NOT LISTED FOR SALE

3 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $388,572 - $426,000

2 Beds
1 Bath
-- Sq Ft
479 Sq Ft Lot

Last Sold August 23, 2013

Last sale price $235,100

Est. 72% increase in value since last sale

Current estimated payment $2,627/month

About This Home

As of August 2013

This home is located at 3 Potomac Dr, Basking Ridge, NJ 07920 since 23 August 2013 and is currently estimated at $403,893. This property was built in 1994. 3 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

ALMA AGUAYO

WEICHERT REALTORS Brokerage Phone: 908-766-7500 Listed on: 08/23/2013

Last Buyer's Agent

LIN S. CHENG

RE/MAX PREFERRED PROFESSIONALS

RE/MAX PREFERRED PROFESSIONALS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 479

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

479 Sq Ft Lot

Listing Details

  • Year Built: 1994
  • County Name: Somerset
  • I D: 4348551
  • Attribution Contact: 908-766-7500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2013
Closed on
Aug 23, 2013
Sold by
Silbernagel Ronald
Bought by
Ye Lu and Guo Bing Lisa
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
LIN S. CHENG
RE/MAX PREFERRED PROFESSIONALS
Sold Price
$235,100
Current Estimated Value
$403,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,793
Avg. Annual Appreciation
4.38%
Original Mortgage
$176,326
Outstanding Balance
$43,982
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$359,911

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mccarty Edward
Bought by
Silbernagel Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.15%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Reed Jean L
Bought by
Mccarty Edward R and Mccarty Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Reed Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ye Lu $235,100 None Available
Silbernagel Ronald $270,000 --
Mccarty Edward R -- None Available
Reed Jean $117,119 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Lu $176,326
Previous Owner Silbernagel Ronald $216,000
Previous Owner Mccarty Edward R $200,000
Previous Owner Reed Jean $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $235,100 -- --
Source: Garden State MLS

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 $5,627 $334,800 $140,000 $194,800
2024 $5,627 $316,300 $124,000 $192,300
2023 $5,583 $296,000 $124,000 $172,000
2022 $5,333 $265,200 $120,000 $145,200
2021 $5,233 $248,000 $120,000 $128,000
2020 $5,070 $242,100 $115,000 $127,100
2019 $4,861 $239,000 $125,000 $114,000
2018 $4,714 $235,100 $123,000 $112,100
2017 $4,622 $232,400 $123,000 $109,400
2016 $4,413 $226,200 $123,000 $103,200
2015 $4,403 $229,800 $120,000 $109,800
2014 $4,317 $223,200 $120,000 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3049616

Garden State MLS

APN: 02-08701-0000-00382-0000-CONDO

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