$405,000
SOLD JUL 15, 2021

429 Penns Way Basking Ridge, NJ 07920

3 Beds
2.5 Baths
-- Sq Ft
$300/mo HOA Fee

Recently Sold

1% Above List Price

3 Days on Market

Highlights

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

About This Home

As of July 2021

Largest 3 Bedroom model 600 w lot of upgrades in a beautiful community. Move in Ready. Freshly Painted. Large kitchen with granite countertops, SS appliances & eat in kitchen space. Updated powder rm Spacious dining room and step down living room with wood burning fireplace. Enclosed Florida room for privacy with sliders to the patio. 3 bedrooms and 2 full bath on the 2nd level. Large Master bedroom with Hard wood flooring and en suite bathroom. Brand new wood laminate flooring in the other 2 bedrooms (21), Laundry on 2nd floor. HVAC (15), HWH (14) , Dishwasher (18), Washer and Dryer (17). Amenities include Playground, Tennis courts, club house, swimming pool, Bocce Ball and Jogging/bicycle paths. Convenient to NYC trains, bus, blue ribbon school district and close proximity to highways RT 287 & 78.

Last Agent to Sell the Property

VIJAYALAKHMI VENKATESH

WEICHERT REALTORS Listed on: 06/01/2021

Last Buyer's Agent

VIJAYALAKHMI VENKATESH

WEICHERT REALTORS Listed on: 06/01/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,010

Year Built

  • Built in 1986

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • 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

Home Security

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
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00046-0004-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

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,010

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
  • Renovated Year: 2021
  • Street Number Display: 429
  • Directions: Valley Rd to Society Hill entrance to Penns Way
  • I D: 5076409
  • Modified: 2022-07-16
  • Number Images: 24
  • Section Subdiv Development: Society Hill
  • First Name: VIJAYALAKHMI
  • First Name3: VIJAYALAKHMI
  • Last Name: VENKATESH
  • Last Name3: VENKATESH
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Renovated: 2021

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallShw
  • 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: 19x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 14x8
  • Other Room1 Level: First
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Powder Room, Sunroom
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Sidewalk, Storm Door(s), Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

  • Assessed Improvement Value: 205800
  • Assessed Land Value: 129000
  • Assessment: 334800
  • Easement: Unknown
  • Lot Identifier: 46.04
  • 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: 7010
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00046-0004-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 15, 2021
Sold by
Chinnaswamy Anbarasu and Sanraj Nalini
Bought by
Duraisamy Rajkumar and Rajkumar Thivya
Seller's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
Buyer's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Current Estimated Value
$540,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,660
Avg. Annual Appreciation
7.27%
Original Mortgage
$384,750
Outstanding Balance
$328,651
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$208,359

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jun 25, 2013
Sold by
Stroz Betzaida
Bought by
Chinnaswamy Anbarasu and Sanya Nalini
Seller's Agent
CHARLES J. HENDERSHOT
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$318,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1995
Sold by
Breheney Michael
Bought by
Stroz Betzaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.8%

Purchase Details

Closed on
Oct 26, 1993
Sold by
Gerber Richard
Bought by
Breheney Michael and Breheney Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.72%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $405,000 None Available
Bargain Sale Deed $335,000 Fidelity National Title Ins
Deed $163,500 --
Deed $158,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,750 New Conventional
Previous Owner $271,000 New Conventional
Previous Owner $318,250 New Conventional
Previous Owner $85,950 New Conventional
Previous Owner $113,000 No Value Available
Previous Owner $142,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $405,000 +1.3% --
06/04/2021 06/04/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $399,900 +19.4% --
06/27/2013 06/27/13 Sold $335,000 -- --
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 $7,764 $436,400 $129,000 $307,400
2023 $7,480 $396,600 $129,000 $267,600
2022 $7,465 $371,200 $129,000 $242,200
2021 $7,187 $341,000 $129,000 $212,000
2020 $7,011 $334,800 $129,000 $205,800
2019 $6,564 $322,700 $125,000 $197,700
2018 $6,470 $322,700 $125,000 $197,700
2017 $6,403 $321,900 $125,000 $196,900
2016 $6,259 $320,800 $125,000 $195,800
2015 $6,179 $322,500 $125,000 $197,500
2014 $6,237 $322,500 $125,000 $197,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3716522

Garden State MLS

APN: 02-09203-0000-00046-04-CONDO