NOT LISTED FOR SALE

300 Penns Way Basking Ridge, NJ 07920

Estimated Value: $516,000 - $543,563

3 Beds
2.5 Baths
-- Sq Ft
$280/mo HOA Fee

Last Sold July 26, 2017

Last sale price $351,500

Est. 51% increase in value since last sale

Current estimated payment $3,919/month

68 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Jogging Path
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of July 2017

Spacious, well-maintained and affordable 3-bedroom, 2.5 bath townhouse with open floor plan. Newly painted interior, new wood laminate floor in dining room, ceramic tile foyer and kitchen floor, ove rsized private rear patio, second floor chair-rail, first floor popcorn ceiling replaced with sheetrock, brick fireplace and pull down attic stairs for additional storage. Park-like rear yard. Close to community amenities including clubhouse, pool, tennis courts, etc. Convenient location. Great schools.

Last Agent to Sell the Property

Jeff Kole

KOLE REALTY Listed on: 04/07/2017

Last Buyer's Agent

Zhe Cheng

REALMART REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,851

Year Built

  • Built in 1987

Lot Details

  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • 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
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00029-0005-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

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,851

Year Built

Built in 1987

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 300
  • Directions: Valley Rd to Spring Valley Boulevard to 4th right on Penns Way
  • I D: 4701275
  • Modified: 2021-09-23
  • Number Images: 9
  • Section Subdiv Development: Society Hill
  • First Name: JEFFREY B.
  • First Name3: ZHE
  • Last Name: KOLE
  • Last Name3: CHENG
  • Office Phone: 908-789-9700
  • Office Phone3: 888-362-6543
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Dryer
  • Interior Amenities: Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • 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: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 13x15
  • Kitchen Level: First
  • Living Room Dim: 10x20
  • Living Room Level: First
  • Level 1 Rooms: Kitchen, Powder Room, Foyer, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Laundry Room, Bath Main
  • Phone: 908-789-9700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Tennis Courts, Thermal Windows/Doors, Patio, Storm Door(s), Underground Lawn Sprinkler, Privacy Fence
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned, Blacktop, Common

Utilities

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

Condo/Co-op/Association

  • Amenities: MulSport, Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 280
  • 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

  • Lot Size: common
  • Assessed Improvement Value: 174900
  • Assessed Land Value: 125000
  • Assessment: 299900
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Open Lot
  • Lot Identifier: 29.5
  • Lot I D Tax: *

Rental Info

  • Application Fee: 250
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5851
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00029-0005-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jul 21, 2017
Sold by
Kole Kendell
Bought by
Vanvanle Ben Van
Seller's Agent
Jeff Kole
KOLE REALTY
Buyer's Agent
Zhe Cheng
REALMART REALTY
List Price
$379,900
Sold Price
$351,500
Premium/Discount to List
-$28,400
-7.48%
Total Days on Market
68
Current Estimated Value
$530,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,391
Avg. Annual Appreciation
5.39%
Original Mortgage
$281,200
Outstanding Balance
$177,031
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$353,860

Purchase Details

Closed on
Jun 27, 2000
Sold by
Sapirstein James
Bought by
Kole Kendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
8.5%
Mortgage Type
FHA
Source: Public Records

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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
Vanvanle Ben Van $351,500 Aston Title Group Llc
Kole Kendell $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanvanle Ben Van $281,200
Previous Owner Kole Kendell $288,562
Previous Owner Kole Kendell $197,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $351,500 -7.5% --
06/14/2017 06/14/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $379,900 -- --
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 $7,909 $444,600 $129,000 $315,600
2023 $7,751 $411,000 $129,000 $282,000
2022 $7,760 $385,900 $129,000 $256,900
2021 $7,024 $332,900 $129,000 $203,900
2020 $6,460 $308,500 $129,000 $179,500
2019 $6,312 $310,300 $125,000 $185,300
2018 $6,123 $305,400 $125,000 $180,400
2017 $6,043 $303,800 $125,000 $178,800
2016 $5,851 $299,900 $125,000 $174,900
2015 $5,848 $305,200 $125,000 $180,200
2014 $5,903 $305,200 $125,000 $180,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3377448

Garden State MLS

APN: 02-09203-0000-00029-05-CONDO