$315,000
SOLD OCT 28, 2022

312 Penns Way Unit E1 Basking Ridge, NJ 07920

2 Beds
2 Baths
1,186 Sq Ft
$315/mo HOA Fee

Recently Sold

$266 Per Sq Ft

10% Below List Price

63 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • 1-Story Property
  • Liberty Corner Elementary School Rated A
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Step into this fully renovated, open concept condo located in the Society Hill II neighborhood of Basking Ridge. Conveniently located minutes from 287 and 78, a commuters dream, and lots of shopping and dining within minutes. Large master bedroom has attached updated full bath. Master also has walk in closet with brand new built in storage. Guest bedroom with tons of natural light has a huge double closet with half shelving/half hanging space. Updated large hallway bathroom with tub. Wall between kitchen and dining room was opened up to create a breakfast bar. Dining and living room are spacious and ready for entertaining. Unit has a laundry/utility room with a washer/dryer included in sale. The unit is located in the rear of the building- walk down a covered hallway and flight of stairs to a private entrance. Glass sliders off the living room lead to a completely private patio and garden that backs up to green acres. Unit is hardwired with security system. Assigned parking spot in front of the building and plenty of guest spaces. Fabulous HOA that maintains landscaping, snow, and public areas. Paved walking paths, ponds, community pool, bocce courts, playgrounds, and clubhouse that hosts many activities throughout the year. Price reduction to align with current interest rates.

Last Agent to Sell the Property

Maria Cuccinello

KELLER WILLIAMS SUBURBAN REALTY Brokerage Phone: 973-610-4379 Listed on: 07/21/2022

KELLER WILLIAMS SUBURBAN REALTY

Last Buyer's Agent

BARBARA B. GIEGERICH

ERA SUBURB REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,157

Year Built

  • Built in 1986

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window

Listing and Financial Details

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

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,157

Year Built

Built in 1986

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: please ask agent
  • Street Number Display: 312
  • Directions: Valley to Society Hill Entrance-- unit is the back downstairs :)
  • I D: 5167670
  • Modified: 2023-10-29
  • Number Images: 20
  • First Name: MARIA
  • First Name3: BARBARA B.
  • Last Name: CUCCINELLO
  • Last Name3: GIEGERICH
  • Office Phone: 973-251-0100
  • Attribution Contact: 973-610-4379
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Refrigerator, Self Cleaning Oven
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Kitchen Area: Separate Dining Area
  • Living Room Level: First
  • Estimated Sq Ft: 1186
  • Phone: 973-251-0100

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Assigned

Utilities

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

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 315
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: One Time

Lot Info

  • Lot Size: 000
  • Assessed Improvement Value: 153200
  • Assessed Land Value: 129000
  • Assessment: 282200
  • Easement: Unknown
  • Lot Identifier: 31.01
  • Lot I D Tax: *

Rental Info

  • Application Fee: 880
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5157
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00031-0001-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

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

Similar Homes in the area

  • 341 Penns Way Unit D2, Basking Ridge, NJ 07920

    $350,000

    • 2 Beds
    • 2 Baths
    • 341 Penns Way
    • Unit D2
    • Basking Ridge, NJ

    Welcome to Society Hill-Perfectly scaled open kitchen/living/dining rooms provide easy entertaining. Two 1st floor King Sized Bedrooms/2 Full Renovated Bathrooms w great closet space located at opposite ends of the unit ensuring privacy and personal space. This residential community includes a wide range of amenity packages, Washer/Dryer in Unit, Resident's Lounge Clubhouse, play area, Tennis,

    DIANE STATILE PROMINENT PROPERTIES SIR

    Section Image
  • 136 Woodward Ln, Basking Ridge, NJ 07920

    $399,999

    • 2 Beds
    • 2 Baths
    • 136 Woodward Ln
    • Basking Ridge, NJ

    This 1st floor, 2-bedroom, 2-bath home offers a comfortable living space with beautiful laminate flooring running throughout. Natural light pours in through large sliding glass doors and large windows, giving the space a warm, airy feel from the moment you walk in.The living and dining areas connect seamlessly, with direct access to your private patio perfect for enjoying a morning coffee or some

    MARK KONICEK BHHS FOX & ROACH

    Section Image
  • 153 Woodward Ln, Basking Ridge, NJ 07920

    $399,900

    • 2 Beds
    • 2 Baths
    • 153 Woodward Ln
    • Basking Ridge, NJ

    Very nice and clean 2-bedroom, 2-bathroom unit located on the 2nd floor and available for immediate occupancy. This bright and inviting home features hard flooring in the living and dining areas, an open layout, and a convenient in-unit washer and dryer. Both bedrooms are generously sized, with ample closet space and two full bathrooms for added privacy and functionality. Enjoy the comfort of

    Lana Evers COLDWELL BANKER REALTY

    Section Image
  • 227 Potomac Dr, Basking Ridge, NJ 07920

    $395,000

    • 2 Beds
    • 1 Bath
    • 227 Potomac Dr
    • Basking Ridge, NJ

    Welcome to Spring Ridge, a sought-after community known for its wide, tree-lined streets ideal for leisurely walks and bike rides. Residents enjoy mature landscaping, a clubhouse, outdoor pool, tennis courts, and a convenient location close to shopping and major commuter routes. This thoughtfully updated one-level condo features a stylish kitchen with granite countertops, stainless steel

    Pamela Tishman COLDWELL BANKER REALTY

    Section Image
  • 85 Smithfield Ct, Basking Ridge, NJ 07920

    $389,000

    • 2 Beds
    • 1 Bath
    • 85 Smithfield Ct
    • Basking Ridge, NJ

    Welcome to this beautifully updated first floor 2-bedroom, 1-bath condo offering a perfect blend of comfort, style, and convenience. Step into the designer kitchen featuring sleek cabinetry, stainless steel appliances, a subway tile backsplash, and a breakfast bar ideal for casual dining or entertaining. The spacious living room boasts a cozy wood-burning fireplace and flows into a separate

    Susanne Chiefa C-21 NEW BEGINNINGS

    Section Image
  • 48 Jamestown Rd, Basking Ridge, NJ 07920

    $399,999

    • 2 Beds
    • 2 Baths
    • 48 Jamestown Rd
    • Basking Ridge, NJ

    2 BED/2 BATH CONDO IN HIGHLY DESIRABLE BASKING RIDGE OFFERS EASY LIVING WITH COMMUNITY AMENITIES! Spring Ridge Community is ideally located close to charming downtown Basking Ridge and minutes from 78. 48 Jamestown Road is located on the Second Floor, accessed via covered stairwell from the included private parking space outside the dedicated single-car garage. Inside you'll find a generous coat

    Scott Shuman KELLER WILLIAMS REALTY

    Section Image
  • 21 Parkside Rd, Bedminster, NJ 07921

    $285,000

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft
    • 21 Parkside Rd
    • Bedminster, NJ

    Welcome to the lovely "Parkside Community" located in the highly desirable "The Hills" section of Bedminster. This lovely 2 Level Unit offers a premium location with a patio view of a lovely grass / landscape area which is great for relaxation or entertainment. Located on the back side of the building facing away from the parking lot this unit offers plenty of privacy from the busyness of the

    PETER CIURCZAK PARTNERS REALTY GROUP

    Section Image
  • 41 Countryside Dr, Basking Ridge, NJ 07920

    $269,000

    • 1 Bed
    • 1 Bath
    • 41 Countryside Dr
    • Basking Ridge, NJ

    Welcome to easy living in Countryside Manor! This charming 1-bedroom, 1-bathroom condo offers the perfect blend of comfort and convenience. Inside you'll find an open floor plan with a generously sized bedroom. Current updates include flooring (2021), washer/dryer (2021), windows (2022) and refrigerator (2022). Enjoy community amenities including a swimming pool, tennis courts, and beautifully

    LISA BROWN COLDWELL BANKER REALTY

    Section Image
  • 26 Countryside Dr, Basking Ridge, NJ 07920

    $325,000

    • 1 Bed
    • 1 Bath
    • 1,120 Sq Ft
    • 26 Countryside Dr
    • Basking Ridge, NJ

    Welcome to easy, stylish living at Countryside Manor in Basking Ridge. This ground-floor one-bedroom, one-bath, (with den, patio, and side by side washer and dryer) condo offers privacy, amenities, and convenience. Set against a peaceful wooded backdrop, the home features laminate plank flooring, a nicely renovated kitchen with quartz countertops, an undermount sink, updated appliances, pull-down

    Marie Young COLDWELL BANKER REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3797690

Garden State MLS

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