NOT LISTED FOR SALE

268 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $329,000 - $378,000

1 Bed
1 Bath
-- Sq Ft
218 Sq Ft Lot

Last Sold June 18, 2024

Last sale price $310,000

Est. 5% increase in value since last sale

Current estimated payment $2,162/month

14 Days on Market

About This Home

As of June 2024

This home is located at 268 Potomac Dr, Basking Ridge, NJ 07920 since 25 April 2024 and is currently estimated at $343,436. This property was built in 1994. 268 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.

Last Agent to Sell the Property

MICHELLE PAIS

SIGNATURE REALTY NJ Brokerage Phone: 908-686-1200 Listed on: 04/25/2024

Last Buyer's Agent

Tracey Franco

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,672

Year Built

  • Built in 1994

Lot Details

  • 218

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,672

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Somerset
  • Street Number Display: 268
  • I D: 5280916
  • Modified: 2025-06-19
  • Number Images: 1
  • Attribution Contact: 908-686-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 17, 2024
Sold by
Kim Yoon Seong and Park Soyun
Bought by
Finelli Michael
Seller's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
Buyer's Agent
Tracey Franco
COLDWELL BANKER REALTY
List Price
$282,000
Sold Price
$310,000
Premium/Discount to List
$28,000
9.93%
Views
54
Current Estimated Value
$323,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,960
Avg. Annual Appreciation
9.49%
Original Mortgage
$283,882
Outstanding Balance
$280,712
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$62,724

Purchase Details

Listed on
Jun 12, 2022
Closed on
Jul 8, 2022
Sold by
Leonard Uanis Adam
Bought by
Kim Yoon-Seong and Park Soyun
Seller's Agent
Roberta Williams
RE/MAX FIRST REALTY II
List Price
$234,900
Sold Price
$250,000
Premium/Discount to List
$15,100
6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 25, 2019
Sold by
Lobiondo Joanne
Bought by
Uanis Adam Leonard
Seller's Agent
HEATHER ODONNELL
WEICHERT REALTORS
Buyer's Agent
JILL FRIEDLAND
WEICHERT REALTORS
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$193,030
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Lobiondo Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.4%
Source: Public Records

Range of Values:

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
Finelli Michael $310,000 None Listed On Document
Kim Yoon-Seong $250,000 Medina Christopher W
Uanis Adam Leonard $199,000 Fidelity National Ttl Ins Co
Lobiondo Joanne $69,849 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finelli Michael $283,882
Previous Owner Uanis Adam Leonard $193,030
Previous Owner Lobiondo Joanne $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $310,000 +9.9% --
05/09/2024 05/09/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $282,000 +12.8% --
07/13/2022 07/13/22 Sold $250,000 +6.4% $333 / Sq Ft
06/22/2022 06/22/22 Off Market $234,900 -- --
06/12/2022 06/12/22 For Sale $234,900 +18.0% $313 / Sq Ft
06/25/2019 06/25/19 Sold $199,000 0.0% $255 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $199,000 -- $255 / 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
2024 $4,672 $262,600 $127,700 $134,900
2023 $4,328 $229,500 $127,700 $101,800
2022 $3,881 $193,000 $123,600 $69,400
2021 $4,022 $190,600 $123,600 $67,000
2020 $3,834 $183,100 $118,500 $64,600
2019 $3,820 $187,800 $128,800 $59,000
2018 $3,649 $182,000 $123,000 $59,000
2017 $3,640 $183,000 $123,000 $60,000
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

  • M

    Seller's Agent in 2024

    MICHELLE PAIS

    SIGNATURE REALTY NJ

  • Tracey Franco

    Buyer's Agent in 2024

    Tracey Franco

    COLDWELL BANKER REALTY

    (973) 945-6865

    1 in this area

    142 Total Sales

    Section Image

  • R

    Seller's Agent in 2022

    Roberta Williams

    RE/MAX

    (908) 220-0670

    1 in this area

    1 Total Sale

    Section Image

  • H

    Seller's Agent in 2019

    HEATHER ODONNELL

    WEICHERT REALTORS

  • J

    Buyer's Agent in 2019

    JILL FRIEDLAND

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3898304

Garden State MLS

APN: 02-08701-0000-00238-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

268 Potomac Dr, Basking Ridge, NJ

This home is located at 268 Potomac Dr, Basking Ridge, NJ 07920 since 25 April 2024 and is currently estimated at $343,436. This property was built in 1994. 268 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.

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