Sold Oct 16, 2020
$829,000
Buyer
$663,200
by American Federal Mortgage Corp
Mortgage Due Nov 01, 2050
Local assessors in Basking Ridge, NJ have categorized 277 Lake Road as a residential type of property.
The home was built in 1980 and is 44 years old.
The property's lot size has been calculated to be 60,113 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style.
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 277 Lake Road has a total of 2,994 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 attached 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 277 Lake Road was last sold in Oct 13, 2020 for $829,000. According to our calculations, that's $276.89 per sqft. Current property owners are expected to pay $16,355 in taxes per year. The property on 277 Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $867,200. To break that down further, the land itself was valued at $387,200. While improvements to the property were assessed at a total of $480,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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 attached 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 277 Lake Road was last sold in Oct 13, 2020 for $829,000. According to our calculations, that's $276.89 per sqft. Current property owners are expected to pay $16,355 in taxes per year. The property on 277 Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $867,200. To break that down further, the land itself was valued at $387,200. While improvements to the property were assessed at a total of $480,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
277 Lake Road, Basking Ridge, NJ 07920
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