NOT LISTED FOR SALE

72 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $907,000 - $934,000

3 Beds
1.5 Baths
1,267 Sq Ft
$728/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $621,500 $491 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,950/month

11 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Cathedral Ceiling
  • Oak Street Elementary School Rated A
  • Ranch Style House
  • Wood Flooring

About This Home

As of July 2020

Unpack your bags and start entertaining in this updated home! Located on one of the most popular streets in Basking Ridge, this home is truly turn-key! Walk to town, school, restaurants and train. Cathedral ceiling family room and bright updated kitchen have a great flow & is the perfect place to entertain! Two fireplaces keep you warm and cozy! Pristine, park-like backyard is completely private and has been lovingly maintained. Automatic awning over the Trex deck is waiting for you to come and relax! Bernards Twp. has been rated as one of the best school districts in the country! Centrally located near NYC, the Jersey shore, Philly and PA ski resorts. This is the perfect place to be!

Last Agent to Sell the Property

KAREN NEWHOUSE

COLDWELL BANKER REALTY Listed on: 05/28/2020

COLDWELL BANKER REALTY

Co-Listed By

Lori Velasco

COLDWELL BANKER REALTY

Last Buyer's Agent

Betty Lynch

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,694

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.57 Acre Lot
  • Level Lot

Parking

  • 1 Car Direct Access Garage
  • Inside Entrance

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Front 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

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-01806-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,694

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Renovated
  • County Name: Somerset
  • Exclusions: Living room light fixture
  • Renovated Year: 2006
  • Street Number Display: 72
  • Directions: Oak Street or Lake to Spencer
  • I D: 4984873
  • Modified: 2021-09-23
  • Number Images: 17
  • First Name: KAREN
  • First Name2: LORI
  • First Name3: BETTY
  • Last Name: NEWHOUSE
  • Last Name2: VELASCO
  • Last Name3: LYNCH
  • Office Phone: 908-766-0808
  • Office Phone3: 908-301-2047
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer, Water Filter
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Drapes, High Ceilings, Smoke Detector, SoakTub, StallShw, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 13x14
  • Kitchen Level: First
  • Living Room Dim: 18x17
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Attic, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Family Room, Kitchen, Living Room, Walkout
  • Ground Level Rooms: GarEnter, Inside Entrance, Laundry Room, Outside Entrance, Storage Room
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

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: .57AC
  • Assessed Improvement Value: 213400
  • Assessed Land Value: 312400
  • Assessment: 525800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.57
  • Zoning: single family

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: 10694
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01806-0000-00018-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 14, 2020
Sold by
Hall James and Hall Patricia
Bought by
Nelson Bruce S and Hermiston Julia K
Seller's Agent
KAREN NEWHOUSE
COLDWELL BANKER REALTY
Buyer's Agent
Betty Lynch
COLDWELL BANKER REALTY
List Price
$580,000
Sold Price
$621,500
Premium/Discount to List
$41,500
7.16%
Current Estimated Value
$922,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,943
Avg. Annual Appreciation
7.86%
Source: Public Records

Range of Values:

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Average Value
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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
Nelson Bruce S $621,500 Westcor Land Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $621,500 +7.2% $491 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $580,000 -- $458 / Sq Ft
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 $12,706 $773,500 $381,300 $392,200
2024 $12,706 $714,200 $357,600 $356,600
2023 $12,346 $654,600 $343,300 $311,300
2022 $12,563 $624,700 $329,100 $295,600
2021 $12,095 $573,200 $329,100 $244,100
2020 $11,354 $542,200 $312,400 $229,800
2019 $10,695 $525,800 $312,400 $213,400
2018 $10,107 $504,100 $312,400 $191,700
2017 $10,023 $503,900 $307,900 $196,000
2016 $9,882 $506,500 $307,900 $198,600
2015 $9,938 $518,700 $317,500 $201,200
2014 $9,018 $466,300 $313,000 $153,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3635790

Garden State MLS

APN: 02-01806-0000-00018