NOT LISTED FOR SALE

177 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $1,152,000 - $1,254,072

3 Beds
3 Baths
3,000 Sq Ft
$406/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $875,000 $292 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,778/month

5 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Cape Cod Architecture
  • Stream or River on Lot
  • Oak Street Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of June 2021

Rare opportunity to own this sun-filled expanded cape situated on 2+ acres in the heart of Basking Ridge. Spacious main level features updated kitchen with granite countertops, custom cabinets, stainless steel appliances and separate breakfast area, dining room with bay window, living room and step-down family room room with wood burning fireplace all with access to expansive deck. Large master suite with sitting room, perfect for office or nursery. Two additional bedrooms on 2nd level and a bonus room on ground level complete this inviting home.

Last Agent to Sell the Property

JAMES ZIMA

KL SOTHEBY'S INT'L. REALTY Listed on: 03/26/2021

Last Buyer's Agent

ASHLEY FAHEY

FAHEY REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,076

Year Built

  • Built in 1946

Lot Details

  • 2.06 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 3,000 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Storage Shed

Schools

  • Oak St 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
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-02701-0000-00029-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,076

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1946
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: electric
  • Exclusions: Breakfast Area light fixture.
  • Directions: Oak or Lake to Spencer
  • I D: 5057104
  • Section Subdiv Development: Spencer
  • First Name: JAMES
  • First Name3: ASHLEY
  • Last Name: ZIMA
  • Last Name3: FAHEY
  • Office Phone3: 908-451-2523
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Flooring: Carpeting, Marble, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, JacuzTyp, Skylight, Smoke Detector, Walk-In Closet
  • Bedrooms: 3
  • Master Bedroom Desc: Sitting Room
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 14x23
  • Kitchen Level: First
  • Living Room Dim: 14x11
  • Living Room Level: First
  • Other Room1 Dim: 20x17
  • Other Room1 Level: Ground
  • Other Room 2: Rec Room
  • Other Room2 Dim: 20x17
  • Other Room2 Level: Second
  • Other Room 3: SittngRm
  • Other Room3 Dim: 10x14
  • Other Room3 Level: Second
  • Other Level Rooms: GarEnter
  • Level 1 Rooms: Bath(s) Other, Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Living Room, LivDinRm, RecRoom
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Estimated Sq Ft: 3000
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck, Storage Shed, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Schools

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

Lot Info

  • Lot Size: 2.06AC
  • Easement: Yes
  • Lot Description: Level Lot, Stream On Lot, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.06
  • Zoning: Res

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: 15076
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-02701-0000-00029-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 16, 2021
Sold by
Roller William G and Roller Jill M
Bought by
Wood Nanske and Wood William
Seller's Agent
JAMES ZIMA
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ASHLEY FAHEY
FAHEY REALTORS
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,217,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,268
Avg. Annual Appreciation
7.74%
Original Mortgage
$700,000
Outstanding Balance
$633,763
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$583,505

Purchase Details

Closed on
Aug 31, 2001
Sold by
Otero Antonio
Bought by
Roller William and Roller Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.05%

Purchase Details

Closed on
Oct 18, 1996
Sold by
Buck Charles
Bought by
Otero Antonio and Otero Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
8.1%

Purchase Details

Closed on
Jan 4, 1994
Sold by
Fodor Nicholas
Bought by
Steinmetz Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wood Nanske $875,000 Liberty Abstract Inc
Roller William $530,000 --
Otero Antonio $408,500 --
Steinmetz Kristen $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Nanske $700,000
Previous Owner Roller William $250,000
Previous Owner Otero Antonio $230,000
Previous Owner Steinmetz Kristen $359,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $875,000 0.0% $292 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $875,000 -- $292 / 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
2025 $16,203 $1,021,100 $451,500 $569,600
2024 $16,203 $910,800 $416,500 $494,300
2023 $15,814 $838,500 $416,500 $422,000
2022 $16,094 $800,300 $416,500 $383,800
2021 $15,383 $740,900 $416,500 $324,400
2020 $15,077 $720,000 $427,100 $292,900
2019 $14,917 $733,400 $427,100 $306,300
2018 $14,827 $739,500 $437,400 $302,100
2017 $14,880 $748,100 $437,400 $310,700
2016 $14,398 $738,000 $437,400 $300,600
2015 $13,800 $733,300 $427,400 $305,900
2014 $12,454 $656,900 $390,400 $266,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3700702

Garden State MLS

APN: 02-02701-0000-00029