NOT LISTED FOR SALE

314 Potomac Dr Unit 10 Basking Ridge, NJ 07920

Estimated Value: $407,000 - $450,000

2 Beds
2 Baths
1,022 Sq Ft
$301/mo HOA Fee

Last Sold August 31, 2017

Last sale price $283,750 $278 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,078/month

27 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Cathedral Ceiling
  • Cedar Hill Elementary School Rated A
  • Deck
  • L-Shaped Dining Room

About This Home

As of August 2017

Essex II Model /Top-Level. Vaulted ceiling /Living rm /Dining Rm. Roof & skylights 2014. Kitchen re-modeled 2013 / granite counters / tile back-splash/ under-mount stainless-steel sink/laminate floor. Kitchen stainless-steel appliances 2014. Granite vanities both baths. Master Bath remodeled 2014. Ceiling fan/ 2014/ Dining Rm. Abundant basement storage 24' x 24'. Garage with opener. WI-FI programmable thermostat. 326-acre well-maintained complex bordering over 100 acres of undisturbed land. Amenities include on-site property manager, clubhouse, playground, bicycle and walking paths, new tennis courts, in-ground pool, and bocci ball court. Convenient to interstates 78/287, NYC Midtown Direct trains, buses, shopping, and recreation. No dogs allowed but 2 indoor cats are permitted. Top-rated school district.

Last Agent to Sell the Property

HEATHER ODONNELL

WEICHERT REALTORS Listed on: 06/01/2017

Last Buyer's Agent

MARY BETH CORCORAN

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,928

Year Built

  • Built in 1987

Lot Details

  • 523

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,022 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

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 2702-08701-0000-00135-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area, water fees
  • $39 Other Monthly Fees

Recreation

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

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,928

Year Built

Built in 1987

Lot Details

0

HOA Fees

$301 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: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: King George Rd to Spring Ridge entrance (Spring Valley Blvd) to 5th left at Potomac to 1st drive on right, #314, upstairs.
  • I D: 4719441
  • Section Subdiv Development: SPRING RIDGE
  • First Name: HEATHER
  • First Name3: MARY BETH
  • Last Name: ODONNELL
  • Last Name3: CORCORAN
  • Office Phone: 908-212-6015
  • Office Phone3: 908-766-0085
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Appliances: Range/Oven-Electric, Refrigerator, Dishwasher, Self Cleaning Oven, Disposal, Stackable Washer/Dryer
  • Interior Amenities: TubShowr, Walk-In Closet, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Skylight, Cathedral Ceiling, Smoke Detector
  • 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: Unfinished, Partial
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: Second
  • Dining Area: Dining L
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 12x9
  • Kitchen Level: Second
  • Living Room Dim: 29x13
  • Living Room Level: Second
  • Other Room 1: Storage Room
  • Other Room1 Dim: 24x24
  • Other Room1 Level: Basement
  • Other Room 2: Bathroom
  • Other Room2 Dim: 6x5
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Dim: 6x5
  • Other Room3 Level: Second
  • Other Room 4: Laundry Room
  • Other Room4 Level: Second
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Laundry Room, Foyer, Dining Room, Living Room, Bath Main
  • Estimated Sq Ft: 1022
  • Phone: 908-781-1000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop, Common

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
  • 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: 301
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area, Water Fees

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 470

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: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4928
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00135-0000-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 31, 2017
Sold by
Dukes Albert M
Bought by
Carr Jaclyn Marie
Seller's Agent
HEATHER ODONNELL
WEICHERT REALTORS
Buyer's Agent
MARY BETH CORCORAN
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$287,500
Sold Price
$283,750
Premium/Discount to List
-$3,750
-1.3%
Current Estimated Value
$433,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,608
Avg. Annual Appreciation
5.18%
Original Mortgage
$24,300
Outstanding Balance
$20,325
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$413,033

Purchase Details

Closed on
Apr 21, 2008
Sold by
Rezvan Timothy A and Rezvan Maryellen
Bought by
Dukes Albert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2006
Sold by
Maryellen Maryellen Arias Aka
Bought by
Rezvan Maryellen

Purchase Details

Closed on
Dec 16, 2004
Sold by
Arias Norma
Bought by
Arias Maryellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carr Jaclyn Marie $283,750 Chicago Title Insurance Co
Dukes Albert M $295,000 Trans Cnty Title Agency Llc
Rezvan Maryellen -- --
Arias Maryellen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Jaclyn Marie $24,300
Previous Owner Dukes Albert M $265,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $283,750 -1.3% $278 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $287,500 -- $281 / 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 $6,394 $410,100 $140,000 $270,100
2024 $6,394 $359,400 $124,000 $235,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    HEATHER ODONNELL

    WEICHERT REALTORS

  • M

    Buyer's Agent in 2017

    MARY BETH CORCORAN

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3392941

Garden State MLS

APN: 02-08701-0000-00135-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

314 Potomac Dr Unit 10, Basking Ridge, NJ

Not Listed for Sale

Condos

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