NOT LISTED FOR SALE

176 Lake Rd Basking Ridge, NJ 07920

Estimated Value: $1,200,318 - $1,389,000

5 Beds
3.5 Baths
2,886 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $837,500 $290 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,630/month

82 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Recreation Room
  • Oak Street Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2018

Bucolic setting, set back from the road, nestled along one of Basking Ridge's prettiest tree-lined streets. Traditional center hall colonial on lovely 0.92 acre level lot w/in-ground pool. Warmth envelopes you the moment you step through the door. This gracious home boasts hardwood floors throughout, generous room sizes and flowing floor plan, fabulous for entertaining and flexible living options. Large eat-in kitchen with center island. GE Cafe appliances, granite and Corian counters. First-floor office/library with custom oak built-ins. Selectively updated baths with custom tiling. Large Tigerwood decking nicely transitions to hardscape stonewalls and patio, manicured back yard and pool. Ridge HS is the #6 US News NJ Public open-admissions High School.

Last Listed By

Edward Toombs

COLDWELL BANKER REALTY Listed on: 05/30/2018

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,178

Year Built

  • 1978

Lot Details

  • 0.92 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Exterior Basement Entry

Pool

  • In Ground Pool
  • Pool Liner

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-03901-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,178

Year Built

1978

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • County Name: Somerset
  • Exclusions: Outdoor speakers
  • Street Number Display: 176
  • Directions: S. Finley or Mt. Airy to Lake Road
  • I D: 4805275
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: EDWARD
  • First Name3: BARBARA
  • Last Name: TOOMBS
  • Last Name3: MULCAHY
  • Office Phone: 908-766-8366
  • Office Phone3: 908-665-0600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, Range/Oven-Gas, Refrigerator, Dishwasher, Microwave Oven
  • Interior Amenities: JacuzTyp, Fire Extinguisher, Shades
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: 1 Bedroom, Utility Room, Outside Entrance, Storage Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, SepEnter, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 17x13
  • Kitchen Level: First
  • Living Room Dim: 21x14
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 14x12
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 12x11
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Dim: 29x13
  • Other Room3 Level: Basement
  • Level 1 Rooms: Laundry Room, Foyer, Office, GarEnter, Living Room, Dining Room, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Storage Shed, Metal Fence, Storm Window(s), Open Porch(es), Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: In-Ground Pool, Liner
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Humidifr
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

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: .92AC
  • Assessed Improvement Value: 410500
  • Assessed Land Value: 352600
  • Assessment: 763100
  • Easement: Unknown
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15178
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-03901-0000-00002-0000-
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Sep 10, 2018
Sold by
Forsberg Calvin and Forsberg Jacqueline
Bought by
Leffler John and Leffler Shauna
Seller's Agent
Edward Toombs
COLDWELL BANKER REALTY
Buyer's Agent
Barbara Mulcahy
RE/MAX INTEGRITY ADVANTAGE
List Price
$849,000
Sold Price
$837,500
Premium/Discount to List
-$11,500
-1.35%
Total Days on Market
82
Current Estimated Value
$1,285,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,080
Avg. Annual Appreciation
6.06%
Original Mortgage
$670,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2010
Sold by
Martinez Ralph A and Martinez Lisa A
Bought by
Forsberg Calvin and Forsberg Jacqueline

Purchase Details

Closed on
Nov 18, 2005
Sold by
Ferderber Nancy J
Bought by
Martinez Ralph A and Martinez Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.06%

Range of Values:

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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
Leffler John $837,500 Prestige Title Agency Inc
Forsberg Calvin $750,000 Stewart Title Guaranty Co
Martinez Ralph A $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leffler John Marc $641,000
Closed Leffler John $670,000
Closed Leffler John $670,000
Previous Owner Martinez Ralph A $540,000
Previous Owner Martinez Ralph A $565,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $837,500 -1.4% $290 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $849,000 -- $294 / 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 $17,210 $967,400 $349,200 $618,200
2023 $17,089 $906,100 $349,200 $556,900
2022 $17,083 $849,500 $349,200 $500,300
2021 $17,161 $813,300 $349,200 $464,100
2020 $16,482 $787,100 $348,500 $438,600
2019 $16,119 $792,500 $348,500 $444,000
2018 $15,208 $758,500 $352,600 $405,900
2017 $15,178 $763,100 $352,600 $410,500
2016 $14,709 $753,900 $352,600 $401,300
2015 $14,385 $750,800 $343,600 $407,200
2014 $13,919 $719,700 $337,600 $382,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3474919

Garden State MLS

APN: 02-03901-0000-00002