NOT LISTED FOR SALE

24 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $429,375 - $487,000

-- Bed
-- Bath
1,200 Sq Ft
$383/Sq Ft Est. Value

About This Home

This home is located at 24 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $459,594, approximately $382 per square foot. 24 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
Jan 18, 2006
Sold by
Taylor Dorothy
Bought by
Klar Renee and Klar Marc
Current Estimated Value
$459,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.17%

Purchase Details

Closed on
Jan 19, 2001
Sold by
Fittin Alexandra
Bought by
Taylor Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.39%

Purchase Details

Closed on
Feb 24, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Fittin Christine and Fittin Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Klar Renee $370,000 --
Taylor Dorothy $235,000 --
Fittin Christine $150,724 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klar Marc E $247,000
Closed Beal Richard C $100,000
Closed Klar Marc E $280,250
Closed Klar Renee $296,000
Previous Owner Taylor Dorothy $164,000
Previous Owner Fittin Christine $126,000
Source: Public Records

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
2024 $6,091 $342,400 $124,000 $218,400
2023 $6,071 $321,900 $124,000 $197,900
2022 $5,886 $292,700 $120,000 $172,700
2021 $5,847 $277,100 $120,000 $157,100
2020 $5,694 $271,900 $115,000 $156,900
2019 $5,415 $266,200 $125,000 $141,200
2018 $5,185 $258,600 $123,000 $135,600
2017 $5,227 $262,800 $123,000 $139,800
2016 $5,104 $261,600 $123,000 $138,600
2015 $5,074 $264,800 $120,000 $144,800
2014 $5,061 $261,700 $120,000 $141,700
Source: Public Records

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