NOT LISTED FOR SALE

8 Springfield Ln Basking Ridge, NJ 07920

Estimated Value: $1,259,765 - $1,389,000

3 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold November 23, 2015

Last sale price $950,000

Est. 42% increase in value since last sale

Current estimated payment $8,876/month

About This Home

As of November 2015

This home is located at 8 Springfield Ln, Basking Ridge, NJ 07920 since 23 November 2015 and is currently estimated at $1,353,691. This property was built in 1998. 8 Springfield Ln is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Chantal Konicek

BHHS FOX & ROACH Brokerage Phone: 908-766-9300 Listed on: 11/23/2015

BHHS FOX & ROACH

Last Buyer's Agent

KATHY ROCKWELL

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,996

Year Built

  • Built in 1998

Lot Details

  • 6,970 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,996

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Somerset
  • Street Number Display: 8
  • I D: 4560453
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-766-9300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Lot Info

  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Nov 18, 2015
Sold by
Ayer Raghavan and Ayer Uma
Bought by
Rizzuto Richard and Rizzuto Theresa
Seller's Agent
Chantal Konicek
BHHS FOX & ROACH
Buyer's Agent
KATHY ROCKWELL
COLDWELL BANKER REALTY
Sold Price
$950,000
Current Estimated Value
$1,353,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,691
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Sorvino Ronald
Bought by
Ayer Raghavan and Ayer Uma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.32%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Devt Hills
Bought by
Sorvino Ronald and Sorvino Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,600
Interest Rate
6.84%
Source: Public Records

Range of Values:

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
Rizzuto Richard $950,000 First Legacy Group Title & A
Ayer Raghavan $1,050,000 --
Sorvino Ronald $637,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayer Raghavan $252,000
Previous Owner Ayer Raghavan $50,000
Previous Owner Ayer Raghavan $375,000
Previous Owner Ayer Raghavan $750,000
Previous Owner Sorvino Ronald $509,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2015 11/23/15 Sold $950,000 -- --
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 $17,996 $1,011,600 $300,700 $710,900
2023 $18,317 $971,200 $300,700 $670,500
2022 $18,680 $928,900 $300,700 $628,200
2021 $18,760 $889,100 $302,600 $586,500
2020 $18,572 $886,900 $308,100 $578,800
2019 $18,668 $917,800 $308,100 $609,700
2018 $18,364 $915,900 $308,100 $607,800
2017 $18,360 $923,100 $308,100 $615,000
2016 $18,423 $944,300 $322,100 $622,200
2015 $18,340 $957,200 $333,600 $623,600
2014 $18,613 $962,400 $348,100 $614,300
Source: Public Records

Agents Affiliated with this Home

  • Chantal Konicek

    Seller's Agent in 2015

    Chantal Konicek

    BHHS FOX & ROACH

    (908) 612-0862

    53 in this area

    96 Total Sales

    Section Image

  • K

    Buyer's Agent in 2015

    KATHY ROCKWELL

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3246144

Garden State MLS

APN: 02-09902-0000-00047

New Jersey Somerset County Basking Ridge 07920

8 Springfield Ln, Basking Ridge, NJ

This home is located at 8 Springfield Ln, Basking Ridge, NJ 07920 since 23 November 2015 and is currently estimated at $1,353,691. This property was built in 1998. 8 Springfield Ln is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

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