NOT LISTED FOR SALE

20 Parkwood Ln Basking Ridge, NJ 07920

Estimated Value: $1,613,708 - $1,748,000

5 Beds
5 Baths
4,048 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $1,300,000 $321 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $11,397/month

11 Days on Market

Highlights

  • Outdoor Pool
  • Sitting Area In Primary Bedroom
  • Deck
  • Liberty Corner Elementary School Rated A
  • Colonial Architecture
  • Family Room with Fireplace

About This Home

As of January 2022

Immaculate brick front center hall colonial on cul-de-sac. The large foyer welcomes you into this wonderful home. Stay left to the formal living room with wood burning fireplace or right to the large dining room. Straight ahead to the updated kitchen with a large island for all to gather and enjoy. The kitchen flows to the family room, with another fireplace, or out to the back yard. Just under 2 1/2 acres with heated, salt water in ground pool with waterfalls. First floor bedroom with en suite. And a bonus Great Room ! Enjoy the game in this relaxing room with wet bar and wine fridge and the 3rd firelplace. Upstairs are 4 bedrooms and 2 full baths. Hardwoods through out entire home. Finished basement with work out room, storage and a half bath. Work from home in your choice of any room in the house!ALL OFFERS DUE BY THURSDAY NOVEMBER 4th at 2:00. Thank you !

Last Agent to Sell the Property

KAREN NEWHOUSE

COLDWELL BANKER REALTY Listed on: 10/28/2021

COLDWELL BANKER REALTY

Co-Listed By

Lori Velasco

COLDWELL BANKER REALTY

Last Buyer's Agent

RICHARD F. SMITH

ERA SUBURB REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,538

Year Built

  • Built in 1991

Lot Details

  • 2.37 Acre Lot
  • Fenced
  • Wooded Lot

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Siding
  • Composite Building Materials

Interior Spaces

  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Home Gym
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Garage Access
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Heated Pool
  • Pool Liner

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Private Water Source
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2702-11201-0000-00028-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,538

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1991
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Dining Room Chandelier
  • Street Number Display: 20
  • Directions: Allen Road to Somerville Road to Parkwood Lane. Home on the left hand side
  • I D: 5112111
  • Modified: 2023-01-19
  • Number Images: 35
  • First Name: KAREN
  • First Name2: LORI
  • First Name3: RICHARD F.
  • Last Name: NEWHOUSE
  • Last Name2: VELASCO
  • Last Name3: SMITH
  • Office Phone: 908-766-0808
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Great Room, Living Room, Wood Burning
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, CookElec, Dishwasher, Dryer, Instant Hot Water, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, OvnWElec, Washer, WineRefr
  • Interior Amenities: Bar-Wet, Beam Ceilings, Bidet, Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Security System, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Jetted Tub, Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Exercise Room, Leisure, Powder Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 19x15
  • Kitchen Level: First
  • Living Room Dim: 15x20
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 23x22
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 11x12
  • Other Room2 Level: Second
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Entrance Vestibule, Family Room, Foyer, GarEnter, Great Room, Kitchen, Laundry Room, Living Room, OutEntrn, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Brick, Composition Siding
  • Exterior Features: Deck, Metal Fence, Outbuilding(s)
  • Pool: Yes
  • Pool Description: Heated, Liner, Outdoor Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop, Circular

Utilities

  • Cooling: 2 Units, Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Electric, GasPropL, OilAbIn
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Private, Septic, Septic 5+ Bedroom Town Verified
  • Utilities: All Underground, Gas In Street
  • Water: Private
  • Water Heater: Electric

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 2.37AC
  • Assessed Improvement Value: 495300
  • Assessed Land Value: 436100
  • Assessment: 931400
  • Lot Description: Wooded Lot
  • Lot Identifier: 28
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.37

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: 18538
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-11201-0000-00028-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jan 7, 2022
Sold by
Ko Albert E and Ko Dina M
Bought by
Fullowan Michael Robert and Fullowan Nicole Marie
Seller's Agent
KAREN NEWHOUSE
COLDWELL BANKER REALTY
Buyer's Agent
RICHARD F. SMITH
ERA SUBURB REALTY
List Price
$1,249,000
Sold Price
$1,300,000
Premium/Discount to List
$51,000
4.08%
Total Days on Market
11
Current Estimated Value
$1,680,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,677
Avg. Annual Appreciation
7.82%
Original Mortgage
$950,000
Outstanding Balance
$885,556
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$795,121

Purchase Details

Closed on
Dec 10, 2010
Sold by
Blake Douglas A and Coogan Blake Margaret
Bought by
Ko Albert E and Ko Dina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Fullowan Michael Robert $1,300,000 Land Title Services
Ko Albert E $950,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fullowan Michael Robert $950,000
Previous Owner Ko Albert E $100,000
Previous Owner Ko Albert E $948,000
Previous Owner Ko Albert E $900,000
Previous Owner Ko Albert E $860,000
Previous Owner Ko Albert E $95,000
Previous Owner Ko Albert E $776,000
Previous Owner Coogan Blake Margaret $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $1,300,000 +4.1% $321 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $1,249,000 -- $309 / 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 $24,097 $1,354,500 $436,100 $918,400
2023 $23,713 $1,257,300 $436,100 $821,200
2022 $23,269 $1,157,100 $436,100 $721,000
2021 $19,653 $931,400 $436,100 $495,300
2020 $18,538 $885,300 $436,100 $449,200
2019 $18,367 $903,000 $436,100 $466,900
2018 $18,250 $910,200 $436,100 $474,100
2017 $18,237 $916,900 $436,100 $480,800
2016 $18,092 $927,300 $441,100 $486,200
2015 $18,008 $936,300 $411,100 $525,200
2014 $18,046 $933,100 $411,100 $522,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3748978

Garden State MLS

APN: 02-11201-0000-00028