NOT LISTED FOR SALE

361 Grist Mill Dr Basking Ridge, NJ 07920

Estimated Value: $1,448,000 - $1,782,000

5 Beds
3.5 Baths
3,919 Sq Ft
$418/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $1,125,000 $287 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,207/month

67 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Mud Room
  • Liberty Corner Elementary School Rated A
  • Marble Flooring
  • Home Office

About This Home

As of July 2019

Extraordinary Home! Architectural masterpiece! Expanded, full house renovation created dream kitchen and large family room open to rear patio and landscaped gardens. Custom white cabinetry, chef grade appliances & soapstone center island create the ultimate gathering space! Every inch of the home has been renovated including first floor powder room and 3 full 2nd floor baths! Dedicated 2nd floor office and fully organized 2nd floor laundry room with pull out storage. Hardwood floors throughout. Curb appeal is evident with new Hardi plank siding, all new windows, premium paver patio and walkway, newer garage doors which lead to large mud room. Fully finished basement with rec room & abundant storage! New AC unit, furnace & roof! Level lot, prime cul de sac neighborhood, Liberty Corner school & Ridge HS.

Last Agent to Sell the Property

CATHERINE FRATES

BHHS FOX & ROACH Listed on: 05/03/2019

Last Buyer's Agent

D. WENDELL CARPENTER

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,509

Year Built | Renovated

  • 1973 | 2013

Lot Details

  • 0.94 Acre Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Tile

Interior Spaces

  • 3,919 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Partially Finished Basement

  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed

Schools

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Forced Air Heating System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-05203-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,509

Year Built | Renovated

1973 | 2013

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Washer,Dryer, Kitchen Eating Area Chandelier, Curtains
  • Renovated Year: 2013
  • Street Number Display: 361
  • Directions: Mt. Airy to Grist Mill to #361 on left.
  • I D: 4893667
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: CATHERINE
  • First Name3: D. WENDELL
  • Last Name: FRATES
  • Last Name3: CARPENTER
  • Office Phone: 908-580-5000
  • Office Phone3: 908-766-8347
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1973
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Tile, Marble, Vinyl-Linoleum, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: SoakTub, StallShw, Walk-In Closet, StallTub, Fire Extinguisher, Shades, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 12
  • 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, Soaking Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain
  • Basement Level Rooms: Utility Room, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 18x20
  • Kitchen Level: First
  • Living Room Dim: 15x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 11x14
  • Other Room1 Level: Second
  • Other Room 2: Office
  • Other Room2 Dim: 10x10
  • Other Room2 Level: Second
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 7x17
  • Other Room3 Level: Second
  • Other Room 4: MudRoom
  • Other Room4 Dim: 7x10
  • Other Room4 Level: First
  • Level 1 Rooms: MudRoom, Foyer, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, Office, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3919
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: ConcBrd
  • Exterior Features: Storage Shed, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

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: .94AC
  • Assessed Improvement Value: 759000
  • Assessed Land Value: 387600
  • Assessment: 1146600
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.94

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 20509
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-05203-0000-00011-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 31, 2019
Sold by
Bliss Criag and Bliss Laura
Bought by
Baig Arti and Baig Arif
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
D. WENDELL CARPENTER
COLDWELL BANKER REALTY
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Total Days on Market
67
Current Estimated Value
$1,639,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,332
Avg. Annual Appreciation
6.39%
Original Mortgage
$787,500
Outstanding Balance
$704,236
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$911,372

Purchase Details

Closed on
Oct 16, 2002
Sold by
Perrow Wendy
Bought by
Bliss Craig and Bliss Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.09%

Purchase Details

Closed on
Jul 19, 2000
Sold by
Chiappetti Mario
Bought by
Perrow Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
8.1%
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 Buyer Sale Price Title Company
Baig Arti $1,125,000 None Available
Bliss Craig $774,650 --
Perrow Wendy $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baig Arti $787,500
Previous Owner Bliss Craig $260,000
Previous Owner Bliss Craig $262,814
Previous Owner Bliss Laura $200,000
Previous Owner Bliss Craig $295,000
Previous Owner Perrow Wendy $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $1,125,000 -6.3% $287 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $1,200,000 -- $306 / 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
2024 $24,047 $1,351,700 $388,800 $962,900
2023 $24,301 $1,288,500 $388,800 $899,700
2022 $23,118 $1,149,600 $368,800 $780,800
2021 $22,244 $1,054,200 $368,800 $685,400
2020 $22,787 $1,088,200 $368,800 $719,400
2019 $23,322 $1,146,600 $387,600 $759,000
2018 $20,509 $1,022,900 $407,600 $615,300
2017 $20,530 $1,032,200 $407,600 $624,600
2016 $20,388 $1,045,000 $412,600 $632,400
2015 $20,166 $1,052,500 $412,600 $639,900
2014 $19,986 $834,500 $412,600 $421,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3553569

Garden State MLS

APN: 02-05203-0000-00011