NOT LISTED FOR SALE

271 Penns Way Basking Ridge, NJ 07920

Estimated Value: $500,924 - $517,000

2 Beds
3 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold February 14, 2024

Last sale price $470,000

Est. 9% increase in value since last sale

Current estimated payment $3,461/month

7 Days on Market

About This Home

As of February 2024

This home is located at 271 Penns Way, Basking Ridge, NJ 07920 since 08 January 2024 and is currently estimated at $510,481. This property was built in 1986. 271 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.

Last Agent to Sell the Property

SABRINA ALI

WEICHERT REALTORS Brokerage Phone: 973-334-9400 Listed on: 01/08/2024

Last Buyer's Agent

SABRINA ALI

WEICHERT REALTORS Brokerage Phone: 973-334-9400 Listed on: 01/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,143

Year Built

  • Built in 1986

Lot Details

  • 871

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,143

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Somerset
  • Street Number Display: 271
  • I D: 5262980
  • Modified: 2025-02-15
  • Number Images: 1
  • Attribution Contact: 973-334-9400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Feb 14, 2024
Sold by
Troso Leo and Troso Beth
Bought by
Yang Henglin and Sun Stella
Seller's Agent
SABRINA ALI
WEICHERT REALTORS
Buyer's Agent
SABRINA ALI
WEICHERT REALTORS
List Price
$425,000
Sold Price
$470,000
Premium/Discount to List
$45,000
10.59%
Total Days on Market
7
Views
103
Current Estimated Value
$510,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,481
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Jan 10, 2019
Sold by
Troso Leo
Bought by
Troso Leo and Troso Beth

Purchase Details

Listed on
Jul 31, 2013
Closed on
Aug 15, 2013
Sold by
Kozielec Karolina and Kozielec Karol
Bought by
Troso Leo and Troso T
Seller's Agent
Denise Murphy
WEICHERT REALTORS
Buyer's Agent
Michele Zyska
SERHANT NEW JERSEY LLC
Sold Price
$287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$230,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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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
Yang Henglin $470,000 None Listed On Document
Troso Leo -- Fidelity National Title Ins
Troso Leo $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Troso Leo $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $470,000 +10.6% --
01/26/2024 01/26/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $425,000 +47.8% --
07/31/2013 07/31/13 Sold $287,500 -- --
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 $7,143 $401,500 $129,000 $272,500
2023 $7,176 $380,500 $129,000 $251,500
2022 $7,248 $360,400 $129,000 $231,400
2021 $6,341 $300,500 $129,000 $171,500
2020 $6,077 $290,200 $129,000 $161,200
2019 $5,811 $285,700 $125,000 $160,700
2018 $5,572 $277,900 $125,000 $152,900
2017 $5,462 $274,600 $125,000 $149,600
2016 $5,188 $265,900 $125,000 $140,900
2015 $4,966 $259,200 $125,000 $134,200
2014 $5,077 $262,500 $125,000 $137,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SABRINA ALI

    WEICHERT REALTORS

  • Denise Murphy

    Seller's Agent in 2013

    Denise Murphy

    WEICHERT REALTORS

    (908) 334-1177

    86 Total Sales

    Denise Murphy
    Section Image

  • M

    Buyer's Agent in 2013

    Michele Zyska

    SERHANT NEW JERSEY LLC

    (908) 656-1650

    79 Total Sales

    Michele Zyska
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3880560

Garden State MLS

APN: 02-09203-0000-00026-04-CONDO

New Jersey Somerset County Basking Ridge 07920

271 Penns Way, Basking Ridge, NJ

This home is located at 271 Penns Way, Basking Ridge, NJ 07920 since 08 January 2024 and is currently estimated at $510,481. This property was built in 1986. 271 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.

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