$318,000
SOLD AUG 30, 2012

50 Spencer Rd Basking Ridge, NJ 07920

3 Beds
2 Baths
1,317 Sq Ft
0.57 Acres

Recently Sold

$241 Per Sq Ft

0 Day on Market

About This Home

As of October 2013

This home is located at 50 Spencer Rd, Basking Ridge, NJ 07920 and is currently priced at $318,000, approximately $241 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

Chantal Konicek

BHHS FOX & ROACH Brokerage Phone: 908-766-9300 Listed on: 08/30/2012

BHHS FOX & ROACH

Last Buyer's Agent

Chantal Konicek

BHHS FOX & ROACH Brokerage Phone: 908-766-9300 Listed on: 08/30/2012

BHHS FOX & ROACH

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
  • Street Number Display: 50
  • I D: 4057965
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-766-9300
  • 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
$858,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,076
Avg. Annual Appreciation
4.98%
Original Mortgage
$432,000
Interest Rate
4.52%
Mortgage Type
New Conventional

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:

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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 Type Sale Price Title Company
Deed $480,000 Acres Land Title Agency Llc
Deed $318,000 First American Title Ins Co
Deed $265,000 --
Deed $228,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Previous Owner $190,800 Adjustable Rate Mortgage/ARM
Previous Owner $212,000 No Value Available
Previous Owner $203,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Garden State MLS

MLS Number: 2779812

Garden State MLS

APN: 02-01806-0000-00013