NOT LISTED FOR SALE

72 Commonwealth Dr Unit 12 Basking Ridge, NJ 07920

Estimated Value: $445,000 - $490,000

3 Beds
2 Baths
1,332 Sq Ft
$359/mo HOA Fee

Last Sold April 22, 2021

Last sale price $356,000 $267 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,570/month

34 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Kitchen Island
  • Cedar Hill Elementary School Rated A
  • Butlers Pantry
  • Central Air

About This Home

As of April 2021

Your new home is a newly renovated 2nd floor condo that consists of two large bedrooms with closets and additional nicely sized room that can be used as an office/bedroom. It is the largest condo size available in Spring Ridge Association. A floor layout was changed to open space with a brand new kitchen with granite countertops, top of the line Samsung fingerprint-resistant black stainless steel appliances and a full pantry, spacious living room, dining room with a table seating 6+, two renovated bathrooms and a private balcony. Brand new LED dimmable lighting and new laminate floors. The open concept, comfortable layout and elegant decor make this renovated home exceptional.

Last Listed By

Ralph Harvey

LIST WITH FREEDOM.COM Listed on: 02/02/2021

LIST WITH FREEDOM.COM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 1987

Lot Details

  • 436

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Shared Driveway
  • Parking Garage Space

Home Design

  • 1,332 Sq Ft Home
  • Wood Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Tile

Kitchen

  • Butlers Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00072-0000-CONDO
  • Tax Block *

Community Details

Overview

  • $40 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,639

Year Built

Built in 1987

Lot Details

0

HOA Fees

$359 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Unknown
  • County Name: Somerset
  • Street Number Display: 72
  • Directions: From Spring Ridge Blvd. take turn to Commonwealth Dr.
  • I D: 5046048
  • Modified: 2022-04-23
  • Number Images: 24
  • Section Subdiv Development: SPRING RIDGE ASSOCIATION, W
  • First Name: RALPH M.
  • First Name3: FANNY
  • Last Name: HARVEY
  • Last Name3: NA CHUNG
  • Office Phone: 855-456-4945
  • Office Phone3: 973-251-0100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Floor Number: 2
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Area: Center Island, Pantry
  • Kitchen Dim: 07x11
  • Kitchen Level: Second
  • Living Room Dim: 19x25
  • Living Room Level: Second
  • Other Room 1: Utility Room
  • Estimated Sq Ft: 1332
  • Phone: 855-456-4945

Exterior Features

  • Exterior Description: Vinyl Siding, Wood
  • Exterior Features: Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Wood Shingle

Garage/Parking

  • Garage Description: Garage Parking
  • Number Garage Spaces: 1
  • Parking Driveway Description: Driveway-Shared

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 359
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: Monthly
  • Other Fees: 40

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 00x00
  • Assessed Improvement Value: 154300
  • Assessed Land Value: 115000
  • Assessment: 269300
  • Easement: Unknown
  • Lot Identifier: 72
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5639
  • Assessor Parcel Number: 2702-08603-0000-00072-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 22, 2021
Sold by
Pokoj Agnieszka
Bought by
Choi Soorim and Kim Hyunwha
Seller's Agent
Ralph Harvey
LIST WITH FREEDOM.COM
Buyer's Agent
Fanny Na-Chung
KELLER WILLIAMS SUBURBAN REALTY
List Price
$349,900
Sold Price
$356,000
Premium/Discount to List
$6,100
1.74%
Total Days on Market
34
Current Estimated Value
$471,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,077
Avg. Annual Appreciation
8.83%
Original Mortgage
$236,000
Outstanding Balance
$184,369
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$317,605

Purchase Details

Closed on
Apr 1, 2019
Sold by
Leong Ian and Leong Mrs Ian
Bought by
Pokoj Agnieszka

Purchase Details

Closed on
Nov 12, 2009
Sold by
Brandle Scott
Bought by
Leong Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Raymond Debra Lynn
Bought by
Brandle Scott

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 Buyer Sale Price Title Company
Choi Soorim $356,000 Sunnyside Title Agency
Pokoj Agnieszka $238,000 None Available
Leong Ian $276,000 First American Title Ins Co
Brandle Scott $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Soorim $236,000
Previous Owner Leong Ian $220,800
Previous Owner Brandle Scott $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $356,000 +1.7% $267 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $349,900 0.0% $263 / Sq Ft
03/01/2021 03/01/21 For Sale $349,900 +2.9% $263 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $340,000 -- $255 / Sq Ft
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
2024 $7,189 $404,100 $124,000 $280,100
2023 $7,120 $377,500 $124,000 $253,500
2022 $6,856 $340,900 $120,000 $220,900
2021 $6,765 $320,600 $120,000 $200,600
2020 $5,639 $269,300 $115,000 $154,300
2019 $5,711 $280,800 $125,000 $155,800
2018 $5,466 $272,600 $123,000 $149,600
2017 $5,521 $277,600 $123,000 $154,600
2016 $4,973 $254,900 $123,000 $131,900
2015 $4,941 $257,900 $120,000 $137,900
2014 $4,963 $256,600 $120,000 $136,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3690327

Garden State MLS

APN: 02-08603-0000-00072-0000-CONDO