NOT LISTED FOR SALE

136 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $479,000 - $502,000

2 Beds
2 Baths
1,200 Sq Ft
$412/Sq Ft Est. Value

Last Sold January 02, 2025

Last sale price $480,000 $400 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,088/month

19 Days on Market

About This Home

As of January 2025

This home is located at 136 Potomac Dr, Basking Ridge, NJ 07920 since 28 October 2024 and is currently estimated at $493,885, approximately $411 per square foot. This property was built in 1993. 136 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.

Last Agent to Sell the Property

JEAN E JENKINS

WEICHERT REALTORS Brokerage Phone: 908-766-7447 Listed on: 10/28/2024

Last Buyer's Agent

Kayla Yalango

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 392

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Somerset
  • I D: 5321285
  • Attribution Contact: 908-766-7447
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 6, 2024
Sold by
Semrau Christa E
Bought by
Thangavel Rajaram and Palanisamy Divya
Seller's Agent
JEAN E JENKINS
WEICHERT REALTORS
Buyer's Agent
Kayla Yalango
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
42
Current Estimated Value
$493,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,885
Avg. Annual Appreciation
2.89%
Original Mortgage
$329,000
Outstanding Balance
$326,408
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$167,477

Purchase Details

Closed on
Aug 26, 2011
Sold by
Magee Peter J
Bought by
Semrau Christa E

Purchase Details

Closed on
Aug 2, 2010
Sold by
Magee Peter J
Bought by
Magee Peter J

Purchase Details

Closed on
Aug 13, 1999
Sold by
Smolenski Anna
Bought by
Magee Peter and Magee Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.6%

Purchase Details

Closed on
Feb 22, 1994
Sold by
Hovnanian K
Bought by
Smolenski Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Thangavel Rajaram $480,000 All Jersey Title
Semrau Christa E $275,000 None Available
Magee Peter J -- None Available
Magee Peter $160,000 --
Smolenski Ann $127,055 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thangavel Rajaram $329,000
Previous Owner Magee Peter $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2025 01/02/25 Sold $480,000 +1.1% $400 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $475,000 -- $396 / Sq Ft
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 $6,091 $413,500 $140,000 $273,500
2024 $6,091 $342,400 $124,000 $218,400
2023 $6,071 $321,900 $124,000 $197,900
2022 $5,886 $292,700 $120,000 $172,700
2021 $5,292 $275,200 $120,000 $155,200
2020 $5,654 $270,000 $115,000 $155,000
2019 $5,417 $266,300 $125,000 $141,300
2018 $5,187 $258,700 $123,000 $135,700
2017 $5,195 $261,200 $123,000 $138,200
2016 $5,119 $262,400 $123,000 $139,400
2015 $5,089 $265,600 $120,000 $145,600
2014 $5,079 $262,600 $120,000 $142,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3931503

Garden State MLS

APN: 02-08701-0000-00053-0000-CONDO