NOT LISTED FOR SALE

161 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $327,000 - $345,000

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

Last Sold December 23, 2019

Last sale price $180,000

Est. 87% increase in value since last sale

Current estimated payment $2,470/month

27 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Jogging Path
  • Cedar Hill Elementary School Rated A
  • Tennis Courts
  • 1 Car Detached Garage

About This Home

As of December 2019

Updated walk-out 1 Bedroom 1 BA condo with open floor plan and separate garage space in the complex. Newly painted and new flooring. Kitchen with plenty of cabinetry and high hat lighting. Storage closet off of the kitchen (8x5). Slider to outdoor patio area. Enjoy this community with tennis courts, clubhouse, bicycle and walking paths, and bocce court. 326 acres of well manicured community borders over 100 acres of undisturbed nature. Ideal location for commute to NYC from train, bus or car. Close to schools, shopping, transportation and parks. No dogs allowed in complex.

Last Agent to Sell the Property

Kelly Peterpaul

COLDWELL BANKER REALTY Listed on: 10/31/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

ALEXANDRA STROM

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 1994

Lot Details

  • 218

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Composition Shingle Roof
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Blinds
  • Family or Dining Combination
  • Storage Room
  • Laminate Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Bedroom

Outdoor Features

  • Private Pool
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00303-0000-CONDO

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

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,815

Year Built

Built in 1994

Lot Details

0

HOA Fees

$326 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 road to Spring Valley to Potomac
  • I D: 4942352
  • Section Subdiv Development: Spring Ridge
  • First Name: KELLY ANN
  • First Name3: ALEXANDRA
  • Last Name: PETERPAUL
  • Last Name3: STROM
  • Office Phone3: 908-766-7447
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2019

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: OvnWElec, CookGas, Washer, Dishwasher, Dryer
  • Interior Amenities: TubShowr, Fire Alarm Sys, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 1
  • Bedroom 1 Level: Ground
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: Ground
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 10x9
  • Kitchen Level: Ground
  • Living Room Dim: 21x13
  • Living Room Level: Ground
  • Ground Level Rooms: 1 Bedroom, LivDinRm, Storage Room, Bath Main, Kitchen
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Barbeque, Storm Door(s), Storm Window(s), Open Porch(es), Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Assigned, Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Assigned, Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Association
  • 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

Fee Information

  • Other Fee Freqency: One Time

Schools

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

Lot Info

  • Lot Size: MADISON VILLAGE
  • Lot Description: Backs to Park Land, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 322

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3815
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00303-0000-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
Oct 31, 2019
Closed on
Dec 20, 2019
Sold by
Da Silva Deborah and Estate Of John L Da Silva Jr
Seller's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
Buyer's Agent
ALEXANDRA STROM
WEICHERT REALTORS
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Current Estimated Value
$336,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,890
Avg. Annual Appreciation
11.09%
Original Mortgage
$144,000
Outstanding Balance
$126,957
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$209,933

Purchase Details

Closed on
Aug 22, 1994
Sold by
K Hovnanian At Spg Rdge
Bought by
Desilva John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
8.65%
Mortgage Type
FHA
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
-- $180,000 Fidelity National Ttl Ins Co
Desilva John $101,727 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $144,000
Previous Owner Desilva John $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $180,000 -5.3% --
11/27/2019 11/27/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $190,000 -- --
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 $4,467 $270,700 $140,000 $130,700
2024 $4,467 $251,100 $127,700 $123,400
2023 $4,200 $222,700 $127,700 $95,000
2022 $4,024 $200,100 $123,600 $76,500
2021 $4,064 $192,600 $123,600 $69,000
2020 $3,763 $179,700 $118,500 $61,200
2019 $3,989 $196,100 $128,800 $67,300
2018 $3,816 $190,300 $123,000 $67,300
2017 $3,741 $188,100 $123,000 $65,100
2016 $3,541 $181,500 $123,000 $58,500
2015 $3,433 $179,200 $120,000 $59,200
2014 $3,265 $168,800 $120,000 $48,800
Source: Public Records

Agents Affiliated with this Home

  • Kelly Peterpaul

    Seller's Agent in 2019

    Kelly Peterpaul

    COLDWELL BANKER REALTY

    (908) 410-6777

    91 in this area

    127 Total Sales

    Kelly Peterpaul
    Section Image

  • A

    Buyer's Agent in 2019

    ALEXANDRA STROM

    WEICHERT REALTORS

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Map

Source: Garden State MLS

MLS Number: 3598290

Garden State MLS

APN: 02-08701-0000-00303-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

161 Potomac Dr, Basking Ridge, NJ

Not Listed for Sale

Condos

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