NOT LISTED FOR SALE

12 Labaw Way Belle Mead, NJ 08502

Estimated Value: $1,293,000 - $1,442,000

4 Beds
2.5 Baths
3,563 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $785,000 $220 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,070/month

65 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Montgomery Lower Mid School Rated A
  • Cathedral Ceiling
  • Attic

About This Home

As of May 2019

Stately 4 bedroom brick front colonial located on the nicest street in Kings Crossing. Meticulously kept, open floor plan, bright and cheery. Boasting a two story family room with fireplace, plantation shutters and balcony overlook. First floor features HW floors, french doors, wainscot trim, crown molding, recessed lights. Incredible master bedroom suite with sitting area graces the second floor along with three fantastic bedrooms, one w/ a tray ceiling, sunfilled main bath has a cathedral ceiling and skylight.An energy consciences plan installed new insulation in the attic along with new water heaters and garage doors.Enjoy a magnificent private backyard with patio and deck.An extension of the yard is an open space for all outside activities.This is one you will say "yes to to the address".

Last Agent to Sell the Property

RICH LELLA

REAL LIVING PREFERRED REAL ESTATE Listed on: 12/27/2018

Last Buyer's Agent

HOLLY GIBSON

REAL LIVING PREFERRED REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,800

Year Built

  • Built in 1998

Lot Details

  • 0.55 Acre Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Planned Development
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 3,563 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio

Schools

  • Montgomery High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Association fees include maintenance-common area
  • $267 Other One-Time Fees

Listing and Financial Details

  • Assessor Parcel Number 2713-17006-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,800

Year Built

Built in 1998

Lot Details

0

HOA Fees

$89 per month

Parking

2

Listing Details

  • Style: Colonial, Development Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1998
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: refrigerator negotiable
  • Street Number Display: 12
  • Directions: Rt. 206 to Devon Road, right onto Labaw Way, to #12 on the right
  • I D: 4858948
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Kings Crossing
  • First Name: RICH
  • First Name3: HOLLY
  • Last Name: LELLA
  • Last Name3: GIBSON
  • Office Phone3: 908-707-0580
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Self Cleaning Oven, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling
  • Number Rooms: 10
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 13x24
  • Kitchen Level: First
  • Living Room Dim: 13x17
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 8x6
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Dim: 13x13
  • Other Room2 Level: First
  • Level 1 Rooms: Breakfast Room, Laundry Room, Foyer, Office, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3563
  • Phone: 908-707-0580

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler, Patio, Curbs, Deck, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Association, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 267
  • Association Maintenance Fee Frequency: Quarterly
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 267

Schools

  • High School: MONTGOMERY
  • High School: MONTGOMERY

Lot Info

  • Lot Size: .5508 AC
  • Assessed Improvement Value: 339600
  • Assessed Land Value: 281900
  • Assessment: 621500
  • Lot Description: Backs to Park Land, Level Lot, Open Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.55

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18800
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2713-17006-0000-00003-0000-
  • Tax Rate Amount: 3.025
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
May 29, 2019
Sold by
Wang Qiang and Xu Lan F
Bought by
Musunoori Sri and Tummala Vijay
Seller's Agent
RICH LELLA
REAL LIVING PREFERRED REAL ESTATE
Buyer's Agent
HOLLY GIBSON
REAL LIVING PREFERRED REAL ESTATE
List Price
$812,000
Sold Price
$785,000
Premium/Discount to List
-$27,000
-3.33%
Current Estimated Value
$1,346,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,179
Avg. Annual Appreciation
8.82%
Original Mortgage
$726,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2006
Sold by
Powell David M
Bought by
Wang Qiang and Xu Lan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.71%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Kings Crossing
Bought by
Powell Dave and Powell Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.9%
Source: Public Records

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
Musunoori Sri $785,000 None Available
Wang Qiang $810,000 --
Powell Dave $411,701 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musunoori Sri $726,000
Previous Owner Wang Qiang $400,000
Previous Owner Powell Dave $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $785,000 -3.3% $220 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $812,000 -- $228 / 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
2025 $22,129 $645,900 $281,900 $364,000
2024 $22,129 $645,900 $281,900 $364,000
2023 $21,274 $621,500 $281,900 $339,600
2022 $20,025 $621,500 $281,900 $339,600
2021 $19,857 $621,500 $281,900 $339,600
2020 $19,695 $621,500 $281,900 $339,600
2019 $19,565 $621,500 $281,900 $339,600
2018 $19,111 $621,500 $281,900 $339,600
2017 $18,782 $621,500 $281,900 $339,600
2016 $18,452 $621,500 $281,900 $339,600
2015 $18,030 $621,500 $281,900 $339,600
2014 $17,812 $621,500 $281,900 $339,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3521988

Garden State MLS

APN: 13-17006-0000-00003