NOT LISTED FOR SALE

199 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $402,000 - $421,000

2 Beds
1 Bath
-- Sq Ft
$312/mo HOA Fee

Last Sold December 09, 2016

Last sale price $263,000

Est. 57% increase in value since last sale

Current estimated payment $2,955/month

14 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Deck
  • 1 Car Detached Garage

About This Home

As of December 2016

Fantastic 1st floor end unit. Wonderful location close to pool. Bathroom beautifully remodeled in 2011, New Furnace 2014, New Hot Water Heater 2016, Bedroom Carpet 2015. Hardwood Floors in perfect condition. Custom Walk-In closet in master bedroom. Recessed lights in living room and both bedrooms. Spotlights in kitchen. Full size washer and dryer. This end unit has beautifully views on 2 sides. One of the best locations in Spring Ridge. Handicap Accessible. Basking Ridge top-rated schools. Convenient to Rts. 78, 287 and NYC transportation. This unit has been meticulously cared for and loved like a " home" and truly is move-in condition!

Last Agent to Sell the Property

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY Listed on: 09/30/2016

Last Buyer's Agent

Roseann O'Keefe

NEXTHOME PREMIER

NEXTHOME PREMIER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1993

Lot Details

  • 436

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family or Dining Combination
  • Unfinished Basement
  • Sump Pump

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

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
  • Standard Electricity
  • Electric Water Heater

Additional Features

  • Handicap Modified
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00086-0000-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

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,504

Year Built

Built in 1993

Lot Details

0

HOA Fees

$312 per month

Parking

1

Listing Details

  • Style: First Floor Unit, Townhouse-End Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Washer, Dryer, but being replaced. Towel rack on door in bath
  • Handicap Modified: Yes
  • Directions: King George Road to Spring Valley to Potomac
  • I D: 4660567
  • Section Subdiv Development: Spring Ridge
  • First Name: JILL
  • First Name3: ROSEANN
  • Last Name: FAHERTY
  • Last Name3: O KEEFE
  • Office Phone: 289595
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: TubShowr, Walk-In Closet, Fire Alarm Sys, Security System, Blinds, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Kitchen, Bath Main, LivDinRm
  • Phone: 908-766-2900

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Sidewalk, Tennis Courts, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Humidifr, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Association
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 312
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area, Water Fees

Schools

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

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 937
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4504
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00086-0000-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Dec 9, 2016
Sold by
Millmar Jori S
Bought by
The Dorothy A Karas Revocable Living Tru
Seller's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Roseann O'Keefe
NEXTHOME PREMIER
List Price
$269,000
Sold Price
$263,000
Premium/Discount to List
-$6,000
-2.23%
Current Estimated Value
$411,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,880
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Giacobello James P
Bought by
Millman Joni S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.11%

Purchase Details

Closed on
Nov 30, 1993
Sold by
K Hovnanian At Spring Ridge
Bought by
Giancobello James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.69%
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
The Dorothy A Karas Revocable Living Tru $263,000 Old Republic National Title
Millman Joni S $143,500 --
Giancobello James $114,738 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millman Joni S $81,000
Previous Owner Giancobello James $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $263,000 -2.2% --
10/14/2016 10/14/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $269,000 -- --
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 $6,052 $358,700 $140,000 $218,700
2024 $5,981 $340,200 $124,000 $216,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JILL FAHERTY

    KL SOTHEBY'S INT'L. REALTY

  • Roseann O'Keefe

    Buyer's Agent in 2016

    Roseann O'Keefe

    NEXTHOME PREMIER

    (908) 720-9205

    1 in this area

    155 Total Sales

    Roseann O'Keefe
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3339818

Garden State MLS

APN: 02-08701-0000-00086-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

199 Potomac Dr, Basking Ridge, NJ

Not Listed for Sale

Condos

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