$790,000
SOLD AUG 30, 2018

32 Launcelot Ln Basking Ridge, NJ 07920

4 Beds
4 Baths
2,268 Sq Ft
1.05 Acres

Recently Sold

$348 Per Sq Ft

8% Below List Price

73 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wooded Lot
  • Liberty Corner Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of August 2018

Renovated 2016.$132k worth of improvements make this home practically new & in move in condition.This beautiful colonial is in one of the best neighborhoods in BR.Close to RT 78 & 287, but no highway noise,Gorgeous Kitchen w/ bfst bar, new cabinetry, new ss appl's/Vigo farm sink, Dacor cooktop, Kit Aid convection wall oven + wall oven, & granite . No wait for bathroom, 4 FULL remodeled baths, 1 full bath on 1st Fl & office can be used as guest bedroom. Hardwood floors on both levels, Open LR/DR w/ brick wood-burning fireplace and bay window that faces the park-like backyard.Property is on level, wooded lot with beautiful,flowering mature trees. Sun in the backyard during the day and shady when it's time to BBQ. Front yard w/mature trees. Also has: rec room,exercise room, workshop, shed & wood deck. Come see!

Last Agent to Sell the Property

LYNN FARRELL

BHHS FOX & ROACH Listed on: 05/08/2018

BHHS FOX & ROACH

Last Buyer's Agent

VIVEK MALHOTRA

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,184

Year Built | Renovated

  • 1969 | 2016

Lot Details

  • 1.05 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Updated or Remodeled
  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Garage Access
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-05202-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,184

Year Built | Renovated

1969 | 2016

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Renovated
  • County Name: Somerset
  • Renovated Year: 2016
  • Street Number Display: 32
  • Directions: Mt Airy to Stockmar and right on Launcelot or Mt Airy to Kensington and left on Launcelot.
  • I D: 4799581
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Mt Airy Estates
  • First Name: LYNN
  • First Name3: VIVEK
  • Last Name: FARRELL
  • Last Name3: MALHOTRA
  • Office Phone: 908-580-5000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1969
  • Year Renovated: 2016

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Dining Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump, WineRefr
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Utility Room, Workshop, Storage Room, Exercise Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 23x12
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 15x11
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 29x13
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: First
  • Level 1 Rooms: Laundry Room, MudRoom, Foyer, Office, GarEnter, Living Room, Dining Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Humidifr
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

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: 1.05AC
  • Assessed Improvement Value: 376400
  • Assessed Land Value: 387000
  • Assessment: 763400
  • Easement: Unknown
  • Lot Description: Level Lot, Wooded Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.05

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15184
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-05202-0000-00006-0000-
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 24, 2018
Sold by
Bosio Jose A and Bosio Maria
Bought by
Sartorio Diego and Sartorio Leandra De Queiroz
Seller's Agent
LYNN FARRELL
BHHS FOX & ROACH
Buyer's Agent
VIVEK MALHOTRA
COLDWELL BANKER REALTY
List Price
$859,999
Sold Price
$790,000
Premium/Discount to List
-$69,999
-8.14%
Total Days on Market
73
Current Estimated Value
$1,244,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,691
Avg. Annual Appreciation
6.95%
Original Mortgage
$632,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2015
Closed on
Feb 3, 2016
Sold by
Vreeland Williamson U and Vreeland Judith S
Bought by
Bosio Jose A and Bosio Maria
Seller's Agent
MARSHALL DECRISTOFARO
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MARSHALL DECRISTOFARO
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$869,000
Sold Price
$720,000
Premium/Discount to List
-$149,000
-17.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$576,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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 $790,000 Nrt Title Agency Llc
Deed $720,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Open $622,500 New Conventional
Closed $632,000 New Conventional
Previous Owner $576,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $790,000 -8.1% $348 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $859,999 +19.4% $379 / Sq Ft
02/16/2016 02/16/16 Sold $720,000 -17.1% $317 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $869,000 -- $383 / 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 $17,422 $979,300 $376,000 $603,300
2023 $17,178 $910,800 $366,000 $544,800
2022 $16,971 $843,900 $366,000 $477,900
2021 $16,025 $783,800 $366,000 $417,800
2020 $16,025 $765,300 $366,000 $399,300
2019 $15,884 $780,900 $376,500 $404,400
2018 $14,879 $742,100 $387,000 $355,100
2017 $15,184 $763,400 $387,000 $376,400
2016 $14,435 $739,900 $397,000 $342,900
2015 $14,711 $767,800 $402,000 $365,800
2014 $13,832 $715,200 $392,000 $323,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3468417

Garden State MLS

APN: 02-05202-0000-00006