NOT LISTED FOR SALE

16 Potomac Dr Unit 4 Basking Ridge, NJ 07920

Estimated Value: $443,851 - $468,000

2 Beds
2 Baths
-- Sq Ft
$316/mo HOA Fee

Last Sold May 26, 2017

Last sale price $287,500

Est. 58% increase in value since last sale

Current estimated payment $3,418/month

37 Days on Market

Highlights

  • Private Pool
  • Deck
  • Formal Dining Room
  • Cedar Hill Elementary School Rated A
  • Cathedral Ceiling
  • 1 Car Detached Garage

About This Home

As of May 2017

Beautiful Essex 11.. second floor unit featuring two bedrooms, 2 baths, gas fireplace and high ceiling,newer kitchen.. Enjoy the jogging paths, tennis courts and pool.

Last Listed By

Kathy Shea

COLDWELL BANKER REALTY Listed on: 03/20/2017

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1994

Lot Details

  • 523

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Lot
  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

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
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00393-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,139

Year Built

Built in 1994

Lot Details

0

HOA Fees

$316 per month

Parking

1

Listing Details

  • Style: One Floor Unit, Townhouse-Interior
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Security System as is not used by present owner
  • Street Number Display: 16
  • Directions: Valley Rd. to Acken to left onto Spring Valley Rd onto Potomac OR King George to Spring Valley to left onto Potoma
  • I D: 4692813
  • Modified: 2018-05-27
  • Number Images: 16
  • Section Subdiv Development: Spring Ridge
  • First Name: KATHY
  • First Name3: JEANNE
  • Last Name: SHEA
  • Last Name3: FEENICK
  • Office Phone: 908-301-2020
  • Office Phone3: 908-325-5000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Laminate
  • Floor Number: 2
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Skylight, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Partial
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x9
  • Kitchen Level: Second
  • Living Room Dim: 20x14
  • Living Room Level: Second
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Dining Room, Bath Main, LivDinRm
  • Phone: 908-233-5555

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 316
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

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: 140400
  • Assessed Land Value: 123000
  • Assessment: 263400
  • Easement: Unknown
  • Lot Identifier: 393
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 948
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5139
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00393-0000-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 25, 2017
Sold by
Hamlett David
Bought by
Chow Amy
Seller's Agent
Kathy Shea
COLDWELL BANKER REALTY
Buyer's Agent
JEANNE FEENICK
NEXTHOME PREMIER
List Price
$305,000
Sold Price
$287,500
Premium/Discount to List
-$17,500
-5.74%
Total Days on Market
37
Current Estimated Value
$454,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,963
Avg. Annual Appreciation
6.56%
Original Mortgage
$230,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2015
Closed on
Jan 8, 2016
Sold by
Stiles Danielle R and Naim Giacomo
Bought by
Hamlett David
Seller's Agent
Teresa Woltman
COLDWELL BANKER REALTY
Buyer's Agent
Kathy Shea
COLDWELL BANKER REALTY
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$20,000
Interest Rate
3.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 29, 2007
Sold by
Osborne Howard K and Osborne Doris M
Bought by
Stiles Danielle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1994
Sold by
Hovnanian K
Bought by
Osborne Howard and Osborne Doris

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 162 Alexandria Way, Basking Ridge, NJ 07920

    $479,000

    • 2 Beds
    • 2 Baths
    • 162 Alexandria Way
    • Basking Ridge, NJ

    Beautiful Essex II model with completely renovated new kitchen, fabulous new cabinets, luxurious quartz counter tops, stainless steel appliances, new flooring in kitchen and foyer, and newer renovated and updated full baths. Dramatic cathedral ceilings, wood burning fireplace, and skylights create a bright sophisticated living space, with spectacular views of nature's captivating environment.

    Frank Chiaverini COLDWELL BANKER REALTY

    Section Image
  • 69 Village Dr, Basking Ridge, NJ 07920

    $559,000

    • 3 Beds
    • 2.5 Baths
    • 69 Village Dr
    • Basking Ridge, NJ

    Tucked into one of the most tranquil spots in Lord Stirling Village, this 3-bedroom, 2.5-bath Deerfield A model offers peaceful green space views from the front door and windows. The layout is spacious and functional, with a large living room, formal dining area, and den with fireplace (to be conveyed as-is). While the home retains its original finishes wallpaper, carpet, and vintage kitchen it's

    Jennifer Blanchard BHHS FOX & ROACH

    Section Image
  • 10 Countryside Dr, Basking Ridge, NJ 07920

    $495,000

    • 2 Beds
    • 2.5 Baths
    • 1,534 Sq Ft
    • 10 Countryside Dr
    • Basking Ridge, NJ

    Spacious Bennington Model townhome with open floor plan, skylights, family room with fireplace, partially finished basement and convenient location. First floor features living room, dining room, eat-in kitchen, family room with skylights and fireplace , powder room, and sliding doors to covered patio. The primary suite with large attached bath and a spacious 2nd bedroom and hall bath complete

    Donald Hansen C-21 NEW BEGINNINGS

    Section Image
  • 25 Tory Ct, Bedminster, NJ 07921

    $419,000

    • 2 Beds
    • 2.5 Baths
    • 25 Tory Ct
    • Bedminster, NJ

    Welcome to 25 Tory Ct, where comfort, convenience, and community converge in a beautifully maintained 2-bedroom townhouse. With towering ceilings in the master bedroom and an inviting walk-in closet, this residence epitomizes modern living in a tranquil neighborhood. As you step inside, you'll be greeted by an open-concept design that elegantly marries sophistication with functionality. The

    Kevin Yento COLDWELL BANKER REALTY

    Section Image
  • 24 Stevens Ct Unit 2924, Bedminster, NJ 07921

    $449,900

    • 2 Beds
    • 2.5 Baths
    • 24 Stevens Ct
    • Unit 2924
    • Bedminster, NJ

    Newly Updated & Attractive 2BR 2.5 Bath Townhome in Desirable Signal Point "D Model" Premium Location Faces Woods, Immaculate Conditions w/Tons of Upgrades Thru-Out, New Floors & Paint 2025, Beautiful New Granite Kitchen in 2017, New Central Air 2022, New Gas Furnace 2016, New Windows 2022, New Roof, Gutters & Skylight 2022, Wood Burning Fireplace in LR, Formal DR All Open to the Updated Granite

    DAVID CASTELLANO BHHS FOX & ROACH

    Section Image

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
Chow Amy $287,500 First American Title Ins Co
Hamlett David $270,000 Nrt Title Agency
Stiles Danielle R $300,000 Chicago Title Insurance Comp
Osborne Howard $140,773 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Amy $211,000
Closed Chow Amy $230,000
Previous Owner Hamlett David $20,000
Previous Owner Hamlett David $216,000
Previous Owner Stiles Danielle R $208,900
Previous Owner Stiles Danielle R $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $287,500 -5.7% --
04/26/2017 04/26/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $305,000 +13.0% --
01/08/2016 01/08/16 Sold $270,000 -3.5% --
11/20/2015 11/20/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $279,900 -- --
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
2024 $6,701 $376,700 $124,000 $252,700
2023 $6,324 $335,300 $124,000 $211,300
2022 $6,156 $306,100 $120,000 $186,100
2021 $5,954 $282,200 $120,000 $162,200
2020 $5,650 $269,800 $115,000 $154,800
2019 $5,606 $275,600 $125,000 $150,600
2018 $5,393 $269,000 $123,000 $146,000
2017 $5,406 $271,800 $123,000 $148,800
2016 $5,139 $263,400 $123,000 $140,400
2015 $5,020 $262,000 $120,000 $142,000
2014 $4,908 $253,800 $120,000 $133,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3372689

Garden State MLS

APN: 02-08701-0000-00393-0000-CONDO