NOT LISTED FOR SALE

18 Potomac Dr Unit 6 Basking Ridge, NJ 07920

Estimated Value: $444,799 - $472,000

2 Beds
2 Baths
1,050 Sq Ft
$433/Sq Ft Est. Value

About This Home

This home is located at 18 Potomac Dr Unit 6, Basking Ridge, NJ 07920 and is currently estimated at $454,700, approximately $433 per square foot. 18 Potomac Dr Unit 6 is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Chen Xiaolan
Bought by
Wu Siqi and Chu Jianhua
Current Estimated Value
$454,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$275,731
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$179,656

Purchase Details

Closed on
Aug 8, 2008
Sold by
Zaremba Robert H
Bought by
Chen Xiaolan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1999
Sold by
Eng Philip
Bought by
Zaremba Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
7.71%

Purchase Details

Closed on
Jan 2, 1996
Sold by
Greszo Steve
Bought by
Cerqua Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.99%

Purchase Details

Closed on
Mar 21, 1994
Sold by
Hovnanian K
Bought by
Geczo Steve and Geczo Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.4%

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Wu Siqi $400,000 First American Title
Chen Xiaolan $298,000 Multiple
Zaremba Robert $186,000 --
Cerqua Elizabeth $133,950 --
Geczo Steve $137,141 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Siqi $280,000
Previous Owner Chen Xiaolan $200,000
Previous Owner Chen Xiaolan $88,825
Previous Owner Chen Xiaolan $238,400
Previous Owner Zaremba Robert H $154,800
Previous Owner Zaremba Robert $148,800
Previous Owner Cerqua Elizabeth $114,000
Previous Owner Geczo Steve $125,000
Source: Public Records

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 $6,810 $382,800 $124,000 $258,800
2023 $5,997 $318,000 $124,000 $194,000
2022 $5,866 $291,700 $120,000 $171,700
2021 $5,904 $279,800 $120,000 $159,800
2020 $5,601 $267,500 $115,000 $152,500
2019 $5,537 $272,200 $125,000 $147,200
2018 $5,418 $270,200 $123,000 $147,200
2017 $5,430 $273,000 $123,000 $150,000
2016 $5,164 $264,700 $123,000 $141,700
2015 $5,045 $263,300 $120,000 $143,300
2014 $4,932 $255,000 $120,000 $135,000
Source: Public Records

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