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26 Cannon Court

26 Cannon Court, Basking Ridge, NJ 07920
Property in Somerset
Sold May 13, 2020
$590,000
$442,500 by Us Bank Na
Mortgage Due May 01, 2035
Sold Dec 30, 2015
$550,000
Local assessors in Basking Ridge, NJ have categorized 26 Cannon Court as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 1,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 26 Cannon Court has a total of 1,964 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, 26 Cannon Court was last sold in Apr 20, 2020 for $590,000. According to our calculations, that's $300.41 per sqft. Prior to that sales transaction, the property was sold for $550,000 in Dec 17, 2015. Current property owners are expected to pay $12,355 in taxes per year. The property on 26 Cannon Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $655,100. To break that down further, the land itself was valued at $170,000. While improvements to the property were assessed at a total of $485,100. 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. 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. 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: 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 : ZHU JINGSHU
  • Current Owner 2: WANG YING
  • Previous Owner : WHIPPLE LINDA A
  • Previous Owner 2: WHIPPLE LAWRENCE A
  • Owner Before Previous Owner: SPANO REALTY CO INC
  • Is Owner Occupied: Owner-occupied property

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 10002-0000-00015- 07-CONDO
  • Block: 10002
  • Lot: 15.07
  • Municipality: BERNARDS TWP
  • Latitude: 40.6553
  • Longitude: -74.6259

    Address

  • Full Address: 26 Cannon Ct
  • Address - House Number: 26
  • 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: $12,355

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 746,154
  • High Value: 855,037
  • Low Value: 637,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,500
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 13, 2020
  • First Open Lien Mortgage Loan Amount: $442,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2035

    Market Valuation

  • Market Total Value: $654,249
  • Market Land Value: $169,779
  • Market Improvement Value: $484,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $655,100
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $485,100

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: May 13, 2020
  • Current Sale Transaction ID: 11767164954
  • Current Sale Price: $590,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020019727
  • Previous Sale Recording Date: Dec 30, 2015
  • Previous Sale Contract Date: Dec 17, 2015
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 13, 2020
  • First Mortgage Loan Amount: $442,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2035

About Somerset



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Frequently Asked Questions

What neighborhood is 26 Cannon Court located in?
The 26 Cannon Court is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 26 Cannon Court?
The average sales price for units in 26 Cannon Court is $0 currently.

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