M
Seller's Agent in 2021
MEGAN BONANNO
KL SOTHEBY'S INT'L. REALTY
7 Springfield Ln Basking Ridge, NJ 07920
Estimated Value: $1,166,000 - $1,222,000
4
Beds
2.5
Baths
--
Sq Ft
$580/mo
HOA Fee
Highlights
- On Golf Course
- Private Pool
- Wood Flooring
- Mount Prospect Elementary School Rated A
- Clubhouse
- Main Floor Bedroom
About This Home
As of June 2021Extraordinary end-unit townhome is completely renovated and backs up to lush green golf course! Spacious entry leads to inviting living room rich with natural light. Dining room provides elegant setting for special celebrations. Convenient first floor master, ensuite with updated bath, boasts high ceiling and bright reading nook. Luxurious white kitchen features quartz countertops, center island, and new stainless steel appliances. Enjoy panoramic views of golf course from eat-in-kitchen. There s a fluid open concept between kitchen and family room- where cathedral ceiling, wood burning fireplace, and entrance to back stone patio create splendid ambience for gatherings. Upstairs are three sizable bedrooms and versatile loft area, basement offers additional storage, and garage has outlet to charge car.
Last Agent to Sell the Property
MEGAN BONANNO
KL SOTHEBY'S INT'L. REALTY Listed on: 03/22/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,802
Year Built
- Built in 1998
Lot Details
- On Golf Course
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $580 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Composition Shingle Roof
- Tile
Interior Spaces
- High Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Loft
- Utility Room
- Laundry Room
- Wood Flooring
- Attic
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Trash Compactor
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Soaking Tub
- Separate Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
Outdoor Features
- Private Pool
- Patio
Schools
- Mtprospect Elementary School
- W Annin Middle School
- Ridge High School
Utilities
- Forced Air Heating and Cooling System
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2702-09902-0000-00050-0000-
- Tax Block *
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, snow removal
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Jogging Path
Pet Policy
- Pets Allowed
Additional Features
- Clubhouse
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2021
Closed on
Jun 7, 2021
Sold by
Kuo Richard and Chang Shirley
Bought by
Chan Siu Fung and Leung Hung Lin
Seller's Agent
MEGAN BONANNO
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Jaime Luongo
WEICHERT REALTORS
List Price
$899,999
Sold Price
$849,000
Premium/Discount to List
-$50,999
-5.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,084
Avg. Annual Appreciation
8.13%
Original Mortgage
$504,000
Outstanding Balance
$455,986
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$720,355
Purchase Details
Listed on
Jan 11, 2019
Closed on
Mar 26, 2019
Sold by
Marder Walter S and Estate Of Frederick R Marder
Bought by
Kuo Richard and Chang Shirley
Seller's Agent
MEGAN BONANNO
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
MEGAN BONANNO
KL SOTHEBY'S INT'L. REALTY
List Price
$830,000
Sold Price
$773,000
Premium/Discount to List
-$57,000
-6.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$579,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2010
Sold by
Mardev May R and Mardev Frederick R
Bought by
Mardev Frederick R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 1998
Sold by
The Hills Devt
Bought by
Marder May and Marder Frederick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.92%
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 Siu Fung | $849,000 | Penn Land Transfer Company | |
| Kuo Richard | $773,000 | Chicago Title Insurance Co | |
| Mardev Frederick R | -- | None Available | |
| Marder May | $492,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chan Siu Fung | $504,000 | |
| Previous Owner | Kuo Richard | $579,750 | |
| Previous Owner | Marder Frederick R | $240,000 | |
| Previous Owner | Marder Frederick R | $240,000 | |
| Previous Owner | Marder Frederick R | $24,000 | |
| Previous Owner | Marder May | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $849,000 | 0.0% | -- |
| 05/07/2021 05/07/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | Price Changed | $849,000 | -5.7% | -- |
| 03/31/2021 03/31/21 | For Sale | $899,999 | +16.4% | -- |
| 03/29/2019 03/29/19 | Sold | $773,000 | -6.9% | -- |
| 02/22/2019 02/22/19 | Pending | -- | -- | -- |
| 01/11/2019 01/11/19 | For Sale | $830,000 | -- | -- |
Source: Garden State MLS
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 | $16,324 | $917,600 | $287,900 | $629,700 |
| 2023 | $16,757 | $888,500 | $301,600 | $586,900 |
| 2022 | $17,122 | $851,400 | $301,600 | $549,800 |
| 2021 | $16,785 | $795,500 | $303,900 | $491,600 |
| 2020 | $16,802 | $802,400 | $309,400 | $493,000 |
| 2019 | $16,357 | $804,200 | $309,400 | $494,800 |
| 2018 | $16,184 | $807,200 | $309,400 | $497,800 |
| 2017 | $16,173 | $813,100 | $309,400 | $503,700 |
| 2016 | $16,256 | $833,200 | $323,500 | $509,700 |
| 2015 | $16,298 | $850,600 | $335,000 | $515,600 |
| 2014 | $16,286 | $842,100 | $335,000 | $507,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Jaime Luongo
WEICHERT REALTORS
(908) 565-3559
17 in this area
62 Total Sales
-
R
Seller Co-Listing Agent in 2019
ROBERT MAGUIRE
KL SOTHEBY'S INT'L. REALTY
Map
Source: Garden State MLS
MLS Number: 3699432
APN: 02-09902-0000-00050
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