NOT LISTED FOR SALE

302 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $346,000 - $428,000

1 Bed
1 Bath
-- Sq Ft
$316/mo HOA Fee

Last Sold March 16, 2018

Last sale price $230,000

Est. 70% increase in value since last sale

Current estimated payment $2,871/month

68 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Cedar Hill Elementary School Rated A
  • Wooded Lot
  • Den

About This Home

As of March 2018

Special Chesterfield model with 5 Rooms including Den that could be used as a Bedroom. Only 4 units in Building located on cul de sac. 2nd floor unit with balcony overlooking wooded area. Light and bright southern exposure. 1 car garage and assigned self contained storage room. Washer/ dryer in unit. Complex includes Clubhouse, Pool, Playground, Tennis Courts and walking, jogging trails.Walk-in Bedroom closet. Central Air and ceiling fan. Ridge High School ranks # 15 in NJ by US News & World Report; #12 by Newsweek and #14 by NJ Monthly Magazine. Easy access to Route# 78 and close to Bernards Twp Lyons NJ Transit Midtown Direct train station.

Last Agent to Sell the Property

SUSAN FINN

COLDWELL BANKER REALTY Listed on: 12/01/2017

Last Buyer's Agent

ALLEN GABRIELSKI

BHHS - NEW JERSEY PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1993

Lot Details

  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Home Security

Pool

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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00123-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

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

Pet Policy

  • Cats Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,380

Year Built

Built in 1993

Lot Details

0

HOA Fees

$316 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: 1993
  • County Name: Somerset
  • Street Number Display: 302
  • Directions: King George Rd to Spring Valley Blvd (Spring Ridge entrance) to left (5th turning) onto Potomac & right to # 302
  • I D: 4763115
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Spring Ridge
  • First Name: SUSAN
  • First Name3: ALLEN
  • Last Name: FINN
  • Last Name3: GABRIELSKI
  • Office Phone: 908-522-3876
  • Office Phone3: 908-685-2318
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: 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
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x9
  • Kitchen Level: Second
  • Living Room Dim: 19x16
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Laundry Room, Foyer, Den, Living Room, Dining Room, Bath Main, Kitchen
  • Phone: 973-635-5000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Assigned, Garage Door Opener, Garage Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, 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: Association, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 316
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

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: 91400
  • Assessed Land Value: 123000
  • Assessment: 214400
  • Easement: Unknown
  • Lot Description: Cul-De-Sac, Wooded Lot
  • Lot Identifier: 123
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4380
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00123-0000-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Mar 12, 2018
Sold by
Hao Jenny Rong
Bought by
Dougherty Sean
Seller's Agent
SUSAN FINN
COLDWELL BANKER REALTY
Buyer's Agent
ALLEN GABRIELSKI
BHHS - NEW JERSEY PROPERTIES
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$390,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,966
Avg. Annual Appreciation
7.26%
Original Mortgage
$172,500
Outstanding Balance
$147,608
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$243,358

Purchase Details

Closed on
Nov 16, 1999
Sold by
Castro James
Bought by
Hao Jenny Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,700
Interest Rate
7.61%

Purchase Details

Closed on
Oct 24, 1995
Sold by
Chai Michael
Bought by
Castro James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dougherty Sean $230,000 Fidelity National Title Ins
Hao Jenny Rong $155,000 --
Castro James $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Sean $172,500
Previous Owner Hao Jenny Rong $131,700
Previous Owner Castro James $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $230,000 -2.1% --
02/07/2018 02/07/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $235,000 -- --
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 $5,691 $359,700 $140,000 $219,700
2024 $5,691 $319,900 $127,700 $192,200
2023 $5,684 $301,400 $127,700 $173,700
2022 $5,540 $275,500 $123,600 $151,900
2021 $4,651 $233,700 $123,600 $110,100
2020 $4,651 $222,100 $118,500 $103,600
2019 $4,540 $223,200 $128,800 $94,400
2018 $4,329 $215,900 $123,000 $92,900
2017 $4,264 $214,400 $123,000 $91,400
2016 $4,380 $224,500 $123,000 $101,500
2015 $4,265 $222,600 $120,000 $102,600
2014 $4,003 $207,000 $120,000 $87,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3433665

Garden State MLS

APN: 02-08701-0000-00123-0000-CONDO