NOT LISTED FOR SALE

71 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $375,000 - $398,000

1 Bed
1 Bath
-- Sq Ft
348 Sq Ft Lot

Last Sold November 01, 2024

Last sale price $380,000

Est. 1% increase in value since last sale

Current estimated payment $2,443/month

14 Days on Market

About This Home

As of November 2024

This home is located at 71 Commonwealth Dr, Basking Ridge, NJ 07920 since 21 August 2024 and is currently estimated at $384,379. 71 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

DAVID CASTELLANO

BHHS FOX & ROACH Brokerage Phone: 732-469-1515 Listed on: 08/21/2024

Last Buyer's Agent

Anil Aggarwal

VYLLA HOME

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,120

Lot Details

  • 348

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,120

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5307668
  • Attribution Contact: 732-469-1515
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: WASHINGTON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 30, 2024
Sold by
Oberman Martin and Oberman Janet
Bought by
Choudhury Abhishek and Choudhury Shakuntala
Seller's Agent
DAVID CASTELLANO
BHHS FOX & ROACH
Buyer's Agent
Anil Aggarwal
VYLLA HOME
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%
Views
28
Current Estimated Value
$384,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,379
Avg. Annual Appreciation
1.05%
Original Mortgage
$247,000
Outstanding Balance
$244,686
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$139,693

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 30, 2022
Sold by
Krasovsky Andrew
Bought by
Oberman Martin and Oberman Janet
Seller's Agent
KATHLEEN BOYD
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
DAVID CASTELLANO
BHHS FOX & ROACH
List Price
$270,000
Sold Price
$275,000
Premium/Discount to List
$5,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%

Purchase Details

Listed on
Dec 23, 2013
Closed on
Dec 14, 2013
Sold by
Pingali Subbarao and Pingali Padmini
Bought by
Krasovsky Andrew
Buyer's Agent
MARJORIE T. BROWN
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$213,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$138,500
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2003
Sold by
Monticello Joseph
Bought by
Pingali Subbarao and Pingali Padmini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.02%

Purchase Details

Closed on
Feb 22, 2001
Sold by
Bove Sharon
Bought by
Monticello Joe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Choudhury Abhishek $380,000 Foundation Title
Choudhury Abhishek $380,000 Foundation Title
Choudhury Abhishek $380,000 Foundation Title
Oberman Martin $275,000 --
Oberman Martin $275,000 None Listed On Document
Krasovsky Andrew $213,500 Surety Title Co
Pingali Subbarao $235,000 --
Monticello Joe $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choudhury Abhishek $247,000
Closed Choudhury Abhishek $247,000
Previous Owner Krasovsky Andrew $138,500
Previous Owner Pingali Subbarao $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $380,000 +8.6% --
09/04/2024 09/04/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $350,000 +27.3% --
10/04/2022 10/04/22 Sold $275,000 +1.9% -- View Prior Sale
08/20/2022 08/20/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $270,000 +26.5% --
12/23/2013 12/23/13 Sold $213,500 -- -- View Prior Sale
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 $5,120 $310,900 $140,000 $170,900
2024 $5,120 $287,800 $124,000 $163,800
2023 $4,873 $258,400 $124,000 $134,400
2022 $4,625 $230,000 $120,000 $110,000
2021 $4,676 $221,600 $120,000 $101,600
2020 $4,458 $212,900 $115,000 $97,900
2019 $4,210 $207,000 $125,000 $82,000
2018 $4,110 $205,000 $123,000 $82,000
2017 $4,097 $206,000 $123,000 $83,000
2016 $3,972 $203,600 $123,000 $80,600
2015 $3,863 $201,600 $120,000 $81,600
2014 -- $202,500 $120,000 $82,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3920074

Garden State MLS

APN: 02-08603-0000-00071-0000-CONDO