NOT LISTED FOR SALE

1 Butternut Ln Basking Ridge, NJ 07920

Estimated Value: $2,838,153 - $3,513,000

5 Beds
5.5 Baths
-- Sq Ft
3.16 Acres

Last Sold July 25, 2016

Last sale price $2,310,000

Est. 36% increase in value since last sale

Current estimated payment $21,171/month

34 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Wooded Lot
  • Oak Street Elementary School Rated A
  • Family Room with Fireplace
  • Marble Flooring

About This Home

As of July 2016

An exquisite custom brick colonial on 3+ manicured acres showcases architectural style, sophisticated decor & lavish millwork. 10 ft. ceilings & extensive moldings embody Old World craftsmanship. A grand entrance foyer,comfortable Family Rm with FP & coffered ceiling, open to the exceptional gourmet Kitchen, a chef's delight! Living Rm, sunroom/playroom with built-ins and cherry paneled library with FP and coffered ceiling, plus a guest suite, and powder room complete the first floor. The second level includes a generous Master Suite with FP, octagonal sitting rm, sumptuous master bath with steam shower, and an abundance of closets. 3 additional ensuite bedrooms and a laundry rm complete the second level. A walk-out LL with high ceilings and plumbed for a bath is ready for finishing.

Last Agent to Sell the Property

Vincenza Montrone

COLDWELL BANKER REALTY Listed on: 04/07/2016

COLDWELL BANKER REALTY

Co-Listed By

NAN P. REIL

COLDWELL BANKER REALTY

Last Buyer's Agent

KAREN A TRUCCO

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,801

Year Built

  • Built in 2002

Lot Details

  • 3.16 Acre Lot
  • Corner Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Formal Dining Room
  • Library with Fireplace
  • Sun or Florida Room
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Steam Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2702-00202-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,801

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2002
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: Conservation
  • Exclusions: See LA
  • Street Number Display: 1
  • Directions: Rte 202 to Childs Rd to Hardscrabble Rd. Left onto Butternut Lane to first home on the right.
  • I D: 4614860
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: VINCENZA
  • First Name2: NAN P.
  • First Name3: KAREN A
  • Last Name: MONTRONE
  • Last Name2: REIL
  • Last Name3: TRUCCO
  • Office Phone3: 908-719-2500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Marble, Wood
  • Fireplace Description: Bedroom 1, Family Room, Library
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, Central Vacuum, OvnWElec, Refrigerator, CookGas, Washer, Instant Hot Water, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Cedar Closets, JacuzTyp, StallShw, Walk-In Closet, Fire Alarm Sys, Security System, Blinds, Fire Extinguisher, Steam, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Fireplace, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub, Steam
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Full, Walkout
  • Basement Level Rooms: Storage Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 28x18
  • Kitchen Level: First
  • Living Room Dim: 17x20
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 22x15
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Other Room2 Dim: 17x17
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 16x13
  • Other Room3 Level: Second
  • Other Room 4: Bedroom
  • Other Room4 Dim: 11x14
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Family Room, Kitchen, Powder Room, Sunroom, Foyer, Library, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-766-2900

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Thermal Windows/Doors, Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Electric, Gas-Natural
  • Heating: Radiant - Hot Water, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic 5+ Bedroom Town Verified, Septic
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 3.1550AC
  • Assessed Improvement Value: 1556400
  • Assessed Land Value: 520900
  • Assessment: 2077300
  • Easement: Yes
  • Lot Description: Open Lot, Corner, Wooded Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.16

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 39801
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-00202-0000-00004-0000-
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jul 25, 2016
Sold by
Haedrich Jarrett S and Haedrich Leslie Ann
Bought by
Vemuri Ashok and Marshall Tenaz
Seller's Agent
Vincenza Montrone
COLDWELL BANKER REALTY
Buyer's Agent
KAREN A TRUCCO
KL SOTHEBY'S INT'L. REALTY
List Price
$2,495,000
Sold Price
$2,310,000
Premium/Discount to List
-$185,000
-7.41%
Total Days on Market
34
Current Estimated Value
$3,140,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,718
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Haedrich Jarrett S
Bought by
Haedrich Jarrett S and Haedrich Leslie Ann

Purchase Details

Listed on
May 7, 2013
Closed on
May 3, 2013
Sold by
Kim Chong Chul and Kim Hae Kyung
Bought by
Haedrich Jarrett D
Seller's Agent
Kevin Yento
COLDWELL BANKER REALTY
Buyer's Agent
MARY LICATA
TURPIN REAL ESTATE, INC.
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Aug 10, 2003
Sold by
Adams John
Bought by
Kim Chong Chul and Kim Hae Kyung
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vemuri Ashok $2,310,000 None Available
Haedrich Jarrett S -- None Available
Haedrich Jarrett D $2,500,000 None Available
Kim Chong Chul $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eastern Silk Mills Inc $2,000,000
Previous Owner Kim Chong Chul $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $2,310,000 -7.4% --
05/11/2016 05/11/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $2,495,000 -0.2% --
05/07/2013 05/07/13 Sold $2,500,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $43,299 $2,433,900 $489,200 $1,944,700
2023 $41,004 $2,174,100 $489,200 $1,684,900
2022 $41,740 $2,075,600 $489,200 $1,586,400
2021 $42,282 $2,003,900 $489,200 $1,514,700
2020 $44,837 $2,141,200 $469,200 $1,672,000
2019 $44,974 $2,211,100 $491,400 $1,719,700
2018 $43,763 $2,182,700 $491,400 $1,691,300
2017 $43,173 $2,170,600 $506,200 $1,664,400
2016 $42,407 $2,173,600 $490,900 $1,682,700
2015 $39,801 $2,077,300 $520,900 $1,556,400
2014 $41,303 $2,135,600 $555,300 $1,580,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3296104

Garden State MLS

APN: 02-00202-0000-00004