Seller's Agent in 2021
Janine Rose
BHHS FOX & ROACH
(908) 229-6253
7 in this area
85 Total Sales
171 Potomac Dr Basking Ridge, NJ 07920
Estimated Value: $349,000 - $417,000
2
Beds
1
Bath
--
Sq Ft
$346/mo
HOA Fee
Highlights
- Private Pool
- Clubhouse
- Jogging Path
- Cedar Hill Elementary School Rated A
- Tennis Courts
- Formal Dining Room
About This Home
As of July 2021Welcome Home to this private Drexel II unit located in Madison Village section of Spring Ridge. This walk-out unit offers beautiful natural views, two bedrooms and one full bath. The primary bedroom has a large walk-in closet, the full bath offers double vanity sinks, Laundry is a full size washer and dryer. The 9x4 storage closet is located outside the front door. The Spring Ridge community offers: Clubhouse, tennis courts, in-ground outdoor pool, walking / bike paths and playground. Conveniently located near Rt 78 and Rt 287.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,569
Year Built
- Built in 1994
Lot Details
- 305
HOA Fees
- $346 Monthly HOA Fees
Home Design
- Vinyl Siding
- Tile
Interior Spaces
- 1-Story Property
- Blinds
- Entrance Foyer
- Living Room
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- Additional Parking
- Assigned Parking
Accessible Home Design
- Accessible Bedroom
Outdoor Features
- Private Pool
- Patio
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
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2702-08701-0000-00305-0000-CONDO
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, snow removal
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Jogging Path
Pet Policy
- Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2021
Closed on
Jul 6, 2021
Sold by
Purcell Patricia and Purcell Mary
Bought by
Dores Thomas J
Seller's Agent
Janine Rose
BHHS FOX & ROACH
Buyer's Agent
Barry Goldman
CENTURY 21 PREFERRED REALTY, INC
List Price
$262,500
Sold Price
$266,000
Premium/Discount to List
$3,500
1.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,401
Avg. Annual Appreciation
9.31%
Original Mortgage
$195,000
Outstanding Balance
$177,094
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$213,307
Purchase Details
Closed on
Jun 4, 2003
Sold by
Schreck Thomas
Bought by
Purcell Patricia
Purchase Details
Closed on
Feb 25, 1994
Sold by
Hovnanian K
Bought by
Schreck Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.15%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dores Thomas J | $266,000 | Chicago Title Insurance Co | |
| Purcell Patricia | $245,000 | -- | |
| Schreck Thomas | $112,143 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dores Thomas J | $195,000 | |
| Previous Owner | Schreck Thomas | $108,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | $266,000 | +1.3% | -- |
| 06/04/2021 06/04/21 | Pending | -- | -- | -- |
| 05/21/2021 05/21/21 | For Sale | $262,500 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $5,061 | $300,900 | $140,000 | $160,900 |
| 2024 | $5,061 | $284,500 | $127,700 | $156,800 |
| 2023 | $5,092 | $270,000 | $127,700 | $142,300 |
| 2022 | $4,937 | $245,500 | $123,600 | $121,900 |
| 2021 | $3,051 | $222,300 | $123,600 | $98,700 |
| 2020 | $4,569 | $218,200 | $118,500 | $99,700 |
| 2019 | $4,452 | $218,900 | $125,000 | $93,900 |
| 2018 | $4,349 | $216,900 | $123,000 | $93,900 |
| 2017 | $4,264 | $214,400 | $123,000 | $91,400 |
| 2016 | $3,949 | $202,400 | $123,000 | $79,400 |
| 2015 | $3,909 | $204,000 | $120,000 | $84,000 |
| 2014 | $3,750 | $193,900 | $120,000 | $73,900 |
Source: Public Records
Agents Affiliated with this Home
-
Janine Rose
-
Barry Goldman
Buyer's Agent in 2021
Barry Goldman
CENTURY 21 PREFERRED REALTY, INC
(201) 207-9307
1 in this area
16 Total Sales
Map
Source: Garden State MLS
MLS Number: 3714373
APN: 02-08701-0000-00305-0000-CONDO
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