NOT LISTED FOR SALE

406 Penns Way Unit 31D Basking Ridge, NJ 07920

Estimated Value: $523,000 - $566,666

3 Beds
2.5 Baths
1,672 Sq Ft
$330/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $389,000 $233 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,072/month

13 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Liberty Corner Elementary School Rated A
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of September 2020

Largest 3 bedroom (model 600) town home at Society Hill, backing to lawns & nature. Updated kitchen with custom cabinets, granite countertops & expanded storage. Beautiful laminate floors on first floor. New carpeting upstairs. Sunroom. Updated baths. California closets in master bedroom. All windows and sliders replaced with Renewal by Anderson and transferrable lifetime warranty. Updated closet doors. New steel front door. Ceiling fans. Assigned parking spot & ample shared parking. Amenities include outdoor pool, tennis and bocce courts, playground, walking/ jogging paths & a clubhouse with on-site manager. Pet friendly community. Close proximity to Pleasant Valley Park. Conveniently located to RT 78, 287 & NYC Midtown Direct Trains & Buses. Top Rated School District.

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 07/18/2020

Last Buyer's Agent

ALMA AGUAYO

WEICHERT REALTORS Listed on: 07/18/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,267

Year Built

  • Built in 1987

Lot Details

  • 958

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,672 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

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
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00039-0005-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,267

Year Built

Built in 1987

Lot Details

0

HOA Fees

$300 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: Ring Alarm & Doorbell system. Kitchen Island
  • Renovated Year: 2015
  • Street Number Display: 406
  • Directions: I-78 Exit 33, to North on Mt Airy Rd, to R on Valley Rd, to 1st R into Society Hill Entrance, to t5h R on Penns Way, to #406 on the Left
  • I D: 4995686
  • Modified: 2021-10-01
  • Number Images: 23
  • Section Subdiv Development: Society Hill
  • First Name: ALMA
  • First Name3: ALMA
  • Last Name: AGUAYO
  • Last Name3: AGUAYO
  • Office Phone: 908-766-7500
  • Office Phone3: 908-766-7500
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2015

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, StallShw, TubShowr
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • 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
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x10
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 14x08
  • Other Room1 Level: First
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Pantry, Powder Room, Sunroom
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 1672
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio
  • 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: All Underground, Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

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: 232300
  • Assessed Land Value: 125000
  • Assessment: 357300
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot Identifier: 39.5
  • Lot I D Tax: *

Rental Info

  • Application Fee: 900
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7267
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00039-0005-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Oct 19, 2020
Sold by
Bush Richard and Bush Diane
Bought by
Oritz Alex Mingo and Oritz Melissa
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
List Price
$389,000
Sold Price
$389,000
Total Days on Market
13
Current Estimated Value
$552,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,167
Avg. Annual Appreciation
7.77%
Original Mortgage
$369,550
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 23, 2020
Sold by
Bush Richard and Bush Diane
Bought by
Oritz Alex Mingo and Oritz Melissa
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,550
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2014
Closed on
Feb 26, 2014
Sold by
Stapleton Robert and Stapleton Aneta
Bought by
Bush Richard and Bush Diane
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%
Original Mortgage
$330,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2009
Sold by
Moran Martha
Bought by
Stapleton Robert and Stapleton Aneta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Pawlyk John
Bought by
Moran Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
5.94%

Purchase Details

Closed on
Aug 27, 1997
Sold by
Ferreira Sergio
Bought by
Pawlyk John and Pawlyk Slyvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.41%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Shahon Mark
Bought by
Fereira Sergio and Ferreira Lucia Caprenter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
8.61%
Source: Public Records

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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
Oritz Alex Mingo $389,000 Land Title Services
Oritz Alex Mingo $389,000 Westcor Land Title Ins Co
Bush Richard $359,000 None Available
Stapleton Robert $345,000 Fidelity Natl Title Ins Co
Moran Martha $324,000 --
Pawlyk John $162,000 --
Fereira Sergio $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Alex Mingo $369,550
Previous Owner Oritz Alex Mingo $369,550
Previous Owner Oritz Alex Mingo $369,550
Previous Owner Bush Richard $330,000
Previous Owner Stapleton Robert $276,000
Previous Owner Moran Martha $259,200
Previous Owner Pawlyk John $146,000
Previous Owner Fereira Sergio $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $389,000 0.0% $233 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $389,000 +8.4% $233 / Sq Ft
02/27/2014 02/27/14 Sold $359,000 -- $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 $8,208 $461,400 $129,000 $332,400
2023 $8,031 $425,800 $129,000 $296,800
2022 $8,032 $399,400 $129,000 $270,400
2021 $7,853 $372,200 $129,000 $243,200
2020 $7,494 $357,900 $129,000 $228,900
2019 $7,267 $357,300 $125,000 $232,300
2018 $7,164 $357,300 $125,000 $232,300
2017 $7,019 $352,900 $125,000 $227,900
2016 $6,944 $355,900 $125,000 $230,900
2015 $6,566 $342,700 $125,000 $217,700
2014 $6,531 $337,700 $125,000 $212,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3649472

Garden State MLS

APN: 02-09203-0000-00039-05-CONDO