NOT LISTED FOR SALE

62 Summit Dr Basking Ridge, NJ 07920

Estimated Value: $1,076,703 - $1,350,000

-- Bed
-- Bath
2,500 Sq Ft
$503/Sq Ft Est. Value

About This Home

This home is located at 62 Summit Dr, Basking Ridge, NJ 07920 and is currently estimated at $1,256,676, approximately $502 per square foot. 62 Summit Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2008
Sold by
Kenny Michael D and Kenny Louise M
Bought by
Moschello Richard and Moschello Carolyn
Current Estimated Value
$1,256,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1997
Sold by
Spingler Donald
Bought by
Kenny Michael and Kenny Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.36%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Moschello Richard $730,000 Record & Return Title Agency
Kenny Michael $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moschello Richard $75,000
Open Moschello Richard $300,000
Closed Moschello Richard $347,500
Previous Owner Moschello Richard $350,000
Previous Owner Kenny Michael $205,000
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 $17,566 $987,400 $401,500 $585,900
2023 $17,193 $911,600 $401,500 $510,100
2022 $17,307 $860,600 $386,500 $474,100
2021 $16,502 $782,100 $366,100 $416,000
2020 $16,352 $780,900 $366,100 $414,800
2019 $15,725 $773,100 $366,100 $407,000
2018 $15,697 $782,900 $366,100 $416,800
2017 $15,677 $788,200 $366,100 $422,100
2016 $15,670 $803,200 $376,100 $427,100
2015 $15,345 $800,900 $376,100 $424,800
2014 $14,754 $762,900 $376,100 $386,800
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

62 Summit Dr, Basking Ridge, NJ

This home is located at 62 Summit Dr, Basking Ridge, NJ 07920 and is currently estimated at $1,256,676, approximately $502 per square foot. 62 Summit Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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