NOT LISTED FOR SALE

97 Independence Dr Basking Ridge, NJ 07920

Estimated Value: $1,835,150 - $2,156,000

4 Beds
4.5 Baths
-- Sq Ft
0.49 Acres

Last Sold December 20, 2021

Last sale price $1,418,000

Est. 39% increase in value since last sale

Current estimated payment $12,484/month

10 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Conservatory Room
  • Mount Prospect Elementary School Rated A
  • Colonial Architecture
  • Clubhouse

About This Home

As of December 2021

This luxury Toll Brothers 4 bedroom, 4.1 bath center hall colonial is situated on a tranquil .49 acres with an open yard surrounded by trees for privacy. It offers abundant light, evident from the moment you enter the two-story foyer. Every finish & detail has been incorporated to make this house the ideal home, especially with today's lifestyle of live, work, play from home. The sleek, eat-in kitchen features high-end, stainless-steel appliances, abundant cabinet space, breakfast rm., center island & pantry. The kitchen, conservatory, living, dining, & family room are sun-drenched havens. The two-story family room offers walls of Palladian-style windows, a soaring brick fireplace, coffered ceiling, and rear staircase. The kitchen opens onto the deck w/garden views. The office is ideal for working from home. The second level features 4 bedrooms and three full baths. The stunning primary suite has two large walk-in closets, a luxury spa bathroom w/soaking tub, walk-in shower, custom tile, and separate water closet. Three additional and generously sized bedrooms have abundant closet/storage space. The finished basement is a wonderful third level of living space with an office/homework/craft room, full bath, custom bar, recreation room, and storage. The yard is a true oasis. Add top-tier schools, Hills amenities normally found at resorts, proximity to transportation and shopping, and it's clear that this home checks all the boxes! Don't miss this great opportunity!

Last Agent to Sell the Property

Marie Young

COLDWELL BANKER REALTY Listed on: 10/27/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Ann Marie Lukas

RE/MAX INSTYLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,442

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • Paver Block

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Clapboard
  • Tile

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Conservatory Room
  • Storage Room
  • Laundry Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-10202-0000-00004-0000-

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,442

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1998
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Exclusions: Beige bedrm TV, chandeliers in foyer, conservatory and family rm
  • Directions: Allan Road to Independence - right onto Independence - house on left
  • I D: 5112431
  • Section Subdiv Development: Independence Hill
  • First Name: MARIE
  • First Name3: ANN MARIE
  • Last Name: YOUNG
  • Last Name3: LUKAS
  • Office Phone: 908-812-2010
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Microwave Oven, Refrigerator, Self Cleaning Oven, OvnWElec
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, Great Room, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 17x18
  • Kitchen Level: First
  • Living Room Dim: 16x16
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 10x18
  • Other Room1 Level: First
  • Other Room 2: Conservatory
  • Other Room2 Dim: 13x29
  • Other Room2 Level: First
  • Other Room 3: Exercise Room
  • Other Room3 Dim: 15x18
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Dim: 32x31
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Conservatory, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, Office, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Curbs, Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 3
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive, Paver Block

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 38
  • Association Maintenance Fee Frequency: Monthly
  • Home Warranty: Yes

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.49AC
  • Easement: Unknown
  • Lot Description: Open Lot, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.49
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25442
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10202-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 17, 2021
Sold by
Dambrosio Jean Marie and Dambrosio Michael
Bought by
Sun Hong and Zhou Karl G
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Ann Marie Lukas
RE/MAX INSTYLE
List Price
$1,400,000
Sold Price
$1,418,000
Premium/Discount to List
$18,000
1.29%
Current Estimated Value
$1,971,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,788
Avg. Annual Appreciation
8.37%
Original Mortgage
$800,000
Outstanding Balance
$624,746
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$1,347,042

Purchase Details

Closed on
Sep 23, 1998
Sold by
Hill Independence
Bought by
D'Ambrosio Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sun Hong $1,418,000 Old Republic Natl Ttl Ins Co
Sun Hong $1,418,000 Old Republic Title
D'Ambrosio Jean $629,522 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Hong $800,000
Closed Sun Hong $800,000
Previous Owner D'Ambrosio Jean $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $1,418,000 +1.3% --
11/10/2021 11/10/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $1,400,000 -- --
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 $26,367 $1,638,800 $474,700 $1,164,100
2024 $26,367 $1,482,100 $399,700 $1,082,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3748921

Garden State MLS

APN: 02-10202-0000-00004