NOT LISTED FOR SALE

1020 Washington Valley Rd Basking Ridge, NJ 07920

Martinsville Neighborhood

Estimated Value: $521,000 - $691,000

3 Beds
1 Bath
1,131 Sq Ft
$535/Sq Ft Est. Value

Last Sold October 15, 2016

Last sale price $262,000 $232 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,833/month

56 Days on Market

Highlights

  • Lake Privileges
  • Wood Flooring
  • Attic
  • Hamilton Primary School Rated A
  • Main Floor Bedroom
  • Sun or Florida Room

About This Home

As of October 2016

MOTIVATED SELLER! Charming updated colonial cottage in Sunset Lake area. Home has hardwood floors, wood-burning fireplace, lower level kitchen, dining/living combo, 3-season room, remodeled bath. New black-top driveway. Two zone heat, 200 amp. electrical, newer heat & hot water system, sump pump with battery backup. Huge attic. Sunset Lake privileges & membership are optional. Basking Ridge mailing address, Bridgewater School System.

Last Buyer's Agent

Lynn Sokol Dachisen

REAL

REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,787

Year Built

  • Built in 1936

Lot Details

  • 0.34 Acre Lot
  • Open Lot

Home Design

  • Cottage

Interior Spaces

  • Wood Burning Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Electric Oven or Range
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Private Driveway
  • Additional Parking

Outdoor Features

  • Lake Privileges
  • Enclosed patio or porch
  • Storage Shed

Schools

  • Hamilton Elementary School
  • Hillside Middle School
  • Bridg-Rar High School

Utilities

  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2706-00605-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,787

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Style: Cottage
  • Primary Style: Cottage
  • Subproperty Type: Single Family
  • Year Built: 1936
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2014
  • Street Number Display: 1020
  • Directions: Going North on 202/206, take right at light by shopping center onto Washington Valley Road; house will be on Right.
  • I D: 4641805
  • Modified: 2021-09-23
  • Number Images: 7
  • First Name: PATRICIA A
  • First Name3: LYNN
  • Last Name: DWYRE
  • Last Name3: DACHISEN
  • Office Phone3: 866-201-6210
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Flooring: Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Washer, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Dining Room Level: Ground
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • Kitchen Level: Ground
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Level: First
  • Level 1 Rooms: 3 Bedrooms, Florida/3Season, Bath Main
  • Level 2 Rooms: Attic
  • Ground Level Rooms: Kitchen, Dining Room
  • Phone: 908-781-1000

Exterior Features

  • Exterior Features: Storage Shed, Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Driveway-Exclusive

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Lake Privileges

Schools

  • Elementary School: HAMILTON
  • Middle School: HILLSIDE
  • High School: BRIDG-RAR
  • High School: BRIDG-RAR
  • Middle Jr High School: HILLSIDE

Lot Info

  • Lot Size: 100X150
  • Assessed Improvement Value: 55300
  • Assessed Land Value: 222500
  • Assessment: 277800
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5787
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2706-00605-0000-00003-0000-
  • Tax Rate Amount: 2.061
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: HAMILTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Mcpherson Donald A
Bought by
Mcpherson Donald and Mcpherson Living Trust
Current Estimated Value
$580,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.92%

Purchase Details

Closed on
Feb 21, 2022
Sold by
Mcpherson Donald A
Bought by
Mcpherson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.92%

Purchase Details

Listed on
Jul 12, 2016
Closed on
Oct 13, 2016
Sold by
Chou Yu and Chou Lillian
Bought by
Mcpherson Donald A
Buyer's Agent
Lynn Sokol Dachisen
REAL
List Price
$289,000
Sold Price
$262,000
Premium/Discount to List
-$27,000
-9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$209,600
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2012
Sold by
Chou Yu and Long Amy
Bought by
Chou Yu and Chou Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Chou Yu and Long Amy
Bought by
Chou Yu and Long Amy

Purchase Details

Closed on
Oct 15, 2008
Sold by
Sharpe Jacqueline P
Bought by
Chou Yu and Long Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mcpherson Living Trust -- Augulis Alan L
Mcpherson Donald A -- None Available
Chou Yu $121,500 Multiple
Chou Yu -- None Available
Chou Yu $270,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcpherson Donald A $250,000
Previous Owner Mcpherson Donald A $209,600
Previous Owner Chou Yu $226,500
Previous Owner Chou Yu $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2016 10/15/16 Sold $262,000 -9.3% $232 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $289,000 -- $256 / 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 $7,515 $385,800 $222,500 $163,300
2023 $7,210 $363,400 $222,500 $140,900
2022 $7,093 $344,000 $222,500 $121,500
2021 $7,103 $337,100 $222,500 $114,600
2020 $7,056 $335,500 $222,500 $113,000
2019 $6,191 $291,600 $222,500 $69,100
2018 $6,144 $290,100 $222,500 $67,600
2017 $5,972 $281,700 $222,500 $59,200
2016 $5,800 $277,800 $222,500 $55,300
2015 $5,787 $277,300 $222,500 $54,800
2014 $5,645 $266,400 $222,500 $43,900
Source: Public Records

Agents Affiliated with this Home

  • Lynn Sokol Dachisen

    Buyer's Agent in 2016

    Lynn Sokol Dachisen

    REAL

    (908) 256-0508

    39 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3321577

Garden State MLS

APN: 06-00605-0000-00003

New Jersey Somerset County Basking Ridge 07920 Martinsville

1020 Washington Valley Rd, Basking Ridge, NJ

This home is located at 1020 Washington Valley Rd, Basking Ridge, NJ 07920 since 12 July 2016 and is currently estimated at $605,435, approximately $535 per square foot. This property was built in 1936. 1020 Washington Valley Rd is a home located in Somerset County with nearby schools including Hamilton Primary School, Hillside Intermediate School, and Bridgewater-Raritan Middle School.

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