NOT LISTED FOR SALE

50 Springhouse Ln Basking Ridge, NJ 07920

Estimated Value: $1,493,901 - $1,712,000

4 Beds
3 Baths
-- Sq Ft
0.71 Acres

Last Sold June 30, 2021

Last sale price $1,250,000

Est. 32% increase in value since last sale

Current estimated payment $10,852/month

5 Days on Market

About This Home

As of June 2021

This home is located at 50 Springhouse Ln, Basking Ridge, NJ 07920 since 24 February 2021 and is currently estimated at $1,645,475. This property was built in 1987. 50 Springhouse Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

KAREN LEMKE

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 02/24/2021

Co-Listed By

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600

Last Buyer's Agent

Kelly Peterpaul

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,530

Year Built

  • Built in 1987

Lot Details

  • 0.71 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,530

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • Street Number Display: 50
  • I D: 5049616
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.71AC
  • Total Acres: 0.71

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
$1,645,475

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
6.68%
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%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Goss Kenneth Kirk $1,250,000 Chandler Sylvia
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 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
2025 $25,530 $1,529,700 $474,200 $1,055,500
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

  • K

    Seller's Agent in 2021

    KAREN LEMKE

    KL SOTHEBY'S INT'L. REALTY

  • J

    Seller Co-Listing Agent in 2021

    JILL FAHERTY

    KL SOTHEBY'S INT'L. REALTY

  • Kelly Peterpaul

    Buyer's Agent in 2021

    Kelly Peterpaul

    COLDWELL BANKER REALTY

    (908) 410-6777

    95 in this area

    130 Total Sales

    Kelly Peterpaul
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3693734

Garden State MLS

APN: 02-05502-0000-00008

New Jersey Somerset County Basking Ridge 07920

50 Springhouse Ln, Basking Ridge, NJ

This home is located at 50 Springhouse Ln, Basking Ridge, NJ 07920 since 24 February 2021 and is currently estimated at $1,645,475. This property was built in 1987. 50 Springhouse Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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