47 Independence Dr Basking Ridge, NJ 07920
Estimated Value: $1,821,504 - $2,043,000
--
Bed
--
Bath
4,266
Sq Ft
$446/Sq Ft
Est. Value
About This Home
This home is located at 47 Independence Dr, Basking Ridge, NJ 07920 and is currently estimated at $1,903,626, approximately $446 per square foot. 47 Independence Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2006
Sold by
Continelli Richard M
Bought by
Venugopal Kootala and Venugopal Meenakshi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$689,771
Interest Rate
6.4%
Estimated Equity
$1,189,205
Purchase Details
Closed on
Jul 7, 2003
Sold by
Seccombe Charles T
Bought by
Continelli Richard M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.31%
Purchase Details
Closed on
Jan 27, 1999
Sold by
Hill Independence
Bought by
Seccombe Cahrles and Seccombe Renee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.74%
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 |
---|---|---|---|
Venugopal Kootala | $1,400,000 | -- | |
Continelli Richard M | $1,125,000 | -- | |
Seccombe Cahrles | $624,148 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Venugopal Kootala | $690,000 | |
Closed | Venugopal Kootala | $729,500 | |
Closed | Venugopal Kootala | $150,000 | |
Open | Venugopal Kootala | $1,120,000 | |
Previous Owner | Continelli Richard M | $725,000 | |
Previous Owner | Seccombe Cahrles | $300,000 |
Source: Public Records
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 | $26,879 | $1,510,900 | $379,400 | $1,131,500 |
2023 | $26,715 | $1,416,500 | $379,400 | $1,037,100 |
2022 | $25,355 | $1,260,800 | $359,500 | $901,300 |
2021 | $24,459 | $1,159,200 | $346,000 | $813,200 |
2020 | $25,719 | $1,228,200 | $346,000 | $882,200 |
2019 | $26,088 | $1,282,600 | $346,000 | $936,600 |
2018 | $25,858 | $1,289,700 | $350,300 | $939,400 |
2017 | $24,508 | $1,232,200 | $350,300 | $881,900 |
2016 | $23,623 | $1,210,800 | $365,200 | $845,600 |
2015 | $23,929 | $1,248,900 | $388,700 | $860,200 |
2014 | $24,136 | $1,248,000 | $409,200 | $838,800 |
Source: Public Records
Map
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