NOT LISTED FOR SALE

55 Governor Dr Basking Ridge, NJ 07920

Estimated Value: $1,739,303 - $1,902,000

5 Beds
5 Baths
-- Sq Ft
0.55 Acres

Last Sold August 01, 2014

Last sale price $1,242,000

Est. 44% increase in value since last sale

Current estimated payment $11,347/month

About This Home

As of August 2014

This home is located at 55 Governor Dr, Basking Ridge, NJ 07920 since 01 August 2014 and is currently estimated at $1,788,826. This property was built in 1995. 55 Governor Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Marie Young

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 08/01/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

Brenda Garcia

RE/MAX PREMIER

RE/MAX PREMIER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.55 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • County Name: Somerset
  • I D: 4443454
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.55AC
  • Total Acres: 0.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Jin Derek Y and Jin Lorraine Y
Bought by
Jin Derek Y and Jin Lorraine P
Current Estimated Value
$1,788,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$565,187
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,223,639

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jul 29, 2014
Sold by
Patterson Albert W and Patterson Joan E
Bought by
Jin Derek Y and Jin Lorraine Y
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Brenda Garcia
RE/MAX PREMIER
Sold Price
$1,242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$660,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2012
Sold by
Patterson Albert W and Patterson Joan E
Bought by
Patterson Albert W and Patterson Joan E

Purchase Details

Closed on
Jun 22, 1995
Sold by
Sherebrook Devel Inc
Bought by
Patterson Albert and Patterson Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.82%
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
Jin Derek Y -- Topotch Title Services Inc
Jin Derek Y $1,242,000 First American Title Ins Co
Patterson Albert W -- First Amer Title Ins Co
Patterson Albert W -- None Available
Patterson Albert $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Derek Y $650,000
Closed Jin Derek Y $660,000
Previous Owner Patterson Albert $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2014 08/01/14 Sold $1,242,000 -- --
Source: Garden State MLS

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 $24,593 $1,528,200 $481,000 $1,047,200
2024 $24,593 $1,382,400 $403,800 $978,600
Source: Public Records

Agents Affiliated with this Home

  • Marie Young

    Seller's Agent in 2014

    Marie Young

    COLDWELL BANKER REALTY

    (908) 938-2525

    107 in this area

    136 Total Sales

    Marie Young
    Section Image
  • Brenda Garcia

    Buyer's Agent in 2014

    Brenda Garcia

    RE/MAX

    (908) 672-2447

    15 in this area

    88 Total Sales

    Brenda Garcia
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3137568

Garden State MLS

APN: 02-06404-0000-00017

New Jersey Somerset County Basking Ridge 07920

55 Governor Dr, Basking Ridge, NJ

Not Listed for Sale

Detached

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