NOT LISTED FOR SALE

4 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $419,000 - $455,000

2 Beds
2 Baths
1,033 Sq Ft
$358/mo HOA Fee

Last Sold August 23, 2016

Last sale price $270,000 $261 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,267/month

29 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • L-Shaped Dining Room
  • Cedar Hill Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of August 2016

Essex I Model/Colonial Williamsburg-style Penthouse Condominium/Washington Village.Windows 2009/ Patio Door 2010. Well-maintained. Eat-in kitchen/ hi-lighting/ chair rail / raised-panel oak cabinetry. Water Heater 2013. Ceiling fan / Master Bedroom. Stall Shower / Master Bath. No dogs allowed in complex. 326-acre well-maintained complex bordering over 100 acres of undisturbed land.

Last Agent to Sell the Property

HEATHER ODONNELL

WEICHERT REALTORS Listed on: 05/25/2016

Last Buyer's Agent

ALMA AGUAYO

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,772

Year Built

  • Built in 1986

Lot Details

  • 479

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,033 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00004-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, maintenance-common area
  • $37 Other Monthly Fees

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,772

Year Built

Built in 1986

Lot Details

0

HOA Fees

$358 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 4
  • Directions: King George Road to Spring Ridge entrance (Spring Valley Blvd) to 1st right at Commonwealth
  • I D: 4624784
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Spring Ridge
  • First Name: HEATHER
  • First Name3: ALMA
  • Last Name: ODONNELL
  • Last Name3: AGUAYO
  • Office Phone: 908-212-6015
  • Office Phone3: 908-766-7500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Range/Oven-Electric, Refrigerator, Dishwasher, Self Cleaning Oven, Stackable Washer/Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Partial
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: Second
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: Second
  • Living Room Dim: 19x12
  • Living Room Level: Second
  • Other Room 1: Storage Room
  • Other Room1 Dim: 24x24
  • Other Room1 Level: Basement
  • Other Room 2: Bathroom
  • Other Room2 Dim: 6x5
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Dim: 6x5
  • Other Room3 Level: Second
  • Other Room 4: Foyer
  • Other Room4 Dim: 6x5
  • Other Room4 Level: Second
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Laundry Room, Foyer, Dining Room, Living Room, Bath Main
  • Estimated Sq Ft: 1033
  • Phone: 908-781-1000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop, Common

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground
  • Water: Association, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 358
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 440

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: Common Area
  • Assessed Improvement Value: 129100
  • Assessed Land Value: 120000
  • Assessment: 249100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Zoning: Condominium

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4772
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08603-0000-00004-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Aug 16, 2016
Sold by
Gallagher Regina
Bought by
Stallone Rosemary E
Seller's Agent
HEATHER ODONNELL
WEICHERT REALTORS
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Current Estimated Value
$444,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,227
Avg. Annual Appreciation
5.62%
Original Mortgage
$202,500
Outstanding Balance
$161,258
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$282,969
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
Stallone Rosemary E $270,000 Old Republic Natl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stallone Rosemary E $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $270,000 -5.3% $261 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $285,000 -- $276 / 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 $6,653 $426,400 $140,000 $286,400
2024 $6,653 $374,000 $124,000 $250,000
2023 $6,282 $333,100 $124,000 $209,100
2022 $5,983 $297,500 $120,000 $177,500
2021 $5,364 $254,200 $120,000 $134,200
2020 $5,111 $244,100 $115,000 $129,100
2019 $5,036 $247,600 $125,000 $122,600
2018 $5,049 $251,800 $123,000 $128,800
2017 $5,072 $255,000 $123,000 $132,000
2016 $4,889 $250,600 $123,000 $127,600
2015 $4,773 $249,100 $120,000 $129,100
2014 $4,702 $243,100 $120,000 $123,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3309800

Garden State MLS

APN: 02-08603-0000-00004-0000-CONDO