NOT LISTED FOR SALE

78 Lyons Place Basking Ridge, NJ 07920

Estimated Value: $1,724,000 - $2,253,000

4 Beds
4.5 Baths
-- Sq Ft
0.92 Acres

Last Sold July 13, 2018

Last sale price $1,210,000

Est. 59% increase in value since last sale

Current estimated payment $12,177/month

5 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • 4-minute walk to Lyons
  • Fireplace in Kitchen
  • Cedar Hill Elementary School Rated A
  • Colonial Architecture
  • Recreation Room

About This Home

As of July 2018

Attractive young Bucks County colonial style home set on nearly an acre on one of the premiere streets in Basking Ridge. Large custom kitchen and family room with 2 sided fireplace dividing the space. Stainless appliances, abundant cabinet space, and spacious center island define the kitchen. Hardwood floors span much of the home. The 4 bedrooms on the second level are served by 3 full bathrooms, including the Master Bathroom which features a frameless glass shower and granite-topped vanity. The finished lower level offers versatility for use as recreation, billiards, crafts, media, or wine room, and also features a full bathroom. The property is a commuter's dream as it is located in a convenient Basking Ridge location, with excellent proximity to the train, bus, interstate highways, shopping and schools.

Last Agent to Sell the Property

Michael Lattmann

KL SOTHEBY'S INT'L. REALTY Listed on: 04/13/2018

Last Buyer's Agent

JANE NICASTRO

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,980

Lot Details

  • 0.92 Acre Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Stone Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-05602-0000-00009-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,980

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Lyons Road to Lyons Place
  • I D: 4793406
  • First Name: MICHAEL
  • First Name3: JANE
  • Last Name: LATTMANN
  • Last Name3: NICASTRO
  • Office Phone: 908-696-8650
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Kitchen, Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Generator-Built-In, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Security System, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Utility Room, GameRoom, SeeRem, Exercise Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 18x14
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Level: Basement
  • Other Room 2: Exercise Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: Laundry Room, MudRoom, Foyer, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, SittngRm, Storage Room, Bath Main, Bath(s) Other
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Stone, ConcBrd
  • Exterior Features: Underground Lawn Sprinkler, Patio, Curbs, Privacy Fence, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

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

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.92AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 22980
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-05602-0000-00009-0000-
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jul 6, 2018
Sold by
Hand S Joseph S and Hand Lauren C
Bought by
Kwak Christopher C and Kwak Jenny J
Seller's Agent
Michael Lattmann
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
JANE NICASTRO
WEICHERT REALTORS
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%
Current Estimated Value
$1,920,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,431
Avg. Annual Appreciation
6.37%
Original Mortgage
$968,000
Outstanding Balance
$840,771
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,079,660

Purchase Details

Closed on
Dec 28, 2006
Sold by
Menza & Beissel Homes Inc
Bought by
Hand S Jospeh and Hand Lauren C

Purchase Details

Closed on
Jan 24, 2006
Sold by
Michinard George S
Bought by
Menza & Beissel Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kwak Christopher C $1,210,000 Fidelity National Title Ins
Hand S Jospeh $1,325,000 --
Menza & Beissel Homes Inc $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwak Christopher C $968,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $1,210,000 +0.8% --
04/18/2018 04/18/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $1,200,000 -- --
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 $26,806 $1,587,500 $393,600 $1,193,900
2024 $24,039 $1,506,800 $363,600 $1,143,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3461109

Garden State MLS

APN: 02-05602-0000-00009