NOT LISTED FOR SALE

432 Penns Way Basking Ridge, NJ 07920

Estimated Value: $508,000 - $548,000

3 Beds
2.5 Baths
1,320 Sq Ft
$398/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $350,000 $265 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,829/month

92 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Jogging Path

About This Home

As of March 2016

Model 350 townhouse (Bernards II). Remodeled kitchen with Zodiaq Quartz stone counters / maple veneer raised-panel cabinetry/ additional drawers /appliances 2006 (Disposal 2012). Furnace & Air Cond 2008.Oak Hardwood Flooring / both levels 2014. Oak stairs / bannister 2014. Six-panel solid-core interior doors with Baldwin hardware 2014. Interior painted 2014. Windows / sliding door / storm door 2006. Porcelain tile floor / kitchen/ entryway / coat closet & half-bath. Custom Hunter wood blinds on all windows 2006. Stairway ceiling fan 2006. Assigned Parking Spot # 34-G . Guest Parking. Walk-in closet / Master Bedroom. Master Bath with Stall Shower. Oversized patio 24' x 11' with two storage closets. On-site property manager, playground, inground pool, tennis court, clubhouse.

Last Listed By

HEATHER ODONNELL

WEICHERT REALTORS Listed on: 10/15/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,716

Year Built

  • Built in 1987

Lot Details

  • Privacy Fence

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Wood Flooring

Kitchen

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

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
  • 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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00046-0007-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, maintenance-common area
  • $35 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,716

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 to be removed / electric to be capped.
  • Street Number Display: 432
  • Directions: Valley Rd to Society Hill entrance (Spring Valley Blvd) to 5th right at Penns to # 432 on right.
  • I D: 4575562
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: SOCIETY HILL
  • First Name: HEATHER
  • First Name3: VIJAYALAKHMI
  • Last Name: ODONNELL
  • Last Name3: VENKATESH
  • Office Phone: 908-212-6015
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Ceramic Tile, Tile, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Dryer, Microwave Oven
  • Interior Amenities: Fire Extinguisher, Smoke Detector, Window Treatments, Security System, Carbon Monoxide Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • 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
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Dim: 8x6
  • Other Room1 Level: Second
  • Other Room 2: Bathroom
  • Other Room2 Dim: 8x6
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Dim: 6x3
  • Other Room3 Level: First
  • Level 1 Rooms: Living Room, Kitchen, Utility Room, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 1320
  • Phone: 908-781-1000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Thermal Windows/Doors, Patio, Storm Door(s), Privacy Fence
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 420

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: 186300
  • Assessed Land Value: 125000
  • Assessment: 311300
  • Lot Description: Level Lot
  • Lot Identifier: 46.7
  • Lot I D Tax: *
  • Zoning: CONDOMINIUM

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: 5716
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00046-0007-CONDO
  • Tax Rate Amount: 1.934
  • 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
Oct 15, 2015
Closed on
Mar 9, 2016
Sold by
Reycroft Steven A
Bought by
Jangam Deenaraj Joshi
Seller's Agent
HEATHER ODONNELL
WEICHERT REALTORS
Buyer's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Total Days on Market
92
Current Estimated Value
$525,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,664
Avg. Annual Appreciation
4.60%
Original Mortgage
$280,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 1997
Sold by
Semon Alma
Bought by
Reycroft Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.41%

Purchase Details

Closed on
May 31, 1995
Sold by
Ferrara Robert
Bought by
Semon Alma and Janowski Deborah

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
Jangam Deenaraj Joshi $350,000 None Available
Reycroft Steven $150,000 --
Semon Alma $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jangam Deenaraj Joshi $222,000
Closed Jangam Deenaraj Joshi $280,000
Previous Owner Reycroft Steven $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $350,000 -2.5% $265 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $359,000 -- $272 / 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 $7,422 $417,200 $129,000 $288,200
2023 $7,370 $390,800 $129,000 $261,800
2022 $7,475 $371,700 $129,000 $242,700
2021 $7,039 $333,600 $129,000 $204,600
2020 $6,986 $333,600 $129,000 $204,600
2019 $6,753 $332,000 $125,000 $207,000
2018 $6,657 $332,000 $125,000 $207,000
2017 $6,546 $329,100 $125,000 $204,100
2016 $6,331 $324,500 $125,000 $199,500
2015 $5,965 $311,300 $125,000 $186,300
2014 $5,717 $295,600 $125,000 $170,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3260359

Garden State MLS

APN: 02-09203-0000-00046-07-CONDO