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1 Shawnee Drive

1 Shawnee Drive, Basking Ridge, NJ 07920
Property in Somerset
Sold Oct 03, 2014
$995,900
$495,900 by Weichert Financial Services
Mortgage Due Sep 01, 2044
Sold Jul 24, 2001
$581,826
$500,000 by Era Mtg
Mortgage
Local assessors in Basking Ridge, NJ have categorized 1 Shawnee Drive as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 16,553 square feet. If we look only at the heated or air conditioned part of the building, then 1 Shawnee Drive has a total of 2,910 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1 Shawnee Drive was last sold in Aug 15, 2014 for $995,900. According to our calculations, that's $342.23 per sqft. Prior to that sales transaction, the property was sold for $581,826 in Jun 28, 2001. Current property owners are expected to pay $19,296 in taxes per year. The property on 1 Shawnee Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,023,100. To break that down further, the land itself was valued at $314,500. While improvements to the property were assessed at a total of $708,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,910
  • Building Area: 2,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: ARLINGTON FED

Ownership

  • Current Owner : CHIN ALBERT
  • Current Owner 2: LAW PUI YEE
  • Previous Owner : FAYANJU FUUNMI
  • Previous Owner 2: FAYANJU YINKA
  • Owner Before Previous Owner: PATRIOTS LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052605

Zoning

  • Zoning: PRD5

Geography

  • Assessors Map Reference: TAX MAP 66
  • District: 02
  • Parcel: 02 10902-0000-00014
  • Block: 10902
  • Lot: 14
  • Municipality: BERNARDS TWP
  • Latitude: 40.6463
  • Longitude: -74.6104

    Address

  • Full Address: 1 Shawnee Ct
  • Address - House Number: 1
  • Address - Street Name: Shawnee
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 4234
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,296

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,184,405
  • High Value: 1,359,903
  • Low Value: 1,008,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,900
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 03, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $495,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2044

    Market Valuation

  • Market Total Value: $1,021,772
  • Market Land Value: $314,092
  • Market Improvement Value: $707,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,023,100
  • Assessed Land Value: $314,500
  • Assessed Improvements Value: $708,600

    Sales

  • Current Sale Contract Date: Aug 15, 2014
  • Current Sale Recording Date: Oct 03, 2014
  • Current Sale Transaction ID: 1222895803
  • Current Sale Price: $995,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014037350
  • Previous Sale Recording Date: Jul 24, 2001
  • Previous Sale Contract Date: Jun 28, 2001
  • Previous Sale Amount: $581,826
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 03, 2014
  • First Mortgage Loan Amount: $495,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ERA MTG
  • Previous Mortgage Transaction Date: Jul 24, 2001
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360

About Somerset



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Nearby Rentals

Unit for rent at 21 Ashley Ct, Bedminster Twp., NJ, 07921-1435

$3,500 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,047 ft²
21 Ashley Ct, Bedminster Twp., NJ, 07921-1435 Listing by LIDIA S. GABINELLI

Frequently Asked Questions

What neighborhood is 1 Shawnee Drive located in?
The 1 Shawnee Drive is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 1 Shawnee Drive?
The average sales price for units in 1 Shawnee Drive is $0 currently.

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