NOT LISTED FOR SALE

401 Penns Way Unit 30H Basking Ridge, NJ 07920

Estimated Value: $508,000 - $536,872

3 Beds
2.5 Baths
1,320 Sq Ft
$290/mo HOA Fee

Last Sold May 09, 2018

Last sale price $335,000 $254 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,768/month

27 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Burning Stove
  • Liberty Corner Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2018

Desirable End Unit at Society Hill. 3 bedrooms & 2.1 baths. Updated furnace and hot water heater. Wood floors in all three bedrooms. Pergo floors in Living Room and Dining Room. Marble floors in the Kitchen and Powder Room. Wood burning fire place. Deck off the kitchen. Roof 2016. Convenient location to shopping, restaurants and I-78. 43 acre of manicured community near Pleasant Valley Park. On-site property manager, clubhouse, in-ground pool, tennis court, bocce court, basketball court, bicycle paths. Excellent Basking Ridge Schools

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 02/10/2018

Last Buyer's Agent

FAHAD HYDER

HIGHMARK REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,179

Year Built

  • Built in 1986

Lot Details

  • Open Lot

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00042-0008-CONDO
  • Tax Block *

Community Details

Recreation

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

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,179

Year Built

Built in 1986

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 401
  • Directions: I-78 Exit 33, to North on Mt Airy Rd, to R on Valley Rd. to 1st R into Society Hill Entrance to 5th R on Penns Way to #401 on the Right
  • I D: 4775539
  • Modified: 2021-09-23
  • Number Images: 20
  • Section Subdiv Development: Society Hill
  • First Name: ALMA
  • First Name3: FAHAD
  • Last Name: AGUAYO
  • Last Name3: HYDER
  • Office Phone: 908-766-7500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Wood
  • Fireplace Description: Wood Stove-Freestanding, Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x09
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Utility Room
  • Other Room1 Level: First
  • Level 1 Rooms: Laundry Room, Utility Room, Living Room, Dining Room, Powder Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 1320
  • Phone: 908-766-7500

Exterior Features

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

Garage/Parking

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

Utilities

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

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: 185700
  • Assessed Land Value: 125000
  • Assessment: 310700
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 42.8
  • Lot I D Tax: *

Rental Info

  • Application Fee: 1120
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6179
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00042-0008-CONDO
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2018
Closed on
May 9, 2018
Sold by
Ibrahim Mohamed and Abdelbary Manal
Bought by
Murad Mansoor
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
FAHAD HYDER
HIGHMARK REAL ESTATE
List Price
$359,000
Sold Price
$335,000
Premium/Discount to List
-$24,000
-6.69%
Current Estimated Value
$519,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,218
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Cocuzza Susan B and Cocuzza Thomas Anthony
Bought by
Ibrahim Mohamed and Abdelbary Manal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2004
Sold by
Oveissi Jalal E
Bought by
Cocuzza Susan B and Thomas Anthony Cocuzza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
5.58%
Mortgage Type
New Conventional
Source: Public Records

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
Murad Mansoor $335,000 Chicago Title Ins Co
Ibrahim Mohamed $340,000 Multiple
Cocuzza Susan B $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibrahim Mohamed $306,000
Previous Owner Cocuzza Susan B $263,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $335,000 -6.7% $254 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $359,000 -- $272 / 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 $7,317 $411,300 $129,000 $282,300
2023 $7,269 $385,400 $129,000 $256,400
2022 $7,374 $366,700 $129,000 $237,700
2021 $6,409 $315,300 $129,000 $186,300
2020 $6,634 $316,800 $129,000 $187,800
2019 $6,409 $315,100 $125,000 $190,100
2018 $6,318 $315,100 $125,000 $190,100
2017 $6,180 $310,700 $125,000 $185,700
2016 $5,962 $305,600 $125,000 $180,600
2015 $5,959 $311,000 $125,000 $186,000
2014 $5,711 $295,300 $125,000 $170,300
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3445881

Garden State MLS

APN: 02-09203-0000-00042-08-CONDO