NOT LISTED FOR SALE

253 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $383,000 - $440,000

2 Beds
1 Bath
-- Sq Ft
$357/mo HOA Fee

Last Sold June 30, 2022

Last sale price $340,000

Est. 23% increase in value since last sale

Current estimated payment $3,108/month

9 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of June 2022

Welcome Home! Come and see this beautifully updated, move-in ready, first floor unit. Brand new air conditioner and furnace installed in March. Washer, Dryer, and Dishwasher in unit. Go out and relax by the community pool and tennis courts or take a walk around the coveted town of Bernards, with all that it has to offer. Nearby schools, shopping, and places of worship. This should be your next home!

Last Agent to Sell the Property

Michael Scillieri

KELLER WILLIAMS PROSPERITY REALTY Listed on: 05/09/2022

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

Barbara Mulcahy

RE/MAX INTEGRITY ADVANTAGE

RE/MAX INTEGRITY ADVANTAGE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,195

Year Built

  • Built in 1994

Lot Details

  • 436

HOA Fees

  • $357 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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 2702-08701-0000-00280-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,195

Year Built

Built in 1994

Lot Details

0

HOA Fees

$357 per month

Parking

1

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 253
  • Directions: King George Rd to Spring Valley Blvd to Potomac Dr unit 253 is on the right side.
  • I D: 5149129
  • Modified: 2023-07-01
  • Number Images: 16
  • First Name: MICHAEL A
  • First Name3: BARBARA
  • Last Name: SCILLIERI
  • Last Name3: MULCAHY
  • Office Phone3: 908-665-0600
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 22x14
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Dim: 10x8
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room 3: Storage Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Foyer, Kitchen, Laundry Room, Living Room

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop, Common

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 357
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 150200
  • Assessed Land Value: 120000
  • Assessment: 270200
  • Easement: Unknown
  • Lot Identifier: 280
  • 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: 5195
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00280-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jun 19, 2012
Sold by
Harrington Alene
Bought by
Lukas Susan
Buyer's Agent
Nancie Balun
COLDWELL BANKER REALTY
Sold Price
$237,000
Current Estimated Value
$418,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,478
Avg. Annual Appreciation
4.37%
Original Mortgage
$213,300
Outstanding Balance
$147,894
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$270,584

Purchase Details

Closed on
Dec 11, 2006
Sold by
Delaney Barbara
Bought by
Harrington Alene

Purchase Details

Closed on
Feb 18, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Guerny Eric and Guerny Helene
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
Lukas Susan $237,000 Chicago Title Insurace Co
Harrington Alene $266,000 --
Guerny Eric $115,540 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lukas Susan $213,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $340,000 +7.9% --
05/24/2022 05/24/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $315,000 +32.9% --
06/21/2012 06/21/12 Sold $237,000 -- -- 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 $6,283 $372,000 $140,000 $232,000
2024 $6,283 $353,200 $124,000 $229,200
2023 $6,197 $328,600 $124,000 $204,600
2022 $5,434 $270,200 $120,000 $150,200
2021 $5,357 $253,900 $120,000 $133,900
2020 $5,195 $248,100 $115,000 $133,100
2019 $4,961 $243,900 $125,000 $118,900
2018 $4,810 $239,900 $123,000 $116,900
2017 $4,742 $238,400 $123,000 $115,400
2016 $4,649 $238,300 $123,000 $115,300
2015 $4,650 $242,700 $120,000 $122,700
2014 $4,551 $235,300 $120,000 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3780709

Garden State MLS

APN: 02-08701-0000-00280-0000-CONDO