NOT LISTED FOR SALE

55 Kinnan Way Basking Ridge, NJ 07920

Estimated Value: $1,224,000 - $1,442,000

5 Beds
3 Baths
-- Sq Ft
1.25 Acres

Last Sold September 13, 2023

Last sale price $1,100,000

Est. 19% increase in value since last sale

Current estimated payment $8,840/month

12 Days on Market

About This Home

As of September 2023

This home is located at 55 Kinnan Way, Basking Ridge, NJ 07920 since 01 August 2023 and is currently estimated at $1,308,602. This property was built in 1985. 55 Kinnan Way is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Listed By

Kathryn Barcellona

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 08/01/2023

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,178

Year Built

  • Built in 1985

Lot Details

  • 1.25 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,178

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • County Name: Somerset
  • Street Number Display: 55
  • I D: 5235819
  • Modified: 2024-09-14
  • Number Images: 1
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.251
  • Total Acres: 1.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 4, 2023
Sold by
Cerutti Adam F and Cerutti Amanda K
Bought by
Lee Seung Ri and Park Bom
Seller's Agent
Kathryn Barcellona
COLDWELL BANKER REALTY
Buyer's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Total Days on Market
12
Views
56
Current Estimated Value
$1,308,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,602
Avg. Annual Appreciation
10.22%
Original Mortgage
$750,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Taylor John and Taylor Tracey
Bought by
Cerutti Adam F and Wade Amanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2006
Sold by
Heckendorf Glenn A
Bought by
Taylor John and Taylor Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Lee Seung Ri $1,100,000 Stewart Title
Cerutti Adam F $865,000 None Available
Taylor John $979,000 --
Taylor John $979,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Seung Ri $750,000
Previous Owner Cerutti Adam F $635,000
Previous Owner Cerutti Adam F $693,000
Previous Owner Taylor John $125,000
Previous Owner Taylor John $579,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $1,100,000 +10.6% --
08/17/2023 08/17/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $995,000 -- --
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
2024 $18,178 $1,021,800 $364,500 $657,300
2023 $16,980 $900,300 $344,300 $556,000
2022 $17,337 $862,100 $344,300 $517,800
2021 $16,555 $784,600 $327,300 $457,300
2020 $16,339 $780,300 $320,900 $459,400
2019 $16,260 $799,400 $320,900 $478,500
2018 $16,028 $799,400 $320,900 $478,500
2017 $15,793 $794,000 $320,900 $473,100
2016 $16,211 $830,900 $329,400 $501,500
2015 $17,376 $901,400 $360,000 $541,400
2014 $16,787 $868,000 $360,000 $508,000
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Barcellona

    Seller's Agent in 2023

    Kathryn Barcellona

    COLDWELL BANKER REALTY

    (908) 328-3232

    172 Total Sales

    Kathryn Barcellona
    Section Image

  • N

    Buyer's Agent in 2023

    NATALYA PRICE

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3857413

Garden State MLS

APN: 02-02501-0000-00017

New Jersey Somerset County Basking Ridge 07920

55 Kinnan Way, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 55 Kinnan Way, Basking Ridge, NJ 07920 since 01 August 2023 and is currently estimated at $1,308,602. This property was built in 1985. 55 Kinnan Way is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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