NOT LISTED FOR SALE

137 Potomac Dr Unit 1 Basking Ridge, NJ 07920

Estimated Value: $347,000 - $374,000

1 Bed
1 Bath
-- Sq Ft
$326/mo HOA Fee

Last Sold July 03, 2019

Last sale price $225,000

Est. 61% increase in value since last sale

Current estimated payment $2,676/month

54 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Cedar Hill Elementary School Rated A
  • Deck
  • Jogging Path

About This Home

As of July 2019

$500 annual sewer fee. DESIRABLE open-concept 1st floor end-unit Baxter Model. Lovely entry foyer w/closet. Eat-in kitchen w/access to private deck open to landscaped area. Bright, spacious rooms. Laundry area has full-size washer and dryer. Basement storage with large cedar closet. Spring Ridge boasts walking paths, pool, tennis courts and playground. Close to major highways, train and bus to NY, shopping and restaurants. Top ranked schools. DON'T MISS THIS OPPORTUNITY!

Last Agent to Sell the Property

BARBARA DONZEISER

KL SOTHEBY'S INT'L. REALTY Listed on: 04/17/2019

Last Buyer's Agent

BELLA WANG SINGLETERRY

ELITE REALTORS OF NEW JERSEY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,947

Lot Details

  • 479

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Additional Parking
  • Assigned Parking

Home Design

  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family or Dining Combination
  • Utility Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Cedar Hill 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 2702-08701-0000-00056-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,947

Lot Details

0

HOA Fees

$326 per month

Parking

1

Listing Details

  • Style: One Floor Unit, Townhouse-End Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Living Room wall shelves. Green cabinet above kitchen eating area.
  • Street Number Display: 137
  • Directions: King George Rd. to Spring Ridge entrance(Spring Valley Blvd.) Turn Left onto Potomac Drive. Madison Village is third right turn off Potomac.
  • I D: 4883363
  • Modified: 2021-09-23
  • Number Images: 15
  • Section Subdiv Development: Spring Ridge
  • First Name: BARBARA
  • First Name3: BELLA WANG
  • Last Name: DONZEISER
  • Last Name3: SINGLETERRY
  • Office Phone3: 973-994-9009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Floor Number: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 23x12
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 10x5
  • Level 1 Rooms: 1 Bedroom, Laundry Room, Utility Room, Foyer, LivDinRm, Bath Main, Kitchen
  • Phone: 908-696-8600

Exterior Features

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

Garage/Parking

  • Garage Description: Assigned, Garage Door Opener
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 326
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area, Water Fees

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 73900
  • Assessed Land Value: 123000
  • Assessment: 196900
  • Easement: Unknown
  • Lot Identifier: 56
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: condominium

Rental Info

  • Application Fee: 978
  • Pets Allowed: CatsOK, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3947
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00056-0000-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Montanye Charles G
Bought by
Tsao Irene
Current Estimated Value
$363,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,250
Outstanding Balance
$241,023
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$122,116

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jul 3, 2019
Sold by
Little Karen A
Bought by
Welsh Sharon E
Seller's Agent
BARBARA DONZEISER
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
BELLA WANG SINGLETERRY
ELITE REALTORS OF NEW JERSEY
List Price
$231,500
Sold Price
$225,000
Premium/Discount to List
-$6,500
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Nov 11, 2008
Sold by
Lechner David P
Bought by
Little Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Internicola Phyllis
Bought by
Lechner David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,555
Interest Rate
6.29%

Purchase Details

Closed on
Jun 24, 1994
Sold by
Hovnanian K
Bought by
Internicola Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.74%
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
Tsao Irene $327,000 Acres Land Title
Tsao Irene $327,000 Acres Land Title
Welsh Sharon E $225,000 None Available
Little Karen $239,000 Fidelity Natl Title Ins Co
Lechner David P $226,900 --
Internicola Phyllis $105,028 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsao Irene $245,250
Closed Tsao Irene $245,250
Previous Owner Little Karen $191,200
Previous Owner Lechner David P $214,555
Previous Owner Internicola Phyllis $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $225,000 -2.8% --
06/10/2019 06/10/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $231,500 -- --
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 $5,003 $306,600 $140,000 $166,600
2024 $5,003 $281,200 $124,000 $157,200
2023 $4,660 $247,100 $124,000 $123,100
2022 $4,553 $226,400 $120,000 $106,400
2021 $4,493 $213,100 $120,000 $93,100
2020 $4,276 $204,200 $115,000 $89,200
2019 $4,046 $198,900 $125,000 $73,900
2018 $3,948 $196,900 $123,000 $73,900
2017 $3,934 $197,800 $123,000 $74,800
2016 $3,916 $200,700 $123,000 $77,700
2015 $3,803 $198,500 $120,000 $78,500
2014 $3,874 $200,300 $120,000 $80,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3548769

Garden State MLS

APN: 02-08701-0000-00056-0000-CONDO