NOT LISTED FOR SALE

508 Lyons Rd Basking Ridge, NJ 07920

Bernards Area

Estimated Value: $669,905 - $725,000

3 Beds
1 Bath
884 Sq Ft
$785/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2023

Last sale price $550,000 $622 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,473 / mo

22 Days on Market

About This Home

As of September 2023

This home is located at 508 Lyons Rd, Basking Ridge, NJ 07920 since 31 July 2023 and is currently estimated at $694,226, approximately $785 per square foot. This property was built in 1945. 508 Lyons Rd is a home located in Somerset County.

Last Agent to Sell the Property

Michele Klug

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 07/31/2023

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Keriann Fry

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 23,958 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0.55 Acres

Listing Details

  • Year Built: 1945
  • County Name: Somerset
  • I D: 5234499
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .55AC
  • Total Acres: 0.55

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 13, 2023
Sold by
Bought by
Seller's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Keriann Fry
COLDWELL BANKER REALTY
List Price
$588,000
Sold Price
$550,000
Premium/Discount to List
-$38,000
-6.46%
Views
85
Current Estimated Value
$694,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,226
Avg. Annual Appreciation
8.45%
Original Mortgage
$550,000
Interest Rate
7.12%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Basking Ridge, NJ

  • Stewart Daniels Real Estate Agent - RE/MAX PINNACLE

    Stewart Daniels

    RE/MAX PINNACLE

    (848) 400-4555

    82 Total Sales

    3 in Bernards

    $555,800 Price Range

    Stewart Daniels
     Section Image
  • Triveni Gurikar Real Estate Agent - RE/MAX NEIGHBORHOOD PROPERTIES

    Triveni Gurikar

    Responds Quickly

    RE/MAX NEIGHBORHOOD PROPERTIES

    (862) 263-7254

    64 Total Sales

    2 in Bernards

    $900K - $1.4M Price Range

    Triveni Gurikar
     Section Image
  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    46 Total Sales

    2 in Bernards

    $554K - $925K Price Range

    Sean Quinn
     Section Image
  • Roseann O'Keefe Real Estate Agent - NextHome Premier

    Roseann O'Keefe

    Responds Quickly

    NextHome Premier

    (848) 800-4213

    156 Total Sales

    1 in Bernards

    $1,079,500 Price

    Roseann O'Keefe
     Section Image
  • Jennifer Stowe Real Estate Agent - COMPASS NEW JERSEY, LLC

    Jennifer Stowe

    COMPASS NEW JERSEY, LLC

    (908) 503-2738

    82 Total Sales

    2 in Bernards

    $407K - $441K Price Range

    Jennifer Stowe
     Section Image
  • Lisa Molinari Real Estate Agent - WEICHERT REALTORS

    Lisa Molinari

    WEICHERT REALTORS

    (908) 402-4173

    73 Total Sales

    3 in Bernards

    $480K - $1.2M Price Range

    Lisa Molinari
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 None Listed On Document
$400,000 None Available
$215,000 --
$160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $560,340
Closed $550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $550,000 -3.5% $622 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $570,000 -3.1% $645 / Sq Ft
07/31/2023 07/31/23 For Sale $588,000 -- $665 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,470 $628,400 $351,900 $276,500
2025 $9,420 $561,000 $333,900 $227,100
2024 $9,420 $529,500 $297,900 $231,600
2023 $7,746 $410,700 $279,900 $130,800
2022 $7,951 $395,400 $279,900 $115,500
2021 $7,725 $366,100 $266,400 $99,700
2020 $7,616 $363,700 $266,400 $97,300
2019 $7,255 $356,700 $271,400 $85,300
2018 $6,993 $348,800 $265,300 $83,500
2017 $6,719 $337,800 $253,800 $84,000
2016 $6,614 $339,000 $253,800 $85,200
2015 $6,691 $349,200 $262,800 $86,400
2014 $6,574 $339,900 $271,800 $68,100
Source: Public Records

Agents Affiliated with this Home

  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE REAL

    Seller's Agent in 2023

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 672-2055

    661 Total Sales

    Michele Klug
    Section Image
  • Keriann Fry Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2023

    Keriann Fry

    COLDWELL BANKER REALTY

    (732) 397-7500

    18 Total Sales

    Keriann Fry
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3857086

Garden State MLS

APN: 02-07601-0000-00021

New Jersey Somerset County Basking Ridge 07920

508 Lyons Rd, Basking Ridge, NJ

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