NOT LISTED FOR SALE

5 Scotsmans Way Basking Ridge, NJ 07920

The Hills Neighborhood

Estimated Value: $1,374,871 - $1,604,000

4 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold October 02, 2015

Last sale price $1,060,000

Est. 42% increase in value since last sale

Current estimated payment $10,124/month

About This Home

As of October 2015

This home is located at 5 Scotsmans Way, Basking Ridge, NJ 07920 since 02 October 2015 and is currently estimated at $1,508,468. This property was built in 1996. 5 Scotsmans Way is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Listed By

Michele Klug

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 10/02/2015

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,135

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,135

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Somerset
  • Street Number Display: 5
  • I D: 4555683
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.23AC
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Oct 2, 2015
Sold by
Chee Kam and Chee Maureen Kelly
Bought by
Shou Yan
Seller's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$1,060,000
Total Days on Market
0
Current Estimated Value
$1,508,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,468
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Bernards Chase Lp
Bought by
Chee Kam and Chee Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.55%

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
Shou Yan $1,060,000 Attorney
Chee Kam $517,426 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chee Kam $350,000
Previous Owner Chee Kam $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $1,060,000 -- --
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 $21,135 $1,188,000 $369,500 $818,500
2023 $20,471 $1,085,400 $369,500 $715,900
2022 $19,816 $985,400 $353,700 $631,700
2021 $19,541 $926,100 $353,700 $572,400
2020 $19,384 $925,700 $353,700 $572,000
2019 $19,380 $952,800 $353,700 $599,100
2018 $19,210 $958,100 $359,000 $599,100
2017 $20,409 $1,026,100 $387,100 $639,000
2016 $20,269 $1,038,900 $392,600 $646,300
2015 $21,095 $1,101,000 $403,600 $697,400
2014 $19,694 $1,018,300 $348,600 $669,700
Source: Public Records

Agents Affiliated with this Home

  • Michele Klug

    Seller's Agent in 2015

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 672-2055

    41 in this area

    772 Total Sales

    Michele Klug
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3242643

Garden State MLS

APN: 02-09703-0000-00025

New Jersey Somerset County Basking Ridge 07920 The Hills

5 Scotsmans Way, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 5 Scotsmans Way, Basking Ridge, NJ 07920 since 02 October 2015 and is currently estimated at $1,508,468. This property was built in 1996. 5 Scotsmans Way is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

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