NOT LISTED FOR SALE

275 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $365,000 - $410,000

1 Bed
1 Bath
950 Sq Ft
$338/mo HOA Fee

Last Sold December 29, 2020

Last sale price $260,000 $274 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,810/month

14 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Attic
  • Cedar Hill Elementary School Rated A
  • Deck
  • High Ceiling

About This Home

As of December 2020

A truly unique 2nd fl Chesterfield, this home has so much to appreciate. A true end unit with windows on 3 sides, southern views, an open concept floor plan that offers a surprising amount of space. The Master BD has large W-I closet & several windows overlooking a beautiful natural setting. Charming kitchen with center island, granite counters, opens up to the sunny LR/DR area w/sliders to a private 20 ft deck. Crown molding throughout and recessed lighting in living areas and kit. Den/Office/ possible guest BD features a large W-I closet, providing a generous additional storage & not typical in the Chesterfield floorplan. The garage is just a few steps, shared by one other unit. Recently replaced HVAC. Spring Ridge offers a clubhouse, pool, tennis, playground. Convenient to I-78 & mid town direct train

Last Agent to Sell the Property

CLAIRE SHADOOD

RE/MAX PINNACLE Listed on: 11/06/2020

RE/MAX PINNACLE

Last Buyer's Agent

BARBARA COMMER

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1989

Lot Details

  • 261

HOA Fees

  • $338 Monthly HOA Fees

Parking

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

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Wall to Wall Carpet
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

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
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00229-0000-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

$4,464

Year Built

Built in 1989

Lot Details

0

HOA Fees

$338 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, One Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: all shelving not attached
  • Street Number Display: 275
  • Directions: King George Rd to Spring Ridge entrance (Spring Valley Blvd)to left on Potomac Dr to second left to #275
  • I D: 5030416
  • Modified: 2021-12-30
  • Number Images: 20
  • Section Subdiv Development: SPRING RIDGE
  • First Name: CLAIRE
  • First Name3: BARBARA
  • Last Name: SHADOOD
  • Last Name3: COMMER
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Breakfast Bar, Center Island
  • Kitchen Dim: 10x10
  • Kitchen Level: Second
  • Living Room Dim: 14x11
  • Living Room Level: Second
  • Other Room 1: Foyer
  • Other Room1 Dim: 10x7
  • Other Room1 Level: Second
  • Other Room 2: Laundry Room
  • Other Room2 Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Den, Dining Room, Foyer, Kitchen, Laundry Room, Living Room, Storage Room
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 950
  • Phone: 908-306-9600

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 338
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

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: 100100
  • Assessed Land Value: 118500
  • Assessment: 218600
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot Identifier: 229
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 999
  • Pets Allowed: CatsOK, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4464
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00229-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Oct 30, 2020
Sold by
Saevels Marleen
Bought by
Hague Kristen
Seller's Agent
CLAIRE SHADOOD
RE/MAX PINNACLE
Buyer's Agent
BARBARA COMMER
COLDWELL BANKER REALTY
List Price
$252,000
Sold Price
$260,000
Premium/Discount to List
$8,000
3.17%
Current Estimated Value
$381,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,381
Avg. Annual Appreciation
8.53%
Original Mortgage
$247,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Lee William E
Bought by
Saevels Marleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2000
Sold by
Palma Albert
Bought by
Lee William and Urena Karen Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
8.4%
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
Hague Kristen $260,000 Prestige Title Agency Inc
Saevels Marleen $280,000 --
Lee William $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hague Kristen $247,000
Previous Owner Saevels Marleen $180,000
Previous Owner Saevels Marleen $252,000
Previous Owner Lee William $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $260,000 +3.2% $274 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $252,000 -- $265 / 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 $4,930 $277,100 $127,700 $149,400
2023 $4,958 $262,900 $127,700 $135,200
2022 $4,975 $247,400 $123,600 $123,800
2021 $5,075 $240,500 $123,600 $116,900
2020 $4,577 $218,600 $118,500 $100,100
2019 $4,465 $219,500 $128,800 $90,700
2018 $4,321 $215,500 $123,000 $92,500
2017 $4,258 $214,100 $123,000 $91,100
2016 $4,124 $211,400 $123,000 $88,400
2015 $4,012 $209,400 $120,000 $89,400
2014 $3,822 $197,600 $120,000 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3676951

Garden State MLS

APN: 02-08701-0000-00229-0000-CONDO