Seller's Agent in 2019
MARY LICATA
TURPIN REAL ESTATE, INC.
(908) 442-3434
6 in this area
88 Total Sales
79 Summit Dr Basking Ridge, NJ 07920
Estimated Value: $1,616,000 - $1,713,563
6
Beds
4
Baths
3,806
Sq Ft
$439/Sq Ft
Est. Value
Highlights
- Home Theater
- Colonial Architecture
- Deck
- Cedar Hill Elementary School Rated A
- Conservatory Room
- Family Room with Fireplace
About This Home
As of August 2019Updated Custom 6 bdrm/4 bath home in desirable B Ridge neighborhood. Current owners have updated many rooms incl completely remodeled 1900 sq ft +/- lower level WO w/media room, 2 bdrms, full bath. Custom Center Hall Colonial w/open concept living. Soaring ceiling family room w/wood beam, skylights & hardwood is open to the kitchen & breakfast room & glass walled Sun Room. Sun Rm w/views & skylights runs along entire rear of home. Many architectural details. DR & LR hardwood. LR w/fireplace leads to a study which can easily serve as a 1st floor bedrm adjacent to newly refreshed full bath. Master bdrm suite w/2 outfitted WICs & large bath. 3 bdrms all w/hardwood & updated hall bath are up. Newly finished impressive wo lower level offers perfect multi-generational living includes
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,612
Year Built
- Built in 1989
Lot Details
- 0.66 Acre Lot
- Open Lot
- Wooded Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Paver Block
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Tile
Interior Spaces
- 3,806 Sq Ft Home
- Wet Bar
- High Ceiling
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Theater
- Home Office
- Recreation Room
- Conservatory Room
- Utility Room
- Laundry Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- 4 Full Bathrooms
- Soaking Tub
- Separate Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Gazebo
Schools
- Cedar Hill Elementary School
- W Annin Middle School
- Ridge High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Two Cooling Systems Mounted To A Wall/Window
Listing and Financial Details
- Assessor Parcel Number 2702-06801-0000-00010-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2019
Closed on
Aug 21, 2019
Sold by
Hughes Robert M and Hughes Carrie C
Bought by
Romano Francis and Romano Megan
Seller's Agent
MARY LICATA
TURPIN REAL ESTATE, INC.
Buyer's Agent
Edward Toombs
COLDWELL BANKER REALTY
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
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
$622,141
Avg. Annual Appreciation
7.90%
Original Mortgage
$737,500
Outstanding Balance
$647,312
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,024,829
Purchase Details
Closed on
Feb 23, 2015
Sold by
Hughes Robert and Hughes Carrie
Bought by
Hughes Robert M and Hughes Carrie C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 2014
Sold by
Taneja Om and Taneja Indra
Bought by
Hughes Robert and Hughes Carrie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,780
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Romano Francis | $1,050,000 | Catic Title Insurance Co | |
| Hughes Robert M | -- | Attorney | |
| Hughes Robert | $875,400 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Romano Francis | $737,500 | |
| Previous Owner | Hughes Robert M | $612,000 | |
| Previous Owner | Hughes Robert | $612,780 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2019 08/19/19 | Sold | $1,050,000 | -12.1% | $276 / Sq Ft |
| 06/22/2019 06/22/19 | Pending | -- | -- | -- |
| 03/13/2019 03/13/19 | For Sale | $1,195,000 | -- | $314 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $24,296 | $1,442,500 | $466,800 | $975,700 |
| 2024 | $24,296 | $1,365,700 | $406,800 | $958,900 |
| 2023 | $24,601 | $1,304,400 | $406,800 | $897,600 |
| 2022 | $23,541 | $1,170,600 | $391,800 | $778,800 |
| 2021 | $21,054 | $997,800 | $373,500 | $624,300 |
| 2020 | $20,236 | $966,400 | $373,500 | $592,900 |
| 2019 | $19,386 | $953,100 | $351,300 | $601,800 |
| 2018 | $18,612 | $928,300 | $351,300 | $577,000 |
| 2017 | $19,041 | $957,300 | $351,300 | $606,000 |
| 2016 | $19,007 | $974,200 | $360,800 | $613,400 |
| 2015 | $18,800 | $981,200 | $360,800 | $620,400 |
| 2014 | $20,069 | $1,037,700 | $383,500 | $654,200 |
Source: Public Records
Agents Affiliated with this Home
-
MARY LICATA
-
Edward Toombs
E
Buyer's Agent in 2019
Edward Toombs
COLDWELL BANKER REALTY
(908) 625-3526
12 in this area
39 Total Sales
Map
Source: Garden State MLS
MLS Number: 3538568
APN: 02-06801-0000-00010
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