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21 Cannon Court

21 Cannon Court, Basking Ridge, NJ 07920
Property in Somerset
Sold Oct 07, 2004
$485,000
$388,000 by Chase Manhattan Mtg Corp
Mortgage Due Oct 07, 2034
Sold Jan 21, 2000
$301,561
$271,400 by Mortgage Access
Mortgage
21 Cannon Court in Basking Ridge, NJ was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 21 Cannon Court has 1,964 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,200 square feet.

Learn more about the property and building on this page. 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, 21 Cannon Court sold most recently in Sep 29, 2004 for a total of $485,000. If you work out the math, that's approximately a cost of $246.95 per sqft. Before that, the property was also sold for $301,561 in Jan 14, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,095 in taxes each year. 21 Cannon Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $588,300. If we break it down further, the land itself was valued at $170,000. Improvements to the property, however, were assessed at a total of $418,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,200
  • Total Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,964
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.027
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: 1960

Ownership

  • Current Owner : ZHANG LEI
  • Current Owner 2: LIU DEREK
  • Previous Owner : WALTON WILLIAM H
  • Owner Before Previous Owner: HOVNANIAN K

Neighborhood

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

Zoning

  • Zoning: PUD5

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 02
  • Parcel: 02 10002-0000-00017- 07-CONDO
  • Block: 10002
  • Lot: 17.07
  • Municipality: BERNARDS TWP
  • Latitude: 40.6556
  • Longitude: -74.6255

    Address

  • Full Address: 21 Cannon Ct
  • Address - House Number: 21
  • Address - Street Name: Cannon
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R005
  • 4-Digit Zip Code: 3842
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,095

    Appraisal Valuation

  • Standard Deviation: 0.14
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 681,463
  • High Value: 776,906
  • Low Value: 586,020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Open Lien Mortgage Recording Date: Oct 07, 2004
  • First Open Lien Mortgage Loan Amount: $388,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 07, 2034

    Market Valuation

  • Market Total Value: $587,536
  • Market Land Value: $169,779
  • Market Improvement Value: $417,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,300
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $418,300

    Sales

  • Current Sale Contract Date: Sep 29, 2004
  • Current Sale Recording Date: Oct 07, 2004
  • Current Sale Transaction ID: 1192762596
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 21, 2000
  • Previous Sale Contract Date: Jan 14, 2000
  • Previous Sale Amount: $301,561
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Mortgage Transaction Date: Oct 07, 2004
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE ACCESS
  • Previous Mortgage Transaction Date: Jan 21, 2000
  • Previous Mortgage Loan Amount: $271,400
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 21 Cannon Court located in?
The 21 Cannon Court is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 21 Cannon Court?
The average sales price for units in 21 Cannon Court is $0 currently.

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