Seller's Agent in 2020
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
(908) 672-2055
41 in this area
764 Total Sales
86 Commonwealth Dr Basking Ridge, NJ 07920
Estimated Value: $700,000 - $738,000
3
Beds
2.5
Baths
--
Sq Ft
$48/mo
HOA Fee
Highlights
- Clubhouse
- Recreation Room
- Main Floor Bedroom
- Cedar Hill Elementary School Rated A
- Cathedral Ceiling
- Community Pool
About This Home
As of May 2020Beautiful light & bright duplex w updated KIT & baths, 1st floor mstr suite, loft, fin basement, lovely covered porch & patio on a property that backs up to woodland in sought after Spring Ridge! Soaring ceilings & skylights create a wonderful entry to the open formal areas of this home w frplc & front to back wndws & sliders that fill the space w natural light. The KIT is so functional w a nice prep spot or breakfast bar, white applncs & an abundance of cabinets for all your chef gadgets! A 1st floor mstr suite creates the ease of one level living & includes an updated bth w oversized shwr w barn door style glass doors. Upstairs, is a versatile loft, 2 bdrms & full bth. Convenient location to major hghwys, shopping, rec & all Spring Ridge has to offer-tennis, pool, playground & clubhouse w gym!
Last Agent to Sell the Property
KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 06/01/2019
Last Buyer's Agent
MICHAEL PRETER
KELLER WILLIAMS TOWNE SQUARE REAL
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,509
Year Built
- Built in 1987 | Remodeled
Lot Details
- 6,098
HOA Fees
- $48 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Vinyl Siding
- Tile
Interior Spaces
- Cathedral Ceiling
- Skylights
- Thermal Windows
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Storage Room
- Utility Room
- Wall to Wall Carpet
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Powder Room
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
- Porch
Schools
- Cedar Hill Elementary School
- W Annin Middle School
- Ridge High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Underground Utilities
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2702-08602-0000-00101-0000-
- Tax Block *
Community Details
Recreation
- Community Playground
- Community Pool
Pet Policy
- Cats Allowed
Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- Clubhouse
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2019
Closed on
May 14, 2020
Sold by
Gamhino Thomas J and Gamhino Patricia A
Bought by
Vasudeva Sudhir
Seller's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MICHAEL PRETER
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
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
$247,718
Avg. Annual Appreciation
8.33%
Original Mortgage
$352,500
Outstanding Balance
$250,165
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$467,553
Purchase Details
Closed on
Jan 12, 2005
Sold by
Mcilquham Betty D
Bought by
Gambino Thomas J and Gambino Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.81%
Purchase Details
Closed on
Sep 28, 2001
Sold by
Lemond Joseph
Bought by
Mcilquham Betty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.93%
Purchase Details
Closed on
Nov 29, 1995
Sold by
Pulcino Louis
Bought by
Lemond Joe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.37%
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 |
|---|---|---|---|
| Vasudeva Sudhir | $470,000 | Commonwealth Title | |
| Gambino Thomas J | $479,900 | -- | |
| Mcilquham Betty | $350,000 | -- | |
| Lemond Joe | $215,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vasudeva Sudhir | $352,500 | |
| Previous Owner | Gambino Thomas J | $375,000 | |
| Previous Owner | Gambino Thomas | $339,000 | |
| Previous Owner | Gambino Thomas J | $348,000 | |
| Previous Owner | Gambino Thomas J | $348,000 | |
| Previous Owner | Gambino Thomas J | $348,800 | |
| Previous Owner | Mcilquham Betty | $280,000 | |
| Previous Owner | Lemond Joe | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2020 05/18/20 | Sold | $470,000 | -3.1% | -- |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- |
| 10/02/2019 10/02/19 | Price Changed | $485,000 | -7.6% | -- |
| 06/01/2019 06/01/19 | For Sale | $525,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $9,909 | $557,000 | $232,500 | $324,500 |
| 2023 | $10,162 | $538,800 | $232,500 | $306,300 |
| 2022 | $9,946 | $494,600 | $232,500 | $262,100 |
| 2021 | $10,010 | $474,400 | $232,500 | $241,900 |
| 2020 | $9,618 | $459,300 | $229,500 | $229,800 |
| 2019 | $9,670 | $475,400 | $229,500 | $245,900 |
| 2018 | $9,510 | $474,300 | $229,500 | $244,800 |
| 2017 | $9,195 | $462,300 | $229,500 | $232,800 |
| 2016 | $8,762 | $449,100 | $229,500 | $219,600 |
| 2015 | $8,549 | $441,100 | $229,500 | $211,600 |
| 2014 | $8,131 | $420,400 | $229,500 | $190,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Klug
-
M
Buyer's Agent in 2020
MICHAEL PRETER
KELLER WILLIAMS TOWNE SQUARE REAL
Map
Source: Garden State MLS
MLS Number: 3561709
APN: 02-08602-0000-00101
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