NOT LISTED FOR SALE

61 Butternut Ln Basking Ridge, NJ 07920

Estimated Value: $1,956,555 - $2,483,000

5 Beds
7 Baths
-- Sq Ft
3.6 Acres

Last Sold February 23, 2017

Last sale price $1,333,252

Est. 65% increase in value since last sale

Current estimated payment $14,078/month

243 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Family Room with Fireplace
  • Oak Street Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of February 2017

Stunning Bucks County colonial in sought after Crystal Ridge.Elegant home with beautifully landscaped property and flower beds. Brand new finished walk-out basement with kitchenette and full bath. Chefs kitchen is sure to delight with Thermador appliances, sub zero refrigerator, walk in pantry and over sized granite island. Adjacent breakfast room overlooking park-like grounds is sure to be a favorite gathering spot. Hardwood floors throughout; 10" ceilings on first floor and 9' on the second. Triple crown molding, soaring ceilings, cherry paneled library, private office and music room. Three room master bedroom suite including spa like master bath. House is almost 7700 square feet on first and second floor plus newly finished basement and additional 2700. Award winning schools.

Last Agent to Sell the Property

PENNY TOOMBS

COLDWELL BANKER REALTY Listed on: 04/16/2016

Last Buyer's Agent

Lynn Sokol Dachisen

REAL

REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,248

Year Built

  • Built in 1995

Lot Details

  • 3.6 Acre Lot
  • Open Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room with Fireplace
  • Game Room
  • Utility Room
  • Laundry Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2702-00401-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,248

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1995
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: storm drain
  • Renovated Year: 2015
  • Street Number Display: 61
  • Directions: Rte. 202 to Hardscrabble to Butternut
  • I D: 4617446
  • Modified: 2021-09-23
  • Number Images: 22
  • Section Subdiv Development: Crystal Ridge
  • First Name: PENNY
  • First Name3: LYNN
  • Last Name: TOOMBS
  • Last Name3: DACHISEN
  • Office Phone3: 866-201-6210
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Flooring: Carpeting, Tile, Marble, Wood
  • Fireplace Description: Bedroom 1, Rec Room, Family Room, Library
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Trash Compactor, Central Vacuum, OvnWElec, Refrigerator, CookGas, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: Bar-Wet, Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 19
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Bidet, Stall Shower, Jetted Tub
  • Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Kitchen, Rec Room, GameRoom, Outside Entrance, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area, Pantry
  • Kitchen Dim: 24x18
  • Kitchen Level: First
  • Living Room Dim: 20x17
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 14x13
  • Other Room1 Level: First
  • Other Room 2: Library
  • Other Room2 Dim: 18x13
  • Other Room2 Level: First
  • Other Room 3: SittngRm
  • Other Room3 Level: Second
  • Level 1 Rooms: Breakfast Room, Family Room, Kitchen, Powder Room, Foyer, Office, Den, Library, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, Laundry Room, 4 Or More Bedrooms, Bath Main
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Stone, Clapboard
  • Exterior Features: Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Central Air, 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Septic
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

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: 3.595AC
  • Assessed Improvement Value: 1172800
  • Assessed Land Value: 458100
  • Assessment: 1630900
  • Easement: Yes
  • Lot Description: Open Lot, Wooded Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.60

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31248
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-00401-0000-00009-0000-
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2016
Closed on
Jan 31, 2017
Sold by
Cartus Financial Corp
Bought by
Xu Manjiang and Xi Keying
Seller's Agent
PENNY TOOMBS
COLDWELL BANKER REALTY
Buyer's Agent
Lynn Sokol Dachisen
REAL
List Price
$1,658,000
Sold Price
$1,333,252
Premium/Discount to List
-$324,748
-19.59%
Total Days on Market
243
Current Estimated Value
$2,198,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,137
Avg. Annual Appreciation
5.63%
Original Mortgage
$733,288
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 2015
Sold by
Grandy John E and Grandy Cynthia C
Bought by
Cartus Financial Corp

Purchase Details

Listed on
Sep 15, 2014
Closed on
Sep 12, 2014
Sold by
Oshea William T and Oshea Elizabeth
Bought by
Granby John E and Granby Cynthia C
Buyer's Agent
PEG CARTON
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$132,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1995
Sold by
A Fahey Inc
Bought by
O'Shea William and O'Shea Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.44%
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
Xu Manjiang $1,333,252 Zwiren Title Agency Inc
Cartus Financial Corp $1,618,000 Zwiren Title Agency Inc
Granby John E $1,650,000 None Available
O'Shea William $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Manjiang $733,288
Previous Owner Granby John E $132,000
Previous Owner Osheas William T $710,000
Previous Owner Oshea William T $729,750
Previous Owner O'Shea William $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2017 02/23/17 Sold $1,333,252 -19.6% --
12/15/2016 12/15/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $1,658,000 +0.5% --
09/15/2014 09/15/14 Sold $1,650,000 -- --
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 $28,944 $1,627,000 $303,000 $1,324,000
2023 $26,244 $1,391,500 $303,000 $1,088,500
2022 $27,054 $1,345,300 $303,000 $1,042,300
2021 $26,881 $1,274,000 $303,000 $971,000
2020 $27,974 $1,335,900 $298,200 $1,037,700
2019 $28,633 $1,407,700 $319,800 $1,087,900
2018 $28,224 $1,407,700 $319,800 $1,087,900
2017 $29,328 $1,474,500 $373,200 $1,101,300
2016 $31,048 $1,591,400 $432,600 $1,158,800
2015 $31,248 $1,630,900 $458,100 $1,172,800
2014 $38,175 $1,973,900 $525,600 $1,448,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3298652

Garden State MLS

APN: 02-00401-0000-00009