NOT LISTED FOR SALE

245 Potomac Dr Unit 6 Basking Ridge, NJ 07920

Estimated Value: $441,000 - $461,000

2 Beds
2 Baths
1,200 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $295,000 $246 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,898/month

About This Home

As of August 2015

This home is located at 245 Potomac Dr Unit 6, Basking Ridge, NJ 07920 since 26 August 2015 and is currently estimated at $452,085, approximately $376 per square foot. This property was built in 1994. 245 Potomac Dr Unit 6 is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Brokerage Phone: 908-766-7500 Listed on: 08/26/2015

BHHS FOX & ROACH

Last Buyer's Agent

TINA BAO

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,214

Year Built

  • Built in 1994

Lot Details

  • 305

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,214

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Somerset
  • I D: 4536156
  • Attribution Contact: 908-766-7500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Aug 19, 2015
Sold by
Xu Yan
Bought by
245 Potomac Llc
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
TINA BAO
REALMART REALTY
Sold Price
$295,000
Current Estimated Value
$452,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,085
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Apr 30, 2009
Sold by
Mcmann Marcy M
Bought by
Xu Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,800
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2000
Sold by
Auborn Joseph
Bought by
Mcmann Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.21%

Purchase Details

Closed on
Feb 28, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Auborn Joseph and Whooley John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
245 Potomac Llc $295,000 Old Republic Natl Title Ins
Xu Yan $322,000 None Available
Mcmann Marcy $198,750 --
Auborn Joseph $141,065 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Yan $289,800
Previous Owner Mcmann Marcy $75,000
Previous Owner Auborn Joseph $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2015 08/26/15 Sold $295,000 -- $246 / 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 $6,214 $407,000 $140,000 $267,000
2024 $6,214 $349,300 $127,700 $221,600
2023 $6,196 $328,500 $127,700 $200,800
2022 $5,727 $284,800 $123,600 $161,200
2021 $5,532 $262,200 $123,600 $138,600
2020 $5,359 $255,900 $118,500 $137,400
2019 $5,400 $265,500 $128,800 $136,700
2018 $5,123 $255,500 $123,000 $132,500
2017 $5,245 $263,700 $123,000 $140,700
2016 $5,277 $270,500 $123,000 $147,500
2015 $5,187 $270,700 $120,000 $150,700
2014 $5,173 $267,500 $120,000 $147,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Blanchard

    Seller's Agent in 2015

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    136 in this area

    216 Total Sales

    Jennifer Blanchard
    Section Image

  • T

    Buyer's Agent in 2015

    TINA BAO

    REALMART REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3223402

Garden State MLS

APN: 02-08701-0000-00263-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

245 Potomac Dr Unit 6, Basking Ridge, NJ

Not Listed for Sale

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