$355,000
SOLD APR 26, 2019

275 Penns Way Unit B Basking Ridge, NJ 07920

2 Beds
2.5 Baths
1,780 Sq Ft
$290/mo HOA Fee

Recently Sold

$199 Per Sq Ft

1% Below List Price

22 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Sun or Florida Room
  • Liberty Corner Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of August 2024

BEAUTIFUL, CLEAN, SPACIOUS RENOVATED 2 BED TOWNHOME WITH SUNROOM IN A GREAT LOCATION. NEWER ENGINEERED WOOD FLOORS THROUGHOUT THE 1ST FLOOR, NEWER CARPET ON 2ND FLOOR AND STAIRS, NICE LARGE DECK, NEWER KITCHEN APPL, RECESSED LIGHTS, NEWER HOT WATER HEATER (2017), WINDOWS AND SLIDERS (2010). FRESHLY PAINTED,SPACIOUS FOYER LEADS TO KITCHEN WITH EAT IN KITCHEN SPACE AND DINING ROOM WITH STEP DOWN LIVING ROOM AND WOOD BURNING FIREPLACE. LAUNDRY ON 2ND FLOOR WITH THE SPACIOUS 2 BEDROOMS EACH W ATTACHED BATHROOMS. SUNROOM HAS 2 LARGE STORAGE UNITS. ADDITIONAL PARKING AVAILABLE. 43 ACRE WELL MANICURED COMMUNITY W INGROUND POOL, CLUBHOUSE, TENNIS COURTS, WALKING PATHS AND IS WITHIN CLOSE PROXIMITY TO PLEASANT VALLEY PARK. ONE OF THE BEST SCHOOL DISTRICTS AND CONVENIENT TO RT 78, 287, NJ TRANSITS AND BUSES.

Last Agent to Sell the Property

VIJAYALAKHMI VENKATESH

WEICHERT REALTORS Listed on: 02/13/2019

Last Buyer's Agent

ELAINE JOHNSON

WEICHERT REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,347

Year Renovated

  • 2016

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

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
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00030-0002-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,347

Year Renovated

2016

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Style: Multi Floor Unit, Townhouse-Interior
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2016
  • Street Number Display: 275
  • Directions: VALLEY RD TO SPRING VALLEY BLVD TO SOCIETY HILL ENTRANCE TO PENNS
  • I D: 4870213
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: SOCIETY HILL
  • First Name: VIJAYALAKHMI
  • First Name3: ELAINE
  • First Name4: RONE
  • Last Name: VENKATESH
  • Last Name3: JOHNSON
  • Last Name4: LEWIS
  • Office Phone3: 908-766-7500
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2016

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: StallShw, Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub 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: 12x11
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 14x8
  • Other Room1 Level: First
  • Level 1 Rooms: Foyer, Living Room, Dining Room, Powder Room, Sunroom, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 290
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: 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

  • Lot Size: Common
  • Assessed Improvement Value: 191600
  • Assessed Land Value: 125000
  • Assessment: 316600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 30.2
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6347
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00030-0002-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
Jun 26, 2024
Closed on
Aug 7, 2024
Sold by
Zhan Jason G and Wang Jieyang
Bought by
Gowda Shreeharsha Sampeki Manj and Prakash Shilpa
Seller's Agent
D. WENDELL CARPENTER
COLDWELL BANKER REALTY
Buyer's Agent
Sahil Aneja
ON TRACK REALTY
List Price
$429,000
Sold Price
$522,000
Premium/Discount to List
$93,000
21.68%
Views
18
Current Estimated Value
$527,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,196
Avg. Annual Appreciation
1.03%
Original Mortgage
$495,900
Outstanding Balance
$482,199
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$44,997

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 5, 2023
Sold by
Moorthi Malliga and Rajkumar Karuppiah
Bought by
Zhan Jason G and Wang Jieyang
Seller's Agent
Abraham Montalvo
REAL
Buyer's Agent
EILEEN MCDONALD
BHHS FOX & ROACH
List Price
$399,000
Sold Price
$460,000
Premium/Discount to List
$61,000
15.29%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 26, 2019
Sold by
Ingale Sandeep and Ingale Shilpa
Bought by
Karuppiah Moorthi Malliga and Karuppiah Chandramohan Rajkumar
Seller's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
Buyer's Agent
ELAINE JOHNSON
WEICHERT REALTORS
List Price
$359,900
Sold Price
$355,000
Premium/Discount to List
-$4,900
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$319,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2010
Sold by
Venezia Thomas and Venezia Megan
Bought by
Ingale Sandeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,375
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2003
Sold by
Hepburn Virginia
Bought by
Venezia Thomas and Venezia Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
5.96%

Purchase Details

Closed on
Nov 1, 1993
Sold by
Mehalek Michael
Bought by
Hepburn Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.83%
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 Type Sale Price Title Company
Deed $522,000 Fidelity National Title
Bargain Sale Deed $460,000 Chicago Title
Bargain Sale Deed $355,000 Fidelity National Ttl Ins Co
Deed $315,000 First American Title Ins Co
Deed $289,900 --
Deed $146,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,900 New Conventional
Previous Owner $253,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $277,000 New Conventional
Previous Owner $319,500 New Conventional
Previous Owner $234,375 New Conventional
Previous Owner $278,489 FHA
Previous Owner $35,350 Unknown
Previous Owner $231,920 No Value Available
Previous Owner $117,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $522,000 +21.7% $293 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $429,000 -6.7% $241 / Sq Ft
05/05/2023 05/05/23 Sold $460,000 +15.3% $258 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $399,000 +12.4% $224 / Sq Ft
04/26/2019 04/26/19 Sold $355,000 -1.4% $199 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $359,900 -- $202 / Sq Ft
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 $7,767 $436,600 $129,000 $307,600
2023 $6,746 $357,700 $129,000 $228,700
2022 $6,827 $339,500 $129,000 $210,500
2021 $6,737 $319,300 $129,000 $190,300
2020 $6,728 $321,300 $129,000 $192,300
2019 $6,411 $315,200 $125,000 $190,200
2018 $6,348 $316,600 $125,000 $191,600
2017 $6,134 $308,400 $125,000 $183,400
2016 $5,941 $304,500 $125,000 $179,500
2015 $5,367 $280,100 $125,000 $155,100
2014 $5,491 $283,900 $125,000 $158,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3531735

Garden State MLS

APN: 02-09203-0000-00030-02-CONDO