NOT LISTED FOR SALE

218 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $441,000 - $463,000

2 Beds
2 Baths
-- Sq Ft
523 Sq Ft Lot

Sale Details

Date Sold: January 17, 2020

Last sale price $294,000

Est. 54% increase in value since last sale

Current estimated payment $3,302 / mo

80 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Corner Lot
  • Cedar Hill Elementary School Rated A
  • Cathedral Ceiling
  • Community Pool

About This Home

As of January 2020

Offered in immaculate condition. Condo freshly painted throughout, updated kitchen with stainless steel appliances, laminate floor, granite countertops and breakfast bar, and recessed lighting. New carpeting installed throughout on 9/16/2019. High cathedral ceiling in living room featuring natural light from new skylights installed 10/12/2019, natural gas fireplace, shadow box molding, and sliding door off of the dining area onto the deck. Master Bedroom has recessed lights, crown and dental moldings, walk-in closet with organizer, and full bath with new vanity with granite top, guest bath also has a new vanity with granite top. VERY large storage room in basement features a large work bench and plenty of room for storage, and comes with a one-car garage.

Last Agent to Sell the Property

MARLENE BUCCAFUSCO

RE/MAX PREMIER Listed on: 09/16/2019

RE/MAX PREMIER

Last Buyer's Agent

Karen Gray

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,561

Year Built

  • Built in 1994

Lot Details

  • 523

HOA Fees

  • $327 Monthly HOA Fees

Parking

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

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage Room
  • Stacked Washer and Dryer
  • Unfinished Basement

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00103-0000-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

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,561

Year Built

Built in 1994

Lot Details

523 Sq Ft Lot

HOA Fees

$327 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
  • Directions: Spring Valley Blvd. to Potomac to #218
  • I D: 4931188
  • Section Subdiv Development: Spring Ridge
  • First Name: MARLENE
  • First Name3: KAREN
  • Last Name: BUCCAFUSCO
  • Last Name3: GRAY
  • Office Phone3: 973-387-3036
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher, Stackable Washer/Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Skylight, Cathedral Ceiling
  • 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: Storage Room
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x08
  • Kitchen Level: Second
  • Living Room Dim: 22x14
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, LivDinRm, Bath Main, Bath(s) Other, Kitchen
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Tennis Courts, Deck, Sidewalk
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop, Common

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 327
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area, Water Fees

Fee Information

  • Other Fee Freqency: One Time

Schools

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

Lot Info

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

Rental Info

  • Application Fee: 500
  • Pets Allowed: CatsOK

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5561
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00103-0000-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Bought by
Current Estimated Value
$452,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$267,344
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$184,671

Purchase Details

Listed on
Sep 16, 2019
Closed on
Jan 13, 2020
Sold by
Bought by
Seller's Agent
MARLENE BUCCAFUSCO
RE/MAX PREMIER
Buyer's Agent
Karen Gray
COLDWELL BANKER REALTY
List Price
$315,000
Sold Price
$294,000
Premium/Discount to List
-$21,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$242,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Interest Rate
5.71%

Purchase Details

Closed on
Oct 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Acres Land Title Agency Inc
$294,000 Acres Land Title Agency Inc
$349,000 --
$349,000 None Available
$299,000 --
$200,000 --
$130,867 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $295,000
Previous Owner $242,250
Previous Owner $279,200
Previous Owner $284,050
Previous Owner $180,000
Previous Owner $116,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $294,000 -1.7% --
12/05/2019 12/05/19 Pending -- -- --
11/13/2019 11/13/19 Price Changed $299,000 -2.9% --
10/16/2019 10/16/19 Price Changed $308,000 -2.2% --
09/16/2019 09/16/19 For Sale $315,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,575 $421,900 $140,000 $281,900
2024 $6,575 $369,600 $124,000 $245,600
2023 $6,212 $329,400 $124,000 $205,400
2022 $6,067 $301,700 $120,000 $181,700
2021 $5,944 $281,700 $120,000 $161,700
2020 $5,677 $271,100 $115,000 $156,100
2019 $5,532 $272,000 $125,000 $147,000
2018 $5,562 $277,400 $123,000 $154,400
2017 $5,585 $280,800 $123,000 $157,800
2016 $5,467 $280,200 $123,000 $157,200
2015 $5,275 $275,300 $120,000 $155,300
2014 $5,086 $263,000 $120,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3587987

Garden State MLS

APN: 02-08701-0000-00103-0000-CONDO

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