NOT LISTED FOR SALE

5 Butternut Ln Basking Ridge, NJ 07920

Estimated Value: $2,950,000 - $3,457,230

6 Beds
8 Baths
-- Sq Ft
2.33 Acres

Last Sold July 09, 2018

Last sale price $2,575,000

Est. 25% increase in value since last sale

Current estimated payment $21,944/month

11 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Custom Home
  • Oak Street Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Dining Room with Fireplace

About This Home

As of July 2018

Exquisite Bucks County Colonial masterfully built with steel beam, stone and clapboard construction. Extraordinary attention to detail and maintained to perfection, this home exudes the warmth of summer days while seamlessly blending the drama of vaulted ceilings, stunning millwork and exceptional spaces.This 25 room, 6 BR, 6.2 Bath home offers approx. 9000 sf. and 2500 sf in LL, of luxury amenities throughout, incl. 7 masonry FP, radiant heat, extensive moldings, natural stone, HW floors and Sonos sound system. The expansive gourmet Kitchen is a chef's dream, w/Open Floor Plan into stunning 2-story FR & Exquisite Cherry Library. LL incl handsome Bar/Kitchenette, 11-Seat Theatre and Exercise room. The outdoor oasis incl custom covered bluestone terrace, gunite pool, spa, chef's kitchen and gas firepit

Last Agent to Sell the Property

Kelly Peterpaul

COLDWELL BANKER REALTY Listed on: 03/19/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Michele Klug

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,590

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 2.33 Acre Lot
  • Privacy Fence
  • Fenced
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • Paver Block
  • Additional Parking

Home Design

  • Custom Home
  • Stone Siding
  • Clapboard

Interior Spaces

  • Wet Bar
  • Sound System
  • Dry Bar
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 7 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Library with Fireplace
  • Recreation Room with Fireplace
  • Game Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Sump Pump

Home Security

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

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Storage Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Underground Utilities
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2702-00202-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,590

Year Built

Built in 2001 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2001
  • Year Built Description: Renovated
  • County Name: Somerset
  • Exclusions: On file
  • Renovated Year: 2017
  • Street Number Display: 5
  • Directions: Childs Rd to Hardscrabble to Butternut
  • I D: 4771172
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: KELLY ANN
  • First Name3: MICHELE
  • Last Name: PETERPAUL
  • Last Name3: KLUG
  • Office Phone3: 908-766-0085
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Stone, Marble, Wood
  • Fireplace Description: Bedroom 1, Dining Room, Rec Room, Family Room, Great Room, Library
  • Number of Fireplaces: 7
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Generator-Built-In, OvnWElec, Refrigerator, CookGas, CookIndu, Water Filter, Dishwasher, Self Cleaning Oven, Water Softener-Own, Microwave Oven, Sump Pump, WineRefr
  • Interior Amenities: Bar-Dry, Bar-Wet, JacuzTyp, StallShw, Walk-In Closet, Bidet, Fire Alarm Sys, Security System, High Ceilings, Skylight, Stereo System, Smoke Detector
  • Number Rooms: 25
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Stall Shower, Jetted Tub
  • Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, GameRoom, Exercise Room, Bath(s) Other, Media Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Full Bath
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 28x28
  • Kitchen Level: First
  • Living Room Dim: 24x18
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 23x19
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 18x13
  • Other Room2 Level: Second
  • Other Room 3: SittngRm
  • Other Room3 Dim: 18x13
  • Other Room3 Level: Second
  • Other Room 4: Library
  • Other Room4 Dim: 31x18
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Laundry Room, MudRoom, Foyer, GameRoom, Library, GarEnter, Living Room, Dining Room, Great Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, SittngRm, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Stone, Clapboard
  • Exterior Features: Barbeque, OutDrKit, Storage Shed, Underground Lawn Sprinkler, Storm Door(s), FencVnyl, Metal Fence, Storm Window(s), Curbs, Privacy Fence
  • Pool: Yes
  • Pool Description: Gunite, In-Ground Pool, Outdoor Pool, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Attached Garage, Oversize Garage, InEntrnc
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking, Lighting, Paver Block, Driveway-Exclusive

Utilities

  • Cooling: Multi-Zone Cooling, Ceiling Fan, Central Air, 4 Units
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Hot Water, 4 Units, Forced Hot Air, Multi-Zone
  • Sewer: Septic 5+ Bedroom Town Verified, Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

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: 2.3330AC
  • Assessed Improvement Value: 1550600
  • Assessed Land Value: 475400
  • Assessment: 2026000
  • Easement: Unknown
  • Lot Description: Open Lot, Wooded Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.33

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 37590
  • Assessor Parcel Number: 2702-00202-0000-00005-0000-
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year: 2017

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2021
Sold by
Senska Erika and Tooman Craig
Bought by
Tooman Craig and Tooman Erika
Total Days on Market
11
Current Estimated Value
$3,225,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,825,000
Outstanding Balance
$1,652,616
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,572,461

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 5, 2018
Sold by
Matlesky Gerald G and Matlesky Kathy S
Bought by
Senska Erika and Tooman Craig
Seller's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
Buyer's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$2,599,000
Sold Price
$2,575,000
Premium/Discount to List
-$24,000
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,875,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Matlesky Gerald G and Matlesky Kathy S
Bought by
Matlesky Gerald G and Matlesky Kathy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 27, 2001
Sold by
Russo Anthony Dello
Bought by
Matlesky Gerald and Sullivan Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.67%
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
Tooman Craig -- All Jersey Title Llc
Senska Erika $2,575,000 Towne Square Title Agcy Llc
Matlesky Gerald G -- Lawyers Title Insurance Corp
Matlesky Gerald $2,230,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tooman Craig $1,825,000
Closed Senska Erika $1,875,000
Previous Owner Matlesky Gerald G $587,000
Previous Owner Matlesky Gerald G $500,000
Previous Owner Matlesky Gerald G $1,040,000
Previous Owner Matlesky Gerald $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $2,575,000 -0.9% --
03/30/2018 03/30/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $2,599,000 -- --
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 $46,078 $2,590,100 $479,800 $2,110,300
2023 $42,639 $2,260,800 $479,800 $1,781,000
2022 $44,668 $2,221,200 $479,800 $1,741,400
2021 $45,030 $2,134,100 $479,800 $1,654,300
2020 $47,737 $2,279,700 $459,800 $1,819,900
2019 $48,375 $2,378,300 $475,400 $1,902,900
2018 $40,621 $2,026,000 $475,400 $1,550,600
2017 $37,590 $1,889,900 $490,400 $1,399,500
2016 $38,386 $1,967,500 $470,400 $1,497,100
2015 $38,346 $2,009,400 $500,400 $1,509,000
2014 $40,074 $2,085,000 $550,400 $1,534,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3454600

Garden State MLS

APN: 02-00202-0000-00005