NOT LISTED FOR SALE

58 Bernard Dr Basking Ridge, NJ 07920

Estimated Value: $1,649,144 - $1,799,000

5 Beds
4 Baths
3,795 Sq Ft
$461/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $1,580,000 $416 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,005/month

53 Days on Market

About This Home

As of May 2024

This home is located at 58 Bernard Dr, Basking Ridge, NJ 07920 since 20 February 2024 and is currently estimated at $1,749,036, approximately $460 per square foot. 58 Bernard 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

Michele Klug

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 02/20/2024

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Judith Weiniger

WEINIGER REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 0.56 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5270532
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.56AC
  • Total Acres: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 30, 2024
Sold by
Shu Jing Ou and Zhang Rui
Bought by
Koneru Mythili
Seller's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Judith Weiniger
WEINIGER REALTY
List Price
$1,629,900
Sold Price
$1,580,000
Premium/Discount to List
-$49,900
-3.06%
Views
4088
Current Estimated Value
$1,749,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,036
Avg. Annual Appreciation
6.48%
Original Mortgage
$1,264,000
Outstanding Balance
$1,248,115
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$500,921

Purchase Details

Listed on
Jul 3, 2014
Closed on
Jul 3, 2014
Sold by
Cedeno Jhonny O and Cedeno Angela L
Bought by
Shu Jing Ou and Zhang Rui
Seller's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
HONG PU
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$582,200
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 2009
Sold by
Funk Neil and Funk Lisa
Bought by
Cedeno Jhonny O and Cedeno Angela L

Purchase Details

Closed on
Mar 18, 1994
Sold by
Devt Sherbrooke
Bought by
Funk Neil and Funk Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Koneru Mythili $1,580,000 None Listed On Document
Shu Jing Ou $1,150,000 Agent For Chicago Title Ins
Cedeno Jhonny O $1,055,000 None Available
Funk Neil $499,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koneru Mythili $1,264,000
Previous Owner Shu Jing Ou $582,200
Previous Owner Funk Neil $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2024 05/30/24 Sold $1,580,000 -3.1% $416 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $1,629,900 +41.7% $429 / Sq Ft
07/03/2014 07/03/14 Sold $1,150,000 -- $303 / Sq Ft View Prior Sale
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 $23,399 $1,487,100 $481,200 $1,005,900
2024 $23,399 $1,315,300 $404,000 $911,300
Source: Public Records

Agents Affiliated with this Home

  • Michele Klug

    Seller's Agent in 2024

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 672-2055

    36 in this area

    716 Total Sales

    Michele Klug
    Section Image
  • Judith Weiniger

    Buyer's Agent in 2024

    Judith Weiniger

    WEINIGER REALTY

    (908) 295-3913

    11 in this area

    118 Total Sales

    Judith Weiniger
    Section Image

  • S

    Seller's Agent in 2014

    SUSAN FAZIO

    KELLER WILLIAMS TOWNE SQUARE REAL

  • H

    Buyer's Agent in 2014

    HONG PU

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3886843

Garden State MLS

APN: 02-08102-0000-00010

New Jersey Somerset County Basking Ridge 07920

58 Bernard Dr, Basking Ridge, NJ

Not Listed for Sale

Detached

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