NOT LISTED FOR SALE

414 Penns Way Unit 32E Basking Ridge, NJ 07920

Estimated Value: $509,000 - $557,571

3 Beds
2.5 Baths
1,571 Sq Ft
$335/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $387,000 $246 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,745/month

13 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wine Refrigerator
  • Liberty Corner Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of March 2021

This 3 bdrm, 2 1/2 bath interior large (600) unit boasts many desirable updates & is completed by one of the largest decks in the community. All kitchen SS appliances have been upgraded including under-counter wine cooler, under cab lights. The freshly painted interior is a neutral backdrop of grays for ease in blending any on-trend decor. All 3 bths have been updated over last 5 years, incl new tile, vanities, fixtures, shower doors, etc. Other special features include crown molding throughout, newer wood-look floors on entire second floor, kitchen tile, new carpet on stairs and alarm system. Even the exterior of the home shows off upgrades of stylish light fixture, newer hand rails & Trex deck. Amenities include pool, club house, etc. PLEASE PRESENT HIGHEST & BEST OFFER TO LA BY 5 PM MONDAY, FEB.1ST.

Last Agent to Sell the Property

MARY LICATA

TURPIN REAL ESTATE, INC. Listed on: 01/26/2021

Last Buyer's Agent

Maura Ballard

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,305

Year Built

  • Built in 1986

Lot Details

  • Privacy Fence

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1,571 Sq Ft Home
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

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 2702-09203-0000-00044-0005-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,305

Year Built

Built in 1986

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: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 414
  • Directions: Valley Road to Spring Valley Road to Penns Way #414
  • I D: 5042232
  • Modified: 2022-03-20
  • Number Images: 20
  • Section Subdiv Development: Society Hill
  • First Name: MARY
  • First Name3: MAURA
  • Last Name: LICATA
  • Last Name3: BALLARD
  • Office Phone: 908-234-9100 ext 215
  • Office Phone3: 908-234-9100
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer, WineRefr
  • Number Rooms: 6
  • 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
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x13
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 1571
  • Phone: 908-234-9100

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck, Privacy Fence, Storm Door(s)
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Assigned, Common

Utilities

  • Cooling: 1 Unit, 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: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal

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: 000
  • Assessed Improvement Value: 181300
  • Assessed Land Value: 129000
  • Assessment: 310300
  • Easement: Unknown
  • Lot Identifier: 44.05
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6305
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00044-0005-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 17, 2021
Sold by
Cohen Tara L and Cohen Dana E
Bought by
Shah Vinay and Shah Niki R
Seller's Agent
MARY LICATA
TURPIN REAL ESTATE, INC.
Buyer's Agent
Maura Ballard
COLDWELL BANKER REALTY
List Price
$384,500
Sold Price
$387,000
Premium/Discount to List
$2,500
0.65%
Current Estimated Value
$526,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,893
Avg. Annual Appreciation
7.02%
Original Mortgage
$286,000
Outstanding Balance
$212,828
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$314,065

Purchase Details

Closed on
Oct 30, 2008
Sold by
Cohen Jacquelyn A and Savino Tara L
Bought by
Savino Tara L and Savino Dana M

Purchase Details

Closed on
Aug 9, 2007
Sold by
Uhrig Matthew and Uhrig Stacey
Bought by
Cohen Jacquelyn A and Savino Tara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Dubowsky Fred
Bought by
Uhrig Matthew and Landau Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.23%
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
Shah Vinay $387,000 Foundation Ttl Llc East Brun
Shah Vinay $387,000 Land Title Services
Savino Tara L -- None Available
Cohen Jacquelyn A $380,142 None Available
Uhrig Matthew $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Vinay $286,000
Closed Shah Vinay $286,000
Previous Owner Cohen Jacquelyn A $250,000
Previous Owner Uhrig Matthew $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $387,000 +0.7% $246 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $384,500 -- $245 / 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
2025 $7,691 $471,400 $160,000 $311,400
2024 $7,691 $432,300 $129,000 $303,300
2023 $7,544 $400,000 $129,000 $271,000
2022 $7,559 $375,900 $129,000 $246,900
2021 $7,252 $343,700 $129,000 $214,700
2020 $6,498 $310,300 $129,000 $181,300
2019 $6,305 $310,000 $125,000 $185,000
2018 $6,216 $310,000 $125,000 $185,000
2017 $6,226 $313,000 $125,000 $188,000
2016 $6,036 $309,400 $125,000 $184,400
2015 $5,965 $311,300 $125,000 $186,300
2014 $6,108 $315,800 $125,000 $190,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3689230

Garden State MLS

APN: 02-09203-0000-00044-05-CONDO