NOT LISTED FOR SALE

50 Springhouse Ln Basking Ridge, NJ 07920

Estimated Value: $1,555,000 - $1,746,000

4 Beds
2.5 Baths
-- Sq Ft
0.71 Acres

Last Sold June 30, 2021

Last sale price $1,250,000

Est. 30% increase in value since last sale

Current estimated payment $11,243/month

5 Days on Market

Highlights

  • Heated In Ground Pool
  • Colonial Architecture
  • Family Room with Fireplace
  • Cedar Hill Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of June 2021

Located in one of the most desirable neighborhoods in Basking Ridge, this classic colonial has been renovated from top to bottom. Enjoy cooking in the sophisticated kitchen designed and installed by TrueLeaf with a wolf 6 burner gas range/oven and a Subzero refrigerator. All baths were tastefully renovated pleasing the most discerning buyers. Stunning hardwood floors, new Anderson windows, and the new trek deck are just some of the gorgeous upgrades. The two story library/office is perfect for today's needs. The master suite includes two fitted closets, a bathroom with shower and soaking tub as well as a master sitting room. A handsomely finished basement completes this perfect package. Enjoy warm afternoons relaxing by the pool. Close to all schools, major highways and NJ Transit.

Last Listed By

KAREN LEMKE

KL SOTHEBY'S INT'L. REALTY Listed on: 02/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,387

Year Built

  • Built in 1987

Lot Details

  • 0.71 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Storage Room
  • Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Storage Shed

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-05502-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,387

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Garage refrigerator,basement freezer
  • Street Number Display: 50
  • Directions: Lyons Road to Quincy to Woods End to Spring House
  • I D: 5049616
  • Modified: 2022-07-01
  • Number Images: 25
  • Section Subdiv Development: Prince Edward Point
  • First Name: KAREN
  • First Name2: JILL
  • First Name3: KELLY ANN
  • Last Name: LEMKE
  • Last Name2: FAHERTY
  • Last Name3: PETERPAUL
  • Office Phone: 908-696-8600
  • Office Phone2: 289595
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Library
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Security System, Skylight, Smoke Detector, Window Treatments
  • Number Rooms: 10
  • 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: Soaking Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Level: Second
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Library, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Metal Fence, Patio, Storage Shed, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Heated, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

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: 0.71AC
  • Assessed Improvement Value: 554400
  • Assessed Land Value: 419200
  • Assessment: 973600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.71

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 20387
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-05502-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Goss Kenneth Kirk and Goss Cheryl Lynn
Bought by
Kkcg Llc
Total Days on Market
5
Current Estimated Value
$1,628,472

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 20, 2021
Sold by
Richman Ross G and Richman Karen
Bought by
Goss Kenneth Kirk and Goss Cheryl Lynn
Seller's Agent
KAREN LEMKE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
List Price
$1,175,000
Sold Price
$1,250,000
Premium/Discount to List
$75,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$822,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2007
Sold by
Oseland Melanie K and Oseland Bruce J
Bought by
Richman Ross G and Richman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1997
Sold by
Stanley Robert
Bought by
Oseland Bruce and Oseland Melaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
7.28%

Range of Values:

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Average Value
Not Available
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
Kkcg Llc $817,666 None Available
Goss Kenneth Kirk $1,250,000 None Available
Richman Ross G $1,175,000 None Available
Oseland Bruce $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goss Kenneth Kirk $822,000
Previous Owner Richunan Ross G $675,000
Previous Owner Richman Ross G $729,700
Previous Owner Richman Ross G $149,000
Previous Owner Richman Ross G $825,000
Previous Owner Richman Ross $75,000
Previous Owner Richman Ross G $825,000
Previous Owner Oseland Bruce $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $1,250,000 +6.4% --
03/04/2021 03/04/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,175,000 -- --
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 $25,530 $1,435,100 $424,200 $1,010,900
2023 $22,773 $1,207,500 $424,200 $783,300
2022 $22,471 $1,117,400 $419,200 $698,200
2021 $21,786 $1,032,500 $419,200 $613,300
2020 $20,387 $973,600 $419,200 $554,400
2019 $21,066 $1,035,700 $436,300 $599,400
2018 $19,525 $973,800 $436,300 $537,500
2017 $20,771 $1,044,300 $436,300 $608,000
2016 $21,157 $1,084,400 $436,300 $648,100
2015 $21,009 $1,096,500 $439,900 $656,600
2014 $20,439 $1,056,800 $428,400 $628,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3693734

Garden State MLS

APN: 02-05502-0000-00008