$260,000
SOLD MAR 22, 2018

312 Penns Way Unit E1 Basking Ridge, NJ 07920

2 Beds
2 Baths
-- Sq Ft
$290/mo HOA Fee

Recently Sold

2% Below List Price

3 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Liberty Corner Elementary School Rated A
  • Wooded Lot
  • Wine Refrigerator

About This Home

As of October 2022

Spacious & private 2 BR, 2 Baths well maintained Condo with new granite kitchen countertops, newer HVAC (2012) & assigned parking space.Master BR offers over-sized BR,full bath & large walk-in closet. Condo boasts large LR with sliders to private patio facing woods, formal DR and laundry room in unit. Kitchen also has DW, OTR SS Micro and wine/beverage fridge. Enjoy all the amenities Society Hill has to offer: in-ground pool, clubhouse, tennis/basketball/bocce courts, pedestrian/bicycle paths and playground, Conveniently located near major highways, parks, restaurants, and shopping. Perfect for commuters with NJ Transit Direct to NYC. Pets are ok.

Last Agent to Sell the Property

Agostino Savino

COLDWELL BANKER REALTY Listed on: 01/15/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Jason Olmo

REDFIN CORPORATION

REDFIN CORPORATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1986

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Front Basement Entry

Kitchen

  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

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
  • Standard Electricity
  • Water Tap or Transfer Fee

Additional Features

  • Private Pool
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00031-0001-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,512

Year Built

Built in 1986

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Style: One Floor Unit, First Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 312
  • Directions: Route 78 to Valley Road to Spring Valley Blvd to Penns Way. Building 312-321. Walk thru building down rear stairs into vestibule. #312 door on left
  • I D: 4770421
  • Modified: 2021-09-23
  • Number Images: 11
  • Section Subdiv Development: Society Hill
  • First Name: AGOSTINO
  • First Name3: JASON
  • Last Name: SAVINO
  • Last Name3: OLMO
  • Office Phone: 973-378-8300
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave Oven, WineRefr
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Carbon Monoxide Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 8x5
  • Level 1 Rooms: Laundry Room, 2 Bedrooms, Walkout, Living Room, Dining Room, Entrance Vestibule, Bath Main, Bath(s) Other, Kitchen
  • Phone: 973-762-5400

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 290
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: R

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: 105000
  • Assessed Land Value: 125000
  • Assessment: 230000
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 31.1
  • Lot I D Tax: *

Rental Info

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

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4512
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00031-0001-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
Jul 21, 2022
Closed on
Oct 24, 2022
Sold by
Santomo Samantha
Bought by
Santo Matthew
Seller's Agent
Maria Cuccinello
KELLER WILLIAMS SUBURBAN REALTY
Buyer's Agent
BARBARA B. GIEGERICH
ERA SUBURB REALTY
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Current Estimated Value
$399,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,156
Avg. Annual Appreciation
9.10%
Original Mortgage
$166,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 15, 2020
Sold by
Persaud Deidre
Bought by
Santomo Samantha
Seller's Agent
JOSEPHINE SAMARRO
REDFIN CORPORATION
Buyer's Agent
Maria Cuccinello
KELLER WILLIAMS SUBURBAN REALTY
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$261,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 22, 2018
Sold by
Crawford Rebecca
Bought by
Persaud Deidre
Seller's Agent
Agostino Savino
COLDWELL BANKER REALTY
Buyer's Agent
Jason Olmo
REDFIN CORPORATION
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$199,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Gronau Kimberly N
Bought by
Desanti Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,450
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Murphy Joseph M
Bought by
Gronau Kimberly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
5.4%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Harris Leon
Bought by
Murphy Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
6.76%
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 $315,000 --
Warranty Deed $270,000 Top Shelf Title Agency Llc
Deed $260,000 Westcor Land Title Ins Co
Bargain Sale Deed $271,000 Old Republic National Title
Deed $234,000 --
Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $166,000 Seller Take Back
Previous Owner $261,900 New Conventional
Previous Owner $199,500 New Conventional
Previous Owner $199,000 New Conventional
Previous Owner $257,450 Purchase Money Mortgage
Previous Owner $187,200 No Value Available
Previous Owner $120,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $315,000 0.0% $266 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $315,000 -7.3% $266 / Sq Ft
08/09/2022 08/09/22 Price Changed $339,900 -2.9% $287 / Sq Ft
07/21/2022 07/21/22 For Sale $350,000 +29.6% $295 / Sq Ft
09/17/2020 09/17/20 Sold $270,000 -1.8% --
08/05/2020 08/05/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $275,000 +5.8% --
03/22/2018 03/22/18 Sold $260,000 -1.8% --
01/18/2018 01/18/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $264,900 +28.9% --
11/03/2012 11/03/12 Sold $205,500 -- --
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 $5,851 $328,900 $129,000 $199,900
2023 $5,786 $306,800 $129,000 $177,800
2022 $5,675 $282,200 $129,000 $153,200
2021 $5,321 $252,200 $120,000 $132,200
2020 $5,158 $246,300 $120,000 $126,300
2019 $4,926 $242,200 $123,000 $119,200
2018 $4,778 $238,300 $125,000 $113,300
2017 $4,575 $230,000 $125,000 $105,000
2016 $4,513 $231,300 $125,000 $106,300
2015 $4,491 $234,400 $125,000 $109,400
2014 $4,425 $228,800 $125,000 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3440053

Garden State MLS

APN: 02-09203-0000-00031-01-CONDO