.

Last Agent to Sell the Property

Judith Sutton

COLDWELL BANKER REALTY Listed on: 06/01/2016

COLDWELL BANKER REALTY

Last Buyer's Agent

Kathleen Mulvaney

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,816

Year Built

  • Built in 2007

Lot Details

  • 1.17 Acre Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Composition Shingle Roof
  • Composition Shingle

Interior Spaces

  • 4,000 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Family Room with entrance to outdoor space
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Conservatory Room
  • Carbon Monoxide Detectors
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08602-0000-00076-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,816

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2007
  • Year Built Description: Standing
  • County Name: Somerset
  • Street Number Display: 3071
  • Directions: From Rt. 78, exit 36 North on King George Rd., bear left onto Valley Rd., Home on left. Sign.
  • I D: 4628381
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JUDITH
  • First Name3: KATHLEEN
  • Last Name: SUTTON
  • Last Name3: MULVANEY
  • Office Phone: 908-766-0808
  • Office Phone3: 211590
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: JacuzTyp, Walk-In Closet, StallTub, High Ceilings, Skylight, Cathedral Ceiling
  • Number Rooms: 11
  • 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, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 31x28
  • Kitchen Level: First
  • Living Room Dim: 17x16
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 21x14
  • Other Room1 Level: Second
  • Other Room 2: Conservatory
  • Other Room2 Dim: 19x15
  • Other Room2 Level: First
  • Level 1 Rooms: Porch, Breakfast Room, Family Room, Kitchen, Powder Room, Conservatory, Laundry Room, Foyer, OutEntrn, Dining Room, Great Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Screened, Bath Main
  • Estimated Sq Ft: 4000
  • Phone: 908-766-2900

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Deck, Underground Lawn Sprinkler
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 1.17AC
  • Assessed Improvement Value: 592600
  • Assessed Land Value: 285100
  • Assessment: 877700
  • Easement: Unknown
  • Lot Description: Open Lot, Level Lot
  • Lot Identifier: 76
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16816
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08602-0000-00076-0000-
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Aug 26, 2016
Sold by
Chan Katie and Chan Perry
Bought by
Narayanan Rohit and Peter Merlin
Seller's Agent
Judith Sutton
COLDWELL BANKER REALTY
Buyer's Agent
Kathleen Mulvaney
COLDWELL BANKER REALTY
List Price
$997,500
Sold Price
$999,999
Premium/Discount to List
$2,499
0.25%
Current Estimated Value
$1,576,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,724
Avg. Annual Appreciation
5.14%
Original Mortgage
$799,999
Outstanding Balance
$632,565
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$944,158

Purchase Details

Closed on
Jan 22, 2009
Sold by
Genesis Quality Homes Basking Ridge Llc
Bought by
Chan Katie and Chan Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2006
Sold by
Webb Richard J
Bought by
Genesis Quality Homes At Baski

Purchase Details

Closed on
Mar 10, 1997
Sold by
Samuel Jane
Bought by
Hopkin Effie
Source: Public Records

Range of Values:

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Average Value
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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
Narayanan Rohit $999,999 None Available
Chan Katie $865,000 None Available
Genesis Quality Homes At Baski $415,000 --
Hopkin Effie $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayanan Rohit $799,999
Previous Owner Chan Katie $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2016 09/06/16 Sold $999,999 +0.3% $250 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $997,500 -- $249 / Sq Ft
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
2025 $20,338 $1,297,700 $348,100 $949,600
2024 $20,338 $1,143,200 $312,100 $831,100
2023 $19,905 $1,055,400 $312,100 $743,300
2022 $18,934 $941,500 $303,100 $638,400
2021 $18,830 $892,400 $285,100 $607,300
2020 $17,872 $853,500 $285,100 $568,400
2019 $19,506 $959,000 $285,100 $673,900
2018 $19,160 $955,600 $285,100 $670,500
2017 $18,709 $940,600 $285,100 $655,500
2016 $17,218 $882,500 $285,100 $597,400
2015 $16,817 $877,700 $285,100 $592,600
2014 $16,081 $831,500 $285,100 $546,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3311144

Garden State MLS

APN: 02-08602-0000-00076