$2,500,000
SOLD MAY 7, 2013

1 Butternut Ln Basking Ridge, NJ 07920

5 Beds
6 Baths
-- Sq Ft
3.16 Acres

Recently Sold

About This Home

As of July 2016

This home is located at 1 Butternut Ln, Basking Ridge, NJ 07920 and is currently priced at $2,500,000. This property was built in 2002. 1 Butternut Ln is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Kevin Yento

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 05/07/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

MARY LICATA

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,299

Year Built

  • Built in 2002

Lot Details

  • 3.16 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,299

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Year Built: 2002
  • County Name: Somerset
  • Street Number Display: 1
  • I D: 4289684
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 3.1550AC
  • Total Acres: 3.16

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%
Current Estimated Value
$3,186,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$876,210
Avg. Annual Appreciation
3.59%

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
1.97%

Purchase Details

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

Similar Homes in the area

  • 147 Liberty Corner Rd, Far Hills, NJ 07931

    $2,099,000

    • 5 Beds
    • 4.5 Baths
    • 4,867 Sq Ft
    • 147 Liberty Corner Rd
    • Far Hills, NJ

    Welcome to this stately five-bedroom Colonial, a heavenly sanctuary offering the ultimate in privacy and comfort. 8.5 farm assessed Acres nestled behind a gated fence in the desirable Basking Ridge School System. This extraordinary home is just minutes from the annual Far Hills Races, blending timeless elegance with modern luxury. A paved circular driveway welcomes you to the impressive fa ade,

    Michele Klug KELLER WILLIAMS TOWNE SQUARE REAL

    Section Image
  • 38 Sheepfield Farms Rd, Harding Township, NJ 07976

    $2,899,000

    • 5 Beds
    • 7 Baths
    • 38 Sheepfield Farms Rd
    • Harding Township, NJ

    IRRESISTIBLE VALUE. PRICED $450,000 BELOW ASSESSMENT. Vacation and Work at Home in sought-after Harding location. Grand, private space entered on expansive paver block driveway with courtyard. Incredible Library/Office with marble fireplace and library shelves plus room for large conference table, Separate Living Quarters for staff and guests, Elevator to all three levels, Indoor 20 x 40

    Lorraine Hunt Kopacz KL SOTHEBY'S INT'L. REALTY

    Section Image
  • 211 Spencer Rd, Basking Ridge, NJ 07920

    $1,950,000

    • 6 Beds
    • 5.5 Baths
    • 211 Spencer Rd
    • Basking Ridge, NJ

    Step into timeless sophistication with this newly expanded 6-bedroom, 5 full bath luxury home, thoughtfully designed to blend elevated modern living with enduring quality. Every detail of this spacious home speaks to exceptional craftsmanship and refined style, from the hardwood floors to the 9' ceilings on the first floor and custom millwork throughout. At the heart of the home is a chef's

    ANNE FERRANTE KL SOTHEBY'S INT'L. REALTY

    Section Image
  • 16 Charlotte Hill Dr, Bernardsville, NJ 07924

    $2,750,000

    • 5 Beds
    • 7.5 Baths
    • 16 Charlotte Hill Dr
    • Bernardsville, NJ

    Set behind a gated paver driveway in one of Bernardsville's most desirable neighborhoods, this stately custom residence redefines luxury living with unparalleled craftsmanship, sophisticated interiors, and exceptional privacy. A gracious entry reveals soaring ceilings, elegant archways, and an effortless flow between formal and casual living spaces. The stunning conservatory features a deep

    Carolyn Fahey FAHEY REALTORS

    Section Image
  • 15 Hilltop Rd, Basking Ridge, NJ 07920

    $1,899,000

    • 5 Beds
    • 4.5 Baths
    • 15 Hilltop Rd
    • Basking Ridge, NJ

    This stunning custom-built 5-bedroom home features a modern open floor plan, blending style and functionality perfect for both everyday living and grand entertaining. Step inside to discover hardwood flooring throughout, adding warmth and elegance to every corner of the home. Elevating the kitchen into a chef's paradise are the Carrera marble countertops, two islands, Italian cooking appliances

    Kelly Peterpaul COLDWELL BANKER REALTY

    Section Image
  • 62 Canoe Brook Ln, Far Hills, NJ 07931

    $2,795,000

    • 5 Beds
    • 5.5 Baths
    • 6,268 Sq Ft
    • 62 Canoe Brook Ln
    • Far Hills, NJ

    Welcome to Ravenswood, a coveted BASKING RIDGE enclave where mature trees and sweeping lawns set the stage for one of the community's most exceptional homes. Reserved by the builder as the premier lot, this 5BR, 5.1BA four-sided brick colonial with quoin corners is custom-built with elevated materials, landscape lighting, custom hardscaping, and a seamless flow. Set on 3.5 tranquil acres bordered

    Marie Young COLDWELL BANKER REALTY

    Section Image
  • 4 Belmont Ct, Basking Ridge, NJ 07920

    $2,250,000

    • 4 Beds
    • 5.5 Baths
    • 5,325 Sq Ft
    • 4 Belmont Ct
    • Basking Ridge, NJ

    Inspired by an award-winning Seattle Street of Dreams home and a Best of American Living top design, this stunning residence seamlessly combines estate craftsmanship with luxurious everyday living. The stately sculptural facade is wrapped in a columned mahogany porch, evoking timeless charm and a gracious welcome. Inside, a dramatic view axis reveals a stained-glass rotunda overlooking a gallery

    Nishoo Sethi KELLER WILLIAMS TOWNE SQUARE REAL

    Section Image
  • 20 Squire Ct, Basking Ridge, NJ 07920

    $2,295,000

    • 6 Beds
    • 5.5 Baths
    • 20 Squire Ct
    • Basking Ridge, NJ

    Nestled on a quiet cul-de-sac in one of Basking Ridge's most sought-after neighborhoods, this beautiful fully renovated Colonial seamlessly blends classic charm with modern luxury. Offering 6 Bedrooms, 5.1 baths, 3 car garage, with nearly 5,000 sq ft of finished space, plus a new finished lower level, this turn key home offers an expansive layout including a private first-floor In-Law Suite,

    Stacey Colman KL SOTHEBY'S INT'L. REALTY

    Section Image
  • 108 Mine Brook Rd, Far Hills, NJ 07931

    $2,247,000

    • 6 Beds
    • 6.5 Baths
    • 5,580 Sq Ft
    • 108 Mine Brook Rd
    • Far Hills, NJ

    Nestled on 12 acres, this 6 bed, 6.1 bath custom colonial exudes the classic elegance of estate living. Architectural details include extensive millwork, 9 ft ceilings, HW floors, designer finishes and extraordinary amenities designed for luxury living and exceptional entertaining. Two-story foyer welcomes you into the LR and a formal DR, generously sized for any dinner party. Dual butler's

    Melissa Reynolds KELLER WILLIAMS TOWNE SQUARE REAL

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,310,000 None Available
Interfamily Deed Transfer -- None Available
Deed $2,500,000 None Available
Deed $2,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,000,000 Unknown
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 2998977

Garden State MLS

APN: 02-00202-0000-00004