226 Potomac Dr Basking Ridge, NJ 07920
Estimated Value: $378,000 - $428,000
--
Bed
--
Bath
950
Sq Ft
$416/Sq Ft
Est. Value
About This Home
This home is located at 226 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $395,140, approximately $415 per square foot. 226 Potomac Dr 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 30, 2004
Sold by
Lerner James
Bought by
Vaughn Christopher R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$107,261
Interest Rate
5.81%
Estimated Equity
$287,879
Purchase Details
Closed on
Feb 21, 1994
Sold by
Hovnanian K
Bought by
Lerhen James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7.01%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Vaughn Christopher R | $270,000 | -- | |
Lerhen James | $110,207 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Vaughn Christopher R | $216,000 | |
Previous Owner | Lerhen James | $101,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,008 | $320,000 | $140,000 | $180,000 |
2024 | $5,008 | $281,500 | $124,000 | $157,500 |
2023 | $5,026 | $266,500 | $124,000 | $142,500 |
2022 | $4,909 | $244,100 | $120,000 | $124,100 |
2021 | $5,119 | $242,600 | $120,000 | $122,600 |
2020 | $4,829 | $230,600 | $115,000 | $115,600 |
2019 | $4,786 | $235,300 | $125,000 | $110,300 |
2018 | $4,678 | $233,300 | $123,000 | $110,300 |
2017 | $4,581 | $230,300 | $123,000 | $107,300 |
2016 | $4,321 | $221,500 | $123,000 | $98,500 |
2015 | $4,208 | $219,600 | $120,000 | $99,600 |
2014 | $3,972 | $205,400 | $120,000 | $85,400 |
Source: Public Records
Map
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