NOT LISTED FOR SALE

32 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $433,718 - $476,000

2 Beds
2 Baths
1,200 Sq Ft
$346/mo HOA Fee

Last Sold June 29, 2021

Last sale price $325,000 $271 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,426/month

50 Days on Market

Highlights

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

About This Home

As of June 2021

Rare penthouse end unit (Fairfax II) with two bedrooms and office. Gas, double-sided fireplace in living room/office. Many updates: Andersen windows, new furnace, air conditioning, painting & lights. Dramatic, light-filled living/dining room designed with skylights, high ceilings, sliding doors to private deck with tree views. Large, sunny, eat-in kitchen with wood floors, gas stove. Relaxing owners retreat with oversized bedroom, walk-in closet, and ensuite bathroom with large shower and two sinks. Outside furnace and water heater room. Full-size washer/dryer. Widespread storage including 17' x 19' basement storage, linen closets and medicine cabinets. Ceiling fans in living room and owners room. Mirrored sliding doors in second bedroom. Sunny, main bathroom with full tub. Close to NY train and Route 78.

Last Listed By

Nancie Balun

COLDWELL BANKER REALTY Listed on: 03/13/2021

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,762

Year Built

  • Built in 1994

Lot Details

  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $346 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Library with Fireplace
  • Storage Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • 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
  • Separate 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
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00014-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection, water fees
  • $1,038 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,762

Year Built

Built in 1994

Lot Details

0

HOA Fees

$346 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
  • Exclusions: Chandelier included. High-end, Italian furnishings negotiable.
  • Renovated Year: 2021
  • Street Number Display: 32
  • Directions: From Route 78 take King George Road to left onto Spring Valley Boulevard (see Spring Ridge sign) to left onto Potomac Drive.
  • I D: 5054644
  • Modified: 2022-06-30
  • Number Images: 25
  • Section Subdiv Development: Spring Ridge
  • First Name: NANCIE
  • First Name3: DEBRA ANN
  • Last Name: BALUN
  • Last Name3: MECKBACH
  • Office Phone: 908-766-2900
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2021

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Floor Number: 2
  • Fireplace Description: Gas Fireplace, Library, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Skylight, Smoke Detector, StallShw, StallTub, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Kitchen Dim: 10x12
  • Kitchen Level: Second
  • Living Room Dim: 14x13
  • Living Room Level: Second
  • Other Room 1: Storage Room
  • Other Room1 Dim: 17x19
  • Other Room1 Level: Basement
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Dining Room, Foyer, Kitchen, Laundry Room, Library, Living Room, LivDinRm, Pantry
  • Estimated Sq Ft: 1200
  • Phone: 908-658-9000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk, Tennis Courts, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Kitchen Facilities, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 346
  • 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: 1038

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: 160200
  • Assessed Land Value: 115000
  • Assessment: 275200
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Cul-De-Sac
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Pets Allowed: CatsOK, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 5762
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00014-0000-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
Mar 13, 2021
Closed on
Jun 21, 2021
Sold by
Bobrin Igor A and Bestemyanova Natalya F
Bought by
Sellers Eric
Seller's Agent
Nancie Balun
COLDWELL BANKER REALTY
Buyer's Agent
Debra Ann Meckbach
COLDWELL BANKER REALTY
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%
Total Days on Market
50
Current Estimated Value
$457,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,430
Avg. Annual Appreciation
9.95%
Original Mortgage
$315,250
Outstanding Balance
$289,123
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$182,248

Purchase Details

Closed on
Dec 28, 2001
Sold by
O'Donnell Charles
Bought by
Bobrin Igor and Bestemyanova Natalaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.08%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Hovnanian K
Bought by
O'Donnell Charles and O'Donnell Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.15%

Range of Values:

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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
Sellers Eric $325,000 Wfg National Title Ins Co
Bobrin Igor $240,000 --
O'Donnell Charles $147,479 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Eric $315,250
Previous Owner Bobrin Igor $140,000
Previous Owner O'Donnell Charles $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $325,000 -1.2% $271 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $329,000 -- $274 / 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
2024 $6,243 $350,900 $124,000 $226,900
2023 $6,214 $329,500 $124,000 $205,500
2022 $6,019 $299,300 $120,000 $179,300
2021 $5,763 $280,300 $120,000 $160,300
2020 $5,763 $275,200 $115,000 $160,200
2019 $5,476 $269,200 $125,000 $144,200
2018 $5,243 $261,500 $123,000 $138,500
2017 $5,277 $265,300 $123,000 $142,300
2016 $5,346 $274,000 $123,000 $151,000
2015 $5,323 $277,800 $120,000 $157,800
2014 $5,274 $272,700 $120,000 $152,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3697628

Garden State MLS

APN: 02-08701-0000-00014-0000-CONDO