NOT LISTED FOR SALE

127 Lake Rd Basking Ridge, NJ 07920

Estimated Value: $1,153,000 - $1,272,007

4 Beds
4 Baths
2,126 Sq Ft
$568/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $917,000 $431 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,741/month

6 Days on Market

About This Home

As of December 2021

This home is located at 127 Lake Rd, Basking Ridge, NJ 07920 since 12 October 2021 and is currently estimated at $1,206,752, approximately $567 per square foot. 127 Lake Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Buyer's Agent

Andrew Bacino

BLUE FLAGS REALTY LLC

BLUE FLAGS REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,433

Lot Details

  • 2.02 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,433

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5108772
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 2.02AC
  • Total Acres: 2.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 6, 2021
Sold by
Hansen Brian M and Hansen Renee M
Bought by
Kandi R Mcmenamy Investment Trust
Buyer's Agent
Andrew Bacino
BLUE FLAGS REALTY LLC
List Price
$825,000
Sold Price
$917,000
Premium/Discount to List
$92,000
11.15%
Current Estimated Value
$1,206,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,752
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 17, 2016
Sold by
Brookfield Relocation Inc
Bought by
Hansen Brian M and Hansen Renee M
Seller's Agent
BARBARA COMMER
COLDWELL BANKER REALTY
Buyer's Agent
Lisa VanHara
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$714,000
Sold Price
$715,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$572,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2007
Sold by
Silvey Charles W and Silvey Michele M
Bought by
Silvey Michele M

Purchase Details

Closed on
Dec 19, 1997
Sold by
Dennis Anne
Bought by
Silvey Charles and Silvey Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Kandi R Mcmenamy Investment Trust $917,000 Angel Title & Abstract Inc
Hansen Brian M $715,000 Stewart Title Guarany Co
Brookfield Relocation Inc $715,000 Allied Title Llc
Silvey Michele M -- None Available
Silvey Charles $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Brian M $572,000
Previous Owner Silvey Charles $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $917,000 +11.2% $431 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $825,000 +15.4% $388 / Sq Ft
08/17/2016 08/17/16 Sold $715,000 +0.1% $336 / Sq Ft View Prior Sale
07/05/2016 07/05/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $714,000 -- $336 / 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 $16,433 $1,032,600 $405,500 $627,100
2024 $16,433 $923,700 $374,000 $549,700
2023 $15,669 $830,800 $374,000 $456,800
2022 $15,547 $773,100 $374,000 $399,100
2021 $15,004 $711,100 $374,000 $337,100
2020 $14,178 $677,100 $383,100 $294,000
2019 $13,854 $681,100 $383,100 $298,000
2018 $13,357 $666,200 $392,200 $274,000
2017 $13,324 $669,900 $392,200 $277,700
2016 $12,445 $637,900 $392,200 $245,700
2015 $12,115 $632,300 $383,200 $249,100
2014 $11,238 $581,100 $370,600 $210,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2021

    Andrew Bacino

    BLUE FLAGS REALTY LLC

    (973) 856-5504

    2 in this area

    24 Total Sales

    Andrew Bacino
    Section Image
  • BARBARA COMMER

    Seller's Agent in 2016

    BARBARA COMMER

    COLDWELL BANKER REALTY

    (862) 345-1063

    13 in this area

    27 Total Sales

    BARBARA COMMER
    Section Image

  • L

    Buyer's Agent in 2016

    Lisa VanHara

    KELLER WILLIAMS TOWNE SQUARE REAL

    (973) 978-4117

    2 in this area

    13 Total Sales

    Lisa VanHara
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3745964

Garden State MLS

APN: 02-02603-0000-00006

New Jersey Somerset County Basking Ridge 07920

127 Lake Rd, Basking Ridge, NJ

Not Listed for Sale

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