NOT LISTED FOR SALE

427 Penns Way Basking Ridge, NJ 07920

Estimated Value: $500,000 - $576,586

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

Last Sold May 16, 2016

Last sale price $337,000

Est. 57% increase in value since last sale

Current estimated payment $3,736/month

14 Days on Market

Highlights

  • Clubhouse
  • L-Shaped Dining Room
  • Tennis Courts
  • Liberty Corner Elementary School Rated A
  • Community Pool
  • Jogging Path

About This Home

As of May 2016

Private location backing on mature evergreen trees.Desirable 3-BR 350 model w/fireplace. All windows replacement thermal-pane. Laminate flooring in 1 bedroom. MBR walk-in closet w/closet organizers. Neutral Berber carpeting, paddle fans. Well-manicured complex on 43 acres with wonderful amenities, close to public transportation (train & bus), highways, shopping and across from the township's Pleasant Valley Park. Excellent school system!

Last Agent to Sell the Property

SUSAN FELTER

COLDWELL BANKER REALTY Listed on: 03/14/2016

Last Buyer's Agent

KELLY JU

REALMART REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,432

Year Built

  • Built in 1986

Lot Details

  • Privacy Fence
  • Open Lot

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Utility Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

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

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • 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
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00046-0002-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area
  • $250 Other One-Time Fees

Recreation

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

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,432

Year Built

Built in 1986

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: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 427
  • Directions: Valley Road to Society Hill entrance (Spring Valley Blvd), to 5th R onto 2nd Penns Way entrance, on R., #427.
  • I D: 4607070
  • Modified: 2021-09-23
  • Number Images: 12
  • Section Subdiv Development: Society Hill - 350
  • First Name: SUSAN
  • First Name3: KELLY
  • Last Name: FELTER
  • Last Name3: JU
  • Office Phone: 211565
  • Office Phone3: 283309
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Laminate, Vinyl-Linoleum
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: TubShowr, StallShw, Blinds, Fire Extinguisher
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x9
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Level 1 Rooms: Kitchen, Powder Room, Laundry Room, Foyer, Utility Room, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Phone: 908-766-2900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk, Thermal Windows/Doors, Patio, Storm Door(s), Privacy Fence, FencVnyl
  • Roof Description: Composition Shingle

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Humidifr, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 268
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 250

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: 184400
  • Assessed Land Value: 125000
  • Assessment: 309400
  • Easement: Unknown
  • Lot Description: Open Lot, Level Lot
  • Lot Identifier: 46.2
  • Lot I D Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 804
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5432
  • Assessor Parcel Number: 2702-09203-0000-00046-0002-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

Closed on
Jul 20, 2020
Sold by
Zhuo Shugqiong
Bought by
Huang Yi Yuan and Cheng Yu Hsiang
Current Estimated Value
$528,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$233,216
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$295,181

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 10, 2016
Sold by
Valese Nicholas L and Valese Kathleen
Bought by
Zhuo Shuqiong
Seller's Agent
SUSAN FELTER
COLDWELL BANKER REALTY
Buyer's Agent
KELLY JU
REALMART REALTY
List Price
$339,900
Sold Price
$337,000
Premium/Discount to List
-$2,900
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$120,000
Interest Rate
2.86%
Mortgage Type
New Conventional
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
Huang Yi Yuan $330,000 None Available
Zhuo Shuqiong $337,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Yi Yuan $264,000
Previous Owner Zhuo Shuqiong $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $337,000 -0.9% --
03/28/2016 03/28/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $339,900 -- --
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 $7,858 $492,000 $160,000 $332,000
2024 $7,858 $441,700 $129,000 $312,700
2023 $7,789 $413,000 $129,000 $284,000
2022 $7,889 $392,300 $129,000 $263,300
2021 $6,796 $322,100 $129,000 $193,100
2020 $6,682 $319,100 $129,000 $190,100
2019 $6,470 $318,100 $125,000 $193,100
2018 $6,378 $318,100 $125,000 $193,100
2017 $6,228 $313,100 $125,000 $188,100
2016 $5,995 $307,300 $125,000 $182,300
2015 $5,678 $309,400 $125,000 $184,400
2014 $5,432 $293,800 $125,000 $168,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    SUSAN FELTER

    COLDWELL BANKER REALTY

  • K

    Buyer's Agent in 2016

    KELLY JU

    REALMART REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3289515

Garden State MLS

APN: 02-09203-0000-00046-02-CONDO

New Jersey Somerset County Basking Ridge 07920

427 Penns Way, Basking Ridge, NJ

This home is located at 427 Penns Way, Basking Ridge, NJ 07920 since 14 March 2016 and is currently estimated at $528,397. This property was built in 1986. 427 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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