NOT LISTED FOR SALE

30 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $435,000 - $505,000

2 Beds
2 Baths
1,050 Sq Ft
$321/mo HOA Fee

Last Sold September 14, 2018

Last sale price $266,500 $254 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,211/month

71 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Cathedral Ceiling
  • Cedar Hill Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2018

GH1050 (Essex) Model /Madison Village. Top-level. Cathedral ceiling / skylights. Interior painted/ May 2018. Bedrooms carpet/ May 2018. Slate kitchen floor. Engineered cherry floor / Living Room / Dining Room / Hall. Raised-panel oak cabinetry. Stone back-splash. Roof, deck & utility closet door / 2017. Tank-less water heater. Track lighting / Living Room, Dining Room, Kitchen & Hall. On-site Community Manager, playground, tennis court, clubhouse & bicycle / walking paths / bocce court. 326-acre well-manicured community borders over 100 acres of undisturbed nature. No dogs allowed in complex. HOA allows two indoor cats.

Last Agent to Sell the Property

HEATHER ODONNELL

WEICHERT REALTORS Listed on: 05/27/2018

Last Buyer's Agent

Gregory Asch

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 1994

Lot Details

  • 479

HOA Fees

  • $321 Monthly HOA Fees

Parking

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

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Track Lighting
  • Thermal Windows
  • Window Treatments
  • Living Room
  • Family or Dining Combination
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • 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
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00012-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, maintenance-common area
  • $40 Other Monthly Fees

Recreation

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

Pet Policy

  • Cats Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,046

Year Built

Built in 1994

Lot Details

0

HOA Fees

$321 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: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: King George Rd to Spring Ridge entrance (Spring Valley Blvd) to 7th left at Potomac to # 10 on left.
  • I D: 4797037
  • Section Subdiv Development: Spring Ridge
  • First Name: HEATHER
  • First Name3: GREGORY
  • Last Name: ODONNELL
  • Last Name3: ASCH
  • Office Phone: 908-212-6015
  • Office Phone3: 908-522-9444
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Skylight, Cathedral Ceiling, Smoke Detector, Track Lighting
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x8
  • Kitchen Level: Second
  • Living Room Dim: 22x14
  • Living Room Level: Second
  • Other Room 1: Storage Room
  • Other Room1 Dim: 24x24
  • Other Room1 Level: Basement
  • Other Room 2: Bathroom
  • Other Room2 Dim: 10x5
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Dim: 10x5
  • Other Room3 Level: Second
  • Other Room 4: Foyer
  • Other Room4 Dim: 10x5
  • Other Room4 Level: Second
  • Level 2 Rooms: Laundry Room, Utility Room, 2 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Estimated Sq Ft: 1050
  • Phone: 908-781-1000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors
  • 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: All Underground
  • Water: Association, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 321
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 480

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: Common Area
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Zoning: Condominium

Rental Info

  • Pets Allowed: CatsOK, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5046
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00012-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2018
Closed on
Aug 29, 2018
Sold by
Lee John
Bought by
Debellis Christopher A
Seller's Agent
HEATHER ODONNELL
WEICHERT REALTORS
Buyer's Agent
Gregory Asch
RE/MAX ACHIEVERS
List Price
$299,000
Sold Price
$266,500
Premium/Discount to List
-$32,500
-10.87%
Current Estimated Value
$460,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,752
Avg. Annual Appreciation
7.72%
Original Mortgage
$213,200
Outstanding Balance
$185,540
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$274,712

Purchase Details

Closed on
Feb 28, 1994
Sold by
Hovnanian K
Bought by
Lee John and Lee Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Debellis Christopher A $266,500 Acres Land Title Agency Llc
Lee John $129,358 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debellis Christopher A $213,200
Previous Owner Lee John $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $266,500 -10.9% $254 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $299,000 -- $285 / 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
2025 $6,081 $420,200 $140,000 $280,200
2024 $5,777 $341,800 $124,000 $217,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3474055

Garden State MLS

APN: 02-08701-0000-00012-0000-CONDO