NOT LISTED FOR SALE

202 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $441,299 - $467,000

2 Beds
2 Baths
-- Sq Ft
$351/mo HOA Fee

Last Sold January 09, 2018

Last sale price $291,500

Est. 54% increase in value since last sale

Current estimated payment $3,248/month

20 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Jogging Path
  • Cedar Hill Elementary School Rated A
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of January 2018

Large, Bright and Beautiful! This unit features 2 large skylights that let the light flood in, an open concept kitchen that can be accessed from the large living room/dining room and the hallway. Sliders to balcony from the ding room and corner gas fireplace in the living room add to the welcoming ambiance of this amazing unit! Add to that the large master bedroom, large master bath, walk in closet, full size washer and dryer and generous second bedroom and you have a place that you can call home! Last but not least is the amazingly private location. Both bedrooms look out to beautiful trees and an open lot. Location, Location, Location...moments to Rte 78, shopping, the train, down town and two supermarkets. Live in Beautiful Basking Ridge under 300 and be in the middle of it all!

Last Agent to Sell the Property

Courtney Orlando

COMPASS NEW JERSEY, LLC Listed on: 10/26/2017

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

RICHARD JOHNSON

REALTYMARK SELECT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1994

Lot Details

  • 479

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway
  • Additional Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool

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 2702-08701-0000-00087-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area
  • $939 Other One-Time Fees

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,008

Year Built

Built in 1994

Lot Details

0

HOA Fees

$351 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
  • Street Number Display: 202
  • Directions: King George to Spring Valley to Potomac
  • I D: 4756407
  • Modified: 2021-09-23
  • Number Images: 16
  • Section Subdiv Development: Spring Ridge
  • First Name: COURTNEY
  • First Name3: RICHARD
  • Last Name: ORLANDO
  • Last Name3: JOHNSON
  • Office Phone: 973-315-8180
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Blinds, Carbon Monoxide Detector, High Ceilings, Skylight, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x9
  • Kitchen Level: Second
  • Living Room Dim: 24x14
  • Living Room Level: Second
  • Level 2 Rooms: Laundry Room, 2 Bedrooms, Foyer, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Tennis Courts, Sidewalk
  • 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, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Storage, Tennis Courts
  • Association Maintenance Fee: 351
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 939

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 137200
  • Assessed Land Value: 123000
  • Assessment: 260200
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 87
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5008
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00087-0000-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Jan 2, 2018
Sold by
Kunkel Susan Barbara
Bought by
Beakes Charles
Seller's Agent
Courtney Orlando
COMPASS NEW JERSEY, LLC
Buyer's Agent
RICHARD JOHNSON
REALTYMARK SELECT
List Price
$295,000
Sold Price
$291,500
Premium/Discount to List
-$3,500
-1.19%
Total Days on Market
20
Current Estimated Value
$450,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,825
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Jan 27, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Kundel Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.11%
Source: Public Records

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Range of Values:

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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
Beakes Charles $291,500 None Available
Kundel Susan $126,583 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beakes Charles H $50,000
Previous Owner Kunkel Susan $199,000
Previous Owner Kunkel Susan $200,000
Previous Owner Kunkel Susan B $100,000
Previous Owner Kundel Susan $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $291,500 -1.2% --
11/15/2017 11/15/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $295,000 -- --
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
2024 $6,084 $342,000 $124,000 $218,000
2023 $5,781 $306,500 $124,000 $182,500
2022 $5,663 $281,600 $120,000 $161,600
2021 $5,743 $272,200 $120,000 $152,200
2020 $5,446 $260,100 $115,000 $145,100
2019 $5,390 $265,000 $125,000 $140,000
2018 $5,211 $259,900 $123,000 $136,900
2017 $5,175 $260,200 $123,000 $137,200
2016 $5,008 $256,700 $123,000 $133,700
2015 $4,890 $255,200 $120,000 $135,200
2014 $4,785 $247,400 $120,000 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3427254

Garden State MLS

APN: 02-08701-0000-00087-0000-CONDO