$100,000
SOLD SEP 28, 2016

3304 Balsam Way Unit 3304 Basking Ridge, NJ 07920

1 Bed
1 Bath
-- Sq Ft
$72/mo HOA Fee

Recently Sold

5% Below List Price

11 Days on Market

Highlights

  • Indoor Pool
  • Clubhouse
  • Thermal Windows
  • Liberty Corner Elementary School Rated A
  • Tennis Courts
  • Walk-In Closet

About This Home

As of May 2019

Ground level 1 bedroom and 1 bath unit in The Cedars. Kitchen features custom breakfast bar and stackable washer/dryer, and there is a large living/dining combo area. Bedroom features full bath and custom California unit in walk-in closet. Features laminate flooring throughout. Slider leads to patio to enjoy on summer nights or cool off inside with central air conditioning and ceiling fan. Enjoy amenities of The Cedars that includes tennis courts, a new tot lot, swimming pool and clubhouse. Beautiful views and in close proximity to Pleasant Valley Park, the train station and Routes 287 and 78.

Last Agent to Sell the Property

Walter Klim

RE/MAX RESULTS REALTY Listed on: 07/22/2016

RE/MAX RESULTS REALTY

Last Buyer's Agent

GERALD P. LIGHT

BHHS FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1992

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Wood Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Family or Dining Combination
  • Laminate Flooring
  • Exterior Basement Entry

Kitchen

  • Gas Oven or Range
  • <<microwave>>

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Indoor Pool
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09001-0000-00033-0011-CONDO
  • Tax Block *

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,395

Year Built

Built in 1992

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1992
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 3304
  • Directions: Valley Road to The Cedars Entrance. Right on Arbor Circle. Left onto Balsam Way.
  • I D: 4644853
  • Modified: 2021-09-23
  • Number Images: 9
  • Section Subdiv Development: The Cedars
  • First Name: WALTER
  • First Name3: GERALD P.
  • Last Name: KLIM
  • Last Name3: LIGHT
  • Office Phone: 908-237-0055
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Stackable Washer/Dryer, Microwave Oven
  • Interior Amenities: TubShowr, Walk-In Closet, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 3
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Galley Type
  • Ground Level Rooms: 1 Bedroom, Kitchen, Outside Entrance, Bath Main, LivDinRm
  • Phone: 908-237-0055

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Thermal Windows/Doors, Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Indoor, Tennis Courts
  • Association Maintenance Fee: 72
  • Association Maintenance Fee Frequency: Monthly

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: 100100
  • Assessed Land Value: 24900
  • Assessment: 125000
  • Lot Description: Level Lot
  • Lot Identifier: 33.11
  • Lot I D Tax: *
  • Zoning: Residential

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 2395
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09001-0000-00033-0011-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
May 1, 2019
Sold by
Franco Brianna
Bought by
Malloy Brian
Seller's Agent
Nicole Weaver
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Nicole Weaver
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Current Estimated Value
$213,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,807
Avg. Annual Appreciation
8.49%
Original Mortgage
$0
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 22, 2016
Closed on
Sep 27, 2016
Sold by
Mccapffrey Rachel J
Bought by
Franco Brianna
Seller's Agent
Walter Klim
RE/MAX RESULTS REALTY
Buyer's Agent
GERALD P. LIGHT
BHHS FOX & ROACH
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$80,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Horsey Jennifer E
Bought by
Mccaffrey Rachel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.21%
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 Type Sale Price Title Company
Deed $115,000 Sunnyside Title Agency
Deed $100,000 Sage Title & Settlement Svcs
Bargain Sale Deed $108,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Unknown
Open $110,000 New Conventional
Previous Owner $80,000 New Conventional
Previous Owner $6,628 Unknown
Previous Owner $97,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2019 05/02/19 Sold $115,000 -4.2% --
03/12/2019 03/12/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $120,000 +20.0% --
09/28/2016 09/28/16 Sold $100,000 -4.7% --
08/02/2016 08/02/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $104,900 -- --
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 $3,284 $184,600 $24,900 $159,700
2023 $3,304 $175,200 $24,900 $150,300
2022 $3,177 $158,000 $24,900 $133,100
2021 $2,427 $115,000 $24,900 $90,100
2020 $2,264 $108,100 $24,900 $83,200
2019 $2,034 $100,000 $24,900 $75,100
2018 $2,005 $100,000 $24,900 $75,100
2017 $1,989 $100,000 $24,900 $75,100
2016 $2,439 $125,000 $24,900 $100,100
2015 $2,395 $125,000 $24,900 $100,100
2014 $2,418 $125,000 $24,900 $100,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3324407

Garden State MLS

APN: 02-09001-0000-00033-11-CONDO