251 Potomac Dr Basking Ridge, NJ 07920
Estimated Value: $393,000 - $429,000
2
Beds
1
Bath
1,000
Sq Ft
$408/Sq Ft
Est. Value
About This Home
This home is located at 251 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $408,193, approximately $408 per square foot. 251 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
Oct 18, 1999
Sold by
Berini Frances
Bought by
Ogens Pam
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$21,088
Interest Rate
7.8%
Estimated Equity
$387,105
Purchase Details
Closed on
Feb 18, 1994
Sold by
Hovnanian K
Bought by
Smillie Frances
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.15%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ogens Pam | $179,900 | -- | |
| Smillie Frances | $120,224 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ogens Pam | $70,000 | |
| Previous Owner | Smillie Frances | $80,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,698 | $338,800 | $140,000 | $198,800 |
| 2024 | $5,698 | $320,300 | $124,000 | $196,300 |
| 2023 | $5,649 | $299,500 | $124,000 | $175,500 |
| 2022 | $5,394 | $268,200 | $120,000 | $148,200 |
| 2021 | $5,222 | $247,500 | $120,000 | $127,500 |
| 2020 | $5,061 | $241,700 | $115,000 | $126,700 |
| 2019 | $4,894 | $240,600 | $125,000 | $115,600 |
| 2018 | $4,746 | $236,700 | $123,000 | $113,700 |
| 2017 | $4,624 | $232,500 | $123,000 | $109,500 |
| 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
Map
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