246 Penns Way Unit 14A Basking Ridge, NJ 07920
Estimated Value: $491,000 - $521,000
--
Bed
--
Bath
1,580
Sq Ft
$320/Sq Ft
Est. Value
About This Home
This home is located at 246 Penns Way Unit 14A, Basking Ridge, NJ 07920 and is currently estimated at $505,315, approximately $319 per square foot. 246 Penns Way Unit 14A is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 4, 2010
Sold by
Wang Gang and Song Yue Yue
Bought by
Elston Michael and Elston Kimberly
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Outstanding Balance
$194,051
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$302,447
Purchase Details
Closed on
May 25, 2001
Sold by
White Chris
Bought by
Wang Gang and Song Yue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.09%
Purchase Details
Closed on
Aug 26, 1997
Sold by
Muhlbach Laurie
Bought by
White Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.47%
Purchase Details
Closed on
Sep 1, 1993
Sold by
Natale Josephine
Bought by
Muhlbach Laurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Elston Michael | $295,000 | Chicago Title Insurance Co | |
Wang Gang | $217,500 | -- | |
White Chris | $150,000 | -- | |
Muhlbach Laurie | $124,250 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Elston Michael | $280,250 | |
Previous Owner | Wang Gang | $174,000 | |
Previous Owner | White Chris | $120,000 | |
Previous Owner | Muhlbach Laurie | $90,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,292 | $409,900 | $129,000 | $280,900 |
2023 | $6,942 | $368,100 | $129,000 | $239,100 |
2022 | $7,002 | $348,200 | $129,000 | $219,200 |
2021 | $6,392 | $318,500 | $129,000 | $189,500 |
2020 | $6,676 | $318,800 | $129,000 | $189,800 |
2019 | $6,375 | $313,400 | $125,000 | $188,400 |
2018 | $5,989 | $298,700 | $125,000 | $173,700 |
2017 | $5,828 | $293,000 | $125,000 | $168,000 |
2016 | $5,594 | $286,700 | $125,000 | $161,700 |
2015 | $5,171 | $269,900 | $125,000 | $144,900 |
2014 | $5,288 | $265,300 | $125,000 | $140,300 |
Source: Public Records
Map
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