Seller's Agent in 2019
Hope Salamone
COLDWELL BANKER REALTY
(908) 693-4711
1 in this area
4 Total Sales
42 Old Farm Rd Basking Ridge, NJ 07920
Estimated Value: $1,909,560 - $2,541,000
5
Beds
4
Baths
4,577
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- Horse Facilities
- Barn or Stable
- Sitting Area In Primary Bedroom
- Oak Street Elementary School Rated A
- Heated In Ground Pool
- Custom Home
About This Home
As of June 2019Situated within a beautifully tranquil 3.2 acre setting, with timeless design, luxury appointments, and convenience to all, this home is simply captivating. Mature trees and specimen plantings are a warm welcome to this gracious estate. An elegant and inviting foyer opens to sun-drenched rooms,on trend palettes of color, beautiful millwork, and just the right blend of old world charm with 21st century amenities. With renovations completed in 2018, the chef's kitchen is the heart of the home, with a wood burning/gas fireplace, shaker style cabinetry, Quartzite countertops, soaring ceiling height with separate breakfast area, and the prettiest view to the rear gardens, pool, barn/studio with electricity and running water. Then there is the spa-quality master suite retreat you'll never want to leave!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,736
Year Renovated
- 2017
Lot Details
- 3.21 Acre Lot
- Wood Fence
- Level Lot
- Open Lot
- Wooded Lot
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
- Shared Driveway
- Additional Parking
Home Design
- Custom Home
- Colonial Architecture
- Siding
- Composite Building Materials
- Clapboard
- Tile
Interior Spaces
- Wet Bar
- Dry Bar
- Cathedral Ceiling
- Skylights
- Wood Burning Fireplace
- Gas Fireplace
- Thermal Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Family Room with entrance to outdoor space
- Living Room
- Formal Dining Room
- Recreation Room
- Game Room
- Storage Room
- Home Gym
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Butlers Pantry
- Electric Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Instant Hot Water
- Fireplace in Kitchen
Flooring
- Wood
- Stone
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Dressing Area
- 4 Full Bathrooms
- Jetted Tub in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Gunite Pool
Schools
- Oak St Elementary School
- W Annin Middle School
- Ridge High School
Horse Facilities and Amenities
- Barn or Stable
Utilities
- Forced Air Heating and Cooling System
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
- Heating System Uses Oil Below Ground
- Standard Electricity
- Well
- Gas Water Heater
- Water Softener is Owned
- Septic System
Community Details
- Horse Facilities
Listing and Financial Details
- Assessor Parcel Number 2702-00302-0000-00006-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2019
Closed on
Jun 21, 2019
Sold by
Falduto Douglas E and Falduto Megan P
Bought by
Brooks Samuel R and Brooks Patricia A
Seller's Agent
Hope Salamone
COLDWELL BANKER REALTY
Buyer's Agent
DEAN SCALFANI
RE/MAX TOWN & VALLEY II
List Price
$1,585,000
Sold Price
$1,500,000
Premium/Discount to List
-$85,000
-5.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,708
Avg. Annual Appreciation
4.95%
Original Mortgage
$1,000,000
Outstanding Balance
$888,429
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,131,783
Purchase Details
Listed on
Sep 17, 2014
Closed on
Sep 17, 2014
Sold by
Schreur Jan and Straten Karin Simone Van Der
Bought by
Falduto Douglas E and Falduto Megan P
Seller's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Hope Salamone
COLDWELL BANKER REALTY
Sold Price
$1,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$725,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 4, 2010
Sold by
Sigafoos William Lee and Sigafoos Clarissa Halliday
Bought by
Schreur Jan and Van Der Straten Karin Simone
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5.03%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brooks Samuel R | $1,500,000 | Old Republic Natl Ttl Ins Co | |
| Falduto Douglas E | $1,400,000 | None Available | |
| Schreur Jan | $1,300,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brooks Samuel R | $1,000,000 | |
| Previous Owner | Falduto Douglas E | $725,000 | |
| Previous Owner | Schreur Jan | $729,750 | |
| Previous Owner | Sigafoos William L | $261,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2019 06/21/19 | Sold | $1,500,000 | -5.4% | $328 / Sq Ft |
| 03/22/2019 03/22/19 | Pending | -- | -- | -- |
| 01/31/2019 01/31/19 | For Sale | $1,585,000 | +13.2% | $346 / Sq Ft |
| 09/17/2014 09/17/14 | Sold | $1,400,000 | -- | $306 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $29,983 | $1,685,400 | $471,500 | $1,213,900 |
| 2023 | $29,242 | $1,550,500 | $457,200 | $1,093,300 |
| 2022 | $30,344 | $1,508,900 | $457,200 | $1,051,700 |
| 2021 | $31,338 | $1,485,200 | $447,700 | $1,037,500 |
| 2020 | $30,112 | $1,438,000 | $447,700 | $990,300 |
| 2019 | $30,262 | $1,487,800 | $447,700 | $1,040,100 |
| 2018 | $29,736 | $1,483,100 | $443,000 | $1,040,100 |
| 2017 | $26,122 | $1,313,300 | $443,000 | $870,300 |
| 2016 | $25,825 | $1,323,700 | $443,000 | $880,700 |
| 2015 | $25,770 | $1,345,000 | $458,200 | $886,800 |
| 2014 | $24,332 | $1,258,100 | $434,100 | $824,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2019
Marie Young
COLDWELL BANKER REALTY
(908) 938-2525
117 in this area
153 Total Sales
-
Buyer's Agent in 2019
DEAN SCALFANI
RE/MAX
3 Total Sales
-
S
Seller's Agent in 2014
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Map
Source: Garden State MLS
MLS Number: 3528892
APN: 02-00302-0000-00006
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