NOT LISTED FOR SALE

283 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $411,429 - $434,000

2 Beds
1 Bath
1,000 Sq Ft
$338/mo HOA Fee

Last Sold August 28, 2020

Last sale price $265,000 $265 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,099/month

9 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Corner Lot
  • Cedar Hill Elementary School Rated A
  • Deck
  • Jogging Path

About This Home

As of August 2020

Enjoy the Spring Ridge Lifestyle Top floor Drexel II 2bd/1bth condo. Rare sunny end unit-w/ LG windows + views. Newly painted w/BRAND NEW WHIRLPOOL Refrigerator, Stove, Dishwasher, Washer/Dryer combo. Hot water heater + central AC/Heat replaced in 2017. Spacious Living/Dining Room combo w/ sliders to deck w/ great views. 2 Bedrooms w/ generous closet space, large bath w/tub + shower. Large basement storage unit next to stairwell + 1 car garage. Deck replaced 2016, sprinkler system. Amenities include: in-ground pool, tennis courts, playground, jogging/bike paths, clubhouse, green space, and more. Landscaping, snow removal, garbage, and water included in the monthly fees. Top Rated Schools, convenient to major highways I-78, 287 as well as public transportation, shopping + dining. Low Taxes. Great opportunity.

Last Agent to Sell the Property

Amie Esler

COLDWELL BANKER REALTY Listed on: 07/13/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

ALEXANDER PETRONE

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1996

Lot Details

  • 348

HOA Fees

  • $338 Monthly HOA Fees

Parking

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

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00243-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,588

Year Built

Built in 1996

Lot Details

0

HOA Fees

$338 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1996
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 283
  • Directions: King George Rd to Spring Ridge entrance (Spring Valley Blvd) to 283 Potomac Drive -unit is on 2nd floor.
  • I D: 4996729
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Spring Ridge
  • First Name: AMIE
  • First Name3: ALEXANDER
  • Last Name: ESLER
  • Last Name3: PETRONE
  • Office Phone: 908-518-3775
  • Office Phone3: 257675
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum
  • Floor Number: 2
  • Appliances: Dishwasher, Refrigerator, Stackable Washer/Dryer, OvnWGas
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallTub
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: Ground
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 9x8
  • Kitchen Level: Second
  • Living Room Dim: 14x13
  • Living Room Level: Second
  • Other Room 1: Utility Room
  • Other Room 2: Storage Room
  • Estimated Sq Ft: 1000
  • Phone: 908-233-0065

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Tennis Courts
  • 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, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Association, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

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

Fee Information

  • Other Fee Freqency: R

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: 100600
  • Assessed Land Value: 125000
  • Assessment: 225600
  • Lot Description: Backs to Park Land, Corner
  • Lot Identifier: 243
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 1013
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4588
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00243-0000-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
Jul 13, 2020
Closed on
Sep 19, 2020
Sold by
Kammerer Richard Craig
Bought by
Sawa Andreas
Seller's Agent
Amie Esler
COLDWELL BANKER REALTY
Buyer's Agent
ALEXANDER PETRONE
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$262,500
Sold Price
$265,000
Premium/Discount to List
$2,500
0.95%
Current Estimated Value
$418,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,857
Avg. Annual Appreciation
8.98%
Original Mortgage
$238,500
Outstanding Balance
$212,231
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$195,831

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 25, 2020
Sold by
Kammerer Richard Craig
Bought by
Savva Andreas
Seller's Agent
Amie Esler
COLDWELL BANKER REALTY
Buyer's Agent
ALEXANDER PETRONE
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$262,500
Sold Price
$265,000
Premium/Discount to List
$2,500
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Outstanding Balance
$212,231
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$195,831

Purchase Details

Closed on
Nov 9, 2000
Sold by
Lopes Dion
Bought by
Kammerer Richard

Purchase Details

Closed on
Jul 23, 1997
Sold by
Steffey Beverly
Bought by
Lopes Dion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.55%
Source: Public Records

Range of Values:

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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
Sawa Andreas $265,000 Title Masters
Savva Andreas $265,000 Title Masters Llc
Kammerer Richard $180,000 --
Lopes Dion $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savva Andreas $238,500
Closed Sawa Andreas $238,500
Closed Savva Andreas $238,500
Previous Owner Lopes Dion $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $265,000 +1.0% $265 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $262,500 -- $263 / 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 $5,798 $325,900 $124,000 $201,900
2023 $5,579 $295,800 $124,000 $171,800
2022 $5,331 $265,100 $120,000 $145,100
2021 $5,176 $245,300 $120,000 $125,300
2020 $4,808 $229,600 $115,000 $114,600
2019 $4,589 $225,600 $125,000 $100,600
2018 $4,630 $230,900 $123,000 $107,900
2017 $4,396 $221,000 $123,000 $98,000
2016 $4,472 $229,200 $123,000 $106,200
2015 $4,466 $233,100 $120,000 $113,100
2014 $4,353 $225,100 $120,000 $105,100
Source: Public Records

Agents Affiliated with this Home

  • Amie Esler

    Seller's Agent in 2020

    Amie Esler

    COLDWELL BANKER REALTY

    (646) 942-2626

    Amie Esler
    Section Image

  • A

    Buyer's Agent in 2020

    ALEXANDER PETRONE

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3647813

Garden State MLS

APN: 02-08701-0000-00243-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

283 Potomac Dr, Basking Ridge, NJ

This home is located at 283 Potomac Dr, Basking Ridge, NJ 07920 since 13 July 2020 and is currently estimated at $418,857, approximately $418 per square foot. This property was built in 1996. 283 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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