NOT LISTED FOR SALE

389 Penns Way Unit E Basking Ridge, NJ 07920

Estimated Value: $515,000 - $567,000

3 Beds
3 Baths
1,656 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $356,000 $215 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,763/month

About This Home

As of March 2015

This home is located at 389 Penns Way Unit E, Basking Ridge, NJ 07920 since 20 March 2015 and is currently estimated at $550,592, approximately $332 per square foot. This property was built in 1986. 389 Penns Way Unit E is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Co-Listed By

Christine Hunter

KELLER WILLIAMS REALTY Brokerage Phone: 908-766-0808

KELLER WILLIAMS REALTY

Last Buyer's Agent

george hansen

ERA SUBURB REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,061

Year Built

  • 1986

Lot Details

  • 958

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,061

Year Built

1986

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 389
  • I D: 4498353
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
Mar 18, 2015
Sold by
Maniar Mihir K and Capoccia Madhavi F
Bought by
Desai Veena and Gaikwad Ananta
Buyer's Agent
george hansen
ERA SUBURB REALTY
Sold Price
$356,000
Total Days on Market
0
Current Estimated Value
$550,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,592
Avg. Annual Appreciation
4.36%
Original Mortgage
$284,800
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Sold by
Maniar Kishor K and Maniar Jyotsna K
Bought by
Maniar Mihir K and Capoccia Madhavi F

Purchase Details

Closed on
Nov 17, 2010
Sold by
Maniar Kishor K and Maniar Jyotsna K
Bought by
Maniar Kishor K and Maniar Jyotsna K

Purchase Details

Closed on
Oct 16, 2007
Sold by
Maniar Kishor K and Maniar Jyotsna K
Bought by
Maniar Kishor K and Maniar Jyotsna K
Source: Public Records

Similar Home in the area

  • 213 Liberty Corner Rd, Far Hills, NJ 07931

    $599,000

    • 3 Beds
    • 1.5 Baths
    • 1,517 Sq Ft
    • 213 Liberty Corner Rd
    • Far Hills, NJ

    Excellent opportunity in the desirable Far Hills section of Bernards Township, surrounded by million-dollar homes. Perfect for a contractor, this charming ranch sits on a large beautiful, level lot that backs to parkland, offering exceptional privacy in a truly unique serene setting. The home's renovation has been nearly completed including a bright new kitchen with white shaker cabinets, a

    Heather Bailey 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 Buyer Sale Price Title Company
Desai Veena $356,000 Investors Title Agency Inc
Maniar Mihir K $331,000 None Available
Maniar Kishor K -- None Available
Maniar Kishor K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Veena $261,200
Closed Desai Veena $266,250
Previous Owner Desai Veena $284,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $356,000 -- $215 / 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
2024 $8,061 $453,100 $129,000 $324,100
2023 $7,893 $418,500 $129,000 $289,500
2022 $7,891 $392,400 $129,000 $263,400
2021 $7,480 $354,500 $129,000 $225,500
2020 $7,260 $346,700 $129,000 $217,700
2019 $7,021 $345,200 $125,000 $220,200
2018 $6,921 $345,200 $125,000 $220,200
2017 $6,888 $346,300 $125,000 $221,300
2016 $6,786 $347,800 $125,000 $222,800
2015 $6,380 $333,000 $125,000 $208,000
2014 $6,077 $314,200 $125,000 $189,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3192501

Garden State MLS

APN: 02-09203-0000-00038-04-CONDO