263 Penns Way Basking Ridge, NJ 07920
Estimated Value: $474,147 - $538,000
3
Beds
3
Baths
600
Sq Ft
$858/Sq Ft
Est. Value
About This Home
This home is located at 263 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $514,537, approximately $857 per square foot. 263 Penns Way 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
Jul 1, 2021
Sold by
Echeverry Gerson and Echeverry Sheila
Bought by
Siddhaye Anupama and Siddhaye Sachin Shashikant
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
$324,000
Outstanding Balance
$258,879
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$284,447
Purchase Details
Closed on
Jun 10, 2016
Sold by
Magnotti Frank A and Turbiak Magnotti Frances
Bought by
Echeverry Gerson and Echeverry Sheila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
3.75%
Mortgage Type
FHA
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 |
---|---|---|---|
Siddhaye Anupama | $405,000 | Liberty Abstract Inc | |
Echeverry Gerson | $357,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Siddhaye Anupama | $324,000 | |
Previous Owner | Echeverry Gerson | $348,570 |
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 | $7,721 | $434,000 | $129,000 | $305,000 |
2023 | $7,572 | $401,500 | $129,000 | $272,500 |
2022 | $7,588 | $377,300 | $129,000 | $248,300 |
2021 | $5,591 | $350,200 | $129,000 | $221,200 |
2020 | $7,193 | $343,500 | $129,000 | $214,500 |
2019 | $6,985 | $343,400 | $125,000 | $218,400 |
2018 | $6,885 | $343,400 | $125,000 | $218,400 |
2017 | $6,731 | $338,400 | $125,000 | $213,400 |
2016 | $6,405 | $328,300 | $125,000 | $203,300 |
2015 | $6,112 | $319,000 | $125,000 | $194,000 |
2014 | $6,169 | $319,000 | $125,000 | $194,000 |
Source: Public Records
Map
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