NOT LISTED FOR SALE

74 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $705,000 - $848,000

3 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $625,000

Est. 24% increase in value since last sale

Current estimated payment $4,896/month

12 Days on Market

About This Home

As of August 2023

This home is located at 74 Commonwealth Dr, Basking Ridge, NJ 07920 since 07 May 2023 and is currently estimated at $772,656. This property was built in 1987. 74 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

Kevin Boyles

RE/MAX PREFERRED PROFESSIONALS Brokerage Phone: 908-685-0700 Listed on: 05/07/2023

RE/MAX PREFERRED PROFESSIONALS

Last Buyer's Agent

Jiali Diane Chen

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • I D: 5218878
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.23AC
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Aug 14, 2023
Sold by
Ramazzotto Susan A
Bought by
Zhang Siwei and Jiang Xinyin
Seller's Agent
Kevin Boyles
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
Jiali Diane Chen
COLDWELL BANKER REALTY
List Price
$574,900
Sold Price
$625,000
Premium/Discount to List
$50,100
8.71%
Views
124
Current Estimated Value
$772,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,656
Avg. Annual Appreciation
8.82%
Original Mortgage
$310,000
Outstanding Balance
$303,131
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$469,525

Purchase Details

Listed on
May 30, 2012
Closed on
May 18, 2012
Sold by
Kesby Kevin A
Bought by
Ramazzotto Susan A
Seller's Agent
Kevin Boyles
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
Kevin Boyles
RE/MAX PREFERRED PROFESSIONALS
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$348,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2007
Sold by
Miller James I and Miller Patricia E
Bought by
Kesby Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1998
Sold by
Nazzaro Frank
Bought by
Miller James and Miller Patricia

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
6.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Zhang Siwei $625,000 None Listed On Document
Zhang Siwei $625,000 None Listed On Document
Ramazzotto Susan A $435,000 None Available
Kesby Kevin A $515,000 None Available
Miller James $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Siwei $310,000
Closed Zhang Siwei $310,000
Previous Owner Ramazzotto Susan A $348,000
Previous Owner Kesby Kevin A $412,000
Previous Owner Miller James $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $625,000 +8.7% --
05/25/2023 05/25/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $574,900 +32.2% --
05/30/2012 05/30/12 Sold $435,000 -- -- View Prior Sale
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
2025 $10,612 $639,300 $274,600 $364,700
2024 $10,612 $596,500 $236,500 $360,000
Source: Public Records

Agents Affiliated with this Home

  • Kevin Boyles

    Seller's Agent in 2023

    Kevin Boyles

    RE/MAX

    (908) 334-4433

    1 in this area

    26 Total Sales

    Kevin Boyles
    Section Image
  • Jiali Diane Chen

    Buyer's Agent in 2023

    Jiali Diane Chen

    COLDWELL BANKER REALTY

    (908) 462-4617

    4 in this area

    66 Total Sales

    Jiali Diane Chen
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3842335

Garden State MLS

APN: 02-08602-0000-00107

New Jersey Somerset County Basking Ridge 07920

74 Commonwealth Dr, Basking Ridge, NJ

Not Listed for Sale

Detached

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