NOT LISTED FOR SALE

280 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $316,000 - $377,000

1 Bed
1 Bath
-- Sq Ft
261 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $201,000

Est. 68% increase in value since last sale

Current estimated payment $2,199/month

22 Days on Market

About This Home

As of August 2021

This home is located at 280 Potomac Dr, Basking Ridge, NJ 07920 since 01 June 2021 and is currently estimated at $338,430. This property was built in 1994. 280 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 Buyer's Agent

THOMAS MCCAULEY

KELLER WILLIAMS MID-TOWN DIRECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 1994

Lot Details

  • 261

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,771

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Somerset
  • Street Number Display: 280
  • I D: 5076373
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-464-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 31, 2021
Sold by
Walpow Peter and Lee Walpow Lillian
Bought by
Prendella Katherine
Buyer's Agent
THOMAS MCCAULEY
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$203,900
Sold Price
$201,000
Premium/Discount to List
-$2,900
-1.42%
Current Estimated Value
$338,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,430
Avg. Annual Appreciation
13.62%
Original Mortgage
$166,000
Outstanding Balance
$151,048
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,382

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 19, 2021
Sold by
Walpow Peter and Lec-Walpow Lillian
Bought by
Katherine Prendella
Buyer's Agent
THOMAS MCCAULEY
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$203,900
Sold Price
$201,000
Premium/Discount to List
-$2,900
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Outstanding Balance
$151,048
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,382

Purchase Details

Closed on
Jul 23, 2004
Sold by
Valentine Michael
Bought by
Walpow Peter and Walpow Lillian Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.33%

Purchase Details

Closed on
Sep 18, 1997
Sold by
Anderson Margaret
Bought by
Detlefsen Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.52%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1994
Sold by
Hovnanian K
Bought by
Anderson Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.15%
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
Prendella Katherine $201,000 Acres Land Title Agency Inc
Katherine Prendella $201,000 Acres Land Title
Walpow Peter $195,000 --
Detlefsen Mark $80,000 --
Anderson Margaret $71,220 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prendella Katherine $166,000
Closed Katherine Prendella $166,000
Previous Owner Walpow Peter $156,000
Previous Owner Detlefsen Mark $72,000
Previous Owner Anderson Margaret $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $201,000 -1.9% --
06/23/2021 06/23/21 Pending -- -- --
06/02/2021 06/02/21 Price Changed $204,900 +0.5% --
06/01/2021 06/01/21 For Sale $203,900 -- --
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 $4,771 $291,600 $140,000 $151,600
2024 $4,771 $268,200 $124,000 $144,200
2023 $4,391 $232,800 $124,000 $108,800
2022 $3,841 $191,000 $120,000 $71,000
2021 $3,700 $186,400 $120,000 $66,400
2020 $3,700 $176,700 $115,000 $61,700
2019 $3,602 $177,100 $125,000 $52,100
2018 $3,511 $175,100 $123,000 $52,100
2017 $3,487 $175,300 $123,000 $52,300
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

  • T

    Buyer's Agent in 2021

    THOMAS MCCAULEY

    KELLER WILLIAMS MID-TOWN DIRECT

See All Agents

Map

Source: Garden State MLS

MLS Number: 3716481

Garden State MLS

APN: 02-08701-0000-00246-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

280 Potomac Dr, Basking Ridge, NJ

This home is located at 280 Potomac Dr, Basking Ridge, NJ 07920 since 01 June 2021 and is currently estimated at $338,430. This property was built in 1994. 280 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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