NOT LISTED FOR SALE

6 Magnolia Path Unit 88 Basking Ridge, NJ 07920

Estimated Value: $615,198 - $643,000

2 Beds
3 Baths
1,658 Sq Ft
$380/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 $630,550, approximately $380 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
$630,550

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
$18,055
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$612,049

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%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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

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 $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

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