NOT LISTED FOR SALE

490 Lyons Rd Basking Ridge, NJ 07920

Estimated Value: $706,000 - $852,000

3 Beds
1 Bath
-- Sq Ft
0.47 Acres

Last Sold June 27, 2019

Last sale price $500,000

Est. 54% increase in value since last sale

Current estimated payment $5,121/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wine Refrigerator
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Eat-In Country Kitchen

About This Home

As of June 2019

An American Classic, this beautiful Colonial in Basking Ridge is a MUST SEE! Boasts a remodeled large eat in kitchen with new appliances, granite counter tops, wine fridge and walk out to wrap around deck. The second level has three bedrooms, a newly updated designer bathroom: separate shower, stand-alone tub, crown molding and gleaming hardwood floors throughout. Anderson windows and siding (2014). Large level lot with long paved driveway, and 2 car garage with a workshop area. 2 zone gas heat. central air conditioner (2018), water heater (2013). Excellent Bernards Township schools! NYC Midtown Direct trains/park & ride close by. Easy access to Routes 287 and 78.

Last Agent to Sell the Property

JULIE MORGAN

BHHS FOX & ROACH Listed on: 04/03/2019

Last Buyer's Agent

Molly Scott

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,934

Year Renovated

  • 2014

Lot Details

  • 0.47 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Oversized Parking

Home Design

  • Colonial Architecture
  • Updated or Remodeled
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Living Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-07601-0000-00026-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,934

Year Renovated

2014

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Renovated Year: 2014
  • Street Number Display: 490
  • Directions: From Rt 287 to Mt Airy Right on Lyons Rd.
  • I D: 4884055
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: JULIE
  • First Name3: MOLLY
  • Last Name: MORGAN
  • Last Name3: SCOTT
  • Office Phone: 908-580-5000
  • Office Phone3: 908-766-6500
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven, WineRefr
  • Interior Amenities: Fire Alarm Sys, Blinds, Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Dining Room Level: First
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room1 Level: Basement
  • Level 1 Rooms: Living Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storm Door(s), Storm Window(s), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground
  • 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: .47AC
  • Assessed Improvement Value: 183600
  • Assessed Land Value: 262000
  • Assessment: 445600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 26
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.47

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8934
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-07601-0000-00026-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jun 26, 2019
Sold by
Atanasio Gregory J and Atanasio Morgan J
Bought by
Pelliccione Michael and Pelliccione Ashley
Seller's Agent
JULIE MORGAN
BHHS FOX & ROACH
Buyer's Agent
Molly Scott
TURPIN REAL ESTATE, INC.
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Current Estimated Value
$772,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,266
Avg. Annual Appreciation
6.71%
Original Mortgage
$400,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
Bond David and Bond Rosibel D
Bought by
Atanasio Gregory J and Atanasio Morgan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,400
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Hagopian Matthew C and Hagopian Susan B
Bought by
Bond David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Pelliccione Michael $500,000 Foundation Title Llc
Atanasio Gregory J $459,000 None Available
Bond David $300,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelliccione Michael $343,000
Closed Pelliccione Michael $400,000
Previous Owner Atanasio Gregory J $410,400
Previous Owner Bond David K $184,600
Previous Owner David K $25,000
Previous Owner Bond David K $208,250
Previous Owner Bond David $205,000
Previous Owner Hagopian Matthew C $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $500,000 -2.0% --
04/16/2019 04/16/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $510,000 -- --
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 $10,952 $615,600 $296,500 $319,100
2023 $10,220 $541,900 $278,500 $263,400
2022 $10,560 $525,100 $278,500 $246,600
2021 $10,212 $484,000 $265,000 $219,000
2020 $9,995 $477,300 $265,000 $212,300
2019 $9,285 $456,500 $269,200 $187,300
2018 $8,934 $445,600 $262,000 $183,600
2017 $8,648 $434,800 $250,900 $183,900
2016 $6,893 $353,300 $250,900 $102,400
2015 $6,972 $363,900 $259,900 $104,000
2014 $6,605 $341,500 $268,900 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3544364

Garden State MLS

APN: 02-07601-0000-00026