$890,000
SOLD JUN 15, 2012

40 Melbourne Way Basking Ridge, NJ 07920

5 Beds
4 Baths
-- Sq Ft
0.97 Acres

Recently Sold

0 Day on Market

About This Home

As of August 2018

This home is located at 40 Melbourne Way, Basking Ridge, NJ 07920 and is currently priced at $890,000. 40 Melbourne Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Roxanne Formisano

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 06/15/2012

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

WILLIAM ROLLER

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,740

Lot Details

  • 0.97 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,740

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 40
  • I D: 4204707
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .97AC
  • Total Acres: 0.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Aug 17, 2018
Sold by
Lee Pom S and Luo Allison
Bought by
Johnston Adam K and Johnston Laura E
Seller's Agent
CAMILLE CRONIN
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
CLAIRE SHADOOD
RE/MAX PINNACLE
List Price
$975,000
Sold Price
$875,000
Premium/Discount to List
-$100,000
-10.26%
Current Estimated Value
$1,482,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,433
Avg. Annual Appreciation
7.72%
Original Mortgage
$700,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jun 12, 2012
Sold by
Callahan Michael and Callahan Laura
Bought by
Lee Pom S and Lee L
Seller's Agent
Roxanne Formisano
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
WILLIAM ROLLER
KL SOTHEBY'S INT'L. REALTY
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jun 11, 2012
Sold by
Callahan Michael and Callahan Laura
Bought by
Lee Pom S and Allison Luo
Seller's Agent
Roxanne Formisano
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
WILLIAM ROLLER
KL SOTHEBY'S INT'L. REALTY
Sold Price
$890,000

Purchase Details

Closed on
Jun 17, 1998
Sold by
Mitchell Michael B
Bought by
Callahan Michael and Callahan Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.09%

Purchase Details

Closed on
Sep 29, 1993
Sold by
Groody Edward
Bought by
Mitchell Michael and Kathleen Mitchell F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $875,000 Zinn Title Agency Llc
Deed $890,000 --
Deed $890,000 --
Deed $409,000 --
Deed $385,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $320,000 No Value Available
Previous Owner $349,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $875,000 -10.3% $256 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $975,000 +9.6% $285 / Sq Ft
06/15/2012 06/15/12 Sold $890,000 -- --
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 $20,740 $1,298,500 $439,400 $859,100
2024 $20,740 $1,165,800 $374,400 $791,400
2023 $20,431 $1,083,300 $364,400 $718,900
2022 $19,058 $947,700 $364,400 $583,300
2021 $18,439 $873,900 $364,400 $509,500
2020 $17,967 $858,000 $364,400 $493,600
2019 $17,783 $874,300 $374,100 $500,200
2018 $17,838 $889,700 $383,800 $505,900
2017 $18,382 $924,200 $383,800 $540,400
2016 $18,357 $940,900 $393,800 $547,100
2015 $18,859 $984,300 $398,800 $585,500
2014 $17,704 $915,400 $388,800 $526,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    CAMILLE CRONIN

    KELLER WILLIAMS TOWNE SQUARE REAL

  • CLAIRE SHADOOD

    Buyer's Agent in 2018

    CLAIRE SHADOOD

    RE/MAX

    (908) 306-9600

    6 in this area

    34 Total Sales

    CLAIRE SHADOOD
    Section Image
  • Roxanne Formisano

    Seller's Agent in 2012

    Roxanne Formisano

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 507-0037

    28 in this area

    60 Total Sales

    Roxanne Formisano
    Section Image

  • W

    Buyer's Agent in 2012

    WILLIAM ROLLER

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 2915053

Garden State MLS

APN: 02-04901-0000-00008

New Jersey Somerset County Basking Ridge 07920

40 Melbourne Way, Basking Ridge, NJ

This home is located at 40 Melbourne Way, Basking Ridge, NJ 07920 and is currently priced at $890,000. 40 Melbourne Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

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