6 Magnolia Path Unit 88 Basking Ridge, NJ 07920
Estimated Value: $593,000 - $649,000
2
Beds
3
Baths
1,658
Sq Ft
$378/Sq Ft
Est. Value
About This Home
This home is located at 6 Magnolia Path Unit 88, Basking Ridge, NJ 07920 and is currently estimated at $626,283, approximately $377 per square foot. 6 Magnolia Path Unit 88 is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 8, 2011
Sold by
Cho Dong Ik and Cho Jong Wan
Bought by
Chan Irene
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$15,980
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$614,570
Purchase Details
Closed on
Jul 16, 1996
Sold by
Rappaport Jean
Bought by
Cho Dong and Cho Jong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.28%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Chan Irene | $410,000 | Multiple | |
Cho Dong | $220,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Chan Irene | $150,000 | |
Previous Owner | Cho Jong Wan | $126,000 | |
Previous Owner | Cho Dong | $132,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,980 | $561,000 | $175,000 | $386,000 |
2023 | $10,020 | $531,300 | $175,000 | $356,300 |
2022 | $10,200 | $507,200 | $175,000 | $332,200 |
2021 | $9,107 | $431,600 | $175,000 | $256,600 |
2020 | $8,994 | $429,500 | $175,000 | $254,500 |
2019 | $8,449 | $415,400 | $175,000 | $240,400 |
2018 | $8,433 | $420,600 | $175,000 | $245,600 |
2017 | $8,473 | $426,000 | $180,000 | $246,000 |
2016 | $8,368 | $428,900 | $180,000 | $248,900 |
2015 | $8,080 | $421,700 | $170,000 | $251,700 |
2014 | $7,881 | $407,500 | $170,000 | $237,500 |
Source: Public Records
Map
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