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17 Woodward Lane

17 Woodward Lane, Basking Ridge, NJ 07920
Property in Somerset
Sold Sep 09, 2015
$315,000
$285,000 by Usaa Fsb
Mortgage Due Sep 01, 2045
Sold Jan 20, 2005
$317,450
$247,450 by Cendant Mortgage Corp
Mortgage Due Feb 01, 2035
17 Woodward Lane has been categorized by the local assessors in Basking Ridge, NJ as a residential type of property. The building on the property was first built in 1986 and is 38 years old. In addition, 17 Woodward Lane has 1,400 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 783 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 17 Woodward Lane sold most recently in Aug 25, 2015 for a total of $315,000. If you work out the math, that's approximately a cost of $225.00 per sqft. Before that, the property was also sold for $317,450 in Jan 18, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,127 in taxes each year. 17 Woodward Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $377,900. If we break it down further, the land itself was valued at $129,000. Improvements to the property, however, were assessed at a total of $248,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 783
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.018
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: END UNIT

Ownership

  • Current Owner : PEREIRA JOHN PAULO
  • Current Owner 2: SANTOS PEREIRA VIVIANE
  • Previous Owner : FRANK BRIAN
  • Previous Owner 2: FRANK PAMELA J
  • Owner Before Previous Owner: LEVY CLIFFORD A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 054100

Zoning

  • Zoning: R5

Geography

  • District: 02
  • Parcel: 02 09202-0000-00012- 01-CONDO
  • Block: 9202
  • Lot: 12.01
  • Municipality: BERNARDS TWP
  • Latitude: 40.6584
  • Longitude: -74.5679

    Address

  • Full Address: 17 Woodward Ln
  • Address - House Number: 17
  • Address - Street Name: Woodward
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C009
  • 4-Digit Zip Code: 2718
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,127

    Appraisal Valuation

  • Standard Deviation: 0.1401
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 447,048
  • High Value: 509,696
  • Low Value: 384,401

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $318,700
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Sep 09, 2015
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2045
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 23, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $33,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 23, 2048

    Market Valuation

  • Market Total Value: $377,410
  • Market Land Value: $128,833
  • Market Improvement Value: $248,577

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,900
  • Assessed Land Value: $129,000
  • Assessed Improvements Value: $248,900

    Sales

  • Current Sale Contract Date: Aug 25, 2015
  • Current Sale Recording Date: Sep 09, 2015
  • Current Sale Transaction ID: 1325126089
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015037900
  • Previous Sale Recording Date: Jan 20, 2005
  • Previous Sale Contract Date: Jan 18, 2005
  • Previous Sale Amount: $317,450
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Sep 09, 2015
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CENDANT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 20, 2005
  • Previous Mortgage Loan Amount: $247,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2035

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Frequently Asked Questions

What neighborhood is 17 Woodward Lane located in?
The 17 Woodward Lane is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 17 Woodward Lane?
The average sales price for units in 17 Woodward Lane is $0 currently.

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