NOT LISTED FOR SALE

140 Lake Rd Basking Ridge, NJ 07920

Estimated Value: $1,392,000 - $1,553,000

5 Beds
4.5 Baths
-- Sq Ft
1.44 Acres

Last Sold December 11, 2020

Last sale price $949,900

Est. 54% increase in value since last sale

Current estimated payment $9,949/month

83 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wooded Lot
  • Cedar Hill Elementary School Rated A
  • Family Room with Fireplace
  • Cathedral Ceiling

About This Home

As of December 2020

Don't miss this stunning, custom built brick colonial on almost an acre and a half, situated in a tranquil location surrounded by mature trees, sweeping lawns, and specimen plantings. A gracious center hall foyer welcomes you and flows seamlessly into all the public rooms. An updated kitchen with SS appliances and granite counters leads to the stunning family room with volume ceiling and soaring fireplace. This home HAS TWO MASTER SUITES - the main one on the first level has two walk in closets, sitting room / office, full bath with separate tub and shower, and a private balcony. Upstairs, there are four more bedrooms including the second master suite. Outside, enjoy tranquility from your deck or patio. There is a finished walkout basement, and 3 car garage!

Last Listed By

Marie Young

COLDWELL BANKER REALTY Listed on: 08/17/2020

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,380

Year Built

  • Built in 1990

Lot Details

  • 1.44 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-03901-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,380

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1990
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: On File plus washer dryer excluded
  • Street Number Display: 140
  • Directions: Lake Road between Culberson and S. Alward
  • I D: 5006601
  • Modified: 2021-12-12
  • Number Images: 24
  • First Name: MARIE
  • First Name2: KELLY ANN
  • First Name3: MEGHAN M.
  • Last Name: YOUNG
  • Last Name2: PETERPAUL
  • Last Name3: RUSSO
  • Office Phone: 908-812-2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Rec Room
  • Number of Fireplaces: 2
  • Appliances: Central Vacuum, CookElec, CookGas, Dishwasher, Disposal, Generator-Hookup, Kitchen Exhaust Fan, Self Cleaning Oven, OvnWElec
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, JacuzTyp, Skylight, Smoke Detector, StallShw, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Bath(s) Other, Rec Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Office
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Living Room Dim: 18x16
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 14x14
  • Other Room1 Level: Second
  • Other Room 2: Breakfast
  • Other Room2 Dim: 11x14
  • Other Room2 Level: First
  • Other Room 3: Office
  • Other Room3 Dim: 12x9
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 51x25
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Office, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck, Open Porch(es), Patio, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Finished Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

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

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 1.44AC
  • Assessed Improvement Value: 636800
  • Assessed Land Value: 365200
  • Assessment: 1002000
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot, Wooded Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.44

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: 20380
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-03901-0000-00013-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Dec 7, 2020
Sold by
Mckinney Daniel E and Mckinney Spomenka
Bought by
Jimenez Cesar Garcia and Garcia Dana
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
MEGHAN M. RUSSO
KELLER WILLIAMS SUBURBAN REALTY
List Price
$999,999
Sold Price
$949,900
Premium/Discount to List
-$50,099
-5.01%
Total Days on Market
83
Current Estimated Value
$1,466,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,253
Avg. Annual Appreciation
11.86%
Original Mortgage
$759,920
Outstanding Balance
$690,542
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$875,356

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
Jimenez Cesar Garcia $949,900 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Cesar Garcia $759,920
Previous Owner Mckinney Daniel E $279,500
Previous Owner Mckinney Daniel E $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $949,900 0.0% --
11/08/2020 11/08/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $949,900 -5.0% --
08/17/2020 08/17/20 For Sale $999,999 -- --
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 $20,907 $1,175,200 $361,100 $814,100
2023 $19,809 $1,050,300 $361,100 $689,200
2022 $19,670 $978,100 $361,100 $617,000
2021 $20,022 $948,900 $361,100 $587,800
2020 $20,517 $979,800 $365,200 $614,600
2019 $20,381 $1,002,000 $365,200 $636,800
2018 $20,299 $1,012,400 $371,700 $640,700
2017 $18,762 $943,300 $371,700 $571,600
2016 $18,339 $940,000 $371,700 $568,300
2015 $17,964 $937,600 $362,700 $574,900
2014 $16,901 $873,900 $353,500 $520,400
Source: Public Records

Agents Affiliated with this Home

  • Marie Young

    Seller's Agent in 2020

    Marie Young

    COLDWELL BANKER REALTY

    (908) 938-2525

    155 Total Sales

    Marie Young
    Section Image
  • Kelly Peterpaul

    Seller Co-Listing Agent in 2020

    Kelly Peterpaul

    COLDWELL BANKER REALTY

    (908) 410-6777

    120 Total Sales

    Kelly Peterpaul
    Section Image

  • M

    Buyer's Agent in 2020

    MEGHAN M. RUSSO

    KELLER WILLIAMS SUBURBAN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3657328

Garden State MLS

APN: 02-03901-0000-00013

New Jersey Somerset County Basking Ridge 07920

140 Lake Rd, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 140 Lake Rd, Basking Ridge, NJ 07920 since 17 August 2020 and is currently estimated at $1,466,153. This property was built in 1990. 140 Lake Rd is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information deemed reliable but not guaranteed.
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