NOT LISTED FOR SALE

5 Valley View Dr Basking Ridge, NJ 07920

Estimated Value: $569,000 - $628,000

2 Beds
2.5 Baths
1,816 Sq Ft
$520/mo HOA Fee

Last Sold June 27, 2022

Last sale price $490,000 $270 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,426/month

13 Days on Market

Highlights

  • Wood Flooring
  • Den
  • 1 Car Direct Access Garage
  • Cedar Hill Elementary School Rated A
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of June 2022

Welcome home to this lovely 2 bedroom end unit townhouse with basement and attached garage. Nestled in quiet and beautiful community, this stylish sun filled home with both front & back patio & offering tons of storage & fabulous vistas year round. As you enter you will be greeted by airy and bright living room. An open floor plan, fabulous layout. Updated kitchen with newer appliances. 2nd floor offers 2 suites with custom walk-in closets & more! Spacious basement has 9 foot ceilings. Perfect for additional storage. Convenient location to shopping, restaurants, Pleasant Valley Park, I-78, I-287, NYC Bus and Train. Come to see this home today!

Last Agent to Sell the Property

Jia Li

RE/MAX FIRST REALTY Listed on: 04/08/2022

RE/MAX FIRST REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,107

Year Built

  • Built in 1983

Lot Details

  • 1,350

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,816 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-06601-0000-00002-0001-CONDO

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,107

Year Built

Built in 1983

Lot Details

0

HOA Fees

$520 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, One Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1983
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Valley Rd onto Knollcroft Rd. Pass VA Hospital
  • I D: 5144844
  • First Name: JIA
  • First Name3: UNKNOWN
  • Last Name: LI
  • Last Name3: AGENT
  • Office Phone: 732-257-3500
  • Office Phone3: 973-555-5555
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Area: Separate Dining Area
  • Level 1 Rooms: Bath Main, Den, Dining Room, GarEnter, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 1816

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 520
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Lot Info

  • Lot I D Tax: *

Rental Info

  • Pets Allowed: CatsOK, DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8107
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-06601-0000-00002-0001-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 27, 2022
Sold by
Hong Zheng
Bought by
Squires Joseph and Squires Suzanne
Seller's Agent
Jia Li
RE/MAX FIRST REALTY
List Price
$485,000
Sold Price
$490,000
Premium/Discount to List
$5,000
1.03%
Current Estimated Value
$599,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,618
Avg. Annual Appreciation
6.10%
Original Mortgage
$425,000
Outstanding Balance
$404,374
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$195,244

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jun 25, 2014
Sold by
Walguarnery Philip
Bought by
Zheng Hong and Lu Xinyan
Seller's Agent
PEGGY OBLACK
BHHS FOX & ROACH
Buyer's Agent
XIAOYUN LING
ELITE REALTORS OF NEW JERSEY
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%

Purchase Details

Closed on
Jun 26, 1995
Sold by
Shea William
Bought by
Walguarnery Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Squires Joseph $490,000 True Value Title
Squires Joseph $490,000 True Value Title
Zheng Hong $420,000 Agent For First Amer Title I
Walguarnery Philip $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Squires Joseph $425,000
Closed Squires Joseph $425,000
Previous Owner Walguarnery Philip $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $490,000 +1.0% $270 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $485,000 +15.5% $267 / Sq Ft
06/25/2014 06/25/14 Sold $420,000 -- -- View Prior Sale
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
2025 $8,989 $511,200 $170,000 $341,200
2024 $8,989 $505,300 $170,000 $335,300
2023 $8,923 $473,100 $170,000 $303,100
2022 $8,299 $412,700 $170,000 $242,700
2021 $8,161 $386,800 $170,000 $216,800
2020 $8,108 $387,200 $170,000 $217,200
2019 $7,951 $390,900 $170,000 $220,900
2018 $7,743 $386,200 $170,000 $216,200
2017 $7,711 $387,700 $170,000 $217,700
2016 $7,804 $400,000 $170,000 $230,000
2015 $7,743 $404,100 $170,000 $234,100
2014 $6,881 $355,800 $170,000 $185,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3776890

Garden State MLS

APN: 02-06601-0000-00002-01-CONDO