NOT LISTED FOR SALE

247 Penns Way Unit 14B Basking Ridge, NJ 07920

Estimated Value: $486,000 - $521,000

2 Beds
2.5 Baths
-- Sq Ft
$290/mo HOA Fee

Last Sold September 09, 2019

Last sale price $320,000

Est. 57% increase in value since last sale

Current estimated payment $3,536/month

76 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Formal Dining Room
  • Liberty Corner Elementary School Rated A
  • Tennis Courts
  • Thermal Windows

About This Home

As of September 2019

Beautifully updated & largest 2 bedroom townhome model (1596sqft per state records) in the Society Hill development conveniently located for commuters and for daily living in desirable Basking Ridge. This updated Model 300 boasts newer laminate wood-like floors in the dining room and powder room. Home is freshly painted with crown molding throughout, including ceilings on first floor (no popcorn finish). Eat-in kitchen has a pass-through window to spacious dining room. Step down to the living room which leads to large sliding glass door and covered outdoor patio with storage closets and lots of space to play. Powder room on the first floor is fully updated. Roomy master bedroom suite with attached full bathroom, dual sliding door closet and ceiling fan. Second bedroom currently used as an office.

Last Agent to Sell the Property

RICHARD LATTMANN

KL SOTHEBY'S INT'L. REALTY Listed on: 05/17/2019

Last Buyer's Agent

Elizabeth Bataille

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,988

Year Built

  • Built in 1986

Lot Details

  • Open Lot

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Thermal Windows
  • Blinds
  • Living Room
  • Formal Dining Room
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00022-0002-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,988

Year Built

Built in 1986

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: First floor curtains for slider to outdoor patio
  • Renovated Year: 2012
  • Street Number Display: 247
  • Directions: Valley Road to Spring Valley Blvd to Penns Way
  • I D: 4898131
  • Modified: 2021-09-23
  • Number Images: 15
  • Section Subdiv Development: Society Hill
  • First Name: RICHARD
  • First Name3: ELIZABETH
  • Last Name: LATTMANN
  • Last Name3: BATAILLE
  • Office Phone: 908-543-3500
  • Office Phone3: 908-233-5555
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2012

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Appliances: Carbon Monoxide Detector, Trash Compactor, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Blinds, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 20x12
  • Living Room Level: First
  • Level 1 Rooms: Walkout, Living Room, Dining Room, Powder Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-543-3500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Storm Door(s), Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Parking Lot-Shared, Assigned, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 290
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Assessed Improvement Value: 173700
  • Assessed Land Value: 125000
  • Assessment: 298700
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 22.2
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 250
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5988
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00022-0002-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 4, 2019
Sold by
Greene Samantha
Bought by
Deyoung Albert
Seller's Agent
RICHARD LATTMANN
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Elizabeth Bataille
COLDWELL BANKER REALTY
List Price
$355,000
Sold Price
$320,000
Premium/Discount to List
-$35,000
-9.86%
Total Days on Market
76
Current Estimated Value
$501,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,016
Avg. Annual Appreciation
8.57%
Original Mortgage
$115,000
Outstanding Balance
$91,703
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$420,758

Purchase Details

Closed on
Aug 30, 2007
Sold by
Cardoza Beth A and Cardoza Mark T
Bought by
Greene Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2002
Sold by
Williams Jeffrey
Bought by
Flatley Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.16%

Purchase Details

Closed on
Dec 1, 2000
Sold by
Murphy Denise
Bought by
Williams Jeffrey and Flatley Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
7.76%
Source: Public Records

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Range of Values:

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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
Deyoung Albert $320,000 Nrt Title Agency Llc
Greene Samantha $325,000 Fidelity Natl Title Ins Co
Flatley Beth $38,000 --
Williams Jeffrey $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deyoung Albert $115,000
Previous Owner Greene Samantha $299,750
Previous Owner Greene Samantha $292,500
Previous Owner Flatley Beth $212,000
Previous Owner Williams Jeffrey $184,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $320,000 -9.9% --
08/01/2019 08/01/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $355,000 -- --
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
2024 $7,038 $395,600 $129,000 $266,600
2023 $6,714 $356,000 $129,000 $227,000
2022 $6,781 $337,200 $129,000 $208,200
2021 $6,526 $309,300 $129,000 $180,300
2020 $6,259 $298,900 $129,000 $169,900
2019 $6,257 $307,600 $125,000 $182,600
2018 $5,989 $298,700 $125,000 $173,700
2017 $5,868 $295,000 $125,000 $170,000
2016 $5,633 $288,700 $125,000 $163,700
2015 $5,089 $265,600 $125,000 $140,600
2014 $5,202 $269,000 $125,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3557762

Garden State MLS

APN: 02-09203-0000-00022-02-CONDO