NOT LISTED FOR SALE

236 Potomac Dr Unit 10 Basking Ridge, NJ 07920

Estimated Value: $277,000 - $383,000

1 Bed
1 Bath
779 Sq Ft
$337/mo HOA Fee

Last Sold September 30, 2020

Last sale price $200,000 $257 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,466/month

6 Days on Market

Highlights

  • Private Pool
  • Porch
  • 1-Story Property
  • Cedar Hill Elementary School Rated A
  • Accessible Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Lovely maintained and freshly painted condo in desirable Spring Ridge. This wonderful 1 BR, 1 BA condo shows pride in ownership. The open concept & generous size of the bedroom & bath room make this a must have. The sliding door off the family room brings you to amazing views & serenity. Included in the association fee is the pool & tennis courts. Close proximity to major highways, shopping & houses of worship make this a great buy.

Last Agent to Sell the Property

RICHARD JACOBSON

KELLER WILLIAMS REAL ESTATE Listed on: 07/22/2020

Last Buyer's Agent

Heather Corrigan

RE/MAX SIGNATURE HOMES

RE/MAX SIGNATURE HOMES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1994

Lot Details

  • 261

HOA Fees

  • $337 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 779 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family or Dining Combination

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessible Bedroom

Outdoor Features

  • Private Pool
  • Porch

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 2702-08701-0000-00270-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,636

Year Built

Built in 1994

Lot Details

0

HOA Fees

$337 per month

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
  • Exclusions: Mirror over couch
  • Street Number Display: 236
  • Directions: Spring Ridge entry to 5th L @ Potomac #236 on L
  • I D: 5001590
  • Modified: 2021-10-01
  • Number Images: 15
  • Section Subdiv Development: Spring Ridge
  • First Name: RICHARD
  • First Name3: HEATHER
  • Last Name: JACOBSON
  • Last Name3: CORRIGAN
  • Office Phone3: 201-660-9963
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Stackable Washer/Dryer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 1
  • Bedroom 1 Level: Ground
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 12x9
  • Kitchen Level: Ground
  • Living Room Dim: 21x12
  • Living Room Level: Ground
  • Other Room1 Dim: 6x5
  • Other Room1 Level: Ground
  • Other Room 2: Foyer
  • Other Room2 Dim: 12x4
  • Other Room2 Level: Ground
  • Other Room 3: Storage Room
  • Estimated Sq Ft: 779
  • Phone: 908-735-8140

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es)
  • Pool: Yes
  • Pool Description: Association Pool

Garage/Parking

  • Parking Driveway Description: 1 Car Width

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 337
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 50000
  • Assessed Land Value: 128800
  • Assessment: 178800
  • Easement: Unknown
  • Lot Identifier: 270
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 1011
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3636
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00270-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 25, 2020
Sold by
Lannacone Jennifer
Bought by
Opancha David
Seller's Agent
RICHARD JACOBSON
KELLER WILLIAMS REAL ESTATE
Buyer's Agent
Heather Corrigan
RE/MAX SIGNATURE HOMES
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%
Current Estimated Value
$330,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,472
Avg. Annual Appreciation
10.57%
Original Mortgage
$168,000
Outstanding Balance
$149,427
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,045

Purchase Details

Closed on
Nov 13, 2003
Sold by
Ferencin Robecca A
Bought by
Lutes Linda

Purchase Details

Closed on
Nov 16, 2001
Sold by
Armstrong Craig
Bought by
Ferencin Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.84%

Purchase Details

Closed on
Jun 27, 1998
Sold by
Lynn Gordon D
Bought by
Armstrong Stephen R

Purchase Details

Closed on
Feb 28, 1994
Sold by
Hovnanian K
Bought by
Lynn Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
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
Opancha David $200,000 Old Republic Natl Ttl Ins Co
Opancha David $200,000 New Title Company Name
Lutes Linda $180,000 --
Ferencin Rebecca $142,000 --
Armstrong Stephen R $94,000 --
Lynn Gordon $96,472 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opancha David $168,000
Closed Opancha David $168,000
Previous Owner Ferencin Rebecca $134,900
Previous Owner Lynn Gordon $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $200,000 -4.3% $257 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $209,000 -- $268 / Sq Ft
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 $4,437 $267,600 $140,000 $127,600
2024 $4,437 $249,400 $127,700 $121,700
2023 $4,142 $219,600 $127,700 $91,900
2022 $3,946 $196,200 $123,600 $72,600
2021 $3,992 $189,200 $123,600 $65,600
2020 $3,732 $178,200 $118,500 $59,700
2019 $3,637 $178,800 $128,800 $50,000
2018 $3,469 $173,000 $123,000 $50,000
2017 $3,453 $173,600 $123,000 $50,600
2016 $3,387 $173,600 $123,000 $50,600
2015 $3,336 $174,100 $120,000 $54,100
2014 $3,166 $163,700 $120,000 $43,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3650702

Garden State MLS

APN: 02-08701-0000-00270-0000-CONDO