$215,000
SOLD JAN 10, 2017

13 Potomac Dr Unit 1 Basking Ridge, NJ 07920

1 Bed
1 Bath
750 Sq Ft
$313/mo HOA Fee

Recently Sold

$287 Per Sq Ft

4% Below List Price

146 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • 1 Car Detached Garage
  • Cedar Hill Elementary School Rated A
  • Community Pool
  • Eat-In Kitchen

About This Home

As of January 2021

WELL MAINTAINED 1ST FL CONDO WITH DUAL ENTRY BATH, HIGH END WASHER DRYER, UPDATED WATER HEATER AND GLEAMING CHERRY HARDWOOD FLOORS AND SPRINKLER SYSTEM. 1 CAR GARAGE AND BASEMENT STORAGE. FEATURES INCLUDE ON SITE PROPERTY MANAGER, CLUBHOUSE, NEW TENNIS COURTS & INGROUND POOL. AWARD WINNING SCHOOL DISTRICT. LOCATED NEAR NYC TRANSPORTATION. HOT WATER HEATER AND AC UNIT REPLACED APRIL 2013.

Last Agent to Sell the Property

Rocco Sgro

RE/MAX FIRST REALTY

RE/MAX FIRST REALTY

Last Buyer's Agent

Cathy Splinter

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,701

Year Built

  • Built in 1994

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00392-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area
  • $939 Other One-Time Fees

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,701

Year Built

Built in 1994

Lot Details

0

HOA Fees

$313 per month

Parking

1

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 13
  • Directions: 78 TO NORTH ON KING GEORGE LEFT ON SPRING VALLEY BLVD LEFT ON POTOMAC
  • I D: 4644319
  • Modified: 2021-09-23
  • Number Images: 15
  • First Name: ROCCO
  • First Name3: CATHY
  • Last Name: SGRO
  • Last Name3: SPLINTER
  • Office Phone: 732-257-9636
  • Office Phone3: 908-233-5508
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher, Stackable Washer/Dryer
  • Number Rooms: 4
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Ground Level Rooms: 1 Bedroom, Kitchen, Living Room, Bath Main
  • Phone: 732-257-3500

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Storage
  • Association Maintenance Fee: 313
  • 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: 939

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 71000
  • Assessed Land Value: 123000
  • Assessment: 194000
  • Lot Identifier: 392
  • Lot I D Tax: *
  • Lot Size Tax: *

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: 3701
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00392-0000-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jan 28, 2021
Sold by
Hertenstein Henry L
Bought by
13 Potomac Drive Llc
Seller's Agent
Cathy Splinter
COLDWELL BANKER REALTY
Buyer's Agent
Donald Philhower
COLDWELL BANKER REALTY
List Price
$229,000
Sold Price
$240,000
Premium/Discount to List
$11,000
4.8%
Total Days on Market
146
Current Estimated Value
$339,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,184
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Jul 21, 2016
Closed on
Jan 10, 2017
Sold by
Brown Sheryl J
Bought by
Hertenstein Henry L
Seller's Agent
Rocco Sgro
RE/MAX FIRST REALTY
Buyer's Agent
Cathy Splinter
COLDWELL BANKER REALTY
List Price
$224,500
Sold Price
$215,000
Premium/Discount to List
-$9,500
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Jul 25, 2009
Sold by
Singh Vijai A and Shah Palak
Bought by
Brown Sheryl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Masterson Keith
Bought by
Singh Vijai A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%

Purchase Details

Closed on
Apr 25, 2000
Sold by
Newman Donna
Bought by
Masterson Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
8.21%

Purchase Details

Closed on
Feb 28, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Newman Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.27%
Mortgage Type
FHA

Map

Range of Values:

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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
Deed $240,000 None Listed On Document
Deed $215,000 None Available
Bargain Sale Deed $215,000 Stewart Title Guaranty Co
Deed $250,000 --
Deed $142,500 --
Deed $102,817 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,000 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $128,250 No Value Available
Previous Owner $97,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $240,000 +4.8% $320 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $229,000 +6.5% $305 / Sq Ft
01/10/2017 01/10/17 Sold $215,000 -4.2% $287 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $224,500 -- $299 / 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
2024 $4,841 $272,100 $124,000 $148,100
2023 $4,481 $237,600 $124,000 $113,600
2022 $4,396 $218,600 $120,000 $98,600
2021 $4,275 $222,200 $120,000 $102,200
2020 $4,301 $205,400 $115,000 $90,400
2019 $4,151 $204,100 $125,000 $79,100
2018 $4,024 $200,700 $123,000 $77,700
2017 $3,898 $196,000 $123,000 $73,000
2016 $3,785 $194,000 $123,000 $71,000
2015 $3,702 $193,200 $120,000 $73,200
2014 $3,736 $193,200 $120,000 $73,200
Source: Public Records

Source: Garden State MLS

MLS Number: 3324286

Garden State MLS

APN: 02-08701-0000-00392-0000-CONDO