NOT LISTED FOR SALE

54 Alexandria Way Unit 10 Basking Ridge, NJ 07920

Estimated Value: $420,510 - $450,000

2 Beds
2 Baths
1,050 Sq Ft
$415/mo HOA Fee

Last Sold March 01, 2022

Last sale price $329,000 $313 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,381/month

4 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Deck
  • Jogging Path

About This Home

As of March 2022

Spacious and Bright 2 bedroom, 2 full bath home on 2nd floor has a large living room with vaulted ceiling, two spacious bedrooms with newer hardwood flooring, newer HVAC(2019), hotwater heater(2019), new roof and skylights, walk-in closet in Master bedroom. Slider to private balcony. Large basement offers extra storage. TOP RATED schools. Close to Rt 78, 287 & Transit to NYC. One-car garage (semi-private) and ample guest parking. Spring Ridge is a beautiful well-maintained community with on-site property management, clubhouse, swimming pool, tennis courts, playground and walking paths.

Last Listed By

HANYU LI

EQUITY MID-ATLANTIC REAL ESTATE Listed on: 01/27/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1987

Lot Details

  • 479

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08901-0000-00048-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Cats Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,521

Year Built

Built in 1987

Lot Details

0

HOA Fees

$415 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 54
  • Directions: GPS
  • I D: 5126247
  • Modified: 2023-03-02
  • Number Images: 17
  • Section Subdiv Development: Spring Ridge
  • First Name: HANYU
  • First Name3: ALMA
  • First Name4: IRINA
  • Last Name: LI
  • Last Name3: AGUAYO
  • Last Name4: BAGMUT
  • Office Phone3: 908-766-7500
  • Attribution Contact: 888-517-5558
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: Second
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: Second
  • Living Room Level: Second
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Utility Room
  • Other Room3 Level: Basement
  • Estimated Sq Ft: 1050
  • Phone: 888-517-5558

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Parking Lot-Shared

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 415
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: JACKSON VILLAGE
  • Assessed Improvement Value: 141700
  • Assessed Land Value: 120000
  • Assessment: 261700
  • Easement: Unknown
  • Lot Identifier: 48
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5521
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08901-0000-00048-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 24, 2022
Sold by
Hua Ren
Bought by
Gramaglia Carmela
Seller's Agent
HANYU LI
EQUITY MID-ATLANTIC REAL ESTATE
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
List Price
$315,000
Sold Price
$329,000
Premium/Discount to List
$14,000
4.44%
Total Days on Market
4
Current Estimated Value
$438,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,128
Avg. Annual Appreciation
8.18%
Original Mortgage
$220,500
Outstanding Balance
$208,572
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$215,504

Purchase Details

Listed on
Jul 6, 2017
Closed on
Jan 10, 2018
Sold by
Meyer Stephen D
Bought by
Ren Hua
Seller's Agent
GABRIELLE QUARTELLO
BHHS FOX & ROACH
Buyer's Agent
HANYU LI
EQUITY MID-ATLANTIC REAL ESTATE
List Price
$285,000
Sold Price
$273,500
Premium/Discount to List
-$11,500
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Jan 28, 2011
Sold by
Caruso Louis F and Caruso Stephanie
Bought by
Meyer Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2005
Sold by
Davidson Meredith S
Bought by
Caruso Louis F and Duca Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.78%

Purchase Details

Closed on
Dec 3, 2002
Sold by
Cohen Barbara
Bought by
Davidson Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.16%

Range of Values:

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Average Value
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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
Gramaglia Carmela $329,000 Catic Title
Ren Hua $273,500 American Land Title Associat
Meyer Stephen D $275,000 Multiple
Caruso Louis F $348,000 --
Davidson Meredith $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gramaglia Carmela $220,500
Previous Owner Meyer Stephen D $235,525
Previous Owner Meyer Stephen D $247,500
Previous Owner Caruso Louis F $270,000
Previous Owner Davidson Meredith $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $329,000 +4.4% $313 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $315,000 +15.2% $300 / Sq Ft
01/10/2018 01/10/18 Sold $273,500 -4.0% $260 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $285,000 -- $271 / 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
2024 $6,162 $346,400 $124,000 $222,400
2023 $5,850 $310,200 $124,000 $186,200
2022 $5,593 $278,100 $120,000 $158,100
2021 $5,522 $261,700 $120,000 $141,700
2020 $5,281 $252,200 $115,000 $137,200
2019 $5,179 $254,600 $125,000 $129,600
2018 $5,197 $259,200 $123,000 $136,200
2017 $5,424 $272,700 $123,000 $149,700
2016 $4,956 $254,000 $123,000 $131,000
2015 $4,838 $252,500 $120,000 $132,500
2014 $4,763 $246,300 $120,000 $126,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3760934

Garden State MLS

APN: 02-08901-0000-00048-0000-CONDO