NOT LISTED FOR SALE

232 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $395,000 - $433,000

2 Beds
1 Bath
-- Sq Ft
$371/mo HOA Fee

Last Sold June 13, 2022

Last sale price $340,500

Est. 23% increase in value since last sale

Current estimated payment $3,068/month

13 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Deck
  • Cedar Hill Elementary School Rated A
  • Clubhouse
  • High Ceiling

About This Home

As of June 2022

The light and airy open floor plan unit, located near the preserved land, has a cathedral ceiling, skylights, gas fireplace, and Full-size laundry in-unit. New flooring installed throughout living/dining and bedrooms, walk-in closets. New garage door, furnace, ac, and washer units . The personal basement is for storage use only. Convenient to RT 78/287 and shopping & train station. On-site property manager, clubhouse, playground, bocce court, bicycle paths, tennis court, and in-ground swimming pool. Sellers signed SD waiver.

Last Agent to Sell the Property

Seok Yen Tennariello

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 04/15/2022

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

DEBORAH GIBBS

BHHS FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 305

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Lot
  • Assigned Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage Room
  • Utility Room
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • 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
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00259-0000-CONDO

Community Details

Overview

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

Recreation

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

Pet Policy

  • Cats Allowed

Additional Features

  • Clubhouse
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,203

Year Built

Built in 1994 | Remodeled

Lot Details

0

HOA Fees

$371 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, Renovated
  • County Name: Somerset
  • Directions: King George to Spring Valley Boulevard and left on Potomac
  • I D: 5142377
  • Section Subdiv Development: Spring Ridge
  • First Name: SEOK YEN
  • First Name3: DEBORAH
  • Last Name: TENNARIELLO
  • Last Name3: GIBBS
  • Office Phone: 908766-0085 extn 238
  • Office Phone3: 908-580-5000
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2018

Interior Features

  • Flooring: Laminate, Tile
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: CookGas, Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, High Ceilings, Skylight, TubShowr, Walk-In Closet
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: Second
  • Living Room Dim: 24x14
  • Living Room Level: Second
  • Other Room 4: Foyer
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other, Foyer, Kitchen, Laundry Room, LivDinRm

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Storm Window(s), Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Assigned, Parking Lot-Exclusive

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 371
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Schools

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

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot I D Tax: *
  • Lot Size Tax: *

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: 5203
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00259-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 4, 2022
Sold by
Yen Tennariello and Yen Seok
Bought by
Kayadji Nilhan and Kayaci Caner
Seller's Agent
Seok Yen Tennariello
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
DEBORAH GIBBS
BHHS FOX & ROACH
List Price
$318,000
Sold Price
$340,500
Premium/Discount to List
$22,500
7.08%
Current Estimated Value
$418,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,740
Avg. Annual Appreciation
6.27%
Original Mortgage
$268,000
Outstanding Balance
$224,253
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$193,987

Purchase Details

Listed on
Nov 20, 2015
Closed on
Nov 12, 2015
Sold by
Kajewski Josep1h G and Bennett Lynn D
Bought by
Tennariello Anthony and Tennariello Seok Yen
Seller's Agent
Donald Hansen
C-21 NEW BEGINNINGS
Buyer's Agent
Seok Yen Tennariello
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$186,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Sold by
Mitzner Scott
Bought by
Kajewski Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.08%

Purchase Details

Closed on
Jan 28, 1997
Sold by
Fernicola Vincent
Bought by
Mitzner Scott and Mitzner Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.57%

Purchase Details

Closed on
Feb 3, 1994
Sold by
Hovnanian K
Bought by
Fernicola Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.96%
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
Kayadji Nilhan $340,500 Rosenberg Zachary
Nilhan Kayadji $340,500 Rosenberg Zachary
Tennariello Anthony $249,000 Acres Land Title Agency Llc
Kajewski Joseph $215,000 --
Mitzner Scott $134,000 --
Fernicola Vincent $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nilhan Kayadji $268,000
Closed Nilhan Kayadji $268,000
Previous Owner Tennariello Anthony $186,750
Previous Owner Kajewski Joseph $193,500
Previous Owner Mitzner Scott $107,000
Previous Owner Fernicola Vincent $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $340,500 +7.1% --
04/28/2022 04/28/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $318,000 +27.7% --
11/20/2015 11/20/15 Sold $249,000 -- -- View Prior Sale
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 $6,100 $361,500 $140,000 $221,500
2024 $6,100 $342,900 $124,000 $218,900
2023 $6,026 $319,500 $124,000 $195,500
2022 $6,059 $301,300 $120,000 $181,300
2021 $5,366 $254,300 $120,000 $134,300
2020 $5,204 $248,500 $115,000 $133,500
2019 $5,018 $246,700 $125,000 $121,700
2018 $4,866 $242,700 $123,000 $119,700
2017 $4,774 $240,000 $123,000 $117,000
2016 $4,522 $231,800 $123,000 $108,800
2015 $4,518 $235,800 $120,000 $115,800
2014 $4,425 $228,800 $120,000 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3775644

Garden State MLS

APN: 02-08701-0000-00259-0000-CONDO