NOT LISTED FOR SALE

314 Penns Way Basking Ridge, NJ 07920

Estimated Value: $406,553 - $460,000

2 Beds
2 Baths
1,100 Sq Ft
$280/mo HOA Fee

Last Sold March 30, 2017

Last sale price $263,000 $239 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,977/month

28 Days on Market

Highlights

  • Private Pool
  • Wooded Lot
  • Formal Dining Room
  • Liberty Corner Elementary School Rated A
  • Jogging Path
  • Thermal Windows

About This Home

As of March 2017

First floor condo facing the woods - no steps to entry - new carpet, new floors!! Quick close available - don't wait! MORE PHOTOS COMING THIS WEEKEND! No stairs, very accessible.

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Listed on: 01/26/2017

BHHS FOX & ROACH

Last Buyer's Agent

ALISON B. STEWART

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1986

Lot Details

  • 436

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Track Lighting
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Wall to Wall Carpet

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Additional Parking
  • Parking Lot
  • 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
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Patio
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00031-0003-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,569

Year Built

Built in 1986

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Style: One Floor Unit, Townhouse-End 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: 314
  • Directions: Rte 78 to Valley Road to Spring Valley Blvd to Penns Way
  • I D: 4684111
  • Modified: 2021-09-23
  • Number Images: 9
  • Section Subdiv Development: Society Hill
  • First Name: JENNIFER A.
  • First Name3: ALISON B.
  • Last Name: BLANCHARD
  • Last Name3: STEWART
  • Office Phone: 908-580-5000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Washer, Dishwasher, Dryer
  • Interior Amenities: Walk-In Closet, Fire Alarm Sys, Security System, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector, Track Lighting
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: 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: 10x10
  • Other Room1 Level: First
  • Level 1 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Laundry Room, Dining Room, Living Room, Bath Main
  • Estimated Sq Ft: 1100
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Sidewalk, Tennis Courts, Thermal Windows/Doors, Patio, Storm Door(s), Storm Window(s)
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared, Additional Parking, Assigned

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: Playground, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 280
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, 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: 109200
  • Assessed Land Value: 125000
  • Assessment: 234200
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 31.3
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4569
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00031-0003-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
Jan 26, 2017
Closed on
Mar 29, 2017
Sold by
Ulicki Edwrd and Ulicki Linda
Bought by
Kalra Shruti
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
ALISON B. STEWART
WEICHERT REALTORS
List Price
$257,900
Sold Price
$263,000
Premium/Discount to List
$5,100
1.98%
Current Estimated Value
$420,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,638
Avg. Annual Appreciation
5.67%
Original Mortgage
$184,100
Outstanding Balance
$94,952
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$325,686
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
Kalra Shruti $263,000 Regional Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalra Shruti $184,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $263,000 +2.0% $239 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $257,900 -- $234 / Sq Ft
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
2025 $5,501 $359,500 $160,000 $199,500
2024 $5,501 $309,200 $129,000 $180,200
2023 $5,456 $289,300 $129,000 $160,300
2022 $5,325 $264,800 $129,000 $135,800
2021 $5,049 $239,300 $120,000 $119,300
2020 $5,030 $240,200 $120,000 $120,200
2019 $4,849 $238,400 $123,000 $115,400
2018 $4,742 $236,500 $125,000 $111,500
2017 $4,686 $235,600 $125,000 $110,600
2016 $4,569 $234,200 $125,000 $109,200
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: 3360311

Garden State MLS

APN: 02-09203-0000-00031-03-CONDO