NOT LISTED FOR SALE

470 Penns Way Basking Ridge, NJ 07920

Estimated Value: $520,000 - $584,409

3 Beds
2.5 Baths
-- Sq Ft
$300/mo HOA Fee

Last Sold April 09, 2021

Last sale price $410,000

Est. 32% increase in value since last sale

Current estimated payment $3,846/month

13 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Sun or Florida Room
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of April 2021

Lovely Townhouse in Society Hill with 3 bedroom, 2.1 baths. Freshly painted. Kitchen with Stainless steel appliances and tile backsplash. Hardwood floors throughout. Nice level backyard.

Last Agent to Sell the Property

Siu Wong

KL SOTHEBY'S INT'L. REALTY Listed on: 02/18/2021

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

BEIRONG FU

REALMART REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1986

Lot Details

  • 958

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00047-0005-CONDO
  • Tax Block *

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors

Additional Features

  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,167

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 470
  • Directions: Spring Valley Blvd to Society Hill entrance, to 5th right on Penns Way.
  • I D: 5042034
  • Modified: 2022-04-10
  • Number Images: 19
  • Section Subdiv Development: Society Hill
  • First Name: SIU Y.
  • First Name3: BEIRONG
  • Last Name: WONG
  • Last Name3: FU
  • Office Phone: 908-754-1500
  • Office Phone3: 518-596-0111
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x10
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 17x8
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Powder Room, Sunroom, Utility Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Phone: 908-754-1500

Exterior Features

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

Garage/Parking

  • Parking Driveway Description: Additional Parking, Assigned, Blacktop

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: Club House, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly

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
  • Assessed Improvement Value: 221100
  • Assessed Land Value: 129000
  • Assessment: 350100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 47.05
  • Lot I D Tax: *
  • Zoning: RES

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: 7167
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00047-0005-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 7, 2021
Sold by
Chiu Linda H and Chiu Cullen
Bought by
Azadegan Arash
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
BEIRONG FU
REALMART REALTY
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Current Estimated Value
$541,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,602
Avg. Annual Appreciation
6.40%
Original Mortgage
$307,500
Outstanding Balance
$230,380
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$311,222

Purchase Details

Listed on
Dec 11, 2013
Closed on
Nov 27, 2013
Sold by
Millar William J and Millar Margaret L
Bought by
Wang Linda
Buyer's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Sold Price
$353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$282,400
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Zicker Christopher G
Bought by
Millar William J and Millar Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 1997
Sold by
Clarke Joseph
Bought by
Zicker Christopher and Burns Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.78%
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
Azadegan Arash $410,000 None Available
Wang Linda $353,000 Agent For First American Tit
Millar William J $390,000 --
Millar William J $390,000 None Available
Zicker Christopher $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azadegan Arash $307,500
Previous Owner Wang Linda $282,400
Previous Owner Millar William J $175,000
Previous Owner Zicker Christopher $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2021 04/09/21 Sold $410,000 +2.8% --
03/03/2021 03/03/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $399,000 +13.0% --
12/11/2013 12/11/13 Sold $353,000 -- -- 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 $7,952 $496,400 $160,000 $336,400
2024 $7,952 $447,000 $129,000 $318,000
2023 $7,789 $413,000 $129,000 $284,000
2022 $7,781 $386,900 $129,000 $257,900
2021 $7,638 $362,000 $129,000 $233,000
2020 $7,331 $350,100 $129,000 $221,100
2019 $7,168 $352,400 $125,000 $227,400
2018 $7,066 $352,400 $125,000 $227,400
2017 $6,856 $344,700 $125,000 $219,700
2016 $6,692 $343,000 $125,000 $218,000
2015 $6,593 $344,100 $125,000 $219,100
2014 $6,634 $343,000 $125,000 $218,000
Source: Public Records

Agents Affiliated with this Home

  • Siu Wong

    Seller's Agent in 2021

    Siu Wong

    KL SOTHEBY'S INT'L. REALTY

    (908) 581-9593

    27 in this area

    254 Total Sales

    Siu Wong
    Section Image

  • B

    Buyer's Agent in 2021

    BEIRONG FU

    REALMART REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3692800

Garden State MLS

APN: 02-09203-0000-00047-05-CONDO

New Jersey Somerset County Basking Ridge 07920

470 Penns Way, Basking Ridge, NJ

This home is located at 470 Penns Way, Basking Ridge, NJ 07920 since 18 February 2021 and is currently estimated at $541,602. This property was built in 1986. 470 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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