NOT LISTED FOR SALE

16 Springhouse Ln Basking Ridge, NJ 07920

Estimated Value: $1,518,000 - $1,615,000

4 Beds
3 Baths
-- Sq Ft
1.37 Acres

Last Sold April 02, 2024

Last sale price $1,415,000

Est. 10% increase in value since last sale

Current estimated payment $10,137/month

16 Days on Market

About This Home

As of April 2024

This home is located at 16 Springhouse Ln, Basking Ridge, NJ 07920 since 05 January 2024 and is currently estimated at $1,559,737. This property was built in 1987. 16 Springhouse Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

BARBARA GERDTS

WEICHERT REALTORS Brokerage Phone: 908-766-7500 Listed on: 01/05/2024

Last Buyer's Agent

Karen Gray

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,414

Year Built

  • Built in 1987

Lot Details

  • 1.37 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,414

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • Street Number Display: 16
  • I D: 5259987
  • Modified: 2025-04-03
  • Number Images: 1
  • Attribution Contact: 908-766-7500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.367AC.
  • Total Acres: 1.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Mar 29, 2024
Sold by
Keefe John and Keefe Donna
Bought by
Charney Michael and Marantz Elisa
Seller's Agent
BARBARA GERDTS
WEICHERT REALTORS
Buyer's Agent
Karen Gray
COLDWELL BANKER REALTY
List Price
$1,385,000
Sold Price
$1,415,000
Premium/Discount to List
$30,000
2.17%
Views
66
Current Estimated Value
$1,559,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,737
Avg. Annual Appreciation
6.90%
Original Mortgage
$1,132,000
Outstanding Balance
$1,115,150
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$444,587

Purchase Details

Closed on
Feb 1, 2013
Sold by
Proukou Theodore W and Proukou Lorraine D
Bought by
Keefe John and Keefe Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2008
Sold by
Schnitzer Harry and Schnitzer Wendy R
Bought by
Proukou Theodore W and Proukou Lorraine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Charney Michael $1,415,000 None Listed On Document
Keefe John $1,060,000 Wfg National Title Ins Co
Proukou Theodore W $1,050,000 Commonwealth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charney Michael $1,132,000
Previous Owner Keefe John $500,000
Previous Owner Keefe John $348,000
Previous Owner Proukou Theodore W $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $1,415,000 +2.2% --
01/29/2024 01/29/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $1,385,000 +30.7% --
04/15/2013 04/15/13 Sold $1,060,000 -- --
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 $22,414 $1,368,400 $487,400 $881,000
2024 $22,414 $1,259,900 $437,400 $822,500
2023 $19,835 $1,051,700 $437,400 $614,300
2022 $19,742 $981,700 $432,400 $549,300
2021 $19,431 $920,900 $432,400 $488,500
2020 $18,993 $907,000 $432,400 $474,600
2019 $19,610 $964,100 $456,100 $508,000
2018 $18,490 $922,200 $456,100 $466,100
2017 $19,550 $982,900 $456,100 $526,800
2016 $19,840 $1,016,900 $456,100 $560,800
2015 $19,760 $1,031,300 $463,000 $568,300
2014 $19,764 $992,800 $454,800 $538,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    BARBARA GERDTS

    WEICHERT REALTORS

  • Karen Gray

    Buyer's Agent in 2024

    Karen Gray

    COLDWELL BANKER REALTY

    (908) 507-3563

    56 in this area

    85 Total Sales

    Karen Gray
    Section Image
  • Chantal Konicek

    Seller's Agent in 2013

    Chantal Konicek

    BHHS FOX & ROACH

    (908) 612-0862

    47 in this area

    87 Total Sales

    Chantal Konicek
    Section Image

  • E

    Buyer's Agent in 2013

    ELAINE EDGE

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3880235

Garden State MLS

APN: 02-05502-0000-00003

New Jersey Somerset County Basking Ridge 07920

16 Springhouse Ln, Basking Ridge, NJ

This home is located at 16 Springhouse Ln, Basking Ridge, NJ 07920 since 05 January 2024 and is currently estimated at $1,559,737. This property was built in 1987. 16 Springhouse Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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