NOT LISTED FOR SALE

2 Lee Place Basking Ridge, NJ 07920

Estimated Value: $568,000 - $696,000

3 Beds
1.5 Baths
780 Sq Ft
$815/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $499,000 $640 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,111/month

32 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • Oak Street Elementary School Rated A
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of November 2022

Look no further! Perfectly located Cape Cod minutes away from the Center of Basking Ridge. 3 generous sized bedrooms, including new floors in the bedrooms upstairs! One awesome bonus room can be used as 4th bedroom. Finished basement offers perfect opportunity for home office or rec room. New natural gas service just brought to the house with a brand-new high efficiency water heater. Beautiful Bluestone Patio creates the perfect atmosphere for hosting nearly year around. Award Winning School System, half an hour to NYC, local train line, a commuter`s delight!

Last Agent to Sell the Property

Jason Miess

WEICHERT REALTORS Brokerage Phone: 347-495-5263 Listed on: 08/19/2022

WEICHERT REALTORS

Last Buyer's Agent

Jennifer Liming

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,648

Year Built

  • Built in 1947

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Direct Access Garage
  • Inside Entrance

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Exterior Basement Entry
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-01509-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,648

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2019
  • Street Number Display: 2
  • Directions: Mt Airey to Oak St. to Lee Pl #2
  • I D: 5173880
  • Modified: 2023-11-05
  • Number Images: 15
  • First Name: JASON
  • First Name3: JENNIFER
  • Last Name: MIESS
  • Last Name3: LIMING
  • Office Phone3: 908-696-8600
  • Attribution Contact: 347-495-5263
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 15x10
  • Kitchen Level: First
  • Living Room Dim: 16x16
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, InsdEntr, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms
  • Ground Level Rooms: Bath(s) Other, Exercise Room, GarEnter, Laundry Room, Outside Entrance, Rec Room, Storage Room, Utility Room
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Barbeque, Deck, Patio, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural, OilAbIn
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .22AC
  • Assessed Improvement Value: 144000
  • Assessed Land Value: 254400
  • Assessment: 398400
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22

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: 7648
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01509-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Nov 2, 2022
Sold by
Justo Anthony and Justo Kayleigh
Bought by
Song Gayun and Lee Choun Hoon
Seller's Agent
Jason Miess
WEICHERT REALTORS
Buyer's Agent
Jennifer Liming
TURPIN REAL ESTATE, INC.
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$635,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,338
Avg. Annual Appreciation
8.78%
Original Mortgage
$369,000
Outstanding Balance
$357,024
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$278,314

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 5, 2021
Sold by
Loughnane Philip L and Loughnane Eileen
Bought by
Justo Anthony
Seller's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
Buyer's Agent
ANTHONY JUSTO
WEICHERT REALTORS
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$417,050
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Ridge Realty Investments Llc
Bought by
Loughnane Philip L and Loughnane Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.48%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Buck Marc A
Bought by
Ridge Realty Investments Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Song Gayun $499,000 --
Song Gayun $499,000 None Listed On Document
Justo Anthony $439,000 Key Settlements Inc
Loughnane Philip L $390,000 --
Ridge Realty Investments Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Gayun $369,000
Closed Song Gayun $369,000
Previous Owner Justo Anthony $417,050
Previous Owner Loughnane Philip L $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $499,000 0.0% $640 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/21/2022 08/21/22 For Sale $499,000 +13.7% $640 / Sq Ft
04/07/2021 04/07/21 Sold $439,000 0.0% $563 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $439,000 -- $563 / 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 $8,708 $545,100 $317,100 $228,000
2024 $8,708 $489,500 $279,100 $210,400
2023 $8,730 $462,900 $279,100 $183,800
2022 $8,012 $398,400 $254,400 $144,000
2021 $7,649 $362,500 $231,900 $130,600
2020 $5,863 $280,000 $206,200 $73,800
2019 $5,770 $283,700 $208,800 $74,900
2018 $5,688 $283,700 $208,800 $74,900
2017 $5,571 $280,100 $209,100 $71,000
2016 $5,356 $274,500 $209,100 $65,400
2015 $5,359 $279,700 $213,400 $66,300
2014 $5,367 $277,500 $213,400 $64,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3803080

Garden State MLS

APN: 02-01509-0000-00001