NOT LISTED FOR SALE

305 Penns Way Basking Ridge, NJ 07920

Estimated Value: $485,000 - $531,000

2 Beds
2.5 Baths
-- Sq Ft
$300/mo HOA Fee

Last Sold July 10, 2020

Last sale price $319,500

Est. 59% increase in value since last sale

Current estimated payment $3,803/month

61 Days on Market

Highlights

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

About This Home

As of July 2020

Largest 2 BR & 2.1 bath townhome at Society Hill.300 Model.FHA approved community.Eat-in kitchen with granite countertops.Spacious DR & LR with a beautiful brick fireplace. French doors lead to Sunroom with 2 closets.Laminate & tile flooring.Updated ceilings on the 1st floor.Large capacity washer/dryer on the 2nd floor.Generously sized BR's.Walk-in closet.Recently updated HVAC.Celling fans.Assigned parking spot & ample shared parking.Amenities include outdoor pool, tennis and bocce courts, playground, walking/ jogging paths & a clubhouse with on-site manager.Pet friendly community.Close proximity to Pleasant Valley Park.Top Rated School District.Conveniently located to RT 78, 287 & NYC Midtown Direct Trains & Buses.Home is freshly painted & ready for new owners.

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 04/05/2020

Co-Listed By

IRINA BAGMUT

WEICHERT REALTORS

Last Buyer's Agent

Brenda Garcia

RE/MAX PREMIER

RE/MAX PREMIER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,641

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 915

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

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

Kitchen

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

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Lot
  • 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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00034-0002-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,641

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$300 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: 1986
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Renovated Year: 2011
  • Street Number Display: 305
  • Directions: I-78 Exit 33, to North on Mt Airy Rd, to R on Valley Rd, to 1st R into Society Hill Entrance, to 4th R on Penns Way, to #305 on the Left
  • I D: 4974839
  • Modified: 2021-09-23
  • Number Images: 20
  • Section Subdiv Development: Society Hill
  • First Name: ALMA
  • First Name2: IRINA
  • First Name3: BRENDA
  • Last Name: AGUAYO
  • Last Name2: BAGMUT
  • Last Name3: GARCIA
  • Office Phone: 908-766-7500
  • Office Phone3: 908-754-1500
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2011

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Kitchen Dim: 10x12
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 14x08
  • Other Room1 Level: First
  • Level 1 Rooms: Dining Room, Kitchen, Living Room, Powder Room, Sunroom
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned, Blacktop, Parking Lot-Shared

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: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Assessed Improvement Value: 201500
  • Assessed Land Value: 125000
  • Assessment: 326500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 34.2
  • Lot I D Tax: *
  • Zoning: Condominium

Rental Info

  • Application Fee: 250
  • Pets Allowed: CatsOK, DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6641
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00034-0002-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2020
Closed on
Jul 9, 2020
Sold by
Mancino Christina M and Mancino Livio Michael
Bought by
Padula Kelly M
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
Brenda Garcia
RE/MAX PREMIER
List Price
$329,000
Sold Price
$319,500
Premium/Discount to List
-$9,500
-2.89%
Total Days on Market
61
Current Estimated Value
$507,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,358
Avg. Annual Appreciation
9.92%
Original Mortgage
$255,600
Outstanding Balance
$228,660
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$279,198

Purchase Details

Closed on
Jun 3, 2008
Sold by
Mancino Livio Michael
Bought by
Mancino Livio Michael and Mancino Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2004
Sold by
Gallup Melinda S
Bought by
Mancino Livio Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.8%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Walton Michael
Bought by
Saxon Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
6.89%
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 Buyer Sale Price Title Company
Padula Kelly M $319,500 None Available
Mancino Livio Michael -- None Available
Mancino Livio Michael $307,500 --
Saxon Melinda $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padula Kelly M $255,600
Previous Owner Mancino Livio M $250,000
Previous Owner Mancino Livio Michael $40,600
Previous Owner Mancino Livio Michael $256,000
Previous Owner Mancino Livio Michael $230,000
Previous Owner Saxon Melinda $143,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $319,500 -2.9% --
06/05/2020 06/05/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $329,000 -- --
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 $7,820 $439,600 $129,000 $310,600
2023 $7,418 $393,300 $129,000 $264,300
2022 $7,485 $372,200 $129,000 $243,200
2021 $6,703 $317,700 $129,000 $188,700
2020 $6,602 $315,300 $129,000 $186,300
2019 $6,641 $326,500 $125,000 $201,500
2018 $6,352 $316,800 $125,000 $191,800
2017 $6,084 $305,900 $125,000 $180,900
2016 $5,882 $301,500 $125,000 $176,500
2015 $5,313 $277,300 $125,000 $152,300
2014 $5,436 $281,100 $125,000 $156,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3626956

Garden State MLS

APN: 02-09203-0000-00034-02-CONDO