NOT LISTED FOR SALE

5 Witherspoon Ln Basking Ridge, NJ 07920

Estimated Value: $1,031,000 - $1,172,000

3 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $950,000

Est. 18% increase in value since last sale

Current estimated payment $7,258/month

28 Days on Market

About This Home

As of July 2023

This home is located at 5 Witherspoon Ln, Basking Ridge, NJ 07920 since 09 May 2023 and is currently estimated at $1,123,636. 5 Witherspoon Ln is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Jennifer Hurley

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 05/09/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Neha Jain

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,102

Lot Details

  • 6,970 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,102

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5215008
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .16AC
  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 5, 2023
Sold by
Renshaw Maurice and Renshaw Heilan
Bought by
Gujar Sameer Kiran Sheth and Sheth Pradnya Prakash
Seller's Agent
Jennifer Hurley
COLDWELL BANKER REALTY
Buyer's Agent
Neha Jain
COLDWELL BANKER REALTY
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
247
Current Estimated Value
$1,123,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,636
Avg. Annual Appreciation
7.40%
Original Mortgage
$726,200
Outstanding Balance
$657,566
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$466,070

Purchase Details

Closed on
May 21, 2004
Sold by
Fort John G
Bought by
Renshaw Marurice and Renshaw Heilan

Purchase Details

Closed on
Nov 3, 2000
Sold by
Ando Goran
Bought by
Fort John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
7.78%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Devt Hills
Bought by
Ando Goran and Ing Marie Ando

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
6.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gujar Sameer Kiran Sheth $950,000 First American Title
Sheth Gujar Sameer Kiran $950,000 First American Title
Renshaw Marurice $905,000 --
Fort John $735,000 --
Ando Goran $684,559 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheth Gujar Sameer Kiran $726,200
Closed Sheth Gujar Sameer Kiran $726,200
Previous Owner Fort John $588,000
Previous Owner Ando Goran $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $950,000 -4.9% --
06/06/2023 06/06/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $999,000 -- --
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
2025 $16,102 $1,033,100 $342,800 $690,300
2024 $16,102 $905,100 $300,500 $604,600
2023 $16,261 $862,200 $300,500 $561,700
2022 $17,025 $846,600 $300,500 $546,100
2021 $17,587 $833,500 $302,300 $531,200
2020 $17,433 $832,500 $307,800 $524,700
2019 $17,055 $838,500 $307,800 $530,700
2018 $16,984 $847,100 $307,800 $539,300
2017 $16,988 $854,100 $307,800 $546,300
2016 $17,188 $881,000 $307,800 $573,200
2015 $17,254 $900,500 $318,800 $581,700
2014 $16,851 $871,300 $318,800 $552,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hurley

    Seller's Agent in 2023

    Jennifer Hurley

    COLDWELL BANKER REALTY

    (908) 642-7844

    5 in this area

    7 Total Sales

    Jennifer Hurley
    Section Image
  • Neha Jain

    Buyer's Agent in 2023

    Neha Jain

    COLDWELL BANKER REALTY

    (908) 992-2203

    21 in this area

    25 Total Sales

    Neha Jain
    Section Image
  • Marie Young

    Buyer Co-Listing Agent in 2023

    Marie Young

    COLDWELL BANKER REALTY

    (908) 938-2525

    111 in this area

    141 Total Sales

    Marie Young
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3842711

Garden State MLS

APN: 02-09902-0000-00021

New Jersey Somerset County Basking Ridge 07920

5 Witherspoon Ln, Basking Ridge, NJ

Not Listed for Sale

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