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10 Debra Lane

10 Debra Lane, Basking Ridge, NJ 07920
Property in Somerset
Sold May 26, 1998
$303,000
$250,000 by Wachovia Bank Na
Mortgage Due Feb 14, 2038
Local assessors in Basking Ridge, NJ have categorized 10 Debra Lane as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 40,946 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10 Debra Lane has a total of 3,758 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Debra Lane sold most recently in May 19, 1998 for a total of $303,000. If you work out the math, that's approximately a cost of $80.63 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,192 in taxes each year. 10 Debra Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $805,500. If we break it down further, the land itself was valued at $363,200. Improvements to the property, however, were assessed at a total of $442,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 3,758
  • Building Area: 3,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.94
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FIELDS KENNETH J
  • Current Owner 2: FIELDS JOSEFINA C
  • Previous Owner : SALTER JAMES E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 054100

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 02
  • Parcel: 02 03701-0000-00005
  • Block: 3701
  • Lot: 5
  • Municipality: BERNARDS TWP
  • Latitude: 40.688
  • Longitude: -74.5545

    Address

  • Full Address: 10 Debra Ln
  • Address - House Number: 10
  • Address - Street Name: Debra
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C012
  • 4-Digit Zip Code: 1931
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,192

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,128,621
  • High Value: 1,283,635
  • Low Value: 973,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: WACHOVIA BANK NA
  • First Open Lien Mortgage Recording Date: Feb 28, 2008
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 14, 2038

    Market Valuation

  • Market Total Value: $804,454
  • Market Land Value: $362,728
  • Market Improvement Value: $441,726

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $805,500
  • Assessed Land Value: $363,200
  • Assessed Improvements Value: $442,300

    Sales

  • Current Sale Contract Date: May 19, 1998
  • Current Sale Recording Date: May 26, 1998
  • Current Sale Transaction ID: 11476153515
  • Current Sale Price: $303,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NJ LENDERS
  • First Mortgage Transaction Date: May 26, 1998
  • First Mortgage Loan Amount: $203,000

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Frequently Asked Questions

What neighborhood is 10 Debra Lane located in?
The 10 Debra Lane is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 10 Debra Lane?
The average sales price for units in 10 Debra Lane is $0 currently.

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