NOT LISTED FOR SALE

321 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $365,000 - $419,000

2 Beds
1 Bath
-- Sq Ft
$341/mo HOA Fee

Last Sold September 01, 2022

Last sale price $315,000

Est. 28% increase in value since last sale

Current estimated payment $2,951/month

56 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Jogging Path
  • Cedar Hill Elementary School Rated A
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of September 2022

Amazing opportunity to live in Basking Ridge! Beautifully updated first floor 2BR 1 BTH Drexel Model in Spring Ridge! Open concept living/dining room combo. Newer flooring (2016), washer & dryer (2016), renovated bathroom and s/s appliances (2021). Amenities include swimming pool, tennis courts, bocce court, playground, basketball court, bike paths, clubhouse and more. Convenient to shopping, parks, Rt 78 & 287. No dogs allowed. 1 car detached garage. Large basement/storage room. Tenant occupied till 8/31/22.

Last Agent to Sell the Property

Sara Miniman

WEICHERT REALTORS Listed on: 04/28/2022

WEICHERT REALTORS

Last Buyer's Agent

Jennifer Liming

TURPIN REAL ESTATE, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,222

Year Built

  • Built in 1993

Lot Details

  • 479

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking
  • Assigned Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00144-0000-CONDO

Community Details

Overview

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

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

$5,222

Year Built

Built in 1993

Lot Details

0

HOA Fees

$341 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
  • Directions: King George Rd to Spring Valley Blvd to Potomac Dr
  • I D: 5146392
  • Section Subdiv Development: Spring Ridge
  • First Name: SARA
  • First Name3: JENNIFER
  • Last Name: MINIMAN
  • Last Name3: LIMING
  • Office Phone: 908-781-1000
  • Office Phone3: 908-696-8600
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2021

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 23x14
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Foyer, Kitchen, Laundry Room, LivDinRm
  • Phone: 908-781-1000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk, Tennis Courts
  • 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: Additional Parking, Assigned, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 341
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Schools

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

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • 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: 5222
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00144-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Aug 22, 2022
Sold by
Coury Daniel C and Coury Julia
Bought by
Radwanski Paul
Seller's Agent
Sara Miniman
WEICHERT REALTORS
Buyer's Agent
Jennifer Liming
TURPIN REAL ESTATE, INC.
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$403,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,253
Avg. Annual Appreciation
7.90%
Original Mortgage
$235,000
Outstanding Balance
$212,858
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$190,395

Purchase Details

Closed on
Mar 2, 2017
Sold by
Coury Herbert R
Bought by
Coury Daniel C

Purchase Details

Closed on
Mar 13, 2007
Sold by
Farley Barbara Ann
Bought by
Coury Herbert R and Daniel C Coury Trust

Purchase Details

Closed on
Jun 7, 2003
Sold by
Dilone Enrique
Bought by
Farley Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.53%
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
Radwanski Paul $315,000 --
Radwanski Paul $315,000 None Listed On Document
Coury Daniel C -- None Available
Coury Herbert R $285,000 --
Farley Barbara $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radwanski Paul $235,000
Closed Radwanski Paul $235,000
Previous Owner Farley Barbara $167,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $315,000 0.0% --
06/23/2022 06/23/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $315,000 -1.3% --
05/23/2022 05/23/22 Price Changed $319,000 -1.8% --
05/06/2022 05/06/22 Price Changed $325,000 -1.2% --
04/28/2022 04/28/22 For Sale $329,000 -- --
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 $5,849 $347,300 $140,000 $207,300
2024 $5,849 $328,800 $124,000 $204,800
2023 $5,790 $307,000 $124,000 $183,000
2022 $5,550 $276,000 $120,000 $156,000
2021 $5,383 $255,100 $120,000 $135,100
2020 $5,222 $249,400 $115,000 $134,400
2019 $4,987 $245,200 $125,000 $120,200
2018 $4,836 $241,200 $123,000 $118,200
2017 $4,720 $237,300 $123,000 $114,300
2016 $4,497 $230,500 $123,000 $107,500
2015 $4,489 $234,300 $120,000 $114,300
2014 $4,398 $227,400 $120,000 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3778303

Garden State MLS

APN: 02-08701-0000-00144-0000-CONDO