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34 Walnut Circle

34 Walnut Circle, Basking Ridge, NJ 07920
Property in Somerset
Sold Oct 04, 2010
$880,000
$680,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2040
34 Walnut Circle in Basking Ridge, NJ was first built in 1969 and is 55 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 colonial style. There are a total of 2 floors. 34 Walnut Circle has 2,502 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 29,621 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. 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, 34 Walnut Circle sold most recently in Oct 1, 2010 for a total of $880,000. If you work out the math, that's approximately a cost of $351.72 per sqft. 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 $16,789 in taxes each year. 34 Walnut Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $890,200. If we break it down further, the land itself was valued at $380,400. Improvements to the property, however, were assessed at a total of $509,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1969
  • Effective Year Built: 1969
  • Total Rooms: 8
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 2,502
  • Building Area: 2,502
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,502
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 93 3-7

Ownership

  • Current Owner : SCHOENFELD RYAN C
  • Current Owner 2: SCHOENFELD CHRISTINE
  • Previous Owner : KOZEL JOHN A
  • Previous Owner 2: KOZEL EILEEN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 02
  • Parcel: 02 01005-0000-00006
  • Block: 1005
  • Lot: 6
  • Municipality: BERNARDS TWP
  • Latitude: 40.7175
  • Longitude: -74.546

    Address

  • Full Address: 34 Walnut Cir
  • Address - House Number: 34
  • Address - Street Name: Walnut
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 1010
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,789

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,121,947
  • High Value: 1,288,190
  • Low Value: 955,703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 04, 2010
  • First Open Lien Mortgage Loan Amount: $680,000
  • 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: Nov 01, 2040

    Market Valuation

  • Market Total Value: $889,044
  • Market Land Value: $379,906
  • Market Improvement Value: $509,138

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $890,200
  • Assessed Land Value: $380,400
  • Assessed Improvements Value: $509,800

    Sales

  • Current Sale Contract Date: Oct 01, 2010
  • Current Sale Recording Date: Oct 04, 2010
  • Current Sale Transaction ID: 1131785573
  • Current Sale Price: $880,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010045231

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 04, 2010
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2040

About Somerset



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Frequently Asked Questions

What neighborhood is 34 Walnut Circle located in?
The 34 Walnut Circle is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 34 Walnut Circle?
The average sales price for units in 34 Walnut Circle is $0 currently.

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