NOT LISTED FOR SALE

466 Penns Way Basking Ridge, NJ 07920

Estimated Value: $491,761 - $534,000

2 Beds
2.5 Baths
-- Sq Ft
$290/mo HOA Fee

Last Sold December 02, 2019

Last sale price $360,000

Est. 40% increase in value since last sale

Current estimated payment $3,611/month

17 Days on Market

Highlights

  • Private Pool
  • Formal Dining Room
  • Patio
  • Liberty Corner Elementary School Rated A
  • Eat-In Kitchen
  • Entrance Foyer

About This Home

As of December 2019

Stunning End Unit! Updated at every turn makes this unit truly turn key! Updated kitchen includes newer light cabinetry, flooring,countertops & back splash. 3 Updated baths include: new master bath, updated powder room and 2nd full bath having just received new vanity, flooring, toilet & neutral paint. Worry free systems: Furnace, AC & HWH 2015! Newer replacement windows including rear slider. All popcorn ceilings have been replaced! Easy maintenance laminate flooring throughout. New full glass storm door on order. Private rear, level yard facing woods! Premium development in Basking Ridge Society Hill community and award winning Ridge High School. Minutes to Rts. 78 & 287 make commuting a breeze!

Last Agent to Sell the Property

CATHERINE FRATES

BHHS FOX & ROACH Listed on: 10/12/2019

Last Buyer's Agent

LISA VANHARA

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1987

Lot Details

  • Open Lot

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Home Security

Parking

  • Parking Lot
  • 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 2702-09203-0000-00047-0001-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Community Pool
  • Tennis Courts

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,682

Year Built

Built in 1987

Lot Details

0

HOA Fees

$290 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: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 466
  • Directions: Rt 78 to Exit 36, King George Rd. Left onto Valley Rd. to Spring Valley Blvd. First right onto Penns Way.
  • I D: 4936647
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: CATHERINE
  • First Name3: LISA
  • Last Name: FRATES
  • Last Name3: VANHARA
  • Office Phone: 908-580-5000
  • Office Phone3: 908-766-0085
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x11
  • Kitchen Level: First
  • Living Room Dim: 14x14
  • Living Room Level: First
  • Level 1 Rooms: Foyer, Living Room, Dining Room, Storage Room, Powder Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Curbs, Tennis Courts, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared, Assigned

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 290
  • 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

  • Assessed Improvement Value: 165900
  • Assessed Land Value: 125000
  • Assessment: 290900
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 47.1
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 870
  • Pets Allowed: NumLimit

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5682
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00047-0001-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Nov 18, 2019
Sold by
Phipps Lori B
Bought by
Morana Marianne
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
LISA VANHARA
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%
Current Estimated Value
$505,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,190
Avg. Annual Appreciation
5.99%
Original Mortgage
$260,000
Outstanding Balance
$229,412
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$275,778

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 6, 2019
Sold by
Benson Marlyse
Bought by
Phipps Lori B
Seller's Agent
MARY JO HERR
PROMINENT PROPERTIES SIR
Buyer's Agent
CATHERINE FRATES
BHHS FOX & ROACH
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$100,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2013
Closed on
Jan 2, 2013
Sold by
Compagnino Paul
Bought by
Benson Marlyse
Buyer's Agent
MARY JO HERR
PROMINENT PROPERTIES SIR
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$212,000
Interest Rate
3.36%
Mortgage Type
VA

Purchase Details

Closed on
Oct 15, 1998
Sold by
Evers Edward
Bought by
Hildebrandt Constance
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
Morana Marianne $360,000 Cortes & Hay Title Agcy Inc
Phipps Lori B $350,000 Associated Title Agency
Benson Marlyse $265,000 First American Title Ins Co
Hildebrandt Constance $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morana Marianne $260,000
Previous Owner Phipps Lori B $100,000
Previous Owner Benson Marlyse $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2019 12/02/19 Sold $360,000 +1.4% --
10/29/2019 10/29/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $355,000 +1.4% --
06/21/2019 06/21/19 Sold $350,000 0.0% -- View Prior Sale
05/09/2019 05/09/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $350,000 +32.1% --
01/02/2013 01/02/13 Sold $265,000 -- -- 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 $7,586 $478,100 $160,000 $318,100
2024 $7,586 $426,400 $129,000 $297,400
2023 $7,286 $386,300 $129,000 $257,300
2022 $7,402 $368,100 $129,000 $239,100
2021 $7,005 $332,000 $129,000 $203,000
2020 $6,772 $323,400 $129,000 $194,400
2019 $5,917 $290,900 $125,000 $165,900
2018 $5,682 $283,400 $125,000 $158,400
2017 $5,525 $277,800 $125,000 $152,800
2016 $5,385 $276,000 $125,000 $151,000
2015 $5,146 $268,600 $125,000 $143,600
2014 $5,086 $263,000 $125,000 $138,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MARY JO HERR

    PROMINENT PROPERTIES SIR

  • C

    Seller's Agent in 2019

    CATHERINE FRATES

    BHHS FOX & ROACH

  • L

    Buyer's Agent in 2019

    LISA VANHARA

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3594341

Garden State MLS

APN: 02-09203-0000-00047-01-CONDO

New Jersey Somerset County Basking Ridge 07920

466 Penns Way, Basking Ridge, NJ

This home is located at 466 Penns Way, Basking Ridge, NJ 07920 since 12 October 2019 and is currently estimated at $505,190. This property was built in 1987. 466 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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