NOT LISTED FOR SALE

56 Ramapo Dr Basking Ridge, NJ 07920

Estimated Value: $1,410,000 - $1,521,859

4 Beds
5 Baths
-- Sq Ft
0.31 Acres

Last Sold January 16, 2015

Last sale price $1,160,000

Est. 28% increase in value since last sale

Current estimated payment $9,788/month

About This Home

As of January 2015

This home is located at 56 Ramapo Dr, Basking Ridge, NJ 07920 since 16 January 2015 and is currently estimated at $1,483,965. This property was built in 2000. 56 Ramapo Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

CRAIG LAWRENCE

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 01/16/2015

Co-Listed By

CATHERINE BARRY

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600

Last Buyer's Agent

ANH N. TRANG

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,610

Year Built

  • Built in 2000

Lot Details

  • 0.31

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,610

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Year Built: 2000
  • County Name: Somerset
  • Street Number Display: 56
  • I D: 4478365
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.31AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Jan 15, 2015
Sold by
Kennedy Devin and Kennedy Sonia
Bought by
Yang Zhuo and Li Xiaodong
Seller's Agent
CRAIG LAWRENCE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ANH N. TRANG
WEICHERT REALTORS
Sold Price
$1,160,000
Current Estimated Value
$1,483,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,965
Avg. Annual Appreciation
2.18%
Original Mortgage
$696,000
Outstanding Balance
$519,143
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$939,613

Purchase Details

Closed on
May 26, 2011
Sold by
Kapoor Samir and Kapoor Vinaya
Bought by
Kennedy Devin and Kennedy Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Kapoor Samir and Kapoor Vinaya
Bought by
Kapoor Samir and Kapoor Vinaya

Purchase Details

Closed on
Apr 16, 2007
Sold by
Drake Chris J and Drake Betty
Bought by
Kapoor Samir and Kapoor Vinaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Wang Wen
Bought by
Drake Chris J and Drake Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,000
Interest Rate
5.96%

Purchase Details

Closed on
Dec 1, 2000
Sold by
Richmond Mary
Bought by
Wang Wen and Chen Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.7%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Patriots Lp
Bought by
Richmond Fred and Richmond Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Yang Zhuo $1,160,000 First American Title Ins
Kennedy Devin $1,049,000 Old Republic National Title
Kapoor Samir -- None Available
Kapoor Samir $985,000 Fidelity Natl Title Ins Co
Drake Chris J $807,000 --
Wang Wen $652,500 --
Richmond Fred $575,274 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Zhuo $696,000
Previous Owner Kennedy Devin $464,000
Previous Owner Kennedy Devin $549,000
Previous Owner Kapoor Samir $585,000
Previous Owner Drake Chris J $627,000
Previous Owner Wang Wen $250,000
Previous Owner Richmond Fred $575,274
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $1,160,000 -- --
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 $20,610 $1,158,500 $328,400 $830,100
2023 $20,361 $1,079,600 $328,400 $751,200
2022 $19,219 $955,700 $328,400 $627,300
2021 $19,351 $917,100 $349,400 $567,700
2020 $19,158 $914,900 $349,400 $565,500
2019 $18,943 $931,300 $359,500 $571,800
2018 $19,709 $983,000 $364,800 $618,200
2017 $20,268 $1,019,000 $393,100 $625,900
2016 $20,448 $1,048,100 $415,100 $633,000
2015 $20,423 $1,065,900 $431,600 $634,300
2014 $21,007 $1,086,200 $347,800 $738,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    CRAIG LAWRENCE

    KL SOTHEBY'S INT'L. REALTY

  • C

    Seller Co-Listing Agent in 2015

    CATHERINE BARRY

    KL SOTHEBY'S INT'L. REALTY

  • A

    Buyer's Agent in 2015

    ANH N. TRANG

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3170912

Garden State MLS

APN: 02-10901-0000-00037

New Jersey Somerset County Basking Ridge 07920

56 Ramapo Dr, Basking Ridge, NJ

This home is located at 56 Ramapo Dr, Basking Ridge, NJ 07920 since 16 January 2015 and is currently estimated at $1,483,965. This property was built in 2000. 56 Ramapo Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

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