$785,000
SOLD FEB 22, 2021

371 Mount Airy Rd Basking Ridge, NJ 07920

4 Beds
3.5 Baths
3,276 Sq Ft
0.61 Acres

Recently Sold

$240 Per Sq Ft

1% Above List Price

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Cathedral Ceiling
  • Home Gym
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Workshop

About This Home

As of February 2021

Dream Home! You'll feel right at HOME the minute that you walk into this IMPECCABLE CAPE! Filled with sunlight. You'll be AMAZED by how EXTENSIVE this home is on the inside. This picture-perfect Cape was COMPLETELY RENOVATED to perfection in 2018 from top to bottom, exterior and interior, with a new, open, functional layout, larger rooms, & custom modern upgrades. Built with high-quality amenities, finishing, & incredible attention to detail, to offer a modern & elegant style. Walk into the marvelous dark Mahogany Wood floors on the first floor, and gorgeous Farm Style wood floors on the second, to large custom-built closets, soaking tubs, stand showers, an amazing double vanity in the main bathroom, & so much more! All NEW! EZ NYC COMMUTE. MINS to NYC TRAIN, BUS & major highways.

Last Agent to Sell the Property

Andreia Melnikoff

UNITED REAL ESTATE Listed on: 12/01/2020

UNITED REAL ESTATE

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,476

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 0.61 Acre Lot
  • Level Lot

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • 3,276 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-04104-0000-00019-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,476

Year Built

Built in 1935 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1935
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Renovated Year: 2018
  • Street Number Display: 371
  • Directions: From Ctr. of Bernardsville or Exit 26 Rt 287
  • I D: 5035115
  • Modified: 2022-02-23
  • Number Images: 25
  • Section Subdiv Development: Basking Ridge
  • First Name: ANDREIA F.
  • First Name3: MICHELLE
  • Last Name: MELNIKOFF
  • Last Name3: PAIS
  • Office Phone: 9737688124
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Smoke Detector, SoakTub, StallTub
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, Family Room, Laundry Room, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 20x18
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 25x12
  • Other Room1 Level: Basement
  • Other Room 2: GreenHse
  • Other Room2 Dim: 8x8
  • Other Room2 Level: Ground
  • Other Room 3: Utility Room
  • Other Room3 Dim: 12x10
  • Other Room3 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Breakfast Room, Dining Room, Family Room, GarEnter, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3276
  • Phone: 973-696-0077

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Outbuilding(s), Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Finished Garage, Garage Door Opener, Loft Storage, Pull Down Stairs
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

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

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: .61AC
  • Assessed Improvement Value: 338600
  • Assessed Land Value: 300000
  • Assessment: 638600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 19
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.61

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9476
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-04104-0000-00019-0000-
  • 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: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 18, 2021
Sold by
Living The Dream Holding Llc
Bought by
Chio Laura and Ip Nicholas Jun
Seller's Agent
Andreia Melnikoff
UNITED REAL ESTATE
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$774,880
Sold Price
$785,000
Premium/Discount to List
$10,120
1.31%
Current Estimated Value
$1,232,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,931
Avg. Annual Appreciation
10.43%
Original Mortgage
$485,000
Outstanding Balance
$434,768
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$798,163

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 8, 2021
Sold by
Living The Dream Holding Llc
Bought by
Chio Laura and Ip Nicholas Jun
Seller's Agent
Andreia Melnikoff
UNITED REAL ESTATE
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$774,880
Sold Price
$785,000
Premium/Discount to List
$10,120
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$434,768
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$798,163

Purchase Details

Listed on
Mar 27, 2017
Closed on
May 30, 2017
Sold by
Fannie Mae
Bought by
Living The Dream Holding Llc
Seller's Agent
DONNELL WILLIAMS
DESTINY REALTY
Buyer's Agent
DONNELL WILLIAMS
DESTINY REALTY
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.19%

Purchase Details

Closed on
Jan 16, 2017
Sold by
Dickey James R
Bought by
Federal National Mortgage Association
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 $785,000 Catic Title Insurance Co
Deed $785,000 Land Title Services
Deed $410,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,000 New Conventional
Closed $485,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $10,000 Unknown
Previous Owner $787,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $785,000 +1.3% $240 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/09/2020 12/09/20 Price Changed $774,888 0.0% $237 / Sq Ft
12/01/2020 12/01/20 For Sale $774,880 +89.0% $237 / Sq Ft
06/13/2017 06/13/17 Sold $410,000 0.0% $362 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $410,000 -- $362 / 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 $15,650 $966,700 $376,500 $590,200
2024 $15,650 $879,700 $349,500 $530,200
2023 $14,805 $785,000 $327,000 $458,000
2022 $15,044 $748,100 $313,500 $434,600
2021 $15,219 $721,300 $300,000 $421,300
2020 $13,372 $638,600 $300,000 $338,600
2019 $9,476 $465,900 $300,000 $165,900
2018 $9,251 $461,400 $295,500 $165,900
2017 $9,380 $471,600 $295,500 $176,100
2016 $9,441 $483,900 $304,500 $179,400
2015 $9,272 $483,900 $304,500 $179,400
2014 $9,324 $482,100 $300,000 $182,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3681074

Garden State MLS

APN: 02-04104-0000-00019