27 Potomac Dr Basking Ridge, NJ 07920
Estimated Value: $396,105 - $433,000
--
Bed
--
Bath
1,000
Sq Ft
$420/Sq Ft
Est. Value
About This Home
This home is located at 27 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $419,526, approximately $419 per square foot. 27 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
May 9, 2005
Sold by
Hofmann Richard and Hofmann Vera
Bought by
Hofmann Richard and Hofmann Vera
Current Estimated Value
Purchase Details
Closed on
May 18, 1999
Sold by
Dughi Alda
Bought by
Hofmann Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
6.88%
Purchase Details
Closed on
Feb 25, 1994
Sold by
Hovnanian K
Bought by
Dughi Alda
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
7.01%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hofmann Richard | -- | None Available | |
Hofmann Richard | $151,000 | -- | |
Dughi Alda | $112,646 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hofmann Richard | $187,000 | |
Closed | Hofmann Richard R | $70,000 | |
Closed | Hofmann Richard | $120,800 | |
Previous Owner | Dughi Alda | $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 |
---|---|---|---|---|
2024 | $5,828 | $327,600 | $124,000 | $203,600 |
2023 | $5,756 | $305,200 | $124,000 | $181,200 |
2022 | $5,466 | $271,800 | $120,000 | $151,800 |
2021 | $5,368 | $254,400 | $120,000 | $134,400 |
2020 | $5,116 | $244,300 | $115,000 | $129,300 |
2019 | $5,030 | $247,300 | $125,000 | $122,300 |
2018 | $4,876 | $243,200 | $123,000 | $120,200 |
2017 | $4,788 | $240,700 | $123,000 | $117,700 |
2016 | $4,374 | $224,200 | $123,000 | $101,200 |
2015 | $4,340 | $226,500 | $120,000 | $106,500 |
2014 | $4,301 | $222,400 | $120,000 | $102,400 |
Source: Public Records
Map
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