NOT LISTED FOR SALE

425 King George Rd Basking Ridge, NJ 07920

Estimated Value: $967,000 - $1,108,000

4 Beds
2.5 Baths
2,532 Sq Ft
$413/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2020

Last sale price $660,000 $261 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,838 / mo

39 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Recreation Room
  • Jetted Tub in Primary Bathroom

About This Home

As of June 2020

Charming cozy 4 Bedrm Colonial w 2 story foyer & high ceilings throughout. Custom Kitchen w granite countertops, large center island, SS appl, new dishwasher. Spacious family rm offers gas fireplace. Hardwood floors on the first level. 4 large bedrooms on 2nd floor. Master bedroom has walk in closet and ensuite master bath. All bedrooms have custom organizers, recessed lighting and ceiling fans. Finished Basement with great room, rec room and plenty of storage. The trek deck overlooks a private backyard with an additional patio. Garage is equipped with EV charger. Walking distance to shopping, restaurant and park. New York bus stop is a few steps away. Close to Highways, NJ transit. Blue ribbon schools

Last Agent to Sell the Property

VIJAYALAKHMI VENKATESH

WEICHERT REALTORS Listed on: 04/09/2020

Last Buyer's Agent

Gregory Asch

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,393

Year Built

  • Built in 2010

Lot Details

  • 18,731 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,532 Sq Ft Home
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Area
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-08501-0000-00038-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,393

Year Built

Built in 2010

Lot Details

0.43 Acres

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2010
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: NEST System, Curtains, Ring bell
  • Directions: Stone House Rd to King George Rd
  • I D: 4974856
  • First Name: VIJAYALAKHMI
  • First Name3: GREGORY
  • Last Name: VENKATESH
  • Last Name3: ASCH
  • Office Phone3: 908-522-9444
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Great Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 14x15
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Level 1 Rooms: Breakfast Room, Family Room, Foyer, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 2532
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Deck, Patio, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: .43AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.43

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: 13393
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08501-0000-00038-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jun 10, 2020
Sold by
Sathe Nikhil P and Hedge Renuka
Bought by
Bhamidipaty Srinivas and Bhamidipaty Soumya
Seller's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
Buyer's Agent
Gregory Asch
RE/MAX ACHIEVERS
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%
Current Estimated Value
$1,045,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,457
Avg. Annual Appreciation
8.11%
Original Mortgage
$510,000
Outstanding Balance
$452,076
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$593,381

Purchase Details

Listed on
Aug 7, 2015
Closed on
Aug 6, 2015
Sold by
Rogers Marvin and Benjamin Rogers Andrea
Bought by
Sathe Nikil R and Hegde Renuka
Seller's Agent
Irene Trokan
RE/MAX SELECT
Buyer's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
Sold Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 21, 2013
Closed on
Jun 19, 2013
Sold by
Zhu Zhong Mei
Bought by
Roges Marvin and Benjamin Rogers Andrea
Seller's Agent
MINDY ZHANG
REALMART REALTY
Buyer's Agent
Michelle Reedy
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$496,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Crown Court Developers Llc
Bought by
Zhu Zhong Mei
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bhamidipaty Srinivas $660,000 Old Republic Title
Sathe Nikil R $645,000 Attorney
Roges Marvin $620,000 Multiple
Zhu Zhong Mei $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhamidipaty Srinivas $510,000
Previous Owner Sathe Nikil R $548,250
Previous Owner Roges Marvin $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $660,000 -5.7% $261 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $699,900 +8.5% $276 / Sq Ft
08/07/2015 08/07/15 Sold $645,000 +4.0% -- View Prior Sale
06/21/2013 06/21/13 Sold $620,000 -- -- View Prior Sale
Source: Garden State MLS

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 $15,079 $896,200 $260,000 $636,200
2024 $14,626 $847,600 $244,000 $603,600
2023 $14,626 $775,500 $244,000 $531,500
2022 $13,307 $661,700 $244,000 $417,700
2021 $13,403 $635,200 $236,000 $399,200
2020 $13,456 $642,600 $236,000 $406,600
2019 $13,394 $658,500 $236,000 $422,500
2018 $13,035 $650,100 $232,000 $418,100
2017 $12,328 $619,800 $228,000 $391,800
2016 $11,934 $611,700 $228,000 $383,700
2015 $11,690 $610,100 $228,000 $382,100
2014 $11,577 $598,600 $228,000 $370,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3627330

Garden State MLS

APN: 02-08501-0000-00038

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