$1,125,000
SOLD AUG 1, 2024

32 Honeyman Rd Basking Ridge, NJ 07920

4 Beds
3 Baths
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

2% Above List Price

26 Days on Market

About This Home

As of August 2024

This home is located at 32 Honeyman Rd, Basking Ridge, NJ 07920 and is currently priced at $1,125,000. This property was built in 1998. 32 Honeyman Rd 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

RICHA JAIN

BH & G REAL ESTATE MATURO Brokerage Phone: 732-240-1228 Listed on: 05/20/2024

Last Buyer's Agent

KUSHAL SHAH

RE/MAX INSTYLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,061

Year Built

  • Built in 1998

Lot Details

  • 6,534 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,061

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Somerset
  • Street Number Display: 32
  • I D: 5289403
  • Modified: 2024-08-01
  • Number Images: 1
  • Attribution Contact: 732-240-1228
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.15AC
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 31, 2024
Sold by
Sharma Anil and Sharma Usha
Bought by
Kotturu Pratyush and Yeluri Pranitha
Seller's Agent
RICHA JAIN
BETTER HOMES&GARDENS RE MATURO
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Views
58
Current Estimated Value
$1,137,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,035
Avg. Annual Appreciation
1.22%
Original Mortgage
$900,000
Outstanding Balance
$893,702
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$243,333

Purchase Details

Listed on
Aug 15, 2014
Closed on
Aug 1, 2014
Sold by
Chin Albert A
Bought by
Sharma Usha and Sharma Anil
Seller's Agent
GEORGINA GOH
WEICHERT REALTORS
Buyer's Agent
GERALD P. LIGHT
BHHS FOX & ROACH
Sold Price
$851,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$638,250
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2008
Sold by
Zhang Zhihua and Zhang Zhen
Bought by
Chin Albert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1998
Sold by
Pulte Home
Bought by
Zhang Zhihua and Zhang Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,750
Interest Rate
6.9%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,125,000 Providence Abstract
Bargain Sale Deed $851,000 Fidelity Natl Title Ins Co
Deed $700,000 Multiple
Deed $359,725 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $531,195 New Conventional
Previous Owner $638,250 Adjustable Rate Mortgage/ARM
Previous Owner $308,000 Unknown
Previous Owner $127,500 Credit Line Revolving
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $323,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,125,000 0.0% --
08/01/2024 08/01/24 Sold $1,125,000 +2.3% $447 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $1,100,000 0.0% $437 / Sq Ft
05/23/2024 05/23/24 For Sale $1,100,000 0.0% --
05/22/2024 05/22/24 Price Changed $1,100,000 +29.3% --
08/15/2014 08/15/14 Sold $851,000 -- --
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
2024 $16,061 $902,800 $276,400 $626,400
2023 $16,644 $882,500 $276,400 $606,100
2022 $16,388 $814,900 $276,400 $538,500
2021 $16,268 $771,000 $279,600 $491,400
2020 $15,831 $756,000 $279,600 $476,400
2019 $15,483 $761,200 $279,600 $481,600
2018 $15,585 $777,300 $279,600 $497,700
2017 $15,405 $774,500 $279,600 $494,900
2016 $15,413 $790,000 $289,600 $500,400
2015 $14,753 $770,000 $289,600 $480,400
2014 $14,002 $724,000 $289,600 $434,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3903228

Garden State MLS

APN: 02-10704-0000-00017