$773,000
SOLD MAR 29, 2019

7 Springfield Ln Basking Ridge, NJ 07920

4 Beds
2.5 Baths
-- Sq Ft
$550/mo HOA Fee

Recently Sold

7% Below List Price

42 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Clubhouse
  • Mount Prospect Elementary School Rated A
  • Private Pool
  • Cathedral Ceiling

About This Home

As of June 2021

This four bedroom end unit is flooded with natural light, open, and overlooks breathtaking views of the golf course. The first floor master suite boasts high ceilings, walk in closets, and hardwood floors. Property highlights include an eat-in-kitchen with center island, cathedral ceilings, two story foyer and a wood burning fireplace. Close to amenities like tennis courts, pools and a clubhouse, this townhome epitomizes convenient and luxury living. This home lies within one of NJ's highest-ranking school systems and has easy access to major highways and NJ Transit.

Last Agent to Sell the Property

MEGAN BONANNO

KL SOTHEBY'S INT'L. REALTY

Co-Listed By

ROBERT MAGUIRE

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

MEGAN BONANNO

KL SOTHEBY'S INT'L. REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,184

Year Built

  • 1998

Lot Details

  • On Golf Course
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Shingle Roof

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Loft
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

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-exterior, snow removal, trash collection, maintenance-common area
  • $285 Other One-Time Fees

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,184

Year Built

1998

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 7
  • Directions: Allen Rd. to Amherst Dr. left onto Witherspoon Ln. left onto Benedict Crescent left onto Dickinson Rd. right onto Springfield Ln.
  • I D: 4861584
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Amherst Mews
  • First Name: MEGAN
  • First Name2: ROBERT
  • First Name3: MEGAN
  • Last Name: BONANNO
  • Last Name2: MAGUIRE
  • Last Name3: BONANNO
  • Office Phone2: 908-696-8600
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 1998

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: CookElec, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 21x12
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Dim: 19x14
  • Other Room1 Level: Second
  • Level 1 Rooms: 1 Bedroom, Laundry Room, Foyer, Living Room, Dining Room, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Loft, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Underground Lawn Sprinkler, Patio, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Exercise Room, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 550
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 285

Schools

  • Elementary School: MTPROSPECT
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .21AC
  • Assessed Improvement Value: 497800
  • Assessed Land Value: 309400
  • Assessment: 807200
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Cul-De-Sac
  • Lot Identifier: 50
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21

Rental Info

  • Application Fee: 1100
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16184
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09902-0000-00050-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: MTPROSPECT

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%
Total Days on Market
42
Current Estimated Value
$1,176,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,341
Avg. Annual Appreciation
8.63%
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%

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $849,000 Penn Land Transfer Company
Deed $773,000 Chicago Title Insurance Co
Deed -- None Available
Deed $492,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $504,000 New Conventional
Previous Owner $579,750 New Conventional
Previous Owner $240,000 Adjustable Rate Mortgage/ARM
Previous Owner $240,000 New Conventional
Previous Owner $24,000 Future Advance Clause Open End Mortgage
Previous Owner $175,000 No Value Available
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

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

Source: Garden State MLS

MLS Number: 3524620

Garden State MLS

APN: 02-09902-0000-00050