NOT LISTED FOR SALE

42 Independence Dr Basking Ridge, NJ 07920

Estimated Value: $1,721,000 - $1,951,000

4 Beds
3.5 Baths
-- Sq Ft
0.46 Acres

Last Sold August 10, 2016

Last sale price $1,375,000

Est. 33% increase in value since last sale

Current estimated payment $12,292/month

62 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Colonial Architecture
  • Mount Prospect Elementary School Rated A
  • Private Pool
  • Conservatory Room

About This Home

As of August 2016

Stunning Center Hall Colonial situated on a premium lot overlooking the fifth hole of NJ National golf course -- 2-story family room with soaring stone fireplace and a wall of windows with Palladian style arches facing the course. Recently renovated kitchen and baths, and wonderful flow plus conservatory make this home the pride of Independence Hill. Beautiful deck with screened gazebo, firepit area, and blue stone patio. From the moment you enter this wonderful home, a gently curved staircase signals an air of warmth and sophistication that continues throughout.

Last Agent to Sell the Property

Marie Young

COLDWELL BANKER REALTY Listed on: 04/14/2016

COLDWELL BANKER REALTY

Co-Listed By

Hope Salamone

COLDWELL BANKER REALTY

Last Buyer's Agent

Maria Tsabrova

REWARDS REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,530

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • On Golf Course
  • Open Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • High Ceiling
  • Skylights
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Library
  • Conservatory Room
  • Storage Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 2702-10201-0000-00013-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,530

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1999
  • Year Built Description: Renovated
  • County Name: Somerset
  • Exclusions: On File
  • Renovated Year: 2015
  • Street Number Display: 42
  • Directions: Allen Road to Independence Hill Left at circle to 42 on Golf Course
  • I D: 4616446
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Independence Hill
  • First Name: MARIE
  • First Name2: HOPE
  • First Name3: MARIA
  • Last Name: YOUNG
  • Last Name2: SALAMONE
  • Last Name3: TSABROVA
  • Office Phone: 908-812-2010
  • Office Phone2: 908-766-0808
  • Office Phone3: 290598
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: OvnWElec, Refrigerator, CookGas, Satellite Dish/Antenna, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: StallShw, Walk-In Closet, Fire Alarm Sys, Security System, Carbon Monoxide Detector, High Ceilings, Skylight
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub, Soaking Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Walkout
  • Basement Level Rooms: Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 26x18
  • Kitchen Level: First
  • Living Room Dim: 16x16
  • Living Room Level: First
  • Other Room 1: Conservatory
  • Other Room1 Dim: 30x14
  • Level 1 Rooms: Family Room, Kitchen, Conservatory, Foyer, Library, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Deck, Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air, 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Exercise Room, Jogging/Biking Path, Kitchen Facilities, Tennis Courts
  • Association Maintenance Fee: 33
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area
  • Home Warranty: Yes

Schools

  • Elementary School: MTPROSPECT
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.46AC
  • Assessed Improvement Value: 883300
  • Assessed Land Value: 449200
  • Assessment: 1332500
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Open Lot, Wooded Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25530
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10201-0000-00013-0000-
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Aug 4, 2016
Sold by
Riesenerger Patricia and Riesenerger John R
Bought by
Karan Kathik and Krishnan Deepa
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Maria Tsabrova
REWARDS REALTY LLC
List Price
$1,419,000
Sold Price
$1,375,000
Premium/Discount to List
-$44,000
-3.1%
Current Estimated Value
$1,830,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,837
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,100,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2007
Sold by
Riesenberger John R and Riesenberger Patricia
Bought by
Riesenberger Patricia

Purchase Details

Closed on
Mar 1, 1999
Sold by
Hill Independence
Bought by
Riesenberger John and Riesenberger Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.76%
Source: Public Records

Range of Values:

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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
Karan Kathik $1,375,000 Monmouth Title Agency Inc
Riesenberger Patricia -- None Available
Riesenberger John $726,828 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karan Karthik $990,000
Previous Owner Karan Kathik $1,100,000
Previous Owner Riosenberger John R $271,700
Previous Owner Riesenberger John $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $1,375,000 -3.1% --
06/15/2016 06/15/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $1,419,000 -- --
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
2024 $27,624 $1,552,800 $418,700 $1,134,100
2023 $27,579 $1,462,300 $418,700 $1,043,600
2022 $26,487 $1,317,100 $418,700 $898,400
2021 $26,967 $1,220,600 $403,000 $817,600
2020 $26,967 $1,287,800 $403,000 $884,800
2019 $27,260 $1,340,200 $403,000 $937,200
2018 $26,253 $1,309,400 $407,800 $901,600
2017 $26,129 $1,313,700 $407,800 $905,900
2016 $24,879 $1,275,200 $403,000 $872,200
2015 $25,531 $1,332,500 $449,200 $883,300
2014 $25,306 $1,308,500 $449,200 $859,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3297932

Garden State MLS

APN: 02-10201-0000-00013