NOT LISTED FOR SALE

24 Spruce St Basking Ridge, NJ 07920

Estimated Value: $1,542,000 - $1,936,361

4 Beds
2 Baths
1,144 Sq Ft
$1,525/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $450,000 $393 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $11,464/month

239 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Oak Street Elementary School Rated A
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

As of December 2019

Immaculate 4 Bedroom, 2 Bath Colonial on cul-de-sac street close to the village of Basking Ridge. Centrally located, all the schools are with-in 2 miles or less, as well as the Y, the Library and the town center. Updated kitchen, fireplace, 1st floor Master w/ dressing room, updated maintenance free deck, paver patio, large three season porch, potting shed/workshop, freshly painted basement and hardwood floors are just a few of the features.

Last Agent to Sell the Property

Donald Philhower

COLDWELL BANKER REALTY Listed on: 02/07/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

BRANDON HOROWITZ

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,378

Year Built

  • Built in 1930

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Property is zoned R-7 Residenti

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Workshop
  • Utility Room
  • Unfinished Basement
  • Sump Pump
  • Attic

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-02001-0000-00026-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,378

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 24
  • Directions: West Oak Street to South Alward Avenue to Right on Spruce to house on Left
  • I D: 4853420
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: DONALD
  • First Name3: BRANDON
  • Last Name: PHILHOWER
  • Last Name3: HOROWITZ
  • Office Phone: 908-295-3201
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Wood Stove-Freestanding, Gas Fireplace
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: TubShowr, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Dressing Room, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room, Workshop
  • Family Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 19x9
  • Kitchen Level: First
  • Living Room Dim: 23x16
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Dim: 7x7
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Dim: 7x8
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Level: First
  • Other Room 4: Bathroom
  • Other Room4 Level: Second
  • Level 1 Rooms: MudRoom, 2 Bedrooms, Foyer, Screened, Living Room, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Attic, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-766-2900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Enclosed Porch(es), Workshop, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Loft Storage, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Gravel, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Window A/C(s), Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

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: .69AC
  • Assessed Improvement Value: 216800
  • Assessed Land Value: 350700
  • Assessment: 567500
  • Easement: Unknown
  • Lot Description: Level Lot, Cul-De-Sac, Open Lot
  • Lot Identifier: 26
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.69
  • Zoning: R-7 Residenti

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: 11378
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-02001-0000-00026-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Horowitz & Frasher Llc
Bought by
Mulholland Jason and Mulholland Danielle
Current Estimated Value
$1,744,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,260
Outstanding Balance
$1,031,006
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$713,781

Purchase Details

Listed on
Feb 7, 2019
Closed on
Nov 27, 2019
Sold by
Coakley William A and Coakley Susan R
Bought by
Horowitz & Frasher Llc
Seller's Agent
Donald Philhower
COLDWELL BANKER REALTY
Buyer's Agent
BRANDON HOROWITZ
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.32%
Original Mortgage
$1,043,535
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mulholland Jason $1,452,825 Fidelity National Ttl Ins Co
Horowitz & Frasher Llc $450,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulholland Jason $1,162,260
Previous Owner Horowitz & Frasher Llc $1,043,535
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $450,000 -24.9% $393 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $599,000 -- $524 / 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 $26,552 $1,583,000 $400,700 $1,182,300
2024 $26,552 $1,492,500 $360,700 $1,131,800
2023 $27,756 $1,471,700 $360,700 $1,111,000
2022 $28,977 $1,440,900 $350,700 $1,090,200
2021 $29,202 $1,384,000 $350,700 $1,033,300
2020 $8,271 $395,000 $385,800 $9,200
2019 $11,639 $572,200 $350,700 $221,500
2018 $11,378 $567,500 $350,700 $216,800
2017 $11,152 $560,700 $345,700 $215,000
2016 $10,666 $546,700 $345,700 $201,000
2015 $10,530 $549,600 $345,700 $203,900
2014 $10,397 $537,600 $345,700 $191,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3530619

Garden State MLS

APN: 02-02001-0000-00026