$296,000
SOLD MAY 21, 2021

43 Commonwealth Dr Basking Ridge, NJ 07920

2 Beds
1 Bath
-- Sq Ft
$399/mo HOA Fee

Recently Sold

2% Above List Price

6 Days on Market

Highlights

  • Private Pool
  • Deck
  • 1 Car Detached Garage
  • Cedar Hill Elementary School Rated A
  • Formal Dining Room
  • Cul-De-Sac

About This Home

As of May 2021

Lovely end unit, first floor, one level, spacious rooms and closets, private deck off living room, huge basement storage room with windows, detached garage. Excellent location. Cats only permitted

Last Agent to Sell the Property

MICHAEL FORTE

QUATTRO GROUP REALTY LLC Listed on: 03/30/2021

Last Buyer's Agent

TERRY BRANNIN

EXP REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,274

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Liberty C Elementary School
  • Cedar Hill Middle School
  • Ridge High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00041-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, trash collection

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Cats Allowed

Security

  • Storm Windows
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,274

Year Built

Built in 1986

Lot Details

0

HOA Fees

$399 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: 43
  • Directions: Valley to Acken to Spring Valley to Commonwealth or King George to Spring Valley to Commonwealth to Unit #43
  • I D: 5058670
  • Modified: 2022-05-22
  • Number Images: 18
  • First Name: MICHAEL
  • First Name3: TERRY
  • Last Name: FORTE
  • Last Name3: BRANNIN
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 18x12
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 6x4
  • Other Room 2: Storage Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Foyer, Kitchen, Laundry Room, Living Room
  • Phone: 732-200-4730

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 399
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Trash Collection

Schools

  • Elementary School: LIBERTY C
  • Middle School: CEDAR HILL
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: CEDAR HILL

Lot Info

  • Lot Size: WASHINGTON VILLAGE
  • Assessed Improvement Value: 136900
  • Assessed Land Value: 115000
  • Assessment: 251900
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 41
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5274
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08603-0000-00041-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 19, 2021
Sold by
Forte Michael and Estate Of Leonard V Forte
Bought by
Lavornia Julianne
Seller's Agent
MICHAEL FORTE
QUATTRO GROUP REALTY LLC
Buyer's Agent
TERRY BRANNIN
EXP REALTY, LLC
List Price
$289,900
Sold Price
$296,000
Premium/Discount to List
$6,100
2.1%
Current Estimated Value
$430,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,348
Avg. Annual Appreciation
8.84%
Original Mortgage
$235,229
Outstanding Balance
$215,577
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$207,269

Purchase Details

Listed on
Jun 5, 2014
Closed on
May 13, 2014
Sold by
Baron Karen Shaw
Bought by
Forte Leonard
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Source: Public Records

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Range of Values:

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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 $294,000 Integra Title & Abstract Llc
Executors Deed $240,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,229 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $296,000 +2.1% --
04/05/2021 04/05/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $289,900 +20.8% --
06/05/2014 06/05/14 Sold $240,000 -- --
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 $6,232 $350,300 $124,000 $226,300
2023 $6,003 $318,300 $124,000 $194,300
2022 $5,689 $282,900 $120,000 $162,900
2021 $4,223 $262,700 $120,000 $142,700
2020 $5,275 $251,900 $115,000 $136,900
2019 $5,073 $249,400 $125,000 $124,400
2018 $5,029 $250,800 $123,000 $127,800
2017 $4,853 $244,000 $123,000 $121,000
2016 $4,345 $222,700 $123,000 $99,700
2015 $4,332 $226,100 $120,000 $106,100
2014 $4,251 $219,800 $120,000 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3701414

Garden State MLS

APN: 02-08603-0000-00041-0000-CONDO