NOT LISTED FOR SALE

152 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $399,735 - $453,000

2 Beds
1 Bath
-- Sq Ft
$338/ mo HOA Fee

Last Sold July 21, 2020

Last sale price $262,000

Est. 60% increase in value since last sale

Current estimated payment $3,033/month

15 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Cathedral Ceiling
  • Jogging Path

About This Home

As of July 2020

This fabulous, bright 2nd floor 2BD 1BA Drexel II unit has just had hardwood floors & granite countertops installed. BRAND NEW, NEVER USED stainless steel appliances have just been delivered. The unit is freshly painted & has beautiful crown molding, cathedral ceilings & a fireplace. Eat in kitchen. Full size washer/dryer in separate laundry closet. Large, clean, dry basement storage. Quiet deck. One car garage. Spring Ridge is a well maintained 326 acre development which offers an in-ground pool, tennis courts, bocce & walking paths. Landscaping, snow removal, garbage, and water included in the monthly fees. Convenient to major highways, transportation & shopping.

Last Agent to Sell the Property

AMY SHOWFETY

WEICHERT REALTORS Listed on: 05/19/2020

Last Buyer's Agent

JOHN C. TUNNY

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1994

Lot Details

  • 479

HOA Fees

  • $338 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Storage Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00285-0000-CONDO

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,844

Year Built

Built in 1994

Lot Details

479 Sq Ft Lot

HOA Fees

$338 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: King George Rd to Spring Ridge entrance (Spring Valley Blvd) to 4th left at Potomac Dr to 1st left into courtyard building on right, Building #76.
  • I D: 4976777
  • Section Subdiv Development: Spring Ridge
  • First Name: AMY
  • First Name3: JOHN C.
  • First Name4: MARY T.
  • Last Name: SHOWFETY
  • Last Name3: TUNNY
  • Last Name4: WEICHERT
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Second
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Foyer, Kitchen, LivDinRm
  • Phone: 908-766-7500

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking

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
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 338
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection, Water Fees

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

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4844
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00285-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 17, 2020
Sold by
Short Susan E and Short Family Trust
Bought by
Weber Richard R and Weber Diane M
Seller's Agent
AMY SHOWFETY
WEICHERT REALTORS
Buyer's Agent
JOHN C. TUNNY
WEICHERT REALTORS
List Price
$268,000
Sold Price
$262,000
Premium/Discount to List
-$6,000
-2.24%
Current Estimated Value
$419,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,434
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Jul 6, 2005
Sold by
Silveira Victor A
Bought by
Short Edward J

Purchase Details

Closed on
Mar 31, 2000
Sold by
Dix Donna
Bought by
Silveira Victor and Addeo Karen

Purchase Details

Closed on
Feb 25, 1994
Sold by
Hovnanian K
Bought by
Dix Donna

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
6.9%
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
Weber Richard R $262,000 Westcor Land Title Ins Co
Short Edward J $305,000 --
Silveira Victor $175,000 --
Dix Donna $121,883 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dix Donna $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2020 07/21/20 Sold $262,000 -2.2% --
06/03/2020 06/03/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $268,000 -- --
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 $5,871 $348,500 $140,000 $208,500
2024 $5,871 $330,000 $124,000 $206,000
2023 $5,811 $308,100 $124,000 $184,100
2022 $5,540 $275,500 $120,000 $155,500
2021 $5,421 $256,900 $120,000 $136,900
2020 $5,061 $241,700 $115,000 $126,700
2019 $4,845 $238,200 $125,000 $113,200
2018 $4,698 $234,300 $123,000 $111,300
2017 $4,624 $232,500 $123,000 $109,500
2016 $4,413 $226,200 $123,000 $103,200
2015 $4,403 $229,800 $120,000 $109,800
2014 $4,317 $223,200 $120,000 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3633594

Garden State MLS

APN: 02-08701-0000-00285-0000-CONDO

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