NOT LISTED FOR SALE

93 Independence Dr Basking Ridge, NJ 07920

Estimated Value: $1,614,000 - $1,775,000

4 Beds
4.5 Baths
-- Sq Ft
0.48 Acres

Last Sold November 09, 2020

Last sale price $1,130,000

Est. 49% increase in value since last sale

Current estimated payment $11,277/month

98 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Attached Garage
  • Walk-In Closet
  • Mount Prospect Elementary School Rated A
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2020

Amazing value!! Top rated school systems!! Toll Brother's exclusive Sterling Williamsburg model, located in the extremely desirable neighborhood of Basking Ridge. This beautiful center hall colonial, set in the private Independence Hill community, comes with an open floor plan, high ceilings, three car garage, central vac system, grand entrance foyer, spacious eat in kitchen with center isle, and fully finished walkout basement. Enjoy luxury living in this 4/5 bedroom, 4 1/2 bath mansion complete with grand master ensuite. You will love the beautiful Belgian stone outdoor patio and private backyard! The Hills community comes with access to Pool, Tennis, Basketball, Gym, and Recreation Center. Check out the Link for the video tour!

Last Agent to Sell the Property

Kunal Hingorani

VYLLA HOME Listed on: 06/02/2020

Last Buyer's Agent

Yassaman H. Azizi

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,553

Year Built

  • Built in 1998

Lot Details

  • 0.48 Acre Lot
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Underground Utilities

Additional Features

  • Family Room with Fireplace
  • Patio

Community Details

  • Association fees include maintenance-common area

Listing and Financial Details

  • Assessor Parcel Number 2702-10202-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,553

Year Built

Built in 1998

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1998
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 93
  • Directions: Google Maps
  • I D: 4986101
  • Modified: 2021-11-10
  • Number Images: 22
  • Section Subdiv Development: Independence Hills
  • First Name: KUNAL
  • First Name3: YASSAMAN H.
  • Last Name: HINGORANI
  • Last Name3: AZIZI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Microwave Oven, Refrigerator, OvnWElec
  • Number Rooms: 15
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Bath(s) Other, Walkout
  • Kitchen Area: Eat-In Kitchen
  • Phone: 856-206-0413

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 38
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area

Lot Info

  • Lot Size: 0.48AC
  • Assessed Improvement Value: 773600
  • Assessed Land Value: 384400
  • Assessment: 1158000
  • Easement: Unknown
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.48

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 23553
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10202-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Nov 5, 2020
Sold by
Gurnani Vinod M and Gurnani Sangeeta
Bought by
Kotamaraju Rahul V and Chinchanikar Rasika D
Seller's Agent
Kunal Hingorani
VYLLA HOME
Buyer's Agent
Yassaman H. Azizi
COLDWELL BANKER REALTY
List Price
$1,274,900
Sold Price
$1,130,000
Premium/Discount to List
-$144,900
-11.37%
Current Estimated Value
$1,689,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,254
Avg. Annual Appreciation
8.90%
Original Mortgage
$763,000
Outstanding Balance
$685,129
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,017,395

Purchase Details

Closed on
Oct 14, 1998
Sold by
Hill Independence
Bought by
Gurnani Vinod and Gurnanl Sangeeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.8%
Source: Public Records

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
Kotamaraju Rahul V $1,130,000 Fidelity National Ttl Ins Co
Kotamaraju Rahul V $1,130,000 Fidelity National Title
Gurnani Vinod $586,121 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotamaraju Rahul V $763,000
Closed Kotamaraju Rahul V $763,000
Closed Kotamaraju Rahul V $247,000
Previous Owner Gurnani Vinod M $200,000
Previous Owner Gurnani Vinod $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $1,130,000 -1.3% --
09/08/2020 09/08/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $1,144,400 -4.3% --
06/30/2020 06/30/20 Price Changed $1,195,900 -6.2% --
06/02/2020 06/02/20 For Sale $1,274,900 -- --
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 $24,641 $1,385,100 $399,400 $985,700
2023 $24,312 $1,289,100 $399,400 $889,700
2022 $23,418 $1,164,500 $399,400 $765,100
2021 $22,662 $1,076,100 $384,400 $691,700
2020 $23,306 $1,113,000 $384,400 $728,600
2019 $23,554 $1,158,000 $384,400 $773,600
2018 $23,314 $1,162,800 $389,200 $773,600
2017 $23,074 $1,160,100 $389,200 $770,900
2016 $21,984 $1,126,800 $384,400 $742,400
2015 $22,249 $1,161,200 $409,200 $752,000
2014 $22,111 $1,143,300 $409,200 $734,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3636925

Garden State MLS

APN: 02-10202-0000-00003