NOT LISTED FOR SALE

190 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $446,000 - $479,000

2 Beds
2 Baths
1,050 Sq Ft
$354/mo HOA Fee

Last Sold June 11, 2021

Last sale price $320,000 $305 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,381/month

76 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Clubhouse
  • Granite Countertops

About This Home

As of June 2021

Welcome to this beautiful, neat unit located in Spring Ridge! This upper level unit features 2 bedrooms, 2 baths along with a detached finished basement area and a detached garage. Living & dining room features an open floor plan with skylights, high ceilings, recessed lighting and more! Dining room has sliding doors leading you to your private terrace. Kitchen offering granite countertops, white wood painted cabinets & new stainless steel appliances. Home sweet home is the perfect way to describe this warm, well-kept townhouse! Master bedroom features a full private spacious bathroom along with a walk-in closet. This unit is freshly painted with updated bathrooms and ceiling lights as well. Ready for you to move in! Great location in a quiet community. HOA provides community pool, gym, tennis court, parks, clubhouse, parking lot and law maintenance! Easy living!

Last Agent to Sell the Property

Roman Balandin

Roman Balandin Realty LLC License #1008501 Listed on: 05/18/2021

Co-Listed By

George Pavlushkin

RE/MAX Central License #1324942

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,541

Year Built

  • Built in 1993

Lot Details

  • 436

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Recessed Lighting
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Granite Countertops
  • Finished Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Balcony

Location

  • Upper Level

Schools

  • William Annin Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-08701-0000-00075-0000-CONDO

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include lawn maintenance, pool

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,541

Year Built

Built in 1993

Lot Details

0

HOA Fees

$354 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Tennis Court, Exercise Room, Swimming, Clubhouse, Playground
  • Reso Association Fee Includes: Lawn Maintenance, Pool
  • Co List Office Mls Id: 1146
  • Co List Office Phone: 732-972-1000
  • Subdivision Name: None
  • Architectural Style: Detached, Upper Level, Condo
  • Reso Interior Features: Balcony, Skylight, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 1993
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Exercise Room: Yes
  • Pool Common2: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: William Annin
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Common Elements Clubhouse: Yes
  • Common Elements Playground: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Floor - Wood4: Yes
  • Common Elements Tennis Court: Yes
  • Dining Room BayBow Window3: Yes
  • Dining Room Sliding Door3: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 10
  • Stories: 1
  • Basement Finished: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes
  • OtherRoomsOther2: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.01
  • Waterfront: No
  • Exterior Features: Balcony
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 354.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Schools

  • Middle Or Junior School: William Annin

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 02-08701-0000-00075-0000-CONDO

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5541.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 10, 2021
Sold by
Vitollo James M
Bought by
Lopes Fredrico S and Lopes Claudia
Seller's Agent
Roman Balandin
Roman Balandin Realty LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$451,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,914
Avg. Annual Appreciation
8.65%
Original Mortgage
$304,000
Outstanding Balance
$278,447
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$173,467

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 6, 2019
Sold by
Walsh Denis M and Last Wilt And Testament Of Fra
Bought by
Vitollo James M
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Deborah Citarella
COLDWELL BANKER REALTY
List Price
$279,000
Sold Price
$285,000
Premium/Discount to List
$6,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$255,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1999
Sold by
Brown Peggy
Bought by
Bubet Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
7.02%

Purchase Details

Closed on
Dec 13, 1996
Sold by
Pallozzi Dave
Bought by
Brown Peggy

Purchase Details

Closed on
Jan 5, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Pallozzi David and Pallozzi Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lopes Fredrico S $320,000 None Available
Vitollo James M $285,000 Old Republic Title Ins Co
Bubet Frank $133,500 --
Brown Peggy $136,000 --
Pallozzi David $125,554 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopes Fredrico S $304,000
Previous Owner Vitollo James M $255,000
Previous Owner Bubet Frank K $75,000
Previous Owner Bubet Frank $120,150
Previous Owner Pallozzi David $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $320,000 0.0% $305 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/13/2021 04/13/21 Off Market $320,000 -- --
03/21/2021 03/21/21 Pending -- -- --
03/17/2021 03/17/21 Off Market $320,000 -- --
03/03/2021 03/03/21 For Sale $315,000 +10.5% $300 / Sq Ft
12/13/2019 12/13/19 Sold $285,000 +2.2% --
10/24/2019 10/24/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $279,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,374 $358,300 $124,000 $234,300
2023 $6,037 $320,100 $124,000 $196,100
2022 $5,900 $293,400 $120,000 $173,400
2021 $4,306 $276,900 $120,000 $156,900
2020 $5,541 $264,600 $115,000 $149,600
2019 $5,500 $270,400 $125,000 $145,400
2018 $5,381 $268,400 $123,000 $145,400
2017 $5,424 $272,700 $123,000 $149,700
2016 $5,116 $262,200 $123,000 $139,200
2015 $4,997 $260,800 $120,000 $140,800
2014 $4,885 $252,600 $120,000 $132,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22106087

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-08701-0000-00075-0000-CONDO