$265,000
SOLD JAN 2, 2013

466 Penns Way Basking Ridge, NJ 07920

2 Beds
3 Baths
-- Sq Ft
784 Sq Ft Lot

Recently Sold

About This Home

As of December 2019

This home is located at 466 Penns Way, Basking Ridge, NJ 07920 and is currently priced at $265,000. This property was built in 1986. 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.

MARY JO HERR

PROMINENT PROPERTIES SIR Brokerage Phone: 908-766-9300 Listed on: 01/02/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,586

Year Built

  • 1986

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,586

Year Built

1986

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 466
  • I D: 4262538
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-766-9300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1986

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

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%
Total Days on Market
0
Current Estimated Value
$509,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,039
Avg. Annual Appreciation
5.99%
Original Mortgage
$260,000
Outstanding Balance
$233,255
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$262,589

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:

Collateral Analytics

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Average Value
Not Available
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
Bargain Sale Deed $360,000 Cortes & Hay Title Agcy Inc
Deed $350,000 Associated Title Agency
Deed $265,000 First American Title Ins Co
Deed $142,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $212,000 VA
Previous Owner $58,300 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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 -- --
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 $7,586 $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

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Map

Source: Garden State MLS

MLS Number: 2968366

Garden State MLS

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