NOT LISTED FOR SALE

161 Lake Rd Basking Ridge, NJ 07920

Estimated Value: $1,004,000 - $1,154,000

4 Beds
3 Baths
864 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $730,000 $845 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,156/month

About This Home

As of August 2015

This home is located at 161 Lake Rd, Basking Ridge, NJ 07920 since 10 August 2015 and is currently estimated at $1,074,730, approximately $1,243 per square foot. This property was built in 1933. 161 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 Agent to Sell the Property

Lorraine Hunt Kopacz

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 08/10/2015

Last Buyer's Agent

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,655

Year Built

  • Built in 1933

Lot Details

  • 2.27 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,655

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Year Built: 1933
  • County Name: Somerset
  • Street Number Display: 161
  • I D: 4535020
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 2.27AC
  • Total Acres: 2.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Aug 7, 2015
Sold by
Kalinger Richard J and Kalinger Patricia A
Bought by
Hess John and Hess Melinda
Seller's Agent
Lorraine Hunt Kopacz
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
Sold Price
$730,000
Current Estimated Value
$1,074,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,730
Avg. Annual Appreciation
3.95%
Source: Public Records

Range of Values:

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ICE

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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
Hess John $728,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess John C $100,000
Closed Hess John C $50,000
Open Hess John $618,000
Previous Owner Kalinger Richard J $273,280
Previous Owner Kalinger Richard J $280,000
Previous Owner Kaltnger Richard J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $730,000 -- $845 / 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 $14,655 $823,800 $379,600 $444,200
2023 $14,990 $794,800 $379,600 $415,200
2022 $15,215 $756,600 $379,600 $377,000
2021 $15,133 $717,200 $379,600 $337,600
2020 $14,673 $700,700 $391,000 $309,700
2019 $14,720 $723,700 $391,000 $332,700
2018 $14,350 $715,700 $401,200 $314,500
2017 $13,849 $696,300 $401,200 $295,100
2016 $13,405 $687,100 $401,200 $285,900
2015 $12,791 $667,600 $392,200 $275,400
2014 $12,904 $667,200 $460,800 $206,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lorraine Hunt Kopacz

    KL SOTHEBY'S INT'L. REALTY

    (908) 217-7716

    6 in this area

    28 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    JILL FAHERTY

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3223405

Garden State MLS

APN: 02-02601-0000-00010

New Jersey Somerset County Basking Ridge 07920

161 Lake Rd, Basking Ridge, NJ

This home is located at 161 Lake Rd, Basking Ridge, NJ 07920 since 10 August 2015 and is currently estimated at $1,074,730, approximately $1,243 per square foot. This property was built in 1933. 161 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.

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