NOT LISTED FOR SALE

309 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $408,575 - $416,000

2 Beds
1 Bath
1,000 Sq Ft
$331/mo HOA Fee

Last Sold January 04, 2022

Last sale price $290,000 $290 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,094/month

13 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Cedar Hill Elementary School Rated A
  • Deck
  • Jogging Path

About This Home

As of January 2022

Well maintained 2 bedroom unit on the first floor in a great location. Eat-in kitchen with updates. Updated bath with shower and tub. Plantation shutters. Recessed lighting. Large 25'x18' basement storage room. Garage, plus ample guest parking. 326-acres of well-maintained grounds bordering over 100 acres of undisturbed nature. Convenient to I-78/I-287, NYC Midtown Direct trains, buses & shopping. Within 30 minutes to Newark airport. On-site property manager, clubhouse, in-ground pool, playground, tennis, basketball & bocce courts & bicycle paths. Excellent Bernards Twp. schools. Cedar Hill elementary school. Near Pleasant Valley Park. Nearby shopping at Bridgewater Mall, Bridgewater Promenade, Chimney Rock Plaza, Morristown & Somerville

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 10/08/2021

Co-Listed By

IRINA BAGMUT

WEICHERT REALTORS

Last Buyer's Agent

MARYANN GOLDING

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,243

Year Built

  • Built in 1993

Lot Details

  • Fenced

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Wall to Wall Carpet
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

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
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00132-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection, water fees
  • $992 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,243

Year Built

Built in 1993

Lot Details

0

HOA Fees

$331 per month

Parking

1

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 309
  • Directions: Rt 78 exit 36 to King George Rd to Spring Valley Blvd (Spring Ridge Entrance) to 4th Left on Potomac Dr to #309
  • I D: 5108859
  • Modified: 2023-01-05
  • Number Images: 13
  • Section Subdiv Development: Spring Ridge
  • First Name: ALMA
  • First Name2: IRINA
  • First Name3: MARYANN
  • Last Name: AGUAYO
  • Last Name2: BAGMUT
  • Last Name3: GOLDING
  • Office Phone: 908-766-7500
  • Attribution Contact: 908-766-7500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: StallTub
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Foyer, Kitchen, Laundry Room, Living Room
  • Estimated Sq Ft: 1000
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Metal Fence, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 331
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 992

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: 132700
  • Assessed Land Value: 123600
  • Assessment: 256300
  • Easement: Unknown
  • Lot Identifier: 132
  • Lot I D Tax: *
  • Lot Size Tax: *

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: 5243
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00132-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 29, 2021
Sold by
Anderson Patricia
Bought by
Gorombey Kristine and Kusterer Joanne
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
MARYANN GOLDING
WEICHERT REALTORS
List Price
$279,900
Sold Price
$290,000
Premium/Discount to List
$10,100
3.61%
Current Estimated Value
$421,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,814
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Swannick Ann
Bought by
Anderson Patricia and Eisenberg Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
7.08%

Purchase Details

Closed on
Mar 10, 2000
Sold by
Bielefeld Anne
Bought by
Swannick Ann
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
Gorombey Kristine $290,000 Old Republic Title
Anderson Patricia $176,000 --
Swannick Ann $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Patricia $147,700
Previous Owner Anderson Patricia $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $290,000 +3.6% $290 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $279,900 -- $280 / 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 $5,780 $339,600 $140,000 $199,600
2024 $5,780 $324,900 $127,700 $197,200
2023 $5,733 $304,000 $127,700 $176,300
2022 $5,480 $272,500 $123,600 $148,900
2021 $5,408 $256,300 $123,600 $132,700
2020 $5,243 $250,400 $118,500 $131,900
2019 $5,016 $246,600 $128,800 $117,800
2018 $4,788 $238,800 $123,000 $115,800
2017 $4,706 $236,600 $123,000 $113,600
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: 3745708

Garden State MLS

APN: 02-08701-0000-00132-0000-CONDO