NOT LISTED FOR SALE

41 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $415,307 - $443,000

2 Beds
1 Bath
-- Sq Ft
$358/mo HOA Fee

Last Sold December 15, 2016

Last sale price $254,000

Est. 67% increase in value since last sale

Current estimated payment $3,102/month

7 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Jogging Path
  • Cedar Hill Elementary School Rated A
  • Deck
  • Formal Dining Room

About This Home

As of December 2016

Bright and airy condo in the desirable Spring Ridge community. Ground level, one floor unit with open floor plan and updated kitchen with wood cabinets and granite counters. Deck overlooks courtyard. Residents of the Spring Ridge community enjoy numerous amenities including a playground, tennis courts, club house, jogging and bicycle paths, and a large in-ground pool. The location offers convenient access to restaurants, shopping, highways and public transportation.

Last Agent to Sell the Property

CHARLES J. HENDERSHOT

KL SOTHEBY'S INT'L. REALTY Listed on: 10/19/2016

Last Buyer's Agent

ELIZABETH PARCELLS

BHHS FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1986

Lot Details

  • 436

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-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Porch

Schools

  • Liberty C 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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00037-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include snow removal, trash collection, maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,330

Year Built

Built in 1986

Lot Details

0

HOA Fees

$358 per month

Parking

1

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 41
  • Directions: King George to Spring Valley. First right onto Commonwealth.
  • I D: 4664797
  • Modified: 2021-09-23
  • Number Images: 12
  • Section Subdiv Development: Spring Ridge
  • First Name: CHARLES J.
  • First Name3: ELIZABETH
  • Last Name: HENDERSHOT
  • Last Name3: PARCELLS
  • Office Phone3: 908-273-0400
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Floor Number: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave Oven
  • Interior Amenities: Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 19x12
  • Living Room Level: First
  • Level 1 Rooms: Porch, 2 Bedrooms, Kitchen, Laundry Room, Foyer, Dining Room, Living Room, Bath Main
  • Phone: 908-280-0115

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Tennis Courts, Storm Door(s)
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 358
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Assessed Improvement Value: 99600
  • Assessed Land Value: 123000
  • Assessment: 222600
  • Easement: Unknown
  • Lot Identifier: 37
  • Lot I D Tax: *
  • Zoning: R5

Rental Info

  • Application Fee: 1074
  • Pets Allowed: Restrictions

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4330
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08603-0000-00037-0000-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Dec 8, 2016
Sold by
Oleksy Albert J
Bought by
Hodge Janna
Seller's Agent
CHARLES J. HENDERSHOT
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ELIZABETH PARCELLS
BHHS FOX & ROACH
List Price
$253,000
Sold Price
$254,000
Premium/Discount to List
$1,000
0.4%
Current Estimated Value
$424,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,577
Avg. Annual Appreciation
6.01%
Original Mortgage
$214,000
Outstanding Balance
$173,067
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$251,510

Purchase Details

Closed on
Mar 20, 2007
Sold by
Murphy Timothy J
Bought by
Oleksky Albert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.33%

Purchase Details

Closed on
Jul 23, 1999
Sold by
Verni Mary
Bought by
Chirriaco Caren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.54%
Source: Public Records

Range of Values:

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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
Hodge Janna $254,000 Associated Title
Oleksky Albert J $280,000 --
Chirriaco Caren $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Janna $214,000
Previous Owner Oleksky Albert J $224,000
Previous Owner Chirriaco Caren $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $254,000 +0.4% --
10/26/2016 10/26/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $253,000 -- --
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 $5,917 $368,700 $140,000 $228,700
2024 $5,917 $332,600 $124,000 $208,600
2023 $5,720 $303,300 $124,000 $179,300
2022 $5,438 $270,400 $120,000 $150,400
2021 $5,123 $252,800 $120,000 $132,800
2020 $5,091 $243,100 $115,000 $128,100
2019 $4,902 $241,000 $125,000 $116,000
2018 $4,856 $242,200 $123,000 $119,200
2017 $4,674 $235,000 $123,000 $112,000
2016 $4,343 $222,600 $123,000 $99,600
2015 $4,330 $226,000 $120,000 $106,000
2014 $4,270 $220,800 $120,000 $100,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    CHARLES J. HENDERSHOT

    KL SOTHEBY'S INT'L. REALTY

  • E

    Buyer's Agent in 2016

    ELIZABETH PARCELLS

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3343742

Garden State MLS

APN: 02-08603-0000-00037-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

41 Commonwealth Dr, Basking Ridge, NJ

This home is located at 41 Commonwealth Dr, Basking Ridge, NJ 07920 since 19 October 2016 and is currently estimated at $424,577. This property was built in 1986. 41 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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