$505,000
SOLD SEP 29, 2016

24 Woodstone Rd Basking Ridge, NJ 07920

3 Beds
2.5 Baths
991 Sq Ft
0.39 Acres

Recently Sold

$510 Per Sq Ft

28% Below List Price

363 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Wood Burning Stove
  • 1 Fireplace

About This Home

As of July 2022

Drastic price change! Lovely Colonial in one of the most desirable neighborhoods. Close to Top Schools, great downtown and train St.Charming home with built-ins, wood floors and cozy family room. This home and property are a great investment! Note: the Townships new 2016 assessments have been noted in Listing. The property taxes have not been confirmed, taxes reflect 2015.

Last Buyer's Agent

Claire Cassidy

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,977

Year Built

  • Built in 1939

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Country Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Schools

  • Cedar Hill 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 2702-02905-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,977

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1939
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 24
  • Directions: Cross Rd to Woodstone. Follow Woodstone, home on corner of Grove and Woodstone
  • I D: 4560289
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: HOMESTEAD VILLAGE
  • First Name: SUSAN H.
  • First Name3: CLAIRE
  • Last Name: LANCASTER
  • Last Name3: CASSIDY
  • Office Phone3: 973-635-3279
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum, Wood
  • Fireplace Description: Wood Stove-Freestanding
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Country Kitchen, Pantry, Eat-In Kitchen
  • Kitchen Dim: 20x10
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Dim: 9x8
  • Other Room1 Level: Second
  • Other Room 2: Laundry Room
  • Other Room2 Level: Second
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Den, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Phone: 908-766-7447

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Open Porch(es), Wood Fence
  • Roof Description: Composition Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer, Sewer Charge Extra
  • 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: .39AC
  • Assessed Improvement Value: 243500
  • Assessed Land Value: 361700
  • Assessment: 605200
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.39
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10977
  • Assessor Parcel Number: 2702-02905-0000-00001-0000-
  • Tax Rate Amount: 1.934
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year: 2016

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 28, 2022
Sold by
Heymann Frederick I and Heymann Maria I
Bought by
Mclucas David and Lucas Stephanie A
Seller's Agent
Claire Cassidy
COLDWELL BANKER REALTY
Buyer's Agent
KATHLEEN BARRETT
PROMINENT PROPERTIES SIR
List Price
$925,000
Sold Price
$950,000
Premium/Discount to List
$25,000
2.7%
Current Estimated Value
$1,156,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,574
Avg. Annual Appreciation
6.04%
Original Mortgage
$855,000
Outstanding Balance
$820,265
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$315,906

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 3, 2018
Sold by
Phoenix Real Property Construction Llc
Bought by
Heymann Frederick and Chiclana Maria I
Seller's Agent
Claire Cassidy
COLDWELL BANKER REALTY
Buyer's Agent
Richard Murgittroyd
COMPASS NEW JERSEY, LLC
List Price
$809,000
Sold Price
$769,000
Premium/Discount to List
-$40,000
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$600,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 3, 2016
Sold by
Anderson Sarah L and Hangley Charles A
Bought by
Phoenix Real Property Con Struction Ll C
Buyer's Agent
Claire Cassidy
COLDWELL BANKER REALTY
List Price
$699,999
Sold Price
$505,000
Premium/Discount to List
-$194,999
-27.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.87%
Interest Rate
3.42%

Purchase Details

Closed on
Apr 16, 2008
Sold by
Smith Kenneth Bradley and Smith Lynn
Bought by
Hangley Charles A and Hangley Sarah L

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
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Lulofs Timothy and Lulofs Cheryl Lynn
Bought by
Smith Kenneth Bradley and Smith Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,850
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 1994
Sold by
Coopersmith Regina
Bought by
Lulofs Tim and Lolofs Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.5%
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 Type Sale Price Title Company
Deed $950,000 Ensure Title
Deed $769,000 None Available
Deed $505,000 --
Bargain Sale Deed $599,000 Old Republic National Title
Deed $658,500 None Available
Deed $277,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $855,000 VA
Previous Owner $600,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $60,000 Credit Line Revolving
Previous Owner $410,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $65,850 Credit Line Revolving
Previous Owner $526,800 New Conventional
Previous Owner $203,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $950,000 +2.7% $959 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $925,000 +20.3% $933 / Sq Ft
04/05/2018 04/05/18 Sold $769,000 -4.9% $776 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $809,000 +60.2% $816 / Sq Ft
09/29/2016 09/29/16 Sold $505,000 -27.9% $510 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/13/2015 08/13/15 For Sale $699,999 -- $706 / 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 -- $942,500 $351,700 $590,800
2023 $15,774 $890,200 $351,700 $538,500
2022 $15,825 $786,900 $351,700 $435,200
2021 $15,774 $747,600 $341,700 $405,900
2020 $15,554 $742,800 $341,700 $401,100
2019 $15,509 $762,500 $351,700 $410,800
2018 $10,117 $504,600 $361,700 $142,900
2017 $10,036 $504,600 $361,700 $142,900
2016 $11,807 $605,200 $361,700 $243,500
2015 $10,977 $572,900 $336,700 $236,200
2014 $10,782 $557,500 $336,700 $220,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3245970

Garden State MLS

APN: 02-02905-0000-00001