$312,000
SOLD APR 2, 2018

449 Penns Way Unit 36H Basking Ridge, NJ 07920

2 Beds
2.5 Baths
-- Sq Ft
$24/mo HOA Fee

Recently Sold

10% Below List Price

153 Days on Market

Highlights

  • Formal Dining Room
  • Eat-In Kitchen
  • Laundry Room
  • Liberty Corner Elementary School Rated A
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Bright & Airy 2 BR 2.1 bath End-Unit Town house located in a beautiful area in Basking Ridge. The townhouse features an updated baths,kitchen, new a/c unit & water heater. Beautiful & tranquil pond view across the street.Close to highways & shopping. Must see to appreciate

Last Agent to Sell the Property

Siu Wong

KL SOTHEBY'S INT'L. REALTY Listed on: 09/23/2017

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

Thomas Feury

REALTY EXECUTIVES EXCEPTIONAL

REALTY EXECUTIVES EXCEPTIONAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,443

Year Built

  • Built in 1986

HOA Fees

  • $24 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Additional Parking
  • Assigned Parking

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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00048-0008-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,443

Year Built

Built in 1986

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • County Name: Somerset
  • Street Number Display: 449
  • Directions: Valley Rd to Spring Valley Blvd to Penns Way #449
  • I D: 4748742
  • Modified: 2021-09-23
  • Number Images: 1
  • Section Subdiv Development: Society Hill
  • First Name: SIU Y.
  • First Name3: THOMAS
  • Last Name: WONG
  • Last Name3: FEURY
  • Office Phone: 908-754-1500
  • Office Phone3: 291711
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Washer, Dishwasher, Dryer
  • Interior Amenities: Walk-In Closet, Fire Alarm Sys, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 18x13
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Powder Room, Kitchen
  • Level 2 Rooms: Laundry Room, 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Additional Parking, Assigned, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 288
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

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: 161000
  • Assessed Land Value: 125000
  • Assessment: 286000
  • Lot Identifier: 48.8
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 738
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5443
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00048-0008-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2017
Closed on
Apr 2, 2018
Sold by
Gong Xingfei and Ma Shushu
Bought by
Murphy Kenneth C and Malley Jacquelyn M O
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Thomas Feury
REALTY EXECUTIVES EXCEPTIONAL
List Price
$345,000
Sold Price
$312,000
Premium/Discount to List
-$33,000
-9.57%
Current Estimated Value
$515,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,335
Avg. Annual Appreciation
6.91%
Original Mortgage
$292,000
Outstanding Balance
$250,881
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$264,454

Purchase Details

Listed on
Oct 10, 2014
Closed on
Oct 1, 2014
Sold by
Ryan Glenn R
Bought by
Gong Xingfei and Ma Shushu
Seller's Agent
ROSEANN SERINA
BHHS FOX & ROACH
Buyer's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Apr 20, 2007
Sold by
Field Kevin and Field Jennifer
Bought by
Ryan Glenn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2001
Sold by
Field Mary
Bought by
Field Kevin and Field Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.64%
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 Type Sale Price Title Company
Deed $312,000 Acres Land Title Agency Llc
Guardian Deed $299,900 Westcor Land Title Ins Co
Bargain Sale Deed $335,000 Mid State Abstract Company
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,000 New Conventional
Previous Owner $85,000 Purchase Money Mortgage
Previous Owner $118,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $450,000 +7.1% -- View Prior Sale
05/25/2023 05/25/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $420,000 +34.6% --
04/02/2018 04/02/18 Sold $312,000 -9.6% --
02/23/2018 02/23/18 Pending -- -- --
09/23/2017 09/23/17 For Sale $345,000 +15.0% --
10/10/2014 10/10/14 Sold $299,900 -- -- View Prior Sale
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 $7,680 $480,400 $160,000 $320,400
2024 $7,680 $431,700 $129,000 $302,700
2023 $6,967 $369,400 $129,000 $240,400
2022 $7,043 $350,200 $129,000 $221,200
2021 $6,659 $315,600 $129,000 $186,600
2020 $6,341 $302,800 $129,000 $173,800
2019 $6,106 $300,200 $125,000 $175,200
2018 $5,963 $297,400 $125,000 $172,400
2017 $5,689 $286,000 $125,000 $161,000
2016 $5,443 $279,000 $125,000 $154,000
2015 $5,183 $270,500 $125,000 $145,500
2014 $5,197 $268,700 $125,000 $143,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3420152

Garden State MLS

APN: 02-09203-0000-00048-08-CONDO