NOT LISTED FOR SALE

398 Penns Way Basking Ridge, NJ 07920

Estimated Value: $457,901 - $550,000

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

Last Sold July 22, 2019

Last sale price $305,000

Est. 61% increase in value since last sale

Current estimated payment $3,567/month

29 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Liberty Corner Elementary School Rated A
  • Attic
  • Jogging Path

About This Home

As of July 2019

Bright, open concept townhome with many updates! Expansive combination Living and Dining Room that focuses on massive new Slider doors filled with grassy views and sunlight. Built in shelving and bead board trim add to the character. Enjoy a new floor, Corian counters, new lighting, great appliances in a large Kitchen w/ eating area. Upstairs take your choice of 2 Master Bedrms -both with updated en-suite baths and great closets! Laundry is right there too for convenience. A beautiful new custom Patio and updated Powder Rm round out the home while a new hot water heater, AC and furnace along with a few new windows give peace-of-mind! Enjoy a refreshing in-ground pool, tennis court, & other Association amenities in Society Hill or being just minutes to major commute routes, town center, restaurants, & schools!

Last Agent to Sell the Property

Chantal Konicek

BHHS FOX & ROACH Listed on: 05/09/2019

BHHS FOX & ROACH

Last Buyer's Agent

Trevon Peiris

RE/MAX CLASSIC GROUP

RE/MAX CLASSIC GROUP

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,531

Lot Details

  • 784

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Thermal Windows
  • Entrance Foyer
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Wall to Wall Carpet
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • 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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00042-0005-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,531

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 398
  • Directions: Valley Road to Spring Valley Blvd to Penns Way to #398
  • I D: 4895899
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Society Hill
  • First Name: CHANTAL M
  • First Name3: TREVON
  • Last Name: KONICEK
  • Last Name3: PEIRIS
  • Office Phone: 908-580-5000
  • Office Phone3: 908-698-4727
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 14x14
  • Living Room Level: First
  • Level 1 Rooms: Foyer, OutEntrn, Living Room, Dining Room, Powder Room, Kitchen
  • Level 2 Rooms: Laundry Room, 2 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Curbs, Sidewalk, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

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

Utilities

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

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

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: 150900
  • Assessed Land Value: 125000
  • Assessment: 275900
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 42.5
  • Lot I D Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 250
  • Pets Allowed: Call, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5531
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00042-0005-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 19, 2019
Sold by
Karns Krista M
Bought by
Mohammadieh Mahsa
Seller's Agent
Chantal Konicek
BHHS FOX & ROACH
Buyer's Agent
Trevon Peiris
RE/MAX CLASSIC GROUP
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$490,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,975
Avg. Annual Appreciation
8.09%
Original Mortgage
$270,000
Outstanding Balance
$239,559
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$246,459

Purchase Details

Closed on
Feb 21, 2007
Sold by
Landre Willaim
Bought by
Karns Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
6.23%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Vitureira Kerry
Bought by
Houtz John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,200
Interest Rate
6.61%

Purchase Details

Closed on
May 1, 2001
Sold by
Tyburski Matthew
Bought by
Vitureira Jorge and Brennan Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
7.14%

Purchase Details

Closed on
Nov 22, 1999
Sold by
Penna Nicholas
Bought by
Tyburski Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
7.77%

Purchase Details

Closed on
Nov 1, 1999
Sold by
Sorg Ronald
Bought by
Cantone Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
7.77%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Mildred Chappell O
Bought by
Penna Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.83%
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
Mohammadieh Mahsa $305,000 Chicago Title Insurance Co
Karns Krista $322,000 --
Houtz John $245,000 --
Vitureira Jorge $186,000 --
Tyburski Matthew $165,500 --
Cantone Catherine $241,500 --
Penna Nicholas $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammadieh Mahsa $270,000
Previous Owner Kauns Krista M $224,000
Previous Owner Karns Krista M $250,150
Previous Owner Karns Krista $257,600
Previous Owner Houtz John $222,200
Previous Owner Vitureira Jorge $167,400
Previous Owner Tyburski Matthew $157,200
Previous Owner Cantone Catherine $226,415
Previous Owner Penna Nicholas $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $305,000 -6.2% --
06/07/2019 06/07/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $325,000 -- --
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 $6,780 $381,100 $129,000 $252,100
2023 $6,548 $347,200 $129,000 $218,200
2022 $6,673 $331,800 $129,000 $202,800
2021 $6,075 $287,900 $129,000 $158,900
2020 $6,033 $288,100 $129,000 $159,100
2019 $5,758 $283,100 $125,000 $158,100
2018 $5,532 $275,900 $125,000 $150,900
2017 $5,390 $271,000 $125,000 $146,000
2016 $5,233 $268,200 $125,000 $143,200
2015 $5,008 $261,400 $125,000 $136,400
2014 $4,951 $256,000 $125,000 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3555303

Garden State MLS

APN: 02-09203-0000-00042-05-CONDO