NOT LISTED FOR SALE

477 Somerville Rd Basking Ridge, NJ 07920

Estimated Value: $3,013,000 - $3,370,550

4.76 Acres
$670,541 Price per Acre
207,346 Sq Ft Lot

Last Sold September 17, 2014

Last sale price $555,000

Est. 475% increase in value since last sale

Current estimated payment $23,798/month

About This Lot

As of September 2014

This home is located at 477 Somerville Rd, Basking Ridge, NJ 07920 since 17 September 2014 and is currently estimated at $3,191,775. This property was built in 2021. 477 Somerville Rd is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Listed By

Connie Napolitano

COLDWELL BANKER REALTY Brokerage Phone: 908-766-2900 Listed on: 09/17/2014

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $71,188

Year Built

  • 2021

Lot Details

  • 4.76 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$71,188

Year Built

2021

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4418938
  • Modified: 2021-09-23
  • Attribution Contact: 908-766-2900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Lot Info

  • Total Acres: 4.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Sep 17, 2014
Sold by
Rocha Henrique F
Bought by
Swethi Tarun and Swethi Charu
Seller's Agent
Connie Napolitano
COLDWELL BANKER REALTY
Buyer's Agent
Connie Napolitano
COLDWELL BANKER REALTY
Sold Price
$555,000
Total Days on Market
0
Current Estimated Value
$3,191,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,636,775
Avg. Annual Appreciation
17.45%

Purchase Details

Closed on
Dec 8, 2011
Sold by
Rocha Henrique F and Miraldo Carla
Bought by
Rocha Henrique F

Purchase Details

Closed on
Jun 12, 2009
Sold by
Silva Erik and Pita Catia
Bought by
Rocha Henrique F and Miraldo Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 4, 2007
Sold by
Johnson Richard F and Singe Yolande L
Bought by
Silva Erik and Pita Catia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Swethi Tarun $550,000 Agent For Old Republic Natl
Rocha Henrique F -- Multiple
Rocha Henrique F $425,000 Multiple
Silva Erik $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rocha Henrique F $200,000
Previous Owner Silva Erik $390,476
Previous Owner Silva Erik $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2014 09/17/14 Sold $555,000 -- --
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 $71,188 $4,001,600 $468,000 $3,533,600
2023 $73,401 $3,891,900 $445,000 $3,446,900
2022 $78,393 $3,898,200 $445,000 $3,453,200
2021 $17,464 $827,700 $427,700 $400,000
2020 $15,238 $727,700 $427,700 $300,000
2019 $13,929 $684,800 $484,800 $200,000
2018 $10,781 $537,700 $497,700 $40,000
2017 $9,923 $498,900 $498,900 $0
2016 $9,734 $498,900 $498,900 $0
2015 $9,521 $496,900 $496,900 $0
2014 -- $446,900 $446,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3114863

Garden State MLS

APN: 02-09301-0000-00054