NOT LISTED FOR SALE

7 Ross Ln Basking Ridge, NJ 07920

Estimated Value: $1,217,000 - $1,536,000

4 Beds
5 Baths
-- Sq Ft
0.61 Acres

Last Sold September 21, 2012

Last sale price $1,080,000

Est. 34% increase in value since last sale

Current estimated payment $9,475/month

About This Home

As of September 2012

This home is located at 7 Ross Ln, Basking Ridge, NJ 07920 since 21 September 2012 and is currently estimated at $1,445,258. This property was built in 1996. 7 Ross Ln 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

Yassaman H. Azizi

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 09/21/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

JINSOOK NAMKUNG

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,378

Year Built

  • Built in 1996

Lot Details

  • 0.61 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,378

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Somerset
  • Street Number Display: 7
  • I D: 4248383
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.61AC
  • Total Acres: 0.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Sep 21, 2012
Sold by
Zangara Joseph and Netta Denise
Bought by
Xu Kai and Zhang Yugen
Seller's Agent
Yassaman H. Azizi
COLDWELL BANKER REALTY
Buyer's Agent
JINSOOK NAMKUNG
WEICHERT REALTORS
Sold Price
$1,080,000
Current Estimated Value
$1,445,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,258
Avg. Annual Appreciation
2.26%
Original Mortgage
$864,000
Outstanding Balance
$137,997
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,307,261

Purchase Details

Closed on
May 15, 2003
Sold by
Valasquez Prima
Bought by
Zangara Joseph and Netta Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
5.86%

Purchase Details

Closed on
Oct 4, 1996
Sold by
Bernards Chase Lp
Bought by
Velasquez Jesus and Velasquez Prima

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
Interest Rate
7.9%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Xu Kai $1,080,000 None Available
Zangara Joseph $810,000 --
Velasquez Jesus $526,135 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Kai $864,000
Previous Owner Zangara Joseph $648,000
Previous Owner Velasquez Jesus $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $1,080,000 -- --
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
2025 $21,378 $1,328,800 $458,500 $870,300
2024 $21,378 $1,201,700 $381,800 $819,900
2023 $20,859 $1,106,000 $381,800 $724,200
2022 $20,211 $1,005,000 $366,000 $639,000
2021 $14,969 $945,000 $366,000 $579,000
2020 $19,772 $944,200 $366,000 $578,200
2019 $19,899 $978,300 $366,000 $612,300
2018 $19,721 $983,600 $371,300 $612,300
2017 $20,550 $1,033,200 $381,800 $651,400
2016 $20,406 $1,045,900 $387,000 $658,900
2015 $20,409 $1,065,200 $397,500 $667,700
2014 $19,974 $1,032,800 $345,000 $687,800
Source: Public Records

Agents Affiliated with this Home

  • Yassaman H. Azizi

    Seller's Agent in 2012

    Yassaman H. Azizi

    COLDWELL BANKER REALTY

    (908) 305-2099

    25 in this area

    39 Total Sales

    Yassaman H. Azizi
    Section Image

  • J

    Buyer's Agent in 2012

    JINSOOK NAMKUNG

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 2955302

Garden State MLS

APN: 02-09703-0000-00018

New Jersey Somerset County Basking Ridge 07920

7 Ross Ln, Basking Ridge, NJ

This home is located at 7 Ross Ln, Basking Ridge, NJ 07920 since 21 September 2012 and is currently estimated at $1,445,258. This property was built in 1996. 7 Ross Ln 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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