NOT LISTED FOR SALE

50 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $830,000 - $893,450

3 Beds
2 Baths
1,317 Sq Ft
$645/Sq Ft Est. Value

Last Sold October 21, 2013

Last sale price $480,000 $364 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,451/month

About This Home

As of October 2013

This home is located at 50 Spencer Rd, Basking Ridge, NJ 07920 since 21 October 2013 and is currently estimated at $850,113, approximately $645 per square foot. This property was built in 1950. 50 Spencer Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Derek Eisenberg

CONTINENTAL REAL ESTATE GROUP Brokerage Phone: 877-996-5728 Listed on: 10/21/2013

Last Buyer's Agent

SHANNON ARONSON

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,684

Year Built

  • Built in 1950

Lot Details

  • 0.57 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,684

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Somerset
  • I D: 4353580
  • Attribution Contact: 877-996-5728
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .57AC
  • Total Acres: 0.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Oct 21, 2013
Sold by
Caruso Philip
Bought by
Finkelstein Daniel and Finkelstein Meredith
Seller's Agent
Derek Eisenberg
CONTINENTAL REAL ESTATE GROUP
Buyer's Agent
SHANNON ARONSON
KELLER WILLIAMS REALTY
Sold Price
$480,000
Current Estimated Value
$850,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,113
Avg. Annual Appreciation
4.83%
Original Mortgage
$432,000
Outstanding Balance
$324,867
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$525,246

Purchase Details

Listed on
Aug 30, 2012
Closed on
Jul 13, 2012
Sold by
Schwab Andra B and Holcomb Andra B
Bought by
Caruso Philip
Seller's Agent
Chantal Konicek
BHHS FOX & ROACH
Buyer's Agent
Chantal Konicek
BHHS FOX & ROACH
Sold Price
$318,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.50%
Original Mortgage
$190,800
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2000
Sold by
Brendel Joan
Bought by
Holcolm William and Holcomb Andra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.4%

Purchase Details

Closed on
Aug 5, 1993
Sold by
Way David
Bought by
Brendal Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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

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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
Finkelstein Daniel $480,000 Acres Land Title Agency Llc
Caruso Philip $318,000 First American Title Ins Co
Holcolm William $265,000 --
Brendal Joan $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finkelstein Daniel $432,000
Previous Owner Caruso Philip $190,800
Previous Owner Holcolm William $212,000
Previous Owner Brendal Joan $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2013 10/21/13 Sold $480,000 +50.9% $364 / Sq Ft
08/30/2012 08/30/12 Sold $318,000 -- $241 / Sq Ft 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 $11,684 $704,200 $381,300 $322,900
2024 $11,684 $656,800 $357,600 $299,200
2023 $11,752 $623,100 $343,300 $279,800
2022 $11,971 $595,300 $329,100 $266,200
2021 $11,650 $554,100 $329,100 $225,000
2020 $10,924 $521,700 $312,400 $209,300
2019 $10,312 $507,000 $312,400 $194,600
2018 $9,770 $487,300 $312,400 $174,900
2017 $9,678 $486,600 $307,900 $178,700
2016 $9,542 $489,100 $307,900 $181,200
2015 $9,605 $501,300 $317,500 $183,800
2014 $8,989 $464,800 $313,000 $151,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Derek Eisenberg

    CONTINENTAL REAL ESTATE GROUP

    (877) 996-5728

    2 in this area

    2,973 Total Sales

    Derek Eisenberg
    Section Image

  • S

    Buyer's Agent in 2013

    SHANNON ARONSON

    KELLER WILLIAMS REALTY

  • Chantal Konicek

    Seller's Agent in 2012

    Chantal Konicek

    BHHS FOX & ROACH

    (908) 612-0862

    46 in this area

    83 Total Sales

    Chantal Konicek
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3054497

Garden State MLS

APN: 02-01806-0000-00013

New Jersey Somerset County Basking Ridge 07920

50 Spencer Rd, Basking Ridge, NJ

Not Listed for Sale

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