NOT LISTED FOR SALE

31 Chestnut Ct Basking Ridge, NJ 07920

Estimated Value: $554,000 - $581,557

2 Beds
2.5 Baths
-- Sq Ft
$406/mo HOA Fee

Last Sold March 05, 2021

Last sale price $410,000

Est. 39% increase in value since last sale

Current estimated payment $4,068/month

7 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Liberty Corner Elementary School Rated A
  • Deck
  • Loft

About This Home

As of March 2021

Bright and airy Townhome with NEW kitchen 2020, quartz countertops and new stainless steel appliances. Hardwood floors throughout.

Last Agent to Sell the Property

Siu Wong

KL SOTHEBY'S INT'L. REALTY Listed on: 01/27/2021

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

KAREN KAHN

KELLER WILLIAMS REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • Sprinkler System

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Wood Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-09001-0000-00002-0014-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal, trash collection
  • $700 Other One-Time Fees

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,655

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$406 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1988
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Renovated Year: 2020
  • Street Number Display: 31
  • Directions: Valley Rd to Cedars entrance to left on Arbor right on Chestnut
  • I D: 5044951
  • Modified: 2022-03-06
  • Number Images: 22
  • Section Subdiv Development: The Cedars
  • First Name: SIU Y.
  • First Name3: KAREN
  • Last Name: WONG
  • Last Name3: KAHN
  • Office Phone: 908-754-1500
  • Office Phone3: 908-273-2991
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x14
  • Kitchen Level: First
  • Living Room Dim: 12x16
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Dim: 19x12
  • Other Room1 Level: Second
  • Level 1 Rooms: Dining Room, Kitchen, Laundry Room, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Loft
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Tennis Courts, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 406
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 700

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: Common
  • Assessed Improvement Value: 155600
  • Assessed Land Value: 175000
  • Assessment: 330600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 2.14
  • Lot I D Tax: *
  • Zoning: RES

Rental Info

  • Application Fee: 500
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6655
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09001-0000-00002-0014-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Feb 26, 2021
Sold by
Elsborg Soren and Elsborg Liselotte
Bought by
Zalk Jennifer
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
KAREN KAHN
KELLER WILLIAMS REALTY
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Current Estimated Value
$568,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,139
Avg. Annual Appreciation
7.42%
Original Mortgage
$360,000
Outstanding Balance
$322,714
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$245,425

Purchase Details

Listed on
Dec 4, 2018
Closed on
Mar 11, 2019
Sold by
Palamara Dominick and Palamara Catalina
Bought by
Elsborg Soren and Elsborg Liselotte T
Seller's Agent
MARLENE BUCCAFUSCO
RE/MAX PREMIER
Buyer's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$332,500
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Zalk Jennifer $410,000 Acres Land Title Agency Llc
Zalk Jennifer $410,000 Chicago Title
Elsborg Soren $350,000 Prestige Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zalk Jennifer $360,000
Closed Zalk Jennifer $360,000
Previous Owner Elsborg Soren $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $410,000 +2.8% --
02/06/2021 02/06/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $399,000 +14.0% --
03/29/2019 03/29/19 Sold $350,000 -5.4% -- View Prior Sale
02/08/2019 02/08/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $370,000 -- --
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 $7,650 $486,600 $175,000 $311,600
2024 $7,650 $430,000 $175,000 $255,000
2023 $7,665 $406,400 $175,000 $231,400
2022 $7,821 $388,900 $175,000 $213,900
2021 $6,923 $353,900 $175,000 $178,900
2020 $6,923 $330,600 $175,000 $155,600
2019 $6,655 $327,200 $175,000 $152,200
2018 $6,600 $329,200 $175,000 $154,200
2017 $6,538 $328,700 $175,000 $153,700
2016 $6,483 $332,300 $175,000 $157,300
2015 $6,229 $325,100 $170,000 $155,100
2014 $6,316 $326,600 $175,000 $151,600
Source: Public Records

Agents Affiliated with this Home

  • Siu Wong

    Seller's Agent in 2021

    Siu Wong

    KL SOTHEBY'S INT'L. REALTY

    (908) 581-9593

    27 in this area

    254 Total Sales

    Siu Wong
    Section Image

  • K

    Buyer's Agent in 2021

    KAREN KAHN

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3689364

Garden State MLS

APN: 02-09001-0000-00002-14-CONDO

New Jersey Somerset County Basking Ridge 07920

31 Chestnut Ct, Basking Ridge, NJ

This home is located at 31 Chestnut Ct, Basking Ridge, NJ 07920 since 27 January 2021 and is currently estimated at $568,139. This property was built in 1988. 31 Chestnut Ct 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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