NOT LISTED FOR SALE

10 Somerville Rd Basking Ridge, NJ 07920

Estimated Value: $1,249,000 - $1,530,000

3 Beds
4.5 Baths
3,860 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $1,300,000 $337 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,683/month

12 Days on Market

Highlights

  • Pond
  • Wooded Lot
  • Cathedral Ceiling
  • Liberty Corner Elementary School Rated A
  • Ranch Style House
  • Wood Flooring

About This Home

As of July 2022

Built for living, relaxing and entertaining, this custom expanded ranch on 4 tranquil acres is your new oasis. Cedar shingles, natural river rock and bluestone covered porch greet you as make your way into the vaulted entryway complimented with custom woodwork and seating. Newly updated kitchen featuring reclaimed barn wood beams, high-end appliances and custom oversized island serves as the heart of this home allowing access to the entertainment ready, expansive, slate patio and into the formal dining room. Enjoy wooded privacy and stream views out just about every window. Three main bedrooms along with an office and extra guest room on the main floor. Spacious walkout basement with full bath and kitchenette are welcomed extra space for entertaining or relaxing. Wine cellar, pocket doors, reclaimed wood, intricate tiling, and more details not to be missed around every corner.

Last Listed By

Marcy Borcherding

COLDWELL BANKER REALTY Listed on: 05/13/2022

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,970

Year Built

  • Built in 1946

Lot Details

  • 4.22 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Additional Parking

Home Design

  • Ranch Style House
  • Stone Siding
  • Tile

Interior Spaces

  • 3,860 Sq Ft Home
  • Wet Bar
  • Sound System
  • Dry Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Library
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Finished Basement

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

Outdoor Features

  • Pond
  • Stream or River on Lot
  • Patio
  • Storage Shed
  • Porch

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Standard Electricity
  • Propane
  • Well
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-11001-0000-00012-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,970

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Style: Expanded Ranch
  • Primary Style: Expanded Ranch
  • Subproperty Type: Single Family
  • Year Built: 1946
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: Gas easement
  • Renovated Year: 2021
  • Street Number Display: 10
  • Directions: GPS
  • I D: 5149222
  • Modified: 2023-07-28
  • Number Images: 42
  • First Name: MARCY
  • First Name3: VERONICA
  • Last Name: BORCHERDING
  • Last Name3: CARUSO
  • Office Phone3: 908-757-7780
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector
  • Interior Amenities: Bar-Dry, Bar-Wet, Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Skylight, Stereo System, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Bath Main, Great Room, Laundry Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 18x14
  • Kitchen Level: First
  • Living Room Dim: 21x18
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 13x11
  • Other Room1 Level: First
  • Level 1 Rooms: 3 Bedrooms, Attic, Bath Main, Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Library, Living Room, Porch, Powder Room, SittngRm
  • Estimated Sq Ft: 3860
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: CedarSid, Stone
  • Exterior Features: OutDrKit, Patio, Storage Shed, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: OilAbIn
  • Heating: Radiant - Hot Water
  • Sewer: Septic 3 Bedroom Town Verified
  • Utilities: Electric, Gas-Propane
  • Water: Well
  • Water Heater: Oil

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 4.22AC
  • Assessed Improvement Value: 442700
  • Assessed Land Value: 262100
  • Assessment: 704800
  • Easement: Yes
  • Lot Description: Level Lot, Pond On Lot, Stream On Lot, Wooded Lot
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 4.22

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12970
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-11001-0000-00012-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 22, 2022
Sold by
Domenick Anthony G and Domenick Lisa
Bought by
Engelhardt Kate and Engelhardt Drew
Seller's Agent
Marcy Borcherding
COLDWELL BANKER REALTY
Buyer's Agent
VERONICA CARUSO
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$1,299,000
Sold Price
$1,300,000
Premium/Discount to List
$1,000
0.08%
Total Days on Market
12
Current Estimated Value
$1,426,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,646
Avg. Annual Appreciation
3.41%
Original Mortgage
$850,000
Outstanding Balance
$806,135
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$620,511

Purchase Details

Closed on
Dec 7, 2017
Sold by
Lacava Chalstopher J and Lacava Jennifer K
Bought by
Nuotare Investmnets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1998
Sold by
Sullivan Brian
Bought by
Domenick Anthony and Domenick Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.8%

Range of Values:

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Average Value
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List Price
Sold Price
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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
Engelhardt Kate $1,300,000 Elite Team Title
Nuotare Investmnets Llc $365,000 None Available
Domenick Anthony $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelhardt Kate $850,000
Previous Owner Nuotare Investmnets Llc $375,000
Previous Owner Domenick Anthony $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $1,300,000 +0.1% $337 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $1,299,000 -- $337 / Sq Ft
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 $21,289 $1,196,700 $279,500 $917,200
2023 $20,586 $1,091,500 $279,500 $812,000
2022 $14,174 $704,800 $262,100 $442,700
2021 $13,856 $656,700 $275,300 $381,400
2020 $12,970 $619,400 $275,300 $344,100
2019 $12,855 $632,000 $283,300 $348,700
2018 $12,397 $618,300 $283,300 $335,000
2017 $12,155 $611,100 $283,300 $327,800
2016 $12,008 $615,500 $283,300 $332,200
2015 $11,975 $625,000 $299,300 $325,700
2014 $11,304 $584,500 $299,300 $285,200
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3781897

Garden State MLS

APN: 02-11001-0000-00012