NOT LISTED FOR SALE

127 Lake Rd Basking Ridge, NJ 07920

Estimated Value: $1,169,000 - $1,274,066

4 Beds
3.5 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 $8,038/month

6 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • Wood Flooring
  • Oak Street Elementary School Rated A
  • Ranch Style House
  • Attic

About This Home

As of December 2021

One of a kind, expanded ranch with beautiful views! Private setting with amazing picture views of wooded surroundings! This 2 acre property boasts 2 patios: ONE, with small pond with water feature. SECOND, patio over looking backyard. Remodeled kitchen 2012 w/ stainless steel appliances, double wall oven + induction cook top! Large island with plenty of seating! Nest thermostats, newer windows, & so much more. Enjoy the over-sized Family / Great Room for entertaining or just to enjoy the amazing windows and view! Or cozy up to the expansive stone fireplace in the living area! First floor includes: Master Bedroom with full bath, 2 bedrooms and additional hallway bath. Lower level offers: walk-out w/ separate entrance, bedroom, full bath & kitchenette. Plus, rec room and so much additional storage space! Smart home features: nest thermostats & ring flood light cameras. Generator hook up in home. This home has so much to offer! Showings begin Friday, 10/15!

Last Agent to Sell the Property

LISA VANHARA

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 10/12/2021

Last Buyer's Agent

Andrew Bacino

BLUE FLAGS REALTY LLC

BLUE FLAGS REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,178

Year Built

  • Built in 1958

Lot Details

  • 2.02 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Additional Parking

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Clapboard
  • Tile

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Family or Dining Combination
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Butlers Pantry
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • W Annin Middle School
  • Ridge High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Oil Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2702-02603-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,178

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Style: Expanded Ranch
  • Primary Style: Expanded Ranch
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Fridge in Basement, Utility room freezer, Washer & Dryer
  • Renovated Year: 2012
  • Street Number Display: 127
  • Directions: S. Finley to Lake, house on the right or Mt. AIry to Lake, house on the left
  • I D: 5108772
  • Modified: 2022-12-21
  • Number Images: 30
  • First Name: LISA
  • First Name3: ANDREW
  • Last Name: VANHARA
  • Last Name3: BACINO
  • Office Phone: 908-766-0085
  • Attribution Contact: 908-766-0085
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Insert, Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: CookIndu, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Range/Oven-Electric, Refrigerator, Sump Pump, OvnWElec, Washer, Water Softener-Own
  • Interior Amenities: Bar-Wet, Blinds, High Ceilings, SoakTub, Track Lighting, TubShowr
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Basement
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Kitchen, Laundry Room, Rec Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Kitchen, SepEnter
  • Kitchen Area: Center Island, Pantry, Separate Dining Area
  • Kitchen Dim: 24x14
  • Kitchen Level: First
  • Living Room Dim: 25x20
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Family Room, Foyer, Great Room, Kitchen, Living Room, Pantry, Powder Room
  • Level 2 Rooms: Attic
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Patio
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Ceiling Fan, Central Air
  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Baseboard - Hotwater, Heat Pump, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Well
  • Water Heater: Oil

Schools

  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 2.02AC
  • Assessed Improvement Value: 337100
  • Assessed Land Value: 374000
  • Assessment: 711100
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.02
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14178
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-02603-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

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
Seller's Agent
LISA VANHARA
KELLER WILLIAMS TOWNE SQUARE REAL
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
$1,207,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,517
Avg. Annual Appreciation
8.25%

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:

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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
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
Open Kandi R Mcmenamy Investment Tr $733,600
Previous Owner Hansen Brian M $572,000
Previous Owner Silvey Michele M $232,425
Previous Owner Silvey Michele M $200,000
Previous Owner Silvey Michele M $260,000
Previous Owner Silvey Charles $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Garden State MLS

MLS Number: 3745964

Garden State MLS

APN: 02-02603-0000-00006