NOT LISTED FOR SALE

150 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $385,000 - $398,000

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

Last Sold December 16, 2019

Last sale price $262,000

Est. 49% increase in value since last sale

Current estimated payment $2,855/month

8 Days on Market

Highlights

  • Private Pool
  • Deck
  • 1 Car Detached Garage
  • Cedar Hill Elementary School Rated A
  • Den
  • Breakfast Bar

About This Home

As of December 2019

This Chesterfield model, townhome is completely updated throughout, has an open floorplan, and is flooded with natural light. The spacious, master bedroom has a walk-in, custom closet with an ensuite bath. The storage area in the basement has plenty of additional storage. Updates include: All new kitchen appliances in the past 5 years, HVAC - 2018, Bathroom - 2018, Hot water heater 2019, and hardwood floors 2014! Easy access to routes 78, 287, 22, New York bus line and train. Community manager on site, beautifully maintained landscape, vast amenities and Top-rated Basking Ridge schools!

Last Agent to Sell the Property

MEGAN BONANNO

KL SOTHEBY'S INT'L. REALTY Listed on: 11/06/2019

Last Buyer's Agent

Lisa Kirkwood

BHHS FOX & ROACH

BHHS FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,623

Year Built

  • Built in 1987

Lot Details

  • 348

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • 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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00283-0000-CONDO

Community Details

Overview

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

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,623

Year Built

Built in 1987

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: 1987
  • County Name: Somerset
  • Directions: King George Road to Spring Valley to Left on Potomac
  • I D: 4935562
  • Section Subdiv Development: Spring Ridge
  • First Name: MEGAN
  • First Name3: LISA A
  • Last Name: BONANNO
  • Last Name3: KIRKWOOD
  • Office Phone3: 908-337-9577
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Bedrooms: 1
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 10x10
  • Kitchen Level: Second
  • Living Room Dim: 14x13
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Den, Living Room, Dining Room, Bath Main, Kitchen
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Tennis Courts, Deck, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: 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

  • Association Maintenance Fee: 326
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Schools

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

Lot Info

  • Lot I D Tax: *

Rental Info

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

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4623
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00283-0000-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 16, 2019
Sold by
Krieg Erin L and Savage Timothy J
Bought by
Cozzi Robert A
Seller's Agent
MEGAN BONANNO
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Lisa Kirkwood
BHHS FOX & ROACH
List Price
$247,900
Sold Price
$262,000
Premium/Discount to List
$14,100
5.69%
Current Estimated Value
$391,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,093
Avg. Annual Appreciation
6.78%
Original Mortgage
$152,000
Outstanding Balance
$134,010
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$257,083

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jun 5, 2014
Sold by
Fittin Christine R
Bought by
Krieg Erin L
Seller's Agent
ANNE FERRANTE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
CYNTHIA ANDREWS
KL SOTHEBY'S INT'L. REALTY
Sold Price
$219,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$197,325
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Fittin Christine R
Bought by
Fittin Christine R

Purchase Details

Closed on
Jan 17, 2001
Sold by
Finch Richard
Bought by
Fittin Christine

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
7.52%

Purchase Details

Closed on
Nov 15, 1995
Sold by
Blythe Judith
Bought by
Finch Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.53%

Purchase Details

Closed on
Mar 22, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Blythe Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cozzi Robert A $262,000 None Available
Krieg Erin L $219,250 Agent For Chicago Title Ins
Fittin Christine R -- --
Fittin Christine $163,000 --
Finch Richard $125,500 --
Blythe Judith $115,617 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cozzi Robert A $152,000
Previous Owner Krieg Erin L $197,325
Previous Owner Fittin Christine $97,000
Previous Owner Finch Richard $119,000
Previous Owner Blythe Judith $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2019 12/16/19 Sold $262,000 +5.7% --
11/14/2019 11/14/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $247,900 +13.1% --
06/05/2014 06/05/14 Sold $219,250 -- -- View Prior Sale
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 $5,433 $347,300 $140,000 $207,300
2024 $5,433 $305,400 $124,000 $181,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3599433

Garden State MLS

APN: 02-08701-0000-00283-0000-CONDO