121 Potomac Dr Basking Ridge, NJ 07920
Estimated Value: $325,000 - $371,000
--
Bed
--
Bath
850
Sq Ft
$411/Sq Ft
Est. Value
About This Home
This home is located at 121 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $349,744, approximately $411 per square foot. 121 Potomac Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 1996
Sold by
Duncan Allyson
Bought by
Soong Sharon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.18%
Purchase Details
Closed on
Feb 17, 1994
Sold by
Hovnanian K
Bought by
Duncan Allyson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.9%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Soong Sharon | $115,000 | -- | |
Duncan Allyson | $104,131 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Soong Sharon | $150,000 | |
Closed | Soong Sharon | $164,000 | |
Previous Owner | Soong Sharon | $92,000 | |
Previous Owner | Duncan Allyson | $80,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,883 | $274,500 | $124,000 | $150,500 |
2023 | $4,670 | $247,600 | $124,000 | $123,600 |
2022 | $4,561 | $226,800 | $120,000 | $106,800 |
2021 | $4,160 | $218,000 | $120,000 | $98,000 |
2020 | $4,379 | $209,100 | $115,000 | $94,100 |
2019 | $4,160 | $204,500 | $125,000 | $79,500 |
2018 | $4,060 | $202,500 | $123,000 | $79,500 |
2017 | $4,032 | $202,700 | $123,000 | $79,700 |
2016 | $3,810 | $195,300 | $123,000 | $72,300 |
2015 | $3,700 | $193,100 | $120,000 | $73,100 |
2014 | $3,766 | $194,700 | $120,000 | $74,700 |
Source: Public Records
Map
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