NOT LISTED FOR SALE

228 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $372,000 - $440,000

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

Last Sold August 16, 2017

Last sale price $242,000

Est. 68% increase in value since last sale

Current estimated payment $2,945/month

80 Days on Market

Highlights

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

About This Home

As of August 2017

Move in READY! 2BR 1BA, Spacious sun filled 2nd, floor unit. Freshly painted with neutral colors, with new kitchen appliances ( dishwasher and stove ) DREXEL BONUS STORAGE ROOM IN THE BASEMENT 20x10. Amenities include,club house, out door pool, jogging/biking path, play area and tennis courts. Spring Ridge is conveniently located to route 78 and shops. MUST SEE TO APPRECIATE THIS IMMACULATE CONDO !

Last Agent to Sell the Property

Ana Nogueira

COLDWELL BANKER REALTY Listed on: 05/01/2017

COLDWELL BANKER REALTY

Co-Listed By

Anne Dealmeida

WEICHERT REALTORS

Last Buyer's Agent

Lily Chu-Constable

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1994

Lot Details

  • 436

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00253-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area, sewer fees

Recreation

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

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,429

Year Built

Built in 1994

Lot Details

0

HOA Fees

$312 per month

Parking

1

Listing Details

  • Style: One Floor Unit, Townhouse-Interior
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Refrigerator, washer and dryer
  • Street Number Display: 228
  • Directions: King George Rd. to Spring Valley Blvd. to Potomac Dr. # 228
  • I D: 4709487
  • Modified: 2021-09-23
  • Number Images: 6
  • Section Subdiv Development: DREXEL
  • First Name: ANA
  • First Name2: ANNE
  • First Name3: LILY
  • Last Name: NOGUEIRA
  • Last Name2: DEALMEIDA
  • Last Name3: CHU-CONSTABLE
  • Office Phone: 908-764-5634
  • Office Phone2: 908-757-7780
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Family Room Level: Second
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Level: Second
  • Living Room Dim: 22x13
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, Kitchen, Laundry Room, Dining Room, Living Room, Pantry, Bath Main
  • Phone: 908-757-7780

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Tennis Courts, Curbs
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle, Composition Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 104000
  • Assessed Land Value: 123000
  • Assessment: 227000
  • Lot Identifier: 253
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4429
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00253-0000-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Aug 1, 2017
Sold by
Hendershot Arthur R and Hendershot Filomena M
Bought by
Lum Jean Ping
Seller's Agent
Ana Nogueira
COLDWELL BANKER REALTY
Buyer's Agent
Lily Chu-Constable
COLDWELL BANKER REALTY
List Price
$259,900
Sold Price
$242,000
Premium/Discount to List
-$17,900
-6.89%
Current Estimated Value
$407,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,570
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Feb 16, 1994
Sold by
Hovnanian K
Bought by
Hendershot Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.01%
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
Lum Jean Ping $242,000 None Available
Hendershot Arthur $114,179 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hendershot Arthur $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2017 08/16/17 Sold $242,000 -6.9% --
07/20/2017 07/20/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $259,900 -- --
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 $5,556 $330,700 $140,000 $190,700
2024 $5,556 $312,300 $124,000 $188,300
2023 $5,513 $292,300 $124,000 $168,300
2022 $5,273 $262,200 $120,000 $142,200
2021 $4,739 $242,400 $120,000 $122,400
2020 $4,952 $236,500 $115,000 $121,500
2019 $4,739 $233,000 $125,000 $108,000
2018 $4,595 $229,200 $123,000 $106,200
2017 $4,511 $226,800 $123,000 $103,800
2016 $4,429 $227,000 $123,000 $104,000
2015 $4,418 $230,600 $120,000 $110,600
2014 $4,330 $223,900 $120,000 $103,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3383738

Garden State MLS

APN: 02-08701-0000-00253-0000-CONDO