NOT LISTED FOR SALE

450 Penns Way Basking Ridge, NJ 07920

Estimated Value: $507,000 - $567,931

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

Last Sold July 27, 2016

Last sale price $355,000

Est. 51% increase in value since last sale

Current estimated payment $3,764/month

13 Days on Market

Highlights

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

About This Home

As of July 2016

Spacious and bright, this end unit townhouse is move in ready. Large living room with fireplace, dining room, and updated eat-in kitchen with SS appliances. Laundry room and powder room complete the first floor. Two guest bedrooms, main bath, and a large en-suite master bedroom with walk-in closet are on the second floor. The kitchen walks out to a private patio which backs to a wooded area. Great for entertaining. Convenient to highways, this quiet community provides top schools, and low taxes.

Last Agent to Sell the Property

William Schmaling

RE/MAX SELECT Listed on: 05/28/2016

RE/MAX SELECT

Co-Listed By

Doris Schmaling

RE/MAX SELECT

Last Buyer's Agent

FAHAD HYDER

HIGHMARK REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • Privacy Fence
  • Wooded Lot

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Separate Shower

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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00045-0001-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area

Recreation

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

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,943

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Style: Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Renovated Year: 2013
  • Street Number Display: 450
  • Directions: Valley Rd to Society Hill entrance to right on Penns Way to #450 on left.
  • I D: 4630139
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Society Hill
  • First Name: WILLIAM
  • First Name2: DORIS
  • First Name3: FAHAD
  • Last Name: SCHMALING
  • Last Name2: SCHMALING
  • Last Name3: HYDER
  • Office Phone: 908 766-1200
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: 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
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x10
  • Kitchen Level: Ground
  • Living Room Dim: 20x13
  • Living Room Level: Ground
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Ground Level Rooms: Kitchen, Laundry Room, Foyer, Utility Room, Dining Room, Living Room, Walkout
  • Phone: 908-766-9300

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: 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

  • Amenities: Playground, 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

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: 37.2
  • Assessed Improvement Value: 185200
  • Assessed Land Value: 125000
  • Assessment: 310200
  • Easement: Unknown
  • Lot Description: Wooded Lot, Level Lot
  • Lot Identifier: 45.1
  • Lot I D Tax: *

Rental Info

  • Application Fee: 800
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5943
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00045-0001-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

Listed on
May 28, 2016
Closed on
Jul 7, 2016
Sold by
Sirenko Aderie and Sirenko Natalia
Bought by
Murad Mansoor
Seller's Agent
William Schmaling
RE/MAX SELECT
Buyer's Agent
FAHAD HYDER
HIGHMARK REAL ESTATE
List Price
$353,900
Sold Price
$355,000
Premium/Discount to List
$1,100
0.31%
Current Estimated Value
$537,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,483
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Feb 14, 2004
Sold by
Russo Tracy
Bought by
Sirenko Andrei and Choulga Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.65%
Source: Public Records

Range of Values:

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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
Murad Mansoor $355,000 Multiple
Sirenko Andrei $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sirenko Andrei $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $355,000 +0.3% --
06/10/2016 06/10/16 Pending -- -- --
05/28/2016 05/28/16 For Sale $353,900 -- --
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 $7,614 $476,400 $160,000 $316,400
2024 $7,614 $428,000 $129,000 $299,000
2023 $7,555 $400,600 $129,000 $271,600
2022 $7,658 $380,800 $129,000 $251,800
2021 $6,910 $341,400 $129,000 $212,400
2020 $7,115 $339,800 $129,000 $210,800
2019 $6,910 $339,700 $125,000 $214,700
2018 $6,811 $339,700 $125,000 $214,700
2017 $6,625 $333,100 $125,000 $208,100
2016 $6,434 $329,800 $125,000 $204,800
2015 $5,943 $310,200 $125,000 $185,200
2014 $5,698 $294,600 $125,000 $169,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3310425

Garden State MLS

APN: 02-09203-0000-00045-01-CONDO