NOT LISTED FOR SALE

40 Keats Rd Basking Ridge, NJ 07920

Estimated Value: $1,090,000 - $1,280,042

5 Beds
3.5 Baths
2,049 Sq Ft
$585/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $605,000 $295 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,562/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Formal Dining Room
  • Cedar Hill Elementary School Rated A
  • Den
  • 2 Car Attached Garage

About This Home

As of August 2017

Lovely home with tons of space! Ground level bedroom. Two family rooms on the ground floor along with a fireplace. One level up you will find a large living room and spacious dining room, perfect for entertaining during formal gatherings. The second floor has 3 large bedrooms and 2 full baths. The third level has another bedroom with a small sitting room and another full bathroom. There are hardwood floors throughout most of the home and it sits on almost an acre of property.

Last Agent to Sell the Property

SCOTT SPELKER

COLDWELL BANKER REALTY Listed on: 06/13/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Michele DiBenedetto

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,072

Year Built

  • Built in 1965

Lot Details

  • 0.88

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Electric Baseboard Heater

Additional Features

  • Deck
  • 0.88 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-06201-0000-00004-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,072

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1965
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: POND HILL ROAD TO KEATS
  • I D: 4722831
  • First Name: SCOTT
  • First Name3: MICHELE
  • Last Name: SPELKER
  • Last Name3: DIBENEDETTO
  • Office Phone: 9733774444
  • Office Phone3: 908-464-5200
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, CookGas, Dishwasher, Disposal
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Ground
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Kitchen, Dining Room, LivDinRm
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Laundry Room
  • Ground Level Rooms: Family Room, Powder Room, Foyer, Den
  • Phone: 973-377-4444

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: Blacktop

Utilities

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

Lot Info

  • Lot Size: .88AC
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.88

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12072
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-06201-0000-00004-0000-
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 11, 2017
Sold by
Spurlock Thomas P and Spurlock Kim M
Bought by
Raghavendra Karthik and Raghavendra Resemarie
Seller's Agent
SCOTT SPELKER
COLDWELL BANKER REALTY
Buyer's Agent
Michele DiBenedetto
BHHS FOX & ROACH
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%
Current Estimated Value
$1,197,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,761
Avg. Annual Appreciation
8.58%
Original Mortgage
$484,000
Outstanding Balance
$403,861
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$793,900

Purchase Details

Closed on
May 31, 2001
Sold by
Frase Lawrence
Bought by
Spurlock Thomas and Spurlock Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raghavendra Karthik $605,000 Old Republic Natl Title Ins
Spurlock Thomas $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raghavendra Karthik $484,000
Previous Owner Spurlock Thomas $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $605,000 +1.0% $295 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $599,000 -- $292 / 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 $15,072 $924,200 $427,600 $496,600
2024 $15,072 $847,200 $387,600 $459,600
2023 $14,449 $766,100 $387,600 $378,500
2022 $13,932 $692,800 $377,600 $315,200
2021 $13,591 $644,100 $377,600 $266,500
2020 $13,812 $659,600 $377,600 $282,000
2019 $13,959 $686,300 $386,400 $299,900
2018 $13,107 $653,700 $381,400 $272,300
2017 $12,481 $627,500 $371,400 $256,100
2016 $12,073 $618,800 $371,400 $247,400
2015 $11,682 $609,700 $371,400 $238,300
2014 $11,917 $616,200 $371,400 $244,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3396131

Garden State MLS

APN: 02-06201-0000-00004