NOT LISTED FOR SALE

31 E Craig St Basking Ridge, NJ 07920

Estimated Value: $2,017,000 - $2,227,405

5 Beds
5 Baths
4,200 Sq Ft
$503/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $1,725,000 $411 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,659/month

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Formal Dining Room
  • Oak Street Elementary School Rated A
  • Recreation Room
  • 2 Car Attached Garage

About This Home

As of February 2022

Imagine yourself in a brand-new beautifully built custom colonial in one of Somerset County's most desirable towns. This 5 bedroom, 5 bath home is privately situated on nearly an acre with approximately 4,200 square feet of living space. The home's architecture is enhanced by meticulous attention to detail and high-quality finishes throughout. A flowing open-concept floor plan features large light-filled entertaining spaces including the family room which offers an inviting gas fireplace. The gourmet kitchen boasts quartz countertops, an abundance of custom cabinetry and stainless-steel appliances. The first-floor master bedroom suite is luxurious with a spa-like bath. Four bedrooms and the laundry room grace the second level while the unfinished walk-up attic provides additional space for storage or possible expansion. The finished lower-level with a full bath is a blank canvas to make your own. . Close to shopping, parks, restaurants, and transportation in a top NJ school district, this is the exceptional home you've been waiting for!

Last Agent to Sell the Property

Kelly Peterpaul

COLDWELL BANKER REALTY Listed on: 02/15/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Jennifer Blanchard

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,386

Year Built

  • Built in 2022

Lot Details

  • 1.61

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,200 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Additional Features

  • Patio
  • 1.61 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-01608-0000-00010-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,386

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2022
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 31
  • Directions: N. Finley Avenue to E. Craig Street
  • I D: 5108744
  • Modified: 2023-02-24
  • Number Images: 1
  • First Name: KELLY ANN
  • First Name3: JENNIFER A.
  • First Name4: MARIA
  • Last Name: PETERPAUL
  • Last Name3: BLANCHARD
  • Last Name4: FLATLEY
  • Office Phone3: 908-580-5000
  • Office Phone4: 908-580-5000
  • Attribution Contact: 908-766-0808
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Refrigerator
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Rec Room, Utility Room
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Family Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other, SittngRm
  • Estimated Sq Ft: 4200
  • Phone: 908-766-0808

Exterior Features

  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 1.61AC
  • Assessed Land Value: 349500
  • Assessment: 349500
  • Easement: Unknown
  • Lot Identifier: 10.02
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.61

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8386
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01608-0000-00010-0002-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Feb 17, 2022
Sold by
301 Garrett Llc
Bought by
Ramesh Sathyadeepak and Ramesh Deepak Shiney
Seller's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
Buyer's Agent
Jennifer Blanchard
BHHS FOX & ROACH
List Price
$1,649,000
Sold Price
$1,725,000
Premium/Discount to List
$76,000
4.61%
Current Estimated Value
$2,114,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,135
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,500,000
Outstanding Balance
$1,397,802
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$716,333

Purchase Details

Closed on
Feb 24, 2021
Sold by
Sposato Realty Co Inc
Bought by
301 Garrett Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.7%
Mortgage Type
Construction
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
Ramesh Sathyadeepak $1,725,000 Chicago Title
301 Garrett Llc $250,000 Chicago Title Insurance Co
301 Garrett Llc $250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramesh Sathyadeepak $1,500,000
Previous Owner 301 Garrett Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $1,725,000 +4.6% $411 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,649,000 -- $393 / 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 $29,923 $1,765,100 $454,400 $1,310,700
2024 $29,923 $1,682,000 $387,900 $1,294,100
2023 $30,400 $1,611,900 $387,900 $1,224,000
2022 $7,209 $358,500 $358,500 $0
2021 $7,340 $349,500 $349,500 $0
2020 $8,386 $400,500 $400,500 $0
2019 $8,441 $415,000 $415,000 $0
2018 $8,208 $409,400 $409,400 $0
2017 $7,944 $399,400 $399,400 $0
2016 $7,792 $399,400 $399,400 $0
2015 $7,653 $399,400 $399,400 $0
2014 $7,628 $394,400 $394,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3763992

Garden State MLS

APN: 02-01608-0000-00010-02