NOT LISTED FOR SALE

122 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $374,741 - $417,000

1 Bed
1 Bath
950 Sq Ft
$316/ mo HOA Fee

Last Sold April 27, 2017

Last sale price $260,200 $274 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,821/month

49 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Tennis Courts
  • Cedar Hill Elementary School Rated A
  • Community Pool
  • Den

About This Home

As of April 2017

Gorgeous Second Floor, One level, 1 Bedroom unit loaded with upgrades! Rarely found Chesterfield Model! Slate tile foyer. Gleaming Hardwood floors throughout entire unit! Open floor plan consisting of living room with corner fireplace & cozy den. Spectacular updated kitchen with custom granite counter tops & designer backsplash. All newer Viking stainless steel appliances. Lower cabinet drawers converted to pull out pantry style shelving! Custom barn door closet enclosing washer, dryer. Updated DR, kitchen island and den lighting. Slider from living room to private deck. Generous sized master bedroom with walk in closet and large dual entrance bath. One car garage and large private basement storage just steps away. Spring Ridge boasts pool, clubhouse, playground,tennis courts and walking trails.

Last Agent to Sell the Property

CATHERINE FRATES

BHHS FOX & ROACH Listed on: 03/06/2017

Last Buyer's Agent

SUSAN FELTER

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,479

Year Built

  • Built in 1993

Lot Details

  • 479

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Storage Room
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00039-0000-CONDO

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,479

Year Built

Built in 1993

Lot Details

479 Sq Ft Lot

HOA Fees

$316 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, One Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Viking Range, Chandelier in Master Bedroom, Washer/Dryer
  • Directions: Rt. 78, exit 36,King George Rd. to Spring Valley Blvd. to left onto Potomac. Madison Village
  • I D: 4693070
  • First Name: CATHERINE
  • First Name3: SUSAN
  • Last Name: FRATES
  • Last Name3: FELTER
  • Office Phone: 908-580-5000
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2016

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Bedrooms: 1
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 11x10
  • Kitchen Level: Second
  • Living Room Dim: 19x16
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Kitchen, Den, Bath Main, LivDinRm
  • Estimated Sq Ft: 950
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Parking Lot-Shared

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 316
  • 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

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 950
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4479
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00039-0000-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jun 16, 2017
Sold by
Bruno Graziella G and Bruno Antonino F
Bought by
Noella Llc
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
SUSAN FELTER
COLDWELL BANKER REALTY
List Price
$249,990
Sold Price
$260,200
Premium/Discount to List
$10,210
4.08%
Current Estimated Value
$391,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,235
Avg. Annual Appreciation
4.70%

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 3, 2017
Sold by
Collins Dorothy M
Bought by
Bruno Graziella G
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
SUSAN FELTER
COLDWELL BANKER REALTY
List Price
$249,990
Sold Price
$260,200
Premium/Discount to List
$10,210
4.08%

Purchase Details

Closed on
Feb 14, 1994
Sold by
Hovnanian K
Bought by
Collins Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noella Llc -- None Available
Bruno Graziella G $260,200 None Available
Collins Dorothy $113,949 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Dorothy $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $260,200 +4.1% $274 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $249,990 -- $263 / Sq Ft
Source: Garden State MLS

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 $5,355 $342,300 $140,000 $202,300
2024 $5,355 $301,000 $124,000 $177,000
2023 $5,356 $284,000 $124,000 $160,000
2022 $5,229 $260,000 $120,000 $140,000
2021 $5,428 $257,700 $120,000 $137,700
2020 $5,132 $245,100 $115,000 $130,100
2019 $5,026 $247,100 $125,000 $122,100
2018 $4,914 $245,100 $123,000 $122,100
2017 $4,507 $226,600 $123,000 $103,600
2016 $4,480 $229,600 $123,000 $106,600
2015 $4,365 $227,800 $120,000 $107,800
2014 $4,129 $213,500 $120,000 $93,500
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3369134

Garden State MLS

APN: 02-08701-0000-00039-0000-CONDO

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