NOT LISTED FOR SALE

299 Penns Way Basking Ridge, NJ 07920

Estimated Value: $518,000 - $546,087

3 Beds
2.5 Baths
-- Sq Ft
$268/mo HOA Fee

Last Sold July 18, 2016

Last sale price $353,000

Est. 50% increase in value since last sale

Current estimated payment $3,886/month

10 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • L-Shaped Dining Room
  • Liberty Corner Elementary School Rated A
  • Sun or Florida Room
  • Tennis Courts

About This Home

As of July 2016

This 600 model townhouse features 3 bedrooms, 2.5 baths, and bonus sunroom. This home boasts new wood lament floors, a private backyard, an oversized patio and has been freshly painted.

Last Agent to Sell the Property

Christina Roche

NEXTHOME PREMIER Listed on: 04/29/2016

NEXTHOME PREMIER

Last Buyer's Agent

BETH HARDING

BHHS FOX & ROACH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,052

Year Built

  • 1986

Lot Details

  • 1,002

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • L-Shaped Dining Room
  • 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

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00029-0004-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
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,052

Year Built

1986

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built (Public Record): 9999
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 299
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Laminate
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: Ground
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: Ground
  • Living Room Dim: 20x30
  • Living Room Level: Ground
  • Other Room 1: Sunroom
  • Other Room1 Dim: 14x10
  • Level 1 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Ground Level Rooms: Kitchen, Powder Room, Sunroom, Dining Room, Living Room

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Assigned

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 268
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Lot Info

  • Lot Size: *
  • Assessed Improvement Value: 190900
  • Assessed Land Value: 125000
  • Assessment: 315900
  • Lot Description: Backs to Park Land
  • Lot Identifier: 29.4
  • Lot I D Tax: *

Rental Info

  • Application Fee: 420
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6052
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00029-0004-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jul 18, 2016
Sold by
Wright Sharod and Wright Kathy
Bought by
Yi Hobyung and Yi Eunhee C
Seller's Agent
Christina Roche
NEXTHOME PREMIER
Buyer's Agent
BETH HARDING
BHHS FOX & ROACH
List Price
$359,000
Sold Price
$353,000
Premium/Discount to List
-$6,000
-1.67%
Total Days on Market
10
Current Estimated Value
$530,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,522
Avg. Annual Appreciation
4.43%
Original Mortgage
$348,570
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2006
Sold by
Cappola Jeffrey W
Bought by
Wright Sharod and Wright Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,100
Interest Rate
6.79%

Purchase Details

Closed on
Oct 2, 1996
Sold by
Sharenow Pam
Bought by
Cappola Jeff and Cappola Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
8.06%
Source: Public Records

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
Yi Hobyung $355,000 Associated Title
Wright Sharod $379,000 --
Cappola Jeff $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Hobyung $327,081
Closed Yi Hobyung $348,570
Previous Owner Wright Sharod $330,891
Previous Owner Wright Sharod $341,100
Previous Owner Cappola Jeff $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $353,000 -1.7% --
05/09/2016 05/09/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $359,000 -- --
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 $7,684 $431,900 $129,000 $302,900
2023 $7,536 $399,600 $129,000 $270,600
2022 $7,553 $375,600 $129,000 $246,600
2021 $6,816 $330,600 $129,000 $201,600
2020 $6,787 $324,100 $129,000 $195,100
2019 $6,558 $322,400 $125,000 $197,400
2018 $6,464 $322,400 $125,000 $197,400
2017 $6,405 $322,000 $125,000 $197,000
2016 $6,118 $313,600 $125,000 $188,600
2015 $6,053 $315,900 $125,000 $190,900
2014 $6,110 $315,900 $125,000 $190,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3302220

Garden State MLS

APN: 02-09203-0000-00029-04-CONDO