NOT LISTED FOR SALE

403 Penns Way Basking Ridge, NJ 07920

Estimated Value: $480,000 - $526,000

2 Beds
2.5 Baths
-- Sq Ft
$268/mo HOA Fee

Last Sold November 21, 2016

Last sale price $319,000

Est. 59% increase in value since last sale

Current estimated payment $3,645/month

172 Days on Market

Highlights

  • Private Pool
  • Sun or Florida Room
  • Eat-In Kitchen
  • Liberty Corner Elementary School Rated A
  • Formal Dining Room
  • Living Room

About This Home

As of November 2016

Wonderful largest two bedroom townhouse in Society Hill with wood floors on the main level. Additional sunroom walks out to private patio facing the woods. Beautiful eat in kitchen, updated powder room, newly painted first floor. Also have additional bump outs on both levels for additional space. Furnace and Air Conditioning new in 2014, water heater new in 2015.

Last Agent to Sell the Property

DEBORAH GIBBS

BHHS FOX & ROACH Listed on: 04/15/2016

Last Buyer's Agent

KENNETH MACFARLANE

KELLER WILLIAMS METROPOLITAN

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1987

Lot Details

  • 958

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

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

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00039-0002-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,313

Year Built

Built in 1987

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Dining Room Chandelier and Drapes
  • Street Number Display: 403
  • Directions: Valley Rd., to Society Hill Entrance, Right on Penns Way #403
  • I D: 4617024
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Society Hill
  • First Name: DEBORAH
  • First Name3: KENNETH
  • Last Name: GIBBS
  • Last Name3: MACFARLANE
  • Office Phone: 908-580-5000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: First
  • Living Room Dim: 18x12
  • Living Room Level: First
  • Level 1 Rooms: Kitchen, Powder Room, Florida/3Season, Foyer, OutEntrn, Dining Room, Living Room, Walkout
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Bath Main
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Assigned, Blacktop

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 268
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, 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 Area
  • Assessed Improvement Value: 152300
  • Assessed Land Value: 125000
  • Assessment: 277300
  • Easement: Unknown
  • Lot Identifier: 39.2
  • Lot I D Tax: *

Rental Info

  • Application Fee: 250
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5313
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00039-0002-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Nov 11, 2016
Sold by
Alfone Christopher J and Alfone Lori
Bought by
Shaw David and Shaw Danielle
Seller's Agent
DEBORAH GIBBS
BHHS FOX & ROACH
Buyer's Agent
KENNETH MACFARLANE
KELLER WILLIAMS METROPOLITAN
List Price
$325,000
Sold Price
$319,000
Premium/Discount to List
-$6,000
-1.85%
Current Estimated Value
$508,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,693
Avg. Annual Appreciation
5.37%
Original Mortgage
$255,200
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2001
Sold by
Chinghua Kao
Bought by
Lay Yee and Yee Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.1%

Purchase Details

Closed on
May 20, 1996
Sold by
Weiner Milton
Bought by
Hsiennan Lai and Chinghua Kao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.77%
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
Shaw David $319,000 Title Consulting Services Ll
Lay Yee $238,000 --
Hsiennan Lai $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw David $255,200
Previous Owner Alfone Christopher J $242,000
Previous Owner Alfone Christopher J $258,000
Previous Owner Alfone Christopher J $256,000
Previous Owner Lay Yee $238,000
Previous Owner Hsiennan Lai $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $319,000 -1.8% --
10/04/2016 10/04/16 Pending -- -- --
04/15/2016 04/15/16 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 $7,264 $408,300 $129,000 $279,300
2023 $6,918 $366,800 $129,000 $237,800
2022 $6,950 $345,600 $129,000 $216,600
2021 $6,571 $311,400 $129,000 $182,400
2020 $6,573 $313,900 $129,000 $184,900
2019 $6,340 $311,700 $125,000 $186,700
2018 $6,069 $302,700 $125,000 $177,700
2017 $5,852 $294,200 $125,000 $169,200
2016 $5,525 $283,200 $125,000 $158,200
2015 $5,313 $277,300 $125,000 $152,300
2014 $5,436 $281,100 $125,000 $156,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    DEBORAH GIBBS

    BHHS FOX & ROACH

  • K

    Buyer's Agent in 2016

    KENNETH MACFARLANE

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3298211

Garden State MLS

APN: 02-09203-0000-00039-02-CONDO

New Jersey Somerset County Basking Ridge 07920

403 Penns Way, Basking Ridge, NJ

This home is located at 403 Penns Way, Basking Ridge, NJ 07920 since 15 April 2016 and is currently estimated at $508,693. This property was built in 1987. 403 Penns Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

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