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28 Rankin Avenue

28 Rankin Avenue, Basking Ridge, NJ 07920
Property in Somerset
Sold Feb 02, 1999
$355,000
$200,000 by Millington Savings Bank
Mortgage Due Jun 17, 2039
28 Rankin Avenue in Basking Ridge, NJ was first built in 1966 and is 58 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 ranch/rambler style. It is a single story home. 28 Rankin Avenue has 1,653 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 25,265 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Dec 9, 1998 for $355,000. That's $214.76 per sqft. 28 Rankin Avenue was last assessed in 2023. The total value of the property was assessed at $629,100. Specifically, the land the property is located on was valued at $369,500. While improvements on the property were assessed at a total of $259,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,865. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 8
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,653
  • Building Area: 1,653
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,653
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 68 22

Ownership

  • Current Owner : HENDERSON DOUGLAS
  • Previous Owner : ROBERTS MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052400

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 02
  • Parcel: 02 01802-0000-00008
  • Block: 1802
  • Lot: 8
  • Municipality: BERNARDS TWP
  • Latitude: 40.7031
  • Longitude: -74.5501

    Address

  • Full Address: 28 Rankin Ave
  • Address - House Number: 28
  • Address - Street Name: Rankin
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C015
  • 4-Digit Zip Code: 1415
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,865

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 791,467
  • High Value: 947,950
  • Low Value: 634,985

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $385,000
  • First Open Lien Mortgage Lender: MILLINGTON SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 17, 2009
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 17, 2039
  • Second Open Lien Mortgage Lender: MILLINGTON BANK
  • Second Open Lien Mortgage Recording Date: Apr 22, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $185,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 20, 2044

    Market Valuation

  • Market Total Value: $628,283
  • Market Land Value: $369,020
  • Market Improvement Value: $259,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $629,100
  • Assessed Land Value: $369,500
  • Assessed Improvements Value: $259,600

    Sales

  • Current Sale Contract Date: Dec 09, 1998
  • Current Sale Recording Date: Feb 02, 1999
  • Current Sale Transaction ID: 11476153220
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ACCESS
  • First Mortgage Transaction Date: Feb 02, 1999
  • First Mortgage Loan Amount: $319,500

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Frequently Asked Questions

What neighborhood is 28 Rankin Avenue located in?
The 28 Rankin Avenue is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 28 Rankin Avenue?
The average sales price for units in 28 Rankin Avenue is $0 currently.

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